Russia Vacuum Cleaner Market Research Report, 2028

Russia Vacuum Cleaner Market Research Report, 2028

Actual Market Research 30-01-2023 64 Pages Figures : 6 Tables : 19 Region : Europe Country : Russia Category : Consumer Goods & Services Apparels & Lifestyle

The market for sophisticated household vacuum cleaners will be driven by Russia increased emphasis on promoting the use of energy-efficient home appliances. For a wide range of household appliances, including vacuum cleaners, refrigerators, televisions, and lighting, the European Union has established minimal energy efficiency criteria and labelling requirements. Manufacturers of vacuum cleaners are concentrating on releasing energy-efficient models in response to the shifting rules, assisting the industry expansion. 89% of individuals Russian vacuum for under an hour, and of this group, 43% vacuum for under 30 minutes. Vacuuming most frequently occurs in the morning (38%), then in the afternoon (28%) In the evening, just 9% vacuum. in comparison to a 36% global average when vacuuming. Australians (21%) and Russians (22%), who are least bothered by noise. According to the research report “Russia Vacuum cleaner Market Research Report, 2028," published by Actual Market Research, the market will add by USD 0.32 Billion in the upcoming period, 2023–2028. The market for vacuum cleaners in Russia is covered in-depth in the research by products, end users, distribution channels, and important geographic areas such the central region, western region, southern region, and eastern region. The Russia vacuum cleaners market Research Report study offers an objective and in-depth analysis of the current market trends, opportunities/high growth areas, and industry drivers to assist players in developing and aligning their market strategies with the present and anticipated market dynamics. Based on distribution channels, the online distribution channel segment of the overall Russia vacuum cleaners market is predicted to generate the highest revenues in the years to come. This is because consumers are receiving more doorstep deliveries and are taking advantage of tempting discount offers, both of which are predicted to result in progressive growth prospects for the market's online distribution channels and open up a variety of growth opportunities. Based on end users, commercial sector accounted for a leading share of market demand owing to the growing public and private sector investment in the establishment of the commercial sector, especially hospitality segment has captured majority of the market share in 2021, and is projected to register substantial growth over the coming years owing to growing concerns towards cleanliness. Based on product, the most common vacuum cleaner product kinds include canister, central, robotic, upright, wet-dry, and others. Canister vacuum cleaner dominate in the Russia vacuum cleaner market. Floors and other minor surfaces are cleaned using the canister. Canister vacuum cleaners are smaller; lighter vacuum cleaners with extended cleaning wands for cleaning under furniture. Canister, or traditional vacuum cleaners accounted for the largest sales share in Russia in each observed period. However, sales of upright and robot vacuum cleaners saw a gradual increase year-over-year. The primary trend gaining traction in the vacuum cleaner industry is technological advancement. To improve their market position, major vacuum cleaner manufacturers are concentrating on creating cutting-edge goods. For instance, Dustor, a cutting-edge robotic vacuum cleaner with light detection and ranging (LIDAR) technology, was introduced in March 2022 by Creative Newtech Ltd., an Indian firm that designs and develops cleaning equipment. The Dustor is a cutting-edge robotic vacuum cleaner that can navigate barriers while cleaning, track even the smallest dust particles where human eyes cannot detect them, and clean surrounds with human assistance. In September 2021, Advent International, a US-based private equity firm, acquired Eureka Forbes Ltd. for $550.6 million. The acquisition will assist the Shapoorji Pallonji Group in reducing debt and focusing on core construction and real estate businesses. Eureka Forbes Ltd. is an India-based consumer goods company that manufactures water purifiers, air purifiers, and vacuum cleaners. The vacuum cleaner market includes sales of high-pressure cleaners, surface or window cleaners, floor scrubbers, walk-behind vacuum cleaners, commercial vacuum cleaners, continuous-duty vacuums, explosion-proof vacuums, HEPA vacuum cleaners, shop-vacuum cleaners, stationary vacuum systems, and truck mounted vacuum cleaners. In this market, values are determined at the "factory gate," or the price at which items are sold by producers, whether they sell them directly to consumers or to downstream producers, wholesalers, distributors, or retailers. The value of products in this market also includes ancillary services provided by the product's manufacturers. At least temporarily, the Russia-Ukraine conflict hampered the possibilities of a COVID-19 pandemic-related global economic rebound. The conflict between these two nations has resulted in supply chain interruptions, an increase in commodity prices, economic penalties against other nations, inflation of goods and services, and a negative impact on numerous global markets. Due to the limitations put in place by various governments in the area, the manufacturing facilities were temporarily shut down from March to June 2020. Due to a labour and raw material scarcity faced by vacuum cleaner producers, both demand and supply have suffered in the area. Manufacturers are concentrating on reducing their order backlogs starting in the third quarter of 2020 by implementing solutions like vertical integration and internal production of crucial components. Key players operating in the Europe household vacuum cleaners market include Dyson Ltd., Eureka Forbes Ltd., Electrolux Group, LG Electronics, Panasonic Corporation, Samsung Electronics Co., Ltd., iRobot Corporation, Techtronic Industries Co., Ltd., and Toshiba Corporation. These players are focusing on launching new products to cater to dynamic consumer demands. For instance, in March 2019, Dyson announced the launch of its new vacuum cleaner, Cyclone V11. It has a built-in display on a tank that shows the remaining battery percentage of the device. Some of the vacuum stores in Russia are VIPER-RUSSIA, PRO-EXPERT, Kirby-Russia.ru, Winbot-Russia, M.video, NOVOSIB IT, MIE, KanelLine, Domotekhnika and many more. Considered in this report • Geography: Russia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 By Application Type • Residential • Commercial • Industrial By Product Type • Canister • By Product Type • Canister • Robotic • Upright • Dry • Wet • Central • Others (Back Pack,Pneumatic etc) By Cored Type • Cordless Vacuum Cleaner • Cored Vacuum Cleaner By Distribution Channel • Offline • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to vacuum cleaner market, 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.

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