Bagless Vacuum Cleaner Market, By Type (Cord Vacuum Cleaner and Cordless Vacuum Cleaner), By Application (Residential, Offices, Restaurants, Hotels and Resorts, Supermarkets, Hospitals, and Industrial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI413720 | Publish Date: April 2024 | No. of Pages: 168

Global Bagless Vacuum Cleaner Market Trends

Growth in disposable income and urbanization rate

An increase in an individual's disposable income is one of the main drivers of the market expansion for bagless vacuum cleaners. With more disposable income, consumers can upgrade their lifestyle and purchase upscale appliances for their homes, which increases the potential for investment and boosts sales of consumer electronics goods. Furthermore, one of the factors propelling the market for bagless vacuum cleaners is the growing urban population. Urban culture has an impact on an individual's way of life. The majority of people on the planet today reside in rural areas. Approximately 54% of the world's population lived in urban areas in 2014, according to UN data, and this percentage is expected to rise during the forecast period.

Progress in technology

Because of recent technological developments, manufacturers in the bagless vacuum cleaner market are creating more sophisticated models of their products that can perform tasks without the need for human intervention, simplifying and expediting tasks for users of these devices.

The market for bagless vacuum cleaners is expected to grow rapidly due to the predicted meteoric demand for robotic models, which has driven the market to unprecedented heights. Compared to conventional bagless vacuum cleaners, robotic vacuum cleaners have certain distinguishing features. For example, this robotic bagless vacuum cleaner is designed to perform two tasks at once: dusting and cleaning. It is a multi-floor mop robotic cleaner.