China Vacuum Cleaner Market Size & Outlook, 2023-2030
China vacuum cleaner market, 2018-2030 (US$M)
Related Markets
China vacuum cleaner market highlights
- The China vacuum cleaner market generated a revenue of USD 1,188.3 million in 2023 and is expected to reach USD 2,434.1 million by 2030.
- The China market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, canister was the largest revenue generating product in 2023.
- Robotic is the most lucrative product segment registering the fastest growth during the forecast period.
Vacuum cleaner market data book summary
| Market revenue in 2023 | USD 1,188.3 million |
| Market revenue in 2030 | USD 2,434.1 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Canister |
| Fastest growing segment | Robotic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Canister, Central, Drum, Robotic, Upright, Wet & Dry |
| Key market players worldwide | Bissell, Craftsman Automation, Dream International Ltd, DeWalt, Dyson, Emerson Electric Co, Haier Smart Home Co Ltd ADR, IRobot Corp, Neato Robotics, Nilfisk Group, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Snow Joe, Ecovacs, Karcher |
Other key industry trends
- In terms of revenue, China accounted for 8.7% of the global vacuum cleaner market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vacuum cleaner market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,793.1 million by 2030.
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Vacuum Cleaner Market Scope
Vacuum Cleaner Market Companies
| Name | Profile | # Employees | HQ | Website |
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China vacuum cleaner 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 vacuum cleaner market will help companies and investors design strategic landscapes.
Canister was the largest segment with a revenue share of 25.42% in 2023. Horizon Databook has segmented the China vacuum cleaner market based on canister, central, drum, robotic, upright, wet & dry covering the revenue growth of each sub-segment from 2018 to 2030.
China is experiencing steady growth due to the increasing number of Chinese households becoming more aware of the importance of maintaining clean living environments, leading to the growing demand for vacuum cleaners. Additionally, the rise of e-commerce platforms in China has made it easier for consumers to purchase vacuum cleaners online, contributing to the market’s growth.
Some of the major players in the market in China include international brands such as Dyson, Philips, and Electrolux, as well few domestic players such as Haier and Midea. These companies compete to offer innovative and advanced product features such as high suction power, long battery life, and smart controls.
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Target buyers of China vacuum cleaner market databook
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Our clientele includes a mix of vacuum cleaner 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 country-level data and insights on the China vacuum cleaner market , including forecasts for subscribers. This country databook contains high-level insights into China vacuum cleaner market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China vacuum cleaner market size, by product, 2018-2030 (US$M)
China Vacuum Cleaner Market Outlook Share, 2023 & 2030 (US$M)
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