The dry vacuum cleaner market is projected to grow at a CAGR of 4.3% over the course of the forecast period, from a value of US$2.35 billion in 2021 to US$3.8 billion by 2032.
The sale of dry vacuum cleaners increased dramatically over the past ten years and earlier as people became more aware of the various health benefits of vacuum cleaners.
Its increasing popularity around the world is demonstrated by the dry vacuum cleaner market share, which is constantly increasing in comparison to the total revenue produced by various types of vacuum cleaners. With the rising levels of pollution and the diseases they cause, demand for this mechanical, portable device is anticipated to increase.
The dry vacuum cleaner market is anticipated to show promising growth prospects during the forecast period. The sale of dry vacuum cleaners is increasing day by day owing to their easier and quick working abilities in all kinds of environments.
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The growing population levels in urbanization cities has also benefitted the dry vacuum cleaner market as more and more people are using such type of products to save the limited available time in their busy scheduled life. So with the growth of industrial cities, the dry cleaning market share is expected to go up in the coming years.
Some of the key dry vacuum cleaner market trends promoting the demand for dry vacuum cleaners include growing awareness about the benefits of the dry vacuum cleaner over the traditional wet cleaning methods.
The rise in demand for dry vacuum cleaners for confined and hazardous places will likely drive the demand for dry vacuum cleaner during the forecast period of 2022 to 2032.
What are the Trending Opportunities for the Dry vacuum Cleaner Market in the Coming Years?
The trending opportunity for various dry vacuum cleaner companies is the growing focus towards manufacturing innovative products that are economical and account for compact size provided with artificial intelligence.
The products are presented in the market in varying sizes, suitable for commercial as well as applications. Companies like L.G. Corporation, USA has invented dry vacuum cleaner. The supersized robot dry vacuum will be used on the airports that are equipped with a high ? canister, multiple brushes and motors.
Also, the rise in hazardous impacts of the artificially prepared goods and chemicals on the natural environment has increased the demand for dry vacuum cleaners in industrial as well as household units.
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Who are the Key Players in the Dry Vacuum Cleaners Market?
Some of the key players in the global dry vacuum cleaning market includes NIIfisk Industrial Vaccum Solutions, Tiger-vac Solutions, Depureco Industrial Vacuums, Delfin Industrial Vacuums, ESTA Apparetebau, Goodway, MAZZONI, WORKSHOP, Festool, Flmap, Blemmedue, Emaritalla, Metabowerke, Ridge Tool, Phillips, PHISINIC, Hoover, and KARDV.
Major Developments in the Dry Vacuum Cleaner Market
Many global companies operating in the dry vacuum cleaner market are setting up their manufacturing plants in China, Singapore, Malaysia, Thailand, etc. To reduce the raw material and labour costs.
- This shift in production units is likely to boost the sales of dry vacuum cleaners by bringing down the manufacturing cost.
- Recently Nilfisk acquired the business of Hydro Tek and Pressure Pro (a U.S. based company) to strengthen its consumer base in the market of other countries.
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