The global floor cleaning equipment market is projected to touch USD 9.56 billion by 2025, as per the latest report by Million Insights. It is expected to grow with a CAGR of 8.5% over the forecast period. Increasing the use of several flooring materials like ceramic, wood and stone is projected to accelerate the need for floor cleaning equipment, resulting in driving the market. Further, rising consciousness about various airborne diseases caused by dirt and dust particles is contributing to the growth of the product. Rapidly developing the construction and hospitality segment owing to the requirement for various floor cleaning equipment like polishers, electronic sweepers, scrubbers and vacuum cleaners is also fueling the market growth.
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Market Synopsis of Floor Cleaning Equipment Market:
Leading player is focusing on
continuous product advancement to cater to the changing needs. This factor is
projected to further drive the floor cleaning equipment market. Tennant Co. in
the year 2015 announced the launch of a T300 Scrubber that facilitates multiple
arrangements in completing the task of cleaning the hard surface in hospitals.
Furthermore, the launch of models like ride-on for floor mopping has witnessed
a high demand because of their ability to reduce the forward motion of the user
resulting in decreased use of efforts and time reduction. Floor scrubber sector
dominated the market owing to wide applications of cleaning across various
industries like commercial, hospitality and many more.
Residential application is
projected to grow with a CAGR of 9.0% over the forecast period. North America
dominated the market by holding a global share of 44% in the year 2018. The
development of the corporate segment on account of the accessibility of huge
commercial areas in developed nations is projected to boost market growth.
Furthermore, the growing use of carpet for floor covering has increased the
utilization of vacuum cleaners, thereby boosting the vacuum cleaner market.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Floor Cleaning
Equipment: Market Variables, Trends & Scope
Chapter 4 Floor Cleaning
Equipment: Product Estimates & Trend Analysis
Chapter 5 Floor Cleaning
Equipment: Application Estimates & Trend Analysis
Chapter 6 Floor Cleaning
Equipment: End-use Estimates & Trend Analysis
Chapter 7 Floor Cleaning
Equipment: Industrial End-use Estimates & Trend Analysis
Chapter 8 Floor Cleaning
Equipment: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Floor Cleaning
Equipment: Manufacturers Company Profiles
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