Steam Vacuum Cleaner Market Revenue Growth and Quantitative Analysis Till 2030

1. Market Research Report EXCLUSIVE EDITION Steam Vacuum Cleaner Market Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Steam Vacuum Cleaner Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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5. Steam Vacuum Cleaner Market Revenue Growth and Quantitative Analysis Till 2030 Steam Vacuum Cleaner Market by Type (Portable Steam Vacuum Cleaner, Hand Hold Steam Vacuum Cleaner), by Application (Residential, Commercial, Contract Cleaning, Others), by Power Source, by Distribution Channel, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global steam vacuum cleaners market size was valued at USD 2,771.6 million in 2022, which is expected to reach USD 3,173.5 million by 2030, growing at a CAGR of 8.9% from 2022 to 2030. Factors such as improving hygiene standards in the commercial landscape, increasing demand from the hospitality industry, growing awareness to decrease the usage of hazardous chemicals and their presence in runoff water, and growing adoption of energy-efficient and sustainable practices are driving the market’s growth. Furthermore, the provision of ecologically sustainable services is one of the developing trends. Green cleaning is primarily concerned with using less harmful products for human health and the environment. Equipment manufacturers continually upgrade technology to satisfy industrial standards, creating several opportunities for market players. End-users in industrialized countries and a few emerging economies are focusing on adopting sustainable technologies for their homes and businesses, which is expected to increase the adoption of steam vacuum cleaners. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Global Steam Vacuum Cleaner Market Definition A steam vacuum cleaner (DMR) is a type of vacuum cleaner that uses steam for cleaning. These are designed to work on any floor, carpets, rugs, curtains, and upholstery. This appliance uses water to clean, so it is free of any harmful cleaning chemicals and detergents, making it eco-friendly. Owing to the fact it uses heat, it is also very effective at eliminating sewage, cleaning pet areas, and killing germs. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/steam- vacuum-cleaner-market Global Steam Vacuum Cleaner Market Dynamics Drivers: Increasing rental/lease services of steam cleaner equipment As more vendors offer equipment for rent and lease, rental services are becoming more and more popular. Due to its affordability and convenience, the new market trend of variable-term rentals has gained substantial popularity as an alternative to owning equipment. As a result, the expansion of rental services is expected to continue. Regulations, high ownership costs, and financial restraints are driving the expansion of the equipment rental services sector. Opportunity: Increasing R&D by key market players to grab market share With the launch of several new and creative products, research and development initiatives have helped the steam cleaners market flourish. To increase the effectiveness of their products, global manufacturers are developing new items and refining the existing models. During the forecast period, the steam cleaners market is anticipated to be driven by the release of new, cutting-edge steam cleaners with increased battery life, additional room memory, and higher efficiency. The two main factors that are most likely to increase the number of development possibilities in the market for steam cleaners are technological advancement and shifting customer preferences. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. COVID-19 Impact on the Global Steam Vacuum Cleaner Market Due to the long-term closure of manufacturing factories, shopping malls, restaurants, and other commercial areas amid the COVID-19 pandemic, the industrial and commercial business sectors were impacted. As a result, income in the industrial and commercial sectors fell in 2020. On the other hand, the hospital segment had seen promising growth in the commercial sector, owing to a labor scarcity in hospitals and the need to maintain hygiene. Furthermore, the growing requirement to keep hospitals clean to avoid cross-contamination and infections and maintain a healthy atmosphere for medical personnel, patients, and visitors increased the vacuum cleaner demand. Also, people are getting aware of maintaining proper hygiene to prevent infection. These factors are expected to increase demand for steam vacuum cleaners in the forecast period. Scope of the Global Steam Vacuum Cleaner Market The study categorizes the steam vacuum cleaners market based on type and application at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/steam-vacuum-cleaner- market?opt=2950 By Type (Sales, USD Million, 2017-2030) •Portable Steam Vacuum Cleaner •Hand Hold Steam Vacuum Cleaner •Others By Application (Sales, USD Million, 2017-2030) •Residential •Commercial •Contract Cleaning •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. By Power Source By Power Source(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) •Cord •Cordless By Distribution Channel By Distribution Channel(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) •Offline •Online By Region By Region(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain • Poland • Russia • The Netherlands • Norway • Czech Republic • Rest of Europe •Asia Pacific • China • Japan • India • South Korea • Indonesia • Malaysia • Thailand • Singapore • Australia & New Zealand • Rest of Asia Pacific 2030) 2030) 2030) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. •South America • Brazil • Argentina • Colombia • Rest of South America •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA Residential accounts for the highest share during the forecast period Based on the applications, the global steam vacuum cleaners market has been segmented across residential, commercial, and others. The residential segment is expected to hold the major share of the market in 2021. The necessity to accomplish a sanitary and chemical-free cleaning of floors, walls, and kitchens is the primary driver behind the use of steam cleaner equipment in residential settings. They are becoming more popular as the frequency of thorough cleaning and sanitizing carpets in homes rises. The cost of remodeling and renovations has increased due to the growth in residential buildings. The need for powerful and environmentally friendly floor cleaning equipment is driven by customers' increased awareness of health and hygiene. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/steam-vacuum-cleaner-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. Online expected to witness the highest CAGR during the forecast period Based on the distribution channel, the global steam vacuum cleaners market has been segmented into online and offline. Online sales contributed around 20% share in 2021, driven by the rising demand for a multi-channel approach and support from retailers, dealers, and customers. The majority of steam vacuum cleaners are offered through dealer websites and online shops; however, by integrating e-commerce solutions and business resource planning systems, many offline distributors are shifting the sales process online. Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global steam vacuum cleaners market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR in the global steam vacuum cleaners market during the forecast period. The region includes the countries such as China, India, Japan, South Korea, Australia, Southeast Asia, and the Rest of Asia-Pacific. The region's growth is primarily due to the availability of low-cost products, increasing purchasing power of consumers, increasing electrification of rural areas, and wide usability of online sales channels in developing countries. Request For Report Description: https://www.marketstatsville.com/steam-vacuum- cleaner-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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