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The floor cleaning machines market is estimated to grow at a CAGR of 4.9% between 2022 and 2027. The size of the market is forecast to increase by USD 2,426.45 million. The growth of the market depends on several factors, including the demand for janitorial cleaning services, the rising popularity of multifamily dwellings, and the increasing construction of skyscrapers.
This report extensively covers market segmentation by application (professional cleaning equipment and consumer cleaning equipment), product (floor scrubbers, vacuum cleaners, floor sweepers, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Technavio categorizes the global floor cleaning machines market as a part of the global industrial machinery market. The parent, the global industrial machinery market, covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The demand for janitorial cleaning services is notably driving the market growth, although factors such as the availability of low-cost manual labor in developing countries may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Floor Cleaning Machines Market Driver
The demand for janitorial cleaning services is notably driving the market growth. A key reason for the growth of the global market is the demand for cleaning equipment from janitorial service providers. The janitorial segment is a key segment of the global cleaning services market and consists of vendors that offer services, such as cleaning the interiors and exteriors of buildings and transportation modes such as aircraft, cars, rail, and ships; it also includes cleaning services provided to factories, retail outlets, shopping centers and malls, and business and government establishments.
Vendors of such services are expected to be the key emerging consumers of floor cleaning products, owing to the rising demand, primarily from offices, educational institutions, and retail complexes. The general improvement in the global economy will also drive the future growth prospects of this segment.
Significant Floor Cleaning Machines Market Trend
Rising investments in R&D is the key market trend driving global floor cleaning machines market growth. The market is witnessing an increased expenditure by vendors on their R&D activities. The market is seeing many innovative applications and solutions, such as the inclusion of room memory, improved battery life, and improved efficiency of products. In addition, vendors are working to reduce the cost of maintenance and upgrades.
Rapidly changing technology and changes in consumer preferences are forcing vendors to deliver innovative and highly-efficient floor scrubbers to survive the commoditization in the market. Thus, the market is expected to witness the development of innovative floor scrubbers during the forecast period.
Major Floor Cleaning Machines Market Challenge
The availability of low-cost manual labor in developing countries is the major challenge impeding global floor cleaning machines market growth. Low-cost labor in developing countries is a major challenge for the global floor cleaning machines market. In countries such as India and China, people prefer domestic servants to gadgets such as vacuum cleaners and floor cleaning machines to clean their houses, owing to the easy availability of low-cost labor. In addition, the availability of domestic servants enables the customization of the cleaning process. Therefore, the demand for floor cleaning equipment remains low in these countries.
Moreover, child labor in these developing countries is high. Children around the world are routinely engaged in paid and unpaid forms of work. APAC and Sub-Saharan Africa continue to be the regions with the highest population of child labor. Such factors are expected to hinder the growth of the global floor cleaning machines market during the forecast period.
Key Floor Cleaning Machines Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Floor Cleaning Machines Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
kaercher.com - The company offers floor cleaning machines such as steam vacuum cleaners. Also, through this segment, the company offers high-pressure cleaners, and floor care equipment for homes and gardens. The products include pressure washers, patio cleaners, mobile cleaning, multi-functional vacuum cleaners, garden tools, and others.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the professional cleaning equipment segment will be significant during the forecast period. This segment incorporates the demand for professional floor cleaning machines from building service contractors and from commercial establishments, such as hotels, retail, business offices, gymnasiums, restaurants, and entertainment centers. It also includes public buildings, such as government offices, hospitals, schools, and transportation centers.
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The professional cleaning equipment segment was valued at USD 4,792.22 million in 2017 and continue to grow by 2021. Professional floor cleaning equipment includes high-pressure cleaners, vacuum cleaners, carpet and upholstery cleaners, steam cleaners and steam vacuum cleaners, scrubber driers, sweepers and vacuum sweepers, floor scrubbers and scrubber dryers, rider scrubbers, rider sweepers, walk-behind scrubbers, walk-behind sweepers. The non-residential segment is expected to be driven by the demand from the downstream non-residential construction sector, particularly the office, healthcare, and hotel segments. Such factors will increase segment during the forecast period.
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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth of the floor cleaning machines market depends on the construction of residential and non-residential buildings in the region. Mexico's manufacturing output has been increasing, driven by the automotive sector and its ancillary industries, which should boost the country's non-residential infrastructure development. Also, a supportive Canadian government initiative called 'Investing in Canada Plan' in which the government aims to invest a total of $139 billion in key infrastructure sectors through 2028. Moreover, investments in residential construction are driving the growth of the floor cleaning machines market in the region. Strong growth in the residential construction segment can be seen with the increasing number of new housing starts in the US, which will increase the demand for floor cleaning equipment in the region during the forecast period.
The floor cleaning machines market in the region faced huge challenges due to the outbreak of COVID-19 in the US, Canada, and Mexico in 2020 and 2021. Furthermore, in 2021, the decline in COVID-19 cases across North America and the roll-out of vaccines helped increase businesses in the commercial sector, which helped the regional market to attain a V-shaped recovery. The North American plants still face supply chain and labor challenges which negatively impacted production in 2021. For instance, Techtronic Industries Co. Ltd. faced a bottleneck in the supply chain in 2021. In H1 2022, the demand for floor cleaning machines increased, which is expected to drive the growth of the global floor cleaning machines market during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Application (Professional cleaning equipment and Consumer cleaning equipment), Product (Floor scrubbers, Vacuum cleaners, Floor sweepers, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
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Floor Cleaning Machines Market Scope |
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Report Coverage |
Details |
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Page number |
173 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.9% |
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Market growth 2023-2027 |
USD 2,426.45 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
4.4 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 43% |
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Key countries |
US, Canada, China, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
lfred Karcher SE and Co KG, Aman Cleaning Equipments Pvt Ltd, Astol Cleantech Pvt. Ltd., Bortek Industries Inc., Clemas and Co. Ltd, EUREKA Spa Unipersonale, Fimap Spa, Hako GmbH, ICE Cobotics, Makita Corp., Nilfisk AS, NSS Enterprises Inc, Numatic International Ltd., Roots Multiclean Ltd., SANTONI ELECTRIC CO. Pvt. Ltd., SGT Multiclean Equipments, Techtronic Industries Co. Ltd., Tennant Co, Tornado Industries Inc., and WIESE USA |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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