Argentina Vacuum Cleaner Market Overview, 2028
The vacuum cleaner market in Argentina is a competitive and growing industry. With the rise of urbanization and a growing middle class, more and more consumers are seeking high-quality, convenient, and effective cleaning solutions for their homes. As a result, the demand for vacuum cleaners has increased in recent years. In terms of market trends, there has been a growing interest in cordless and lightweight vacuum cleaners, as well as models with advanced features such as HEPA filters and multi-surface cleaning capabilities. There is also a trend towards eco-friendly and sustainable products, with some companies offering vacuum cleaners that use environmentally friendly materials and have low energy consumption. The growth of the construction and real estate sector in Argentina is also contributing to the growth of the vacuum cleaner market, as the increasing number of new homes and buildings creates a demand for cleaning equipment. Additionally, the trend towards eco-friendly and energy-efficient products is also driving the market, with consumers looking for vacuum cleaners that use less energy and produce less noise.
According to the research report Argentina Vacuum Cleaner Market Overview, 2028, published by Bonafide Research, the market is expected to add USD 0.17 billion by 2028. With the rise in population and urbanisation, there has been an increase in demand for appliances that save time and make housecleaning easier and more comfortable. A sustainable lifestyle causes a shift in consumption patterns and an increase in household appliance expenses. As a result, for the vacuum industry to grow, there is a need for customary development and innovation, with the understanding that these innovations must adhere to efficiency and environmental-friendly provisions. Newer technology will also address battery life issues, causing demand for vacuum cleaners to rise. Vacuum cleaners are in high demand due to their cost-effectiveness, safety, efficiency, high accessibility to small areas, and automation in cleaning. The rise in disposable income and increase in the working population, combined with high purchasing power and the ease of operation of vacuum cleaners, are expected to drive demand for vacuum cleaners even further.
In Argentina, there are regulations and standards set by the National Institute of Industrial Technology (INTI) that cover the safety, efficiency, and environmental impact of vacuum cleaners. In addition, the Ministry of Health of Argentina establishes regulations and guidelines for the cleaning of commercial and public spaces, which include the use of vacuum cleaners in these spaces. The Ministry of Environment and Sustainable Development also sets standards for the disposal of electronic waste, which includes vacuum cleaners, in order to reduce its impact on the environment.
By application type, the vacuum cleaner market is segmented into residential, commercial, and industrial. The rising number of allergy and asthma cases caused by dust and dirt in residential settings, combined with the need to keep homes disease-free, are expected to drive demand for residential vacuum cleaners. Furthermore, the increasing availability of advanced products that can efficiently capture the smallest of impurities is driving the market in residential applications.
By product type, the market is segmented into canister, robotic, upright, dry, wet, central, and others. Currently, canister vacuum cleaners are dominating the market because they work well on all types of flooring. They dominate the vacuum cleaner market in Argentina. Generally, canister vacuum cleaners also offer more suction and greater airflow. During the forecasted period, demand for robotic vacuum cleaners is expected to rise. In response to COVID-19, new cleaning requirements and demands have emerged in order to free up the human workforce for other duties, particularly in hospitals. As a result of such demands, the commercial sector has been forced to adopt autonomous or robotic vacuum cleaners. Automatic charging, the smart home trend, and voice-activated commands powered by digital voice assistants like Amazon Alexa and Google Assistant are all enticing residential clients and end-users. Furthermore, advanced features like navigation technology, voice control, and remote control enable these devices to save users time and reduce the need for human assistance.
By cord type, the vacuum cleaner market is segmented into cordless vacuum cleaners and corded vacuum cleaners. Cordless vacuum cleaners, also known as stick vacuums, are free from the frustrating faff of cords. They're lightweight, easy on the back, and run on rechargeable batteries. Corded vacuums are plugged into the mains power, so they generally have stronger suction power and give better results, particularly on carpets. Currently, the market is dominated by corded vacuum cleaners, but during the forecast period, the market is expected to be dominated by cordless vacuum cleaners due to the fact that cordless vacuum cleaners work on batteries and offer better portability and convenience when compared with corded vacuum cleaners. Moreover, battery-powered or cordless vacuum cleaners tend to be safer than vacuum cleaners with cords and provide more flexibility, making them extremely agile.
The market is segmented by distribution channel into online and offline; currently, the offline segment dominates the market for vacuum cleaners in Argentina, but during the forecast period, the online segment is expected to dominate the market for vacuum cleaners in Argentina due to an increase in internet penetration, the rise of use of smart phones, and ease of booking and ease of delivery, which are some of the factors expected to drive the online distribution channel. Some of the retail stores that sell vacuum cleaners in Argentina include Jumbo, Garbarino, and Frávega, which carry a range of vacuum cleaners from different brands. Online marketplaces such as MercadoLibre and Amazon.com.ar are popular for purchasing vacuum cleaners, offering a wide selection and the convenience of home delivery.
The growing awareness of the advantages of vacuum cleaners, such as time efficiency, energy savings, and convenience, promotes the demand for vacuum cleaners. Along with this rapid urbanization, an increase in disposable income, an improved standard of living, a rise in the population of working women, and a surge in dependence on technology boost the demand for vacuum cleaners.
Vacuum cleaners are hefty, bulky machines that are usually hard to move around the home. Regardless, in the case of an upright vacuum cleaner, it is almost impossible to move up and down stairs. The vacuum cleaner was manufactured in a fairly large size, although it was not heavy. Moving and keeping the device will require a large space.
COVID 19 IMPACT
The COVID-19 outbreak has boosted the overall growth of the vacuum cleaner market. During the lockdown, people chose to replace their old appliances with smart and advanced ones. Furthermore, as the number of COVID-19 cases increased, people were compelled to stay at home, so they actively spent on household appliances to gain more comfort. As a result, COVID-19 has had a positive impact on the overall growth of the vacuum cleaner market.
Considered in this report
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• Argentina vacuum cleaner market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By application Type
• Residential
• Commercial
• Industrial
By product Type
• Canister
• Robotic
• Upright
• Dry
• Wet
• Central
• Others ( Black Pack, Pneumatic etc)
By Corde Type
• Cordless Vacuum Cleaner
• Cord Vacuum Cleaner
By Distribution Channel
• Online
• Offline
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Vacuum Cleaner market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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