Industrial Floor Cleaner Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44489
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The industrial floor cleaner market has the potential to grow by USD 985.70 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 5.51%.

This industrial floor cleaner market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (floor scrubber, vacuum cleaner, floor sweeper, power washer or pressure cleaner, and others) and geography (North America, APAC, Europe, South America, and MEA). The industrial floor cleaner market report also offers information on several market vendors, including Alfred Karcher SE and Co. KG, Clemas & Co. Ltd, Diversey Inc., EUREKA Spa Unipersonale, Fimap Spa, Hako GmbH, Nilfisk AS, Tennant Co., Tornado Industries Inc., and WIESE USA among others.

What will the Industrial Floor Cleaner Market Size be in 2021?

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Industrial Floor Cleaner Market: Key Drivers and Trends

The growth of the janitorial industry is notably driving the industrial floor cleaner market growth, although factors such as low industrialization in developing and underdeveloped nations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial floor cleaner industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the industrial floor cleaner market is the growth of the janitorial industry.
  • The janitorial segment is a key segment of the industrial floor cleaner market, which accounted for 28% of the overall revenue of the market.
  • The janitorial services industry will have a positive outlook over the years due to the upswing caused by the recovering economy.
  • The technological shift to machines to conduct the services and training to personnel are key drivers of the market.
  • Technological advances is another key factor supporting the industrial floor cleaner market share growth.
  • Advances in technology have created a need to incorporate technology in traditional methods to advance and standardize this industry.
  • The adoption of technology in cleaning practices will provide more effective results without chemicals.
  • Innovations in the market such as cylindrical brush technology and UV inspection black light make cleaning more efficient and effective.

This industrial floor cleaner market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Industrial Floor Cleaner Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alfred Karcher SE and Co. KG
  • Clemas & Co. Ltd
  • Diversey Inc.
  • EUREKA Spa Unipersonale
  • Fimap Spa
  • Hako GmbH
  • Nilfisk AS
  • Tennant Co.
  • Tornado Industries Inc.
  • WIESE USA

 

This statistical study of the industrial floor cleaner market encompasses successful business strategies deployed by the key vendors. The industrial floor cleaner market is fragmented and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial floor cleaner market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Industrial Floor Cleaner Market?

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39% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the industrial floor cleaner market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growth in the geriatric population and evolving lifestyles are contributing to an increase in chronic health problems, such as diabetes, which is driving the demand for healthcare facilities in the region. The healthcare industry generates almost half of the demand for industrial floor cleaners owing to the presence of several facilities that use cleaning chemicals. This will facilitate the industrial floor cleaner market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Industrial Floor Cleaner Market?

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The industrial floor cleaner market share growth by the floor scrubber segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial floor cleaner market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Industrial Floor Cleaner Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial floor cleaner market growth during the next five years
  • Precise estimation of the industrial floor cleaner market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial floor cleaner industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial floor cleaner market vendors

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Industrial Floor Cleaner Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 5.51%

Market growth 2021-2025

$ 985.70 million

Market structure

Fragmented

YoY growth (%)

8.00

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alfred Karcher SE and Co. KG, Clemas & Co. Ltd, Diversey Inc., EUREKA Spa Unipersonale, Fimap Spa, Hako GmbH, Nilfisk AS, Tennant Co., Tornado Industries Inc., and WIESE USA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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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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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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The industrial floor cleaner market growth will increase by $355.57 million during 2019-2024.
The industrial floor cleaner market is expected to grow at a CAGR of 1.91% during 2019-2024.
Technavio has segmented the industrial floor cleaner market by product (Floor scrubber, Vacuum cleaner, Floor sweeper, Power washer or pressure cleaner, and Others) and geographic (North America, APAC, Europe, South America, and MEA).
Alfred Kärcher SE & Co. KG, Clemas & Co. Ltd, Diversey Inc., EUREKA Spa Unipersonale, Fimap Spa, Hako GmbH, Nilfisk AS, Tennant Co., Tornado Industries Inc., WIESE USA are a few of the key vendors in the industrial floor cleaner market.
APAC will register the highest growth rate of 51.97% among the other regions. Therefore, the industrial floor cleaner market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the industrial floor cleaner market growth are:
  • Growth of the janitorial industry
The industrial floor cleaner market vendors should focus on grabbing business opportunities from the floor scrubber segment as it accounted for the largest market share in the base year.
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