Electric Mop Market Scope
Electric mops are wet mops with a revolving mop head that spins away dirty water in the bucket. Dirty water is sucked out of the microfiber mop head by the centrifugal force generated by spinning. Cleaning mops are used to clear dust from floors and other surfaces, as well as for other cleaning tasks. A sweeping mop, also known as a floor mop, is made up of a handle, irregular strings, sponge, and a piece of fabric, thread, or other material that absorbs water or other liquids. The creation of new material and ergonomic designs, as well as technologically advanced cleaning mops, was motivated by the prevention of user fatigue and possible on-the-job accidents when using cleaning mops. The market for spin mops is rapidly growing, one of the major factors driving the market's growth has been the ease of mopping floors. This has aided in the development of lucrative opportunities for manufacturers of home cleaning equipment.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Bisseil Inc. (United States), Black&Decker (United States), Eureka Forbes (India), Guangdong Kingbest Electric Co.,Ltd (China), Haan Corporation (United States), Haier Group (China), Kärcher (Germany) and Nilfisk Group (Denmark) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Turkey Vendors will contribute to the maximum growth of Global Electric Mop market throughout the predicted period.
Bisseil Inc. (United States), Black&Decker (United States), Eureka Forbes (India), Guangdong Kingbest Electric Co.,Ltd (China), Haan Corporation (United States), Haier Group (China), Kärcher (Germany) and Nilfisk Group (Denmark) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Prestige Group (India) and SharkNinja Operating LLC (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Electric Mop market by Type , by Application (dissolve grime,, remove stuck-on deposits and even kill bacteria to sanitize with just water) and Region with country level break-up.
On the basis of geography, the market of Electric Mop has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In December 2021,Stanley Black & Decker announced that it has successfully completed the acquisition of two leading companies in the growing outdoor power equipment industry, including purchasing the remaining 80 percent ownership stake in MTD Holdings Inc (“MTD”) and the acquisition of Excel Industries (“Excel”). These transactions establish Stanley Black & Decker as a U.S. based global leader in outdoor products and complement the Company’s position as the fastest growing provider of cordless electric outdoor power equipment with strong brands such as DEWALT®, CRAFTSMAN® and BLACK+DECKER®.
In March , 2023 BLACK+DECKER®, a Stanley Black & Decker brand setting the standard for cordless innovation and design of home products, brings its latest and soon-to-be-launched products to The Inspired Home Show, taking place from March 4-7 in Chicago, Illinois. BLACK+DECKER will showcase some of the brand's latest and soon-to-be products including the bev by BLACK+DECKER™ Cordless Cocktail Maker, the expansion of the kitchen wand™ family of attachments and the latest in stick vacuum technology with the POWERSERIES Extreme™ MAX Cordless the SUMMITSERIES™ Select.
Influencing Trend:
Increasing use of Cost-effective Spin Mops
Market Growth Drivers:
Rapid Growth in the Number of Housing Units in Urban Areas, The Increased Importance of Cleanliness and Hygiene. and More Convenient and Easy To Use than Normal Mops
Challenges:
Various Alternatives Available
Restraints:
More Expensive than Normal Mops
Opportunities:
Problems in Finding Domestic Help and Increased usage in areas like the Malls, Offices, Hospital etc.
Key Target Audience
Manufacturers of Electric Mop, Suppliers of Electric Mop, Wholesalers, Distributors and Retailers of Electric Mop, Consumer Electronic Industry and Others