Market Analysis and Insights : Global Floor Cleaning Equipment Market
Floor cleaning equipment market will reach an estimated valuation of USD 8.7 Billion by 2027, while registering this growth at a rate of 8.40% for the forecast period of 2020 to 2027. Floor cleaning equipment market report analyses the growth, which is currently being growing due to the rising demand of high end cleaning products.
The growing demand of electric machine and handles, introduction of ride-on models of floor cleaners, increasing usages of various flowing material such as wood, ceramic, stone and others, increasing consciousness among the consumer regarding airborne diseases are some of the major factors which will likely to boost the growth of the floor cleaning equipment market in the forecast period of 2020-2027. On the other hand, growth of the construction as well as hospitality sector along with constant technological development which will further bring immense opportunities that will led to the growth of the floor cleaning equipment market in the above mentioned forecast period.
High cost of automatic and semi-automatic equipment will likely to act as market restraint factors for the growth of the floor cleaning equipment market in the above mentioned forecast period.
This floor cleaning equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on floor cleaning equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Floor Cleaning Equipment Market Scope and Market Size
Floor cleaning equipment market is segmented on the basis of product type, type, distribution channel and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of product type, the floor cleaning equipment market is segmented into cordless electric brooms, scrubbers, steam cleaner, vacuum cleaners, and others. Others have been further segmented into walk behind scrubbers, and ride-on scrubbers.
- Based on type, the floor cleaning equipment market is segmented into fully automatic, and semi-automatic.
- On the basis of distribution channel, the floor cleaning equipment market is segmented into online, and offline.
- Floor cleaning equipment market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for floor cleaning equipment market includes residential, commercial, and industrial.
Global Floor Cleaning Equipment Market Country Level Analysis
Floor cleaning equipment market is analysed and market size, volume information is provided by country, product type, type, distribution channel, and application as referenced above.
The countries covered in the floor cleaning equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
U.S. and Canada dominates the North America floor cleaning equipment market due to the rising usages of the carpet as a floor covering along with increasing demand of vacuum cleaner and electric sweepers in the region. Asia-Pacific region is expected to hold the largest growth rate due to the rising levels of disposable income along with rapid urbanization in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Floor Cleaning Equipment Market Share Analysis
Floor cleaning equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to floor cleaning equipment market.
The major players covered in the floor cleaning equipment market report are Nilfisk Group; Kärcher India; Tennant Company.; Hako GmbH; EUREKA S.p.A. Unipersonale; Intelligent Cleaning Equipment; COMAC S.p.A.; Fimap S.p.A.; Minuteman Intl; Rawlins.; Katy Vacuum, LLC.; Techtronic Industries Co. Ltd.; SANTONI ELECTRIC CO. P. LTD.; Roots Multiclean LTD.; Rubbermaid Commercial Products; AB Electrolux; Weiler Abrasives.; 3M; Koblenz Eléctrica, S.A. de C.V.; American Heritage, Inc.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.