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India Vacuum Cleaner Market Outlook to 2020 - Driven by Increased Investment in Real Estate Sector by Ankur Gupta





Article Author Biography
India Vacuum Cleaner Market Outlook to 2020 - Driven by Increased Investment in Real Estate Sector by
Article Posted: 09/24/2015
Article Views: 274
Articles Written: 1063
Word Count: 558
Article Votes: 0
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India Vacuum Cleaner Market Outlook to 2020 - Driven by Increased Investment in Real Estate Sector


 
Home Improvement,Business,Real Estate
“Future Growth of India Vacuum Cleaner Market is expected to be led by the growth in demand from the non-residential segment and the demand for high pressure vacuum cleaners” “India Vacuum Cleaner Market has been dominated by the handheld and canister vacuum cleaners, with a major proportion of demand being originated through the residential sector.”

Latest publication on “India Vacuum Cleaner Market Outlook to 2020” by Ken Research 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. The Vacuum Cleaners market in India has witnessed a growth in recent years on account of rising female working population, booming real estate sector and entry of foreign players in India. The boost in growth has majorly driven by rise in demand for handheld vacuum cleaners, canister and dry vacuum cleaner models in the residential vacuum cleaner market in India. The growth in this segment has been largely led by factors such as surging demand for aesthetically pleasing and hi-tech products, growing preference for mechanized cleaning, and efforts by the government to promote cleanliness and eco-friendly products in India. 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. However, the non-residential sector is characterized by a large number of significant players with Roots Multi-Clean as the leader among them. The India Vacuum Cleaner Market revenues have grown remarkably at a CAGR of 6.1% from 2010- 2015. According to the research report, the India Vacuum Cleaner Market will grow at a considerable CAGR rate thus reaching INR 6.6 billion by 2020 due to the booming tourism and hospitality industry in India. “Rising disposable income, expanding urban population and changing consumer preferences will result in increased spending on Vacuum Cleaners in India. While, 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”, according to the Research Analyst, Ken Research. 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 Source : www.kenresearch.com

Related Articles - India Vacuum Cleaner Market, India Vacuum Cleaner Market Supply Chain Analysis, India Vacuum Cleaner Market Size, India Vacuum Cleaner Market Exter,

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