The portable car vacuum market is projected to expand to a valuation of US$ 10.9 billion in 2023 and is projected to exhibit a CAGR of 8.4% from 2023 to 2033 and reach US$ 24.5 billion in 2033.
A portable car vacuum is an equipment that induces suction to remove dust particles from various surfaces and can be carried from one place to another. A portable car vacuum has become an essential tool for individuals for their day to day maintenance of the cars.
On the basis of types, the portable car vacuum can be segmented into canister, handheld, upright, stick, backpack robotics and others.
The handheld vacuum is expected to contribute towards the highest revenue and drive the growth of the global portable car vacuum market. The size and easy portability of handheld vacuum is the reason, why it is expected to grow at a higher rate compared to other types in the forecast period.
The Covid-19 outbreak out has led to slowing down of various markets, portable car vacuum market is no different. The worldwide lockdowns has led to slowing down the sales of portable car vacuums.
However, the market is expected to grow substantially due to rising demands to keep everything clean and hygienic post the breakout of this virus.
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Portable Car Vacuum Market: Drivers and Restraints
The rise in working population and increase in living standards of consumers is expected to drive the growth of the portable car vacuum market.
The advantages such as ease, time-efficiency, and benefits, these portable car vacuums offer is expected to boost the overall growth of the portable car vacuum market.
The increasing demand of small vacuum cleaners, handheld vacuum cleaners and battery powered vacuum cleaners is expected to drive the growth of the global portable car vacuum market.
However, the production of counterfeit products, under the same brand name, low quality of post-sale services and unavailability of spare parts is expected to hamper the growth of the global portable car vacuum market. Additionally, the high product price is expected to restrict the growth of the portable car vacuum market.
Portable Car Vacuum Market: Overview
The global market for portable car vacuum market is estimated to experience a significant growth during the forecast period due to increase in living standards of the consumers and the rising need to keep the surroundings clean.
Based on type, the global portable car vacuum market is divided into handheld, canister, upright, stick, backpack robotic and others. The handheld vacuum cleaners section is expected to contribute the largest revenue for the portable car vacuum market as it is smaller in size and easy to handle.
Based on distribution channel, the portable car vacuum market is segmented into online and offline channels. The online channel is further divided into company owned websites and E-commerce sites.
The offline channel is bifurcated into brand stores and departmental stores. Overall, the online channel is expected to experience significant growth due to increasing acceptance of E-commerce products as it gives the advantage of ordering within the comfort zone of one’s home.
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Portable Car Vacuum Market: Regional-Wise Outlook
Geographically, the portable car vacuum market is segmented into seven regions viz. South Asia, East Asia, Europe, Latin America, North America, Oceania and Middle East and Africa.
The North America is expected to account for the largest share in the portable car vacuum market due to the living standards of consumers which is very high in this region. Europe is expected to have the second largest market for global portable car vacuum market.
However, East Asia is expected to observe a substantial growth in the portable car vacuum market due to improving standards of living.
On the other hand, South Asia is anticipated to experience fastest growth in the portable car vacuum market due to increasing working women’s population in this region.
In the Middle East and Africa the market growth is expected to be limited due to slow economic growth, underdeveloped infrastructure and lower access to technological advancement.
Portable Car Vacuum Market: Key players
- LG Electronics
- Haier Inc.
- Samsung
- Miele & Cie
- Bissell
- Panasonic Corporation
- Koninklijke philpips N.V
- iRobot Corporation
- Dyson
- Techtronic Industries Co. Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology Matrix
- Value Chain
Regional analysis of the Portable Car Vacuum Market report includes
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Portable Car Vacuum Market: Segmentation
Tentatively, the global portable car vacuum market has been segmented on the basis of type and distribution channel.
Based on Type
- Handheld
- Canister
- Upright
- Stick
- Backpack robotic
- Others
Based on Distribution Channel
- Online channel
- Company owned websites
- E-commerce sites
- Offline channel
- Brand stores
- Departmental stores
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