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Surging Demand for High Pressure Vacuum Cleaners from Hospitality and Industrial Sector to Drive th by Ankur Gupta





Article Author Biography
Surging Demand for High Pressure Vacuum Cleaners from Hospitality and Industrial Sector to Drive th by
Article Posted: 09/25/2015
Article Views: 217
Articles Written: 1063
Word Count: 511
Article Votes: 0
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Surging Demand for High Pressure Vacuum Cleaners from Hospitality and Industrial Sector to Drive th


 
Consumer
The India Vacuum Cleaner Market revenues have grown remarkably at a CAGR of 6.1% from 2010- 2015. The market has witnessed an emergence of global manufacturers such as Shine Peak Diamond Tools Co. Limited and Aegis International Systems Co. Limited. The surfacing of global players into the market has provided buoyancy to the value chain of the vacuum cleaner industry in India. The value chain analysis of vacuum cleaner industry represents the intermediate layers between domestic and international manufacturers, distributors, dealers and customers. The vacuum cleaner Industry in India has been countered by 2-3 major organized domestic players namely Eureka Forbes, Inalsa and Nova while there are about 26 International players. These players operate under residential as well as non residential sector. There are more than 200 unorganized domestic vacuum cleaner manufacturers which have limited presence in the market.

The demand from residential sector has dominated the overall market with the reduction in size of urban households, cost effective cleaning method instead of manual cleaning with the help of housemaids. The residential Vacuum Cleaners market in India is dominated by Eureka Forbes which possesses a large product portfolio of vacuum cleaners catering to the domestic demand. While, the non-residential sector is characterized by a large number of significant players with Roots Multi-Clean as the leader among them.

According to the research report, Imports of vacuum cleaners from China rose at a growth rate of 38% in 2015. Low advertising efforts by the companies and cheap imports from China are among the major challenges which will affect the growth of this industry in the future The market research report on “India Vacuum Cleaner Market Outlook to 2020” provides a comprehensive analysis of the residential and non-residential vacuum cleaners in India. The report covers various aspects such as market size of India Vacuum Cleaner Market, segmentation on the basis of sector, type, purpose, distribution channels and region. The report is useful for Vacuum Cleaners manufacturers, wholesalers of Vacuum Cleaners, retail chains and new players venturing into the market. Key Topics Covered in the Report: Vacuum Cleaners - Market Size by Revenue, Sales Volume - Value Chain Analysis - Market Segmentation by o Sector o Type o Purpose o Distribution Channels o Regional Demand - Growth Drivers - Issues and Challenges - Trends and Developments - SWOT Analysis - Governmental Policies and Regulations - Brand Analysis - Competition and Market Share - Future Outlook - Macro Economic Parameters

Key Products Mentioned in the Report Handheld Vacuum Cleaners Canister Vacuum Cleaners High Pressure Vacuum Cleaners Robotic Vacuum Cleaners Dry Vacuum Cleaners Wet & Dry Vacuum Cleaners

Companies Covered in the Report Eureka Forbes LG Philips Samsung Bosch Roots Multi- Clean Black & Decker Karcher Diversey Nilfisk IPC India Charnock Dulevo Inventa Cleantec Jags Impex Aman Cleaning Equipment

Related Reports: India Kitchenware Products Market Outlook to 2020 - Growing Online Distribution Channels and Demand from Nuclear Families to Foster Growth India Led Television Market Outlook to 2018 - Rising Price Competition with New Players Entry Singapore Luxury Goods Market Outlook to 2017 - Rising HNWI Population to Propel the Growth

Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249

Related Articles - India Vacuum Cleaner Market, India Residential Vacuum Cleaner Market,

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