Europe Floor Cleaning Equipment Market Research Report, 2027

Floor cleaning machines are designed in a way that they clean floors, carpets, and rugs using methods like scrubbing, suction, and others, more efficiently when compared to manual cleaning. To preserve cleanliness and hygienic conditions, a lot of floor cleaning supplies are needed everywhere. Due to the expansion in the number of locations where they are used, such as residential and industrial regions, the need for such equipment is constantly on the rise. The market for floor cleaning equipment has been shown to evolve over time, and numerous advancements and practical solutions have contributed to its global expansion and, as a result, its appeal. The report titled , “Europe Floor Cleaning Equipment Market Research Report, 2027”, Published by Actual Market Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Vacuum Cleaner, Floor Scrubber, Floor Sweeper, Others), based on application (Residential & Commercial), based on countries & major companies. Floor cleaning equipment has an extensive application across Europe, the market attaining a value of USD 1.92 Billion in 2016. The increasing number of residential & commercial spaces like malls, restaurants & resorts, hospitals, airports, etc., and industries in the region have been contributing significantly to the growth of the floor cleaning equipment market in the region. Further, stringent government rule regarding cleanliness is expected to influence the floor cleaning equipment market growth over the forecast period. However, high costs of automatic and semi-automatic equipment are expected to hamper the market growth. The European market for floor cleaning equipment is expected to grow with an anticipated rate of 7%, one of the lowest in the global market. The sales are expected to elevate especially in the region, after the ease of lockdowns and reopening of academic institutes in the majority of the countries. Lack of time left for doing household chores due to the implementation of the Work from Home model is one of the key factors driving the demand for vacuum cleaners in the residential sector. Along with this the region is also experiencing higher shift of population in to the urban areas, a trend which is observed globally. This shift in lifestyle is going be driving the market during the early period of forecast duration. The vacuum cleaner segment in the region dominated the market with over half of the market share. Green cleaning technology is one of the major growth trends in the region, which has been encouraging vendors to invest in sustainable cleaning technologies to meet the growing demand. One such major growth trend is likely to be witnessed in the floor sweeper segment, which is to grow with a future CGAR of a little over 10%. The region along with the adoption of Artificial Intelligence with cleaning equipment is to have an increase in renting of these cleaning machines over the coming period. Along with Artificial intelligence the integration of IoT in the equipment, has given the power of real time information to the consumer, this access of information has led to the growth of the market. The need for maintaining high hygiene standards to prevent and reduce the spread of COVID-19 is expected to compel several institutions, including schools and businesses, to invest in floor cleaning equipment. This has been an indirect aid to the commercial end-user segment, which was already dominating the market. There has been an increase in social media influence and the emergence of online sales has been one of the most important drivers to the residential end-user segment growth. By the end of the forecasted period, the residential segment is expected to grow over a quarter of the regional share. This increase in the market share of the segment is the result of the virtuous growth rate which is established due to the aforementioned reasons. The European floor cleaning equipment market is dominated by Germany, which along with the UK & France account for over 40% of the market share. Germany dominates the market as the floor surface is more used in the corporate office and regular working in elder age group and to maintain better hygiene for their better health and working environment, Europe is taking the initiative to use cleaning equipment more often according to their needs. COVID Impact The Covid-19 pandemic affected all the economic verticals across the globe, creating both positive and negative impact on these various markets. The Floor cleaning equipment market in the region of Europe was affected mostly in a positive manner. To curb the spread of the virus, hygiene became an important factor in society, this need of hygiene maintenance boosted the market especially with the need of floor hygiene in hospitals and other institutes. The market also experienced technological advancement with the need of automation created due to the inconsistent human resource. Major Companies in the market Nilfisk Group, Alfred Kärcher GmbH & Co. KG, Amano Co., Diversy, Dyson, EUREKA,; iRobot, Miele, Electrolux, etc. This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Actual Market Research has segmented the Europe Floor Cleaning Equipment Market report based on product, technology, end users, and region: Considered in the report • Geography: Europe • Base year: 2021 • Historical year: 2016 • Forecasted year: 2027 Countries covered: • Germany • UK • France • Spain • Italy • Russia Aspects covered in the report • Market Size by Value for the time period (2016-2027F) • Market Share by Product (Vacuum Cleaner, Floor Scrubber, Floor Sweeper, Others) • Market Share by Application (Residential & Commercial) • Market Share by Region • Market Share by Country • Market Share by Company The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the appliance & Equipment industry, 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.