Europe Floor Cleaning Equipment Market Size & Outlook
Europe floor cleaning equipment market, 2015-2025 (US$M)
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Europe floor cleaning equipment market highlights
- The Europe floor cleaning equipment market generated a revenue of USD 2,466.3 million in 2018.
- The market is expected to grow at a CAGR of 8.7% from 2019 to 2025.
- In terms of segment, vacuum cleaners was the largest revenue generating product in 2018.
- Floor Sweepers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2019 to 2025.
Europe data book summary
| Market revenue in 2018 | USD 2,466.3 million |
| Market revenue in 2025 | USD 4,410.3 million |
| Growth rate | 8.7% (CAGR from 2018 to 2025) |
| Largest segment | Vacuum cleaners |
| Fastest growing segment | Floor Sweepers |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Floor Scrubbers, Vacuum Cleaners, Floor Sweepers, Manual Sweeper, Mops, Floor Wiper |
| Key market players worldwide | Tennant Co, Nilfisk Group, Alfred Kärcher, Hako Group, Eureka Therapeutics, International Cleaning Equipment, Comac, Minuteman International, Denis Rawlins |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.1% of the global floor cleaning equipment market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,678.1 million by 2025.
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Floor Cleaning Equipment Market Scope
Floor Cleaning Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe floor cleaning equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to floor cleaning equipment market will help companies and investors design strategic landscapes.
Vacuum cleaners was the largest segment with a revenue share of 28.37% in 2018. Horizon Databook has segmented the Europe floor cleaning equipment market based on floor scrubbers, vacuum cleaners, floor sweepers, manual sweeper, mops, floor wiper covering the revenue growth of each sub-segment from 2015 to 2025.
The regional market is expected to observe an average growth over the forecast period owing to increasing expenditure on floor covering materials. Europe witnesses the highest expenditure and revenue generation in floor covering materials market such as wood blocks, parquet panels, laminate flooring, self-adhesive strips, carpets, and textile coverings.
Thus, there is an increasing prominence of manual machines and small equipment such as sweepers, mops, wipers, and brushes. Increased preference for hardwood flooring and carpet floor coverings in the region has substantially influenced consumers to invest in floor cleaning equipment owing to higher repairing cost associated with these floor materials
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Our clientele includes a mix of floor cleaning equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe floor cleaning equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe floor cleaning equipment market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Europe floor cleaning equipment market size, by country, 2015-2025 (US$M)
Europe Floor Cleaning Equipment Market Outlook Share, 2018 & 2025 (US$M)
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