The global floor cleaning equipment market size is anticipated to reach USD 9.56 billion by 2025 registering a CAGR of 8.5% from 2019 to 2025, according to a new report by Grand View Research, Inc. Rising usage of different flooring materials, such as wood and ceramic, is expected to boost the demand for effective floor cleaning machines, thereby propelling the market growth. In addition, increasing awareness about airborne diseases caused due to dust and dirt is contributing to the product demand. Rapidly expanding hospitality sector and construction market are also fuelling the demand for different types of floor cleaners, such as scrubbers, polishers, vacuum cleaners, and electronic sweepers.
Product innovations in the market
will boost the growth further. For instance, in 2015, Tennant Co. introduced
new T300 Walk-Behind Scrubber, which includes multiple configurations in
performing the task of hard surface floor cleaning in hospitals. Moreover,
introduction of ride-on models of floor cleaners have significantly augmented
the demand as they are highly convenient and less time-consuming. Floor
scrubber product segment led the global market. This equipment have a wide
scope of application in commercial buildings for effective cleaning.
The residential application
segment is projected to register the fastest CAGR over the forecast years.
North America was the dominant regional market in 2018 and accounted for more
than 44% of the global share. Growing corporate sector due to availability of
large commercial spaces in developed countries of the regions is expected to be
the key growth-driving factor for the market. Moreover, increasing usage of
carpet as a floor covering has widened the scope of application for vacuum
cleaners, thereby supporting market development.
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https://www.grandviewresearch.com/industry-analysis/floor-cleaning-equipment-market
Further key
findings from the study suggest:
- Vacuum cleaner segment is
expected to witness the fastest CAGR of 8.9% from 2019 to 2025. However,
floor scrubber is likely to be the largest segment in future
- Commercial application was
the largest segment in 2018 and is expected to retain its dominant
position during the forecast years
- Asia Pacific is said to be
the fastest-growing regional market registering a CAGR of 9.8% from 2019
to 2025
- Key companies in the floor
cleaning equipment market are Nilfisk Group; Alfred Kärcher GmbH & Co.
KG; Tennant Company; Hako Group; EUREKA S.p.A.; International Cleaning
Equipment; Comac SpA; Minuteman International, Inc.; and Denis Rawlins
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https://www.grandviewresearch.com/industry-analysis/floor-cleaning-equipment-market/request/rs1
Grand View Research has segmented
the global floor cleaning equipment market on the basis of product,
application, and region:
Floor Cleaning
Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)
- Scrubber
- Vacuum Cleaner
- Sweeper
- Others
Floor Cleaning
Equipment Application Outlook (Revenue, USD Million, 2015 - 2025)
- Residential
- Commercial
Floor Cleaning
Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- France
- Asia Pacific
- China
- Japan
- Central & South America
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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