Vacuum Cleaner Market Worth $26.4 Billion By 2030 | CAGR: 9.8%
Vacuum Cleaner Industry Overview The global vacuum cleaner market size is expected to reach USD 26.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.8% from 2022 to 2030. The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive the market over the next few years. For instance, in November 2021, Kent RO Systems Ltd. launched a zoom vacuum cleaner with a bagless and cordless design. The vacuum cleaner has a cyclonic technology with a 130W suction motor to properly clean all the dirt and dust. Further, it also has a HEPA filter to prevent air pollution and maintain hygiene and clean surroundings. Vacuum Cleaner Market Segmentation Gra...