The global steam cleaner market to grow at a CAGR of 10.16% during the period 2017-2021.
Global Steam Cleaner Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The market is witnessing increased expenditure by vendors on R&D activities, and therefore the development of many innovative solutions, such as the inclusion of room memory, improved battery life, and improved efficiency in steam cleaners. In addition, vendors are working to reduce the cost of upgrades and maintenance. Rapidly changing technology and changes in consumer preferences are forcing vendors to deliver innovative household vacuum cleaning solutions with high efficiency to survive the commoditization in the market.
According to the report, the proportion of the dual income households are increasing globally: 69.55 % of the global population in 2015 compared with 36.77 % in 1976. With the growth in dual income households, the median income rises. This growth of dual income households reduces the time to carry out household chores and thus drives the demand for steam cleaners.
- HAAN Corporation
The Hoover Company
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/ltmxfk/global_steam