The industrial vacuum cleaner market is poised for significant growth, rising from $0.94 billion in 2023 to $1.00 billion in 2024, with a compound annual growth rate (CAGR) of 6.1%. This growth is driven by increased industrial activity and heightened standards for workplace hygiene and safety. The market is projected to expand further, reaching $1.27 billion by 2028, with a CAGR of 6.2%. Factors such as rising demand for green technologies and improved indoor air quality (IAQ) are expected to bolster this growth.
Major Driver In The Industrial Vacuum Cleaner Market
The industrial vacuum cleaner market is anticipated to benefit from the growth of the hospitality sector, which encompasses lodging, dining, and entertainment services. As travel increases and disposable incomes rise, the demand for cleanliness and hygiene in hotels and restaurants becomes paramount. Industrial vacuum cleaners play a crucial role in maintaining high standards of cleanliness, directly contributing to guest satisfaction. The Croatian Bureau of Statistics reported that commercial accommodation establishments welcomed 17.8 million tourist arrivals and recorded 90.0 million tourist nights in 2022, reflecting significant increases of 39.1% and 28.3%, respectively, compared to 2021. This booming hospitality sector is driving demand for industrial vacuum cleaners.
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Industrial Vacuum Cleaner Market Competitive Landscape
Robert Bosch GmbH, Milwaukee Tool Corporation, Makita Corporation, Husqvarna Group, Alfred Kärcher GmbH & Co. KG, Nilfisk Group, Schenck Process Holding GmbH, Tennant Company, Hako GmbH, Oreck Holdings LLC, Goodway Technologies Corp., Dynabrade Inc., EXAIR Corporation, Comac S.p.A., Dynavac Technologies Pvt. Ltd., Polivac International Pty Ltd, Numatic International Ltd, Tiger-Vac International Inc., Sibilia S.r.l., American Vacuum Company (AMVAC), Delfin Industrial Vacuums S.r.l., Pullman Ermator Inc., Astol Cleantech Pvt. Ltd., Camfil APC Inc., HafcoVac, IPC Eagle Corp., Debus GmbH
Key Industrial Vacuum Cleaner Market Trend
Companies in the industrial vacuum cleaner market are integrating advanced filtration systems to enhance dust and particle removal efficiency. In April 2024, Nilfisk, a US-based cleaning equipment company, launched the VP300 R vacuum, the first Nilfisk product made from 30% post-consumer recycled plastic. This vacuum features a certified HEPA filter, effectively removing airborne particles while maintaining a lightweight design for easy maneuverability, making it ideal for daytime cleaning.
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Industrial Vacuum Cleaner Market Segmentation
The industrial vacuum cleaner market covered in this report is segmented –
1) By Product : Backpack, Canister, Upright Source
2) By System Type: Stationary, Portable
3) By Mode Of Operations: Pneumatic, Electric
4) By Application: Explosion-Proof, Heavy-Duty, Medium-Duty
5) By End Use: Automotive, Pharmaceuticals, Construction, Metalworking, Food And Beverage, Other End Users
By Geography:The regions covered in the industrial vacuum cleaner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the industrial vacuum cleaner market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Industrial Vacuum Cleaner Global Market Report 2024 furnishes information about the global industrial vacuum cleaner market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
