Floor Cleaning Machines Market By Product Type (Scrubber, Vacuum Cleaner, Sweeper, Others), By Method (Scrubbing, Spray Cleaning, Mopping, Burnishing, Others), By Application (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global floor cleaning machines market was valued at $5,335.6 million in 2021, and is projected to reach $8,486.4 million by 2031, registering a CAGR of 4.7% from 2022 to 2031. Floor cleaning machines are made to scrub, suction, and other cleaning techniques to thoroughly clean floors, carpets, and rugs. Potential consumers for the global market for floor cleaning equipment include homes and businesses. Floor cleaning machines have a wide range of applications in a variety of industries, including foods & beverages, healthcare, chemicals, commercial buildings, household, and others. With ongoing technological advancements, semi-automatic and automatic floor cleaning machines have gained more and more traction over manual floor cleaning machines. The market offers a variety of machines, each of which is tailored to a certain kind of floor cleaning.
Most of the demand for floor cleaning machines is generated by the foods & beverages industry, homes, and commercial structures such as restaurants and amusement complexes. The requirement to keep floors clean is expanding as the healthcare sector expands to prevent illnesses. This is anticipated to increase demand for the market for floor cleaning machines globally. Furthermore, throughout the forecast period, the global market for floor cleaning machines is anticipated to benefit from strict government requirements that force all companies to maintain the highest level of cleanliness.
Toxic chemicals utilized in the formulation of cleaning products and high cost of automatic and semi-automatic floor cleaning machines, however, are anticipated to hinder the market expansion. Increase in number of small-scale industries in emerging economies, as well as government initiatives to promote them, such the Pradhan Mantri Mudra Yojna and the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). Floor cleaning machines are frequently utilized in manufacturing factories, hence it is anticipated that an increase in manufacturing companies would create possibilities for the floor cleaning machine market to expand.
The global floor cleaning machines market is segmented on the basis of product type, method, application, and region. By product type, the market is divided into scrubber, vacuum cleaner, sweeper, and others. By method, it is divided into scrubbing, spray cleaning, mopping, burnishing, and others. On the basis of application, it is divided into residential, commercial, and industrial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.
Competition analysis
The major players profiled in the floor cleaning machines market include Alfred Karcher GMBH & CO. KG, Bortek Industries, Inc., Comac S.P.A, Denis Rawlins, Eureka S.P.A. Unipersonale, Hako GMBH, Nilfisk, Tennant Company, Tornado Industries and Wiese USA.
Major companies in the market have adopted product launch, business expansion and acquisition as their key developmental strategies to offer better products and services to customers in the floor cleaning machines market.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the floor cleaning machines market analysis from 2021 to 2031 to identify the prevailing floor cleaning machines market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the floor cleaning machines market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global floor cleaning machines market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Scrubber
Vacuum Cleaner
Sweeper
Others
By Method
Scrubbing
Spray Cleaning
Mopping
Burnishing
Others
By Application
Commercial
Industrial
Residential
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Nilfisk Group
Alfred Kärcher GmbH & Co. KG.
Tennant Company
Hako Group
EUREKA
International Cleaning Equipment
Comac SpA
Fimap S.p.A.
Minuteman Intl
Denis Rawlins
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