Electric Mop Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Mop Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Mop Trends and Forecast

The future of the global electric mop market looks promising with opportunities in the residential and commercial markets. The global electric mop market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 14.6% from 2024 to 2030. The major drivers for this market are growing concerns about hygiene and cleaning, rising demand for remote-controlled electric mops, and increasing demand for janitorial services.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electric Mop by Segment

The study includes a forecast for the global electric mop by type, connectivity, sales channel, application, and region.

Electric Mop Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Steam
• Spray

Electric Mop Market by Connectivity [Shipment Analysis by Value from 2018 to 2030]:

• Wireless
• Wired

Electric Mop Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:

• Offline
• Online

Electric Mop Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Others

Electric Mop Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Mop Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric mop companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric mop companies profiled in this report include-

• Black & Decker
• Bissel
• KARCHER
• Nilfisk
• Tennant
• HAAN
• Kingbest Electric
• Tornado
• Haier
• Shinil

Electric Mop Market Insights

Lucintel forecasts that spray will remain the larger segment over the forecast period due to its widespread use by consumers to thoroughly sanitize the floor using with connected detergent slots.

Within this market, commercial will remain the larger segment due to increasing usage of electric mops for routine floor cleaning in public areas such as hotels, airports, and hospitals.

North America will remain the largest region over the forecast period due to rising need for services related to commercial cleaning and presence of key players in the region.

Features of the Global Electric Mop Market

Market Size Estimates: Electric mop market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric mop market size by various segments, such as by type, connectivity, sales channel, application, and region in terms of value ($B).

Regional Analysis: Electric mop market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, connectivities, sales channels, applications, and regions for the electric mop market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric mop market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the electric mop market size?

Answer: The global electric mop market is expected to reach an estimated $8.9 billion by 2030.

Q2. What is the growth forecast for electric mop market?

Answer: The global electric mop market is expected to grow with a CAGR of 14.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the electric mop market?

Answer: The major drivers for this market are growing concerns about hygiene and cleaning, rising demand for remote-controlled electric mops, and increasing demand for janitorial services.

Q4. What are the major segments for electric mop market?

Answer: The future of the electric mop market looks promising with opportunities in the residential and commercial markets.

Q5. Who are the key electric mop market companies?

Answer: Some of the key electric mop companies are as follows:

• Black & Decker
• Bissel
• KARCHER
• Nilfisk
• Tennant
• HAAN
• Kingbest Electric
• Tornado
• Haier
• Shinil

Q6. Which electric mop market segment will be the largest in future?

Answer: Lucintel forecasts that spray will remain the larger segment over the forecast period due to its widespread use by consumers to thoroughly sanitize the floor using with connected detergent slots.

Q7. In electric mop market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising need for services related to commercial cleaning and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electric mop market by type (steam and spray), connectivity (wireless and wired), sales channel (offline and online), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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