China Floor Cleaning Equipment Market Size & Outlook
- Consumer Goods
- Homecare & Decor
- Floor Cleaning Equipment Market Outlook
- Homecare & Decor
China Floor Cleaning Equipment Market, 2015-2025 (US$M)
Global Market
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China floor cleaning equipment market highlights
- The China floor cleaning equipment market generated a revenue of USD 450.7 million in 2018 and is expected to reach USD 851.6 million by 2025.
- The China market is expected to grow at a CAGR of 9.5% from 2019 to 2025.
- In terms of segment, vacuum cleaners was the largest revenue generating product in 2018.
- Floor Sweepers is the most lucrative product segment registering the fastest growth during the forecast period.
Floor cleaning equipment market data book summary
| Market revenue in 2018 | USD 450.7 million |
| Market revenue in 2025 | USD 851.6 million |
| Growth rate | 9.5% (CAGR from 2018 to 2025) |
| Largest segment | Vacuum cleaners |
| Fastest growing segment | Floor Sweepers |
| Historical data | 2015 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Floor Scrubbers, Vacuum Cleaners, Floor Sweepers, Manual Sweeper, Mops, Floor Wiper |
| Key market players worldwide | Tennant Co, Nilfisk Group, Alfred Kärcher, Hako Group, Eureka Therapeutics, International Cleaning Equipment, Comac, Minuteman International, Denis Rawlins |
Other key industry trends
- In terms of revenue, China accounted for 5.3% of the global floor cleaning equipment market in 2018.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China floor cleaning equipment market is projected to lead the regional market in terms of revenue in 2025.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 675.4 million by 2025.
China accounts for 32.2% sales of floor cleaning equipment market in Asia Pacific and is also estimated to witness the growth rate at a CAGR of 9.4% compared to other countries owing to rising construction of new households and deeper penetration of cleaning equipment as a result of improving lifestyle conditions.
According to the article published by Princeton University and the Chinese University of Hong Kong, housing sales in China led to a contribution of 16.4% to the country’s GDP. Since China is witnessing a dramatic and long-lasting boom in the real estate sector.
The market for floor cleaning equipment in residential segment is expected to witness a boom. Moreover, rising infrastructural development in the country is paving way for ample growth opportunities for floor cleaning machines and products which is making manufacturers more inclined to invest in the region.
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Floor Cleaning Equipment Market Scope
Floor Cleaning Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tennant Co | View profile | 4,457 | 10400 Clean Street, Eden Prairie, MN, United States, 55344 | www.tennantco.com |
| Nilfisk Group | View profile | 1001-5000 | Penrith, Cumbria, United Kingdom, Europe | www.doug-tolson.co.uk |
| Alfred Kärcher | View profile | 10001+ | Winnenden, Baden-Wurttemberg, Germany, Europe | www.kaercher.com |
| Hako Group | View profile | 1001-5000 | Schleswig, Schleswig-Holstein, Germany, Europe | www.labor-hako.com/ |
| Eureka Therapeutics | View profile | 11-50 | Emeryville, California, United States, North America | www.eurekatherapeutics.com |
| International Cleaning Equipment | View profile | 1-10 | Holland, Michigan, United States, North America | ice4usa.com/ |
| Comac | View profile | 251-500 | Santa Maria Di Sala, Veneto, Italy, Europe | www.comac.it |
| Minuteman International | View profile | 251-500 | Grove, Illinois, United States, North America | minutemanintl.com |
| Denis Rawlins | View profile | 11-50 | Sutton Coldfield, Birmingham, United Kingdom, Europe | www.rawlins.co.uk |
China Floor Cleaning Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Floor Cleaning Equipment Market Outlook will help companies and investors design strategic landscapes.
Vacuum Cleaners was the largest segment with a revenue share of 28.67% in 2018.
Horizon Databook has segmented the China floor cleaning equipment market based on floor scrubbers, vacuum cleaners, floor sweepers, manual sweeper, mops, floor wiper covering the revenue growth of each sub-segment from 2015 to 2025.
China accounts for 32.2% sales of floor cleaning equipment market in Asia Pacific and is also estimated to witness the growth rate at a CAGR of 9.4% compared to other countries owing to rising construction of new households and deeper penetration of cleaning equipment as a result of improving lifestyle conditions.
According to the article published by Princeton University and the Chinese University of Hong Kong, housing sales in China led to a contribution of 16.4% to the country’s GDP. Since China is witnessing a dramatic and long-lasting boom in the real estate sector.
The market for floor cleaning equipment in residential segment is expected to witness a boom. Moreover, rising infrastructural development in the country is paving way for ample growth opportunities for floor cleaning machines and products which is making manufacturers more inclined to invest in the region.
- China Floor Cleaning Equipment Market Product Outlook (Revenue, USD Million , 2015-2025)
- Floor Scrubbers
- Vacuum Cleaners
- Floor Sweepers
- Manual Sweeper
- Mops
- Floor Wiper
- Others
- China Floor Cleaning Equipment Market Application Outlook (Revenue, USD Million , 2015-2025)
- Commercial
- Residential
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Horizon Databook provides a detailed overview of country-level data and insights on the China Floor Cleaning Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Floor Cleaning Equipment Market Outlook from 2015 to 2025, including revenue numbers, major trends, and company profiles.
China Floor Cleaning Equipment Market, 2015-2025 (US$M)
China floor cleaning equipment market statistics, by product, 2015-2025 (US$M)
