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Shibuya-ku, Tokyo, Japan, Japan, Feb 02, 2021, 02:09 /Comserve / -- Key Vendors: Alfred Karcher, Tennant, Techtronic Industries, Nilfisk, Bissell Inc
The carpet cleaner market is projected to reach values over $900 million by 2024, growing at a CAGR of approximately 6% during 2018−2024. The rise in commercial construction activities, the demand for carpet flooring in the hospitality industry, the popularity of rental equipment services, and the emergence of green cleaning technology are the major factors driving the global carpet cleaner market.
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"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Key Vendors
• Alfred Karcher
• Tennant
• Techtronic Industries
• Nilfisk
• Bissell Inc
Key Vendor Analysis
The global carpet cleaner market is highly competitive with the presence of several vendors. Vendors are adopting innovative technologies to retain their strong market position. Rapid technological improvements are adversely affecting market vendors as consumers are expecting continuous innovations and product upgrades. The competition is based on features such as quality, quantity, technology, services, and price. Further, the competition is expected to intensify with the increase in product/service extensions, growth in technological innovations, and an increase in mergers and acquisitions. Arizton believes that global players would grow inorganically by acquiring regional or local players in future years.
Carpet Cleaner Market: Segmentation
The research report includes detailed market segmentation by products, cleaning methods, end-users, distribution, and geography. The upright segment captured around half of the market in 2018. An upright carpet cleaner machine is the most popular floorcare equipment. It is largely used in developed countries such as the US and Europe. Residential and commercial variants are the major end-users of the segment. North America accounted for the largest market for upright carpet cleaners in 2018, followed by Europe. However, the APAC region is expected to witness the fastest growth during the forecast period. Handheld cleaner machines are observing high demand in residential and commercial sectors due to convenience, maneuverability, versatility, and lightweight.
The carpet extractors segment dominated the carpet cleaner market in 2018. Carpet extractors are ideal for commercial spaces as they take a short time to clean. Also, they are beneficial to clean small areas due to their compactness and maneuverability. Europe was the second largest market for carpet steamers in 2018; however, APAC is expected to grow at a healthy CAGR during the forecast period.
Commercial, residential, and contract cleaners are the three major end-users in the carpet cleaner market. In 2018, the commercial segment was the largest end-user. The global commercial real estate market experienced rapid growth in 2018 due to increased global investments, which inevitably fueled the demand for cleaning amenities, including carpet cleaners. Also, the increased application of these cleaners in corporate offices, hospitality, and retail sectors is expected to increase the demand for carpet spot cleaners worldwide. Corporate offices comprised the second largest segment in the market in 2018.
Offline and online are the two primary distribution modes for the carpet cleaner market. Offline sales accounted for approximately 85% market share in 2018. However, online sales are gaining prominence due to rising internet penetration and the rapid expansion of online retailing. The penetration of internet and smartphones and the growing trend of online shopping have boosted the online carpet cleaner market globally. APAC and MEA are emerging as the high potential regions in the market and are expected to increase the sale of carpet cleaning machine globally.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91499
"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Table of Content
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Product Type
4.4.2 Market Segmentation by Cleaning Methods
4.4.3 Market Segmentation by End-users
4.4.4 Market Segmentation by Distribution
4.4.5 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
The carpet extractors segment dominated the carpet cleaner market in 2018. Carpet extractors are ideal for commercial spaces as they take a short time to clean. Also, they are beneficial to clean small areas due to their compactness and maneuverability. Europe was the second largest market for carpet steamers in 2018; however, APAC is expected to grow at a healthy CAGR during the forecast period.
Key Market Insights
• Offers market sizing and growth prospects of the market for the forecast period 2019–2024.
• Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market.
• Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
• Delivers a complete overview of market segments and the regional outlook of the
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the
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