Global Industrial Floor Scrubber Market 2017-2021

Published: Jan 2017 Pages: 65 SKU: IRTNTR11527

Industrial floor scrubber market forecast 

According to the industrial floor scrubber industry analysis, the industrial floor scrubber market will grow steadily at a CAGR of above 3% by 2021. One of the primary drivers for this market is the exponential rise in the hospitality and janitorial industry. The increase in tourism in the last few years has increased the demand for hotel rooms worldwide. Hotels and restaurants are among the major customers of floor scrubbers, which has significantly boosted the revenue for the industrial floor scrubber market.

Also, a direct correlation between the number of hotel rooms and the demand for floor cleaning services has been observed. Many hotel chains in India are expected to construct new hotels in the country. For instance, Hyatt opened the following ten hotels globally in the second half of 2016, under the brands of Hyatt House and Hyatt Place. Moreover, the janitorial segment will aid in increasing the industrial floor market growth during the forecast period.  

Commercial floor scrubbers market trends

Green and sustainable cleaning methodologies are among the key trends prevailing in the global industrial floor scrubber market and are expected to grow at the same rate. They reduce the carbon footprint of the equipment by optimizing product manufacturing processes, using natural and renewable resources, utilizing recyclable material and large containers for packaging to curb usage of plastics, and reducing fuel consumption for transportation. Adopting green and sustainable cleaning methodologies will help achieve greater operational efficiency. Various participants in the value chain in the industrial cleaning market could leverage such practices to improve overall health, reduce costs, and extend the longevity of buildings.

Commercial floor scrubbers market: Competitive landscape and key vendors

The industrial floor scrubber market is highly fragmented with the presence of many well-diversified players, and the competition among these players is intense. In several developing and underdeveloped countries, local or regional vendors dominate the market. However, as the global players increase their footprint in the market with their strong infrastructure and R&D support, regional vendors find it increasingly difficult to compete in terms of reliability, technology, and price. This has compelled the vendors to focus on developing new technologies and stay abreast of the emerging technologies that could affect the continuing competitiveness of their product lines in the market.  

Leading vendors in the commercial floor scrubbers market  

  • Hako
  • Nilfisk
  • Tennant
  • Tornado

Industrial floor scrubber market segmentation by product 

  • Ride-on scrubber
  • Walk-behind scrubber

During 2016, the walk-behind scrubbers dominated the industrial floor scrubber market and accounted for a major part of the overall market share. Walk-behind scrubbers are self-propelled appliances with higher productivity than other appliances because of advanced product technology. The product reduces the total cleaning cost, which is the key reason for the dominance in this market segment. The market for walk-behind scrubbers is expected to grow at an exponential rate during the next few years.

Industrial floor scrubber market based on geographical segmentation

  • APAC
  • Europe
  • North America
  • ROW

In this market study, analysts have estimated North America to dominate the industrial floor scrubber market during the forecast period. The industrial floor scrubber market in North America is characterized by consolidation and inorganic growth, with key vendors acquiring prominent local players to expand their market presence. The US is the largest market for industrial floor scrubbers in the region. Industrial floor cleaners have been standard in most of the commercial as well as residence sectors in the US. 

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global industrial floor scrubber market?
  • What are the key market trends impacting the growth of the global industrial floor scrubber market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global industrial floor scrubber market?
  • What are the market opportunities and threats faced by the vendors in the global industrial floor scrubber market?
  • Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
  • What are the key outcomes of the five forces analysis of the global industrial floor scrubber market?

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Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

  • Market overview
  • Vendor segmentation
  • Common currency conversion rates
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Global industrial floor scrubber market
  • Global industrial vacuum cleaner market
  • Global industrial floor sweeper market
  • Industrial power washer/pressure cleaner market
  • Global market for other industrial floor cleaners

PART 07: Geographical segmentation

  • Global industrial floor cleaner market by geography
  • Industrial floor cleaner market in North America
  • Industrial floor cleaner market in Europe
  • Industrial floor cleaner market in APAC
  • Industrial floor cleaner market in ROW

PART 08: Market drivers

  • Growth of the janitorial industry
  • Technological advances
  • Rising travel and tourism
  • Growing construction in non-residential sector

PART 09: Impact of drivers

PART 10: Market challenges

  • Low industrialization in developing and underdeveloped nations
  • Availability of cheap labor

PART 11: Impact of drivers and challenges

PART 12: Market trends

  • Growing demand for floor scrubbers
  • Upward trend in US chemical industry
  • Rising investment in R&D

PART 13: Vendor landscape

  • Competitive scenario

PART 14: Key vendor analysis

  • Hako
  • Nilfisk
  • Tennant
  • Tornado
  • Other prominent vendors

PART 15: Appendix

  • List of abbreviations

PART 16: Explore Technavio

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

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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