FMI Analysis Indicates Global Vacuum Cleaner Filter Market to Surpass USD 4,670 Million by 2032, Surging at 9.3% CAGR

Vacuum Cleaner Filter Market

According to Future Market Insights (FMI) observations, the global vacuum cleaner filter market was valued at USD 1924.1 million in 2022. The industry is anticipated to exceed USD 4,670 million by 2032 end. The report estimates the market to expand at a positive CAGR of 9.3% from 2022 to 2032. During this period, it is projected that the rising awareness among end users, growing demand for vacuum cleaners from the healthcare sectors, and changing lifestyles will drive the market for vacuum cleaner filters.

The expansion of the global economy is speeding up urbanization across developing countries. This is resulting in increasing disposable incomes, giving consumers the required purchasing power to invest in vacuum cleaners equipped with the latest filtration technologies.

Vacuum cleaner filters allow vacuum cleaners to do their jobs properly. They can keep contaminants and airborne particles intact and filter air to ensure thorough cleaning. As adoption of vacuum cleaners is set to increase across commercial, industrial, and residential sectors, the global market for vacuum cleaner filters is set to register substantial acceleration.

Key Takeaways from Market Study:

  • By filter type, the cartridge filters segment is anticipated to witness prominent demand expansion at 8.9% CAGR by value from 2022 to 2032.
  • By sales channel, the OEM sales segment is projected to expand at a CAGR of 9.1% by value between 2022 and 2032.
  • By vacuum cleaner type, the upright vacuum cleaner segment is projected to expand at a CAGR of 7.8% by value.
  • By region, North America is anticipated to witness substantial growth in the vacuum cleaner filter market.
  • By end use industry, the residential sector is estimated to hold a prominent volume share of 64.4% in 2022.

“The market for vacuum cleaner filters is being fueled by rising demand from the healthcare and commercial sector and increasing dependency on convenient household appliances. Shifting preferences toward technologically advanced goods and appliances are fueling demand. Prominent manufacturers involved in the market are introducing new and trending technologies like highly efficient filters and advanced filters for custom applications” Says an FMI analyst.

Read More! https://www.einpresswire.com/article/614146131/vacuum-cleaner-filter-market-to-surpass-us-4-670-million-as-application-in-residential-and-industrial-sectors-rises-future-market-insights-inc

Who is Winning ?

A few of the key players in vacuum cleaner filter market include American Air Filter Company Inc Rotronic AG, APC Filtration Inc, Bissell Inc, Dyson, Electrolux AB, Freudenberg Filtration Technologies GmbH & Co, GVS S, Hengst SE, M-Filter Group, Midea Group, Nilfisk, Robert Bosch GmbH, and TTI, Inc.

Key players are also keen on developing innovative vacuum cleaner filter products, which are aimed at being cost-effective without compromising on vacuum cleaner performance. Market participants are also making hefty investments in mergers, acquisitions, strategic collaborations, and expansion to strengthen their respective footholds in the global market.

Global Vacuum Cleaner Filter Industry by Category:

By Filter Type:

  • Bag Filters
  • Foam Filters
  • Cyclone Filters
  • Cartridge Filters
  • Cloth Filters

By Sales Channel:

  • OEM (First Fit)
  • Aftermarket (Replacement)

By Vacuum Cleaner:

  • Upright
  • Canister
  • Central
  • Wet/Dry
  • Robotic

By End Use:

  • Industrial
  • Residential
  • Commercial

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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