Cleaning Appliances Market to Cross US$ 11,400 Mn by 2026

Global Market Study
on Cleaning
Appliances: North
America Anticipated to be the Most Lucrative Regional Market
During 2017-2026
Cleaning appliances are used in various settings in different end-use industries
like manufacturing sector, F&B sector, retail and other commercial facilities.
The increasing spending power of the consumers, a rising trend of digitization,
increasing concern towards sustainability and a rapidly rising middle class all
over the world are some of the factors that are driving the growth of the
cleaning appliances market globally. Cleaning appliances make life easy for the
workforce as they increase the productivity, reduce the fatigue and also
contribute towards saving time. Such type of cleaning appliances are available
on a wide scale and are generally easy to operate.
Persistence Market Research presents a detailed forecast of the global cleaning
appliances market in a new report titled ‘Cleaning Appliances Market: Global
Industry Analysis 2012-2016 and Forecast 2017-2026’. This report provides a
historical analysis of the global cleaning appliances market for a time period of
four years from 2012-2016 and a forecast for this market for a time period of
nine years starting from the year 2017 and ending at the year 2026. Besides the
quantitative insights in the form of projected market numbers, this report also
gives qualitative insights in the form of detailed market dynamics such as
drivers, restraints, opportunities and trends in the market.
As per the projections presented by Persistence Market Research, the global
cleaning appliances market was estimated to be valued at nearly US$ 3,900 Mn
at the end of the year 2017 and is anticipated to reach a value of nearly US$
11,400 Mn at the end of the year 2026, and in the process exhibit a CAGR of
12.7% during the period of assessment.
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https://www.persistencemarketresearch.com/market-research/cleaningappliances-market.asp
Indirect Sub-segment Dominant Distribution Channel in Terms of Value
The indirect sub-segment in the distribution channel category of the global
cleaning appliances market is the dominant segment by value and is poised to
exhibit a CAGR of 10.5% during the period of assessment. The indirect subsegment is projected to reach a value of nearly US$ 6,050 Mn at the end of the
assessment period in the year 2026.
Residential End Use Type Poised to Exhibit the Maximum CAGR
The residential sub-segment in the end use type category of the global cleaning
appliances market is projected to display the maximum CAGR of 15.8% during
the period of assessment. The residential sub-segment was estimated to be
valued at nearly US$ 1,100 Mn in the year 2017.
North America Dominant Region in the Global Cleaning Appliances
Market
North America is the dominant region in the global cleaning appliances market
and is likely to exhibit a CAGR of 11.8% during the period of assessment. The
North America cleaning appliances market is poised to be valued at nearly US$
3,700 Mn by the end of the assessment period in the year 2026.
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Global Cleaning Appliances Market: Competition Landscape
Some of the top players functioning in the global cleaning appliances market
have been studied in this report. The players that have been featured in the
competition landscape section of this report include Robert Bosch GmbH,
Qingdao Haier Co., Ltd., Panasonic Corporation, Samsung Electronics Co. Ltd.,
General Electric Co. (GE), LG Electronics, Inc., Honeywell International Inc.,
Whirlpool Corporation, Koninklijke Philips N.V. and Electrolux AB.
Download and View Report TOC, Figures and Tables
https://www.persistencemarketresearch.com/market-research/cleaningappliances-market/toc
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