North America Floor Cleaning Equipment Market Size & Outlook
North America floor cleaning equipment market, 2015-2025 (US$M)
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North America floor cleaning equipment market highlights
- The North America floor cleaning equipment market generated a revenue of USD 3,804.5 million in 2018.
- The market is expected to grow at a CAGR of 8.1% 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, U.S. is expected to register the highest CAGR from 2019 to 2025.
North America data book summary
| Market revenue in 2018 | USD 3,804.5 million |
| Market revenue in 2025 | USD 6,565.1 million |
| Growth rate | 8.1% (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, North America region accounted for 44.9% 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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North America 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 22.19% in 2018. Horizon Databook has segmented the North America 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.
North America is projected to account for a market share of 43.1% in floor cleaning equipment market by 2028 on account of large infrastructural investment in countries such as the U.S. and Canada. This leads to increased penetration of floor cleaning equipment in the aforementioned regions.
Increased penetration of hardwood flooring in the region has developed the need for safer cleaning options without causing damage to the floor and thus, floor cleaning equipment witness greater application here.
The rising trend of wooden flooring has also increased the prominence of effective cleaning equipment in the residential sector such as manual sweepers, mops, and floor wipers. These products have higher demand in residential application owing to convenience and low cost.
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Target buyers of North America floor cleaning equipment market databook
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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 North America floor cleaning equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America floor cleaning equipment market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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North America floor cleaning equipment market size, by country, 2015-2025 (US$M)
North America Floor Cleaning Equipment Market Outlook Share, 2018 & 2025 (US$M)
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