Market Forecast By Products (Canister, Robotics, Upright, Others), By Distribution Channel (Online, Offline), By End Users (Industrial, Commercial, Residential), By Regions (Central Region, Western Region, Southern Region) And Competitive Landscape.
Product Code: ETC001477 | Publication Date: Dec 2019 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 22.99% over the previous year. While Thailand registered a growth of 21.6% as compared to the previous year. In the year 2017, China was the largest exporter followed by Thailand. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Saudi Arabia has a Herfindahl index of 2217 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 4188 which signifies high concentration in the market.
Saudi Arabia Vacuum Cleaners Market has witnessed tremendous growth over the years and it is expected to continue. The demand for cleaning appliances such as vacuum cleaners has increased on account of urbanization and population growth. The advancement in technology and immense focus on sustainability has led to the emergence of various vacuum cleaners in the market. The e-commerce platforms have made it easier for customers to have an idea about a wide range of products. There is a boost in sales of the product due to the convenience factor of the online platforms. The producers are striving hard to meet the various demand of the consumers by manufacturing more elite models at affordable prices. Technological innovation along with changing preferences of the customers has given scope for the growth of the market and there are ample opportunities in the market.
The Saudi Arabia Vacuum Cleaners Market report thoroughly covers the market by products, distribution channels, end users, and regions. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia Vacuum Cleaners Market is likely to grow in the forecast period mainly due to the growing population and increased demand for cleaner homes and workplaces. Advancements in technology have played a remarkable role in driving this growth.
According to 6Wresearch, the Saudi Arabia Vacuum Cleaners Market size is projected to register growth during 2019-2025. Strengthening the commercial sector across the region on the back of the National Transformation Program (NTP) such as “Saudi Arabia Vision 2030”, has propelled the growth of the market. Further, growing government investment in strengthening tourism, education, and infrastructure sectors in the region, would positively influence the growth of the vacuum cleaners market over the next six years. Increasing government investments to promote the tourism and hospitality sector in Saudi Arabia with the ongoing construction of several projects such as the construction of mega project “Neom”, “Qiddiya entertainment city project”, “Jean Nouvel's Sharaan resort in Al-Ula”, “Jeddah Tower” would positively influence the growth of vacuum cleaner market during the forecast period. Further, increasing participation from the private sector in the provision of healthcare services would positively influence market growth. There are certain challenges in the Vacuum Cleaners Market in Saudi Arabia. The high cost of some models is one major challenge in the market. A lack of consumer awareness regarding the benefits of these appliances has hampered the growth of the market.
Saudi Arabia Vacuum Cleaners Industry was significantly impacted by the onset of the pandemic. With many people spending more time at home, there has been an increase in demand for cleaning supplies and equipment. However, this increased demand has also led to disruptions in supply chains and manufacturing processes. The shift towards online shopping was one of the significant changes in consumer behavior during the pandemic. Consumers shifted to various e-commerce platforms to purchase their household products, including vacuum cleaners due to lockdowns and social distancing measures. There were shortages of raw materials due to disruptions in global supply chains.
The Saudi Arabia Vacuum Cleaners market is likely to grow at a rapid pace. Due to the increase in household incomes and people becoming more health conscious, there will be greater demand for premium quality products that can efficiently clean various surfaces. The latest technology such as robotic vacuums is gaining popularity in the region which could further fuel the vacuum cleaners market. The demand for eco-friendly and energy-efficient models is increasing growing awareness of environmental issues.
These are the prominent players in the market who deal with the supply of vacuum cleaners in the country. These companies are contributing significantly to Saudi Arabia Vacuum Cleaners Market Growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the canister vacuum cleaner is likely to have substantial growth in the market on account of its adaptability and efficient cleaning.
The online segment is anticipated to grow and it is leading to a rise in Saudi Arabia Vacuum Cleaners Market Share as it offers a wide range of options to the customer. The offline segment is also expected to witness growth on the back of the increasing preference of consumers to test the products before making a purchase.
Based on end users, the commercial sector accounted for a leading share of market demand owing to the growing public and private sector investment in the establishment of the commercial sector, especially the hospitality segment
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Saudi Arabia Vacuum Cleaners Market Overview |
3.1 Saudi Arabia Vacuum Cleaners Market Revenues and Volume 2015-2025F |
3.2 Saudi Arabia Vacuum Cleaners Market Revenue Share, By Products, 2018 & 2025F |
3.3 Saudi Arabia Vacuum Cleaners Market Revenue Share, By Distribution Channel, 2018 & 2025F |
3.4 Saudi Arabia Vacuum Cleaners Market Revenue Share, By End User, 2018 & 2025F |
3.5 Saudi Arabia Vacuum Cleaners Market Revenue Share, By Regions, 2018 & 2025F |
3.6 Saudi Arabia Vacuum Cleaners Market - Industry Life Cycle |
3.7 Saudi Arabia Vacuum Cleaners Market - Porter’s Five Forces |
4. Saudi Arabia Vacuum Cleaners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Saudi Arabia Vacuum Cleaners Market Trends |
6. Saudi Arabia Vacuum Cleaners Market Overview, By Products |
6.1 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Canister, 2015-2025F |
6.2 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Upright, 2015-2025F |
6.3 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Robotics, 2015-2025F |
6.4 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Others, 2015-2025F |
7. Saudi Arabia Vacuum Cleaners Market Overview, By Distribution Channel |
7.1 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Online, 2015-2025F |
7.2 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Offline, 2015-2025F |
8. Saudi Arabia Vacuum Cleaners Market Overview, By End User |
8.1 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Industrial, 2015-2025F |
8.2 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Commercial, 2015-2025F |
8.3 Saudi Arabia Vacuum Cleaners Market Revenues and Volume, By Residential, 2015-2025F |
9. Saudi Arabia Vacuum Cleaners Market Overview, By Regions |
9.1 Saudi Arabia Vacuum Cleaners Market Revenues, By Central Region, 2015-2025F |
9.2 Saudi Arabia Vacuum Cleaners Market Revenues, By Eastern Region, 2015-2025F |
9.3 Saudi Arabia Vacuum Cleaners Market Revenues, By Western Region, 2015-2025F |
9.4 Saudi Arabia Vacuum Cleaners Market Revenues, By Southern Region, 2015-2025F |
10. Saudi Arabia Vacuum Cleaners Market - Key Performance Indicators |
11. Saudi Arabia Vacuum Cleaners Market - Opportunity Assessment |
11.1 Saudi Arabia Vacuum Cleaners Market Opportunity Assessment, By Products, 2025F |
11.2 Saudi Arabia Vacuum Cleaners Market Opportunity Assessment, By Distribution Channel, 2025F |
11.3 Saudi Arabia Vacuum Cleaners Market Opportunity Assessment, By End User, 2025F |
12. Saudi Arabia Vacuum Cleaners Market Competitive Landscape |
12.1 Saudi Arabia Vacuum Cleaners Market Revenue Share, By Company |
12.2 Saudi Arabia Vacuum Cleaners Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |