About Vapour mop
Vapour mop is the electrical appliances which are mainly used for cleaning floors, furniture etc. These are majorly used to quickly dry, clean, and sanitize the surfaces moreover this process is also effective to purify or even sterilize the surfaces. Vapour mop do not use soaps or detergents as a cleaning agent. It uses heat from steam to clean all the required unclean things. Increasing efficiency of these vapour mop, with the increasing demand of these appliances, are driving the market in forecasted years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Vapour mop is a consolidated market due to the presence of less players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United Kingdom, United States and Germany Manufacturers will contribute the maximum growth to Global Vapour mop market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
VAX (United Kingdom), Morphyrichards (United Kingdom), Shark (United Kingdom), KARCHER (Germany), Swiffer (United States), BISSELL (United States), Techtronic Industries (United States), TTI (United States) and Black & Decker (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are HAAN Corporation (Canada), SALAV (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Vapour mop market by Type (Vertical type and Horizontal type), Application (Household, Commercial and Others) and Region.
On the basis of geography, the market of Vapour 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Vapour mop market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle of People Coupled With Their Preference towards Vapour Mop and Rapid Increase in Dual-Income Households
Market Growth Drivers:
Increasing Applications of Vapour Cleaners Mostly In Hotel Industries, Rising Awareness about Hygiene and a Healthy Living Environment and Increasing Number of Smart Homes
Challenges:
Availability of Low-Cost Manual Labor in Developing Countries and Issues Related to Counterfeit Products and Malfunctioning Of Product
Restraints:
Rising Electricity and Energy Cost and Availability of Different Substitutes Such as Vacuum Cleaners or Normal Cleaners
Opportunities:
Growing R & D in Vapour Mop Technologies Coupled with Increasing Product Awareness among Consumers and The High Rate of Urbanization by Developing Economies like India and China
In December 2022, G Electronics (LG) is introducing its new CordZero A9 Kompressor with Steam Power Mop at CES 2023. Winner of a CES 2023 Innovation Award, the new model is the company’s first cordless stick vacuum cleaner to offer steam mopping functionality.
Key Target Audience
Vapour Mop Manufacturers, Potential Investors, Traders/Distributors and Suppliers, Downstream Vendors, Industry Association, Marketing Firms and Government and Regulatory Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.