Global Portable Vacuum Cleaners Market Forecast, Trend Analysis And Competition Tracking - Global Market Insights 2015 to 2031

Demand For Portable Vacuum Cleaners From 2015 To 2020 Vs. Future Market Projections For 2021-2031

Introduction: What Makes Handheld Vacuum Cleaner Mostly Preferable?

A portable vacuum cleaner is a convenient alternative to heavy, bulky vacuums. They are smaller and typically less expensive than traditional vacuums, making them an attractive purchase for those who live in smaller homes or apartments. They may not be as powerful as the larger vacuums, but their convenience and affordability make them an excellent purchase for many people. Many portable vacuum cleaners also come with extra tools for cleaning different surfaces such as carpet, linoleum, and tile. Portable vacuum cleaners are specifically for people who do not want to lug around heavy and bulky vacuums. They also do not need filters, which is one less step in cleaning. However, they do require more battery power to work, so it's essential to keep them charged at all times.

Request Covid - 19 Impact

The working population is increasing, and so is their disposable income. Now that people have more to spend on themselves, they have access to various products, including portable vacuum cleaners. Handheld vacuum cleaners are pretty small in size and lightweight. These vacuums can be used for quickly cleaning up dust and debris from your rugs and carpets. They also work well on stairs, furniture crevices, and tight spaces that would be difficult to clean with a typical upright vacuum cleaner.  However, one disadvantage of a portable vacuum cleaner is that it may not have the suction power of a conventional vacuum cleaner. Portable vacuum cleaners often lose suction power because they are battery-operated and cannot be plugged into a socket. Rarely will a portable vacuum cleaner be able to match the suction power of a stationary vacuum cleaner because of its limited space for a motor and other parts.

Market Dynamics: A Good Home Cleaning Keeper

The global portable vacuum cleaners market was valued at US$ 5,086.2 Mn in 2020 and is projected to register а САGR of over 5% by 2031.

Sales of portable vacuum cleaners are increasing due to the ever-increasing disposable income and the hectic lifestyle that accompanies it. People want a quick and easy way to clean their homes, and they're willing to pay more for convenience. The rise in income also has a role in the increased demand because people that were able to live more comfortable lives due to their higher incomes had more time and money to spend on other luxuries such as cleaning supplies.

The development of new products and technological advancements has increased portable vacuum cleaners' sales. Many new features come with these vacuums that make them more desirable. For example, the Black+Decker 20V Max Lithium Pivot BDH2000PL has strong suction compared to any other cordless handheld vacuum. Its pivoting nozzle makes getting into small crevices, such as in between car seats, a lot easier than with a traditional dustbuster.

Moreover, the internet has changed the way people conduct their day-to-day business transactions. With more customers shopping online, e-commerce has increased sales for portable vacuum cleaners. Consumers also choose to purchase their products online rather than at a brick-and-mortar store that carries the same products. The convenience of ordering items to be delivered right to your doorstep or picking up items in person has increased the demand for businesses that offer these goods. These factors are anticipated to strengthen the projected profit margins for this market during the forecast period. Nonetheless, the availability of other counterpart products such as traditional vacuum cleaners or even the latest robotic cleaners may challenge the target market growth.

COVID-19 Impact Analysis: Another Layer Of Protection From COVID-19

In the near aftermath of the COVID-19 pandemic breakout, people have been urged to stay home from their place of work or school in order to limit the chance of catching the disease. As a result, vacuum cleaner sales have shot up as people must clean their own homes without any help from a maid or professional cleaner. Moreover, the pandemic has induced a strong sense of cleanliness and hygiene among the population. This means that there is a lot more vacuuming going on and people are not coming into contact with other sources of germs. The need to maintain hygiene in hospitals and homes amid the pandemic has raised vacuums sales. Many hospitals are struggling with increased demands for cleanliness, both for patients and staff. The hospital must now provide appropriate anti-bacterial products for turnover rooms, medical isolation rooms, MRI suites, patient care areas, sterile areas of the lab, the morgue, the security desks, visitors' waiting areas and patient bathrooms. This has also led to an increased demand for portable vacuum cleaners.

The Key Players In The Portable Vacuum Cleaners Market

The Portable Vacuum Cleaners market landscape appears highly consolidated, with a significant chunk being European and American players.

• Black+Decker
• Hoover
• Bissell
• Dirt Devil
• Dyson
• Eureka Forbes
• Panasonic
• Worx
• Ridgid
• DeWalt
• Other Players

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Segments Covered

Portable Vacuum Cleaners Market, By Product Type

• Corded
• Battery-Powered

Portable Vacuum Cleaners Market, By Distribution Channel

• Online
• Offline

Portable Vacuum Cleaners Market, By End-Use

• Commercial
• Residential