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Household Vacuum Cleaners Market to exceed $17.5bn by 2024

Request Sample of Report @ http://bit.ly/2d3ECd3<br>Growing hygiene and health concerns coupled with automated and quick cleaning solutions have also driven the industry. Improved standards of living and rising urban population in developing countries will support the household vacuum cleaners market growth.<br>

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Household Vacuum Cleaners Market to exceed $17.5bn by 2024

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  1. Vacuum Cleaners Market share to grow at 4.5% CAGR from 2016 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Household Vacuum Cleaners Market : • Increasing infrastructural and development activities in Mexico will present opportunistic landscape for the household vacuum cleaners market share, with gains at over 5% till 2024. Improving living standards in China, India, and Mexico have led to increased investments which further supports household vacuum cleaners market growth. Moreover, presence of major industry participants in these regions will enhance aftersales service capabilities. • Key participants in the industry include TTI, iRobot, Dyson, Bissel, and Electrolux. Other major participants include LG, Haier, Miele, etc. The household vacuum cleaners market is characterized with innovative product development and mergers & acquisitions.

  3. Continued... • Intense competitive scenario will compel players to invest heavily in R&D to gain competitive edge. Industry participants are focusing to reduce overall cost as price remains a key influencing factor in the buying decision. • Growing means of retailing channels, which include mail, telephone, catalogs, brick and mortar stores, websites, and social networking have led to increased consumer accesses to these products. Partnership establishments between manufacturers and these distribution channels will help the household vacuum cleaners market to gain high penetration over the forecast timeframe.

  4. Germany Household Vacuum Cleaners Market, By Product, 2013-2024, (USD Million)

  5. Browse Full Market Research Report On Household Vacuum Cleaners Market@ https://goo.gl/QbsOcm Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/709

  6. 360° Analysis • Application Trends • Vacuum cleaners are one of the handiest tools for cleaning homes. They offer an effective way for cleaning floors and reduce the risk of allergies by purifying the air quality. It utilizes an air pump for creating vacuum and extracting dust and dirt from upholsteries, draperies, and floors. It contains a dust bag or cycle, which has the capacity to store a significant amount of dust for disposal purpose. • Regional Trends • U.S. household vacuum cleaners market share will grow at over 4% CAGR. The popularity of bag-less and multi-surface products will support the industry demand. Increasing disposable income, rising health awareness, and improved standards of living will support the APAC industry demand. Rising consumer preference switch from conventional cleaning processes to automated cleaning solutions will also support the household vacuum cleaners market size. • Competitive Market Share • The household vacuum cleaners market is characterised by a few established players acquiring major industry share. Offering differentiated products is the prime strategy followed by companies. Dyson, Hoover (TTI), Bissell, Oreck, LG, Electrolux, Haier, and Miele are some of the industry participants.

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