Global Floor Care Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Floor Care Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Floor Care Equipment is the equipment used for caring of floor, such as Floor Burnisher, Floor Dryer, Scrubber, etc.

Market Overview:

The latest research study on the global Floor Care Equipment market finds that the global Floor Care Equipment market reached a value of USD 77080.8 million in 2022. It’s expected that the market will achieve USD 120560.0 million by 2028, exhibiting a CAGR of 7.74% during the forecast period.

Urbanization development on a global scale

Urbanization has been the main driver of global change. In recent years, more and more people have moved to cities to meet the growing population in the future. In order to maximize land use, urbanization has spawned more high-rise and super-tall buildings. Under this vertical development trend, urban population density has increased, and the issue of building cleanliness has received more attention. Moreover, the increase in construction cleaning area and cleaning requirements has led to an expansion of the market for mechanical cleaning and the purchase of floor cleaning equipment.

Rising labor costs

As the population ages, labor costs continue to rise. As a labor-intensive industry, the cleaning industry not only needs to bear high labor costs and management costs if it adopts traditional cleaning methods, which makes it difficult for enterprises to survive. Moreover, labor efficiency and clean quality are also difficult to guarantee. In the context of rising labor costs, the use of cleaning machines instead of labor has gradually become a trend.

Product innovation and update

With the development of technology, manufacturers should deepen their research on products, and floor care equipment should be updated. Committed to reducing product noise, increasing product usability and operability, and improving product efficiency. This helps the product to take the lead in the market and gain a larger market share. And with the development of global intelligence, the intelligence of floor care equipment may bring more opportunities to the product market.

Provide a variety of product support services

To provide customers with more product-related services, such as product rental services, product after-sales service, may attract more customers. In general, the life cycle of floor care equipment is relatively long. Some problems may occur during the use of the product, and good and timely repair services will retain more customers. For customers who want to use floor care products for a short time, leasing may be a more cost-effective option than buying.

Region Overview:

In global comparison, a significant portion of the revenue was generated in USA (38.92% in 2022).

Company Overview:

Alfred Kärcher is one of the major players operating in the Floor Care Equipment market, holding a share of 2.73% in 2023.

Alfred Kärcher

Kärcher is the family's global leader in clean technology. Production of high-quality pressure washers, steam cleaners, window cleaners and other products.

Tennant Company

Tennant is a recognized leader in the cleaning industry. Tennant produces cleaners for industrial and commercial use.

Segmentation Overview:

Among different product types, Vacuum Cleaners segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Commercial Floor Care, with a market share of 51.24% in 2022.

Key Companies in the global Floor Care Equipment market covered in Chapter 3:

Koblenz
Viking Equipment
Tennant Company
Alfred Kärcher
NaceCare Solutions
Hako Group
Nilfisk
Tornado Industries
Qleeno
Oreck
Boss Cleaning Equipment
Powr-Flite
Shop-Vac Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the Floor Care Equipment market from 2018 to 2029 is primarily split into:

Floor Burnisher
Floor Dryer
Scrubber
Sweeper
Vacuum Cleaners
Carpet Care Equipment

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Floor Care Equipment market from 2018 to 2029 covers:

Residential Floor Care
Commercial Floor Care
Industrial Floor Care

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)