In the past few years, the India vacuum cleaner market witnessed substantial growth on account of the increasing income of Indians and the demand for a better lifestyle. The outbreak of COVID-19 has highlighted the importance of vacuum cleaners in India as the unavailability of domestic help made people switch to modern ways of cleaning and this would act in favour of the vacuum cleaner industry in the coming years. Additionally, government initiatives such as the “100% FDI”, which allows 51% of foreign direct investment in multi-brand retail and 100% foreign direct investment in single-brand retail which in turn would attract a lot of foreign players in the years to come. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, India Vacuum Cleaner Market size is projected to grow at CAGR of 9.2% during 2020-2026. India Vacuum cleaner market is anticipated to gain popularity during the forecast period 2020-26F on the back of the rising fastest cleaning mode. Moreover, the rise in house construction with the rising dual working family has no time left for household cleaning, therefore, a radical shift from traditional to modern cleaning equipment and process. Vacuum cleaners are estimated to gain popularity in the market owing to the rise in the upper-middle-class family in the country, which is leading to investment in modern household equipment and is estimated to propel the significant demand for vacuum cleaners and would benefit the growth of India vacuum cleaner market in the coming timeframe.

Key Highlights of the Report

  • Market Drivers and Restraints
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Market Trends
  • India Vacuum Cleaner Market Share and Players Market Share
  • Company Profiles
  • Key Strategic Recommendations
  • India Vacuum Cleaner Market Overview on Competitive Benchmarking
  • India Vacuum Cleaner Market Trends & Industry Life Cycle