The high-end stick vacuum cleaner market is forecasted to grow by USD 1712.7 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the high-end stick vacuum cleaner market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of luxury home appliances, social factors driving adoption of high-end stick vacuum cleaners in urban areas, and growing awareness regarding cleanliness and hygienic.
Technavio's high-end stick vacuum cleaner market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.18%
CAGR
4.6%
Incremental Value
$1712.7mn
By Distribution Channel
Offline
Online
By Application
Residential
Commercial
By Geography
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the growing demand from online retailing as one of the prime reasons driving the high-end stick vacuum cleaner market growth during the next few years. Also, growing popularity of cordless and lightweight stick vacuum cleaners and growing constructions in non-residential sector will lead to sizable demand in the market.
The report on the high-end stick vacuum cleaner market covers the following areas:
High-end stick vacuum cleaner market sizing
High-end stick vacuum cleaner market forecast
High-end stick vacuum cleaner market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading high-end stick vacuum cleaner market vendors that include AB Electrolux, Alfred Karcher SE and Co KG., Atrix International Inc., BISSELL, Dyson Group Co., iVision Vacuum srl, JS Global Lifestyle Co. Ltd., Koninklijke Philips N.V., LG Corp., Midea Group Co. Ltd., Miele and Cie. KG, Numatic International Ltd., Panasonic Holdings Corp., Proscenic, Robert Bosch GmbH, Samsung Electronics Co. Ltd., SEB Developpement SA, Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., Tineco Intelligent Technology Co. Ltd., and Xiaomi Communications Co. Ltd.. Also, the high-end stick vacuum cleaner market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global High-End Stick Vacuum Cleaner Market 2018 - 2022
Historic Market Size - Data Table on Global High-End Stick Vacuum Cleaner Market 2018 - 2022 ($ million)
4.2 Distribution Channel segment analysis 2018 - 2022