LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric mop market and it is poised to grow by USD 198.58 mn during 2019-2023, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The convenience offered by electric mops will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Convenience offered by electric mops has been instrumental in driving the growth of the market.
Electric Mop Market 2019-2023: Segmentation
Electric Mop Market is segmented as below:
Product
- Corded Electric Mop
- Cordless Electric Mop
Geographic segmentation
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31599
Electric Mop Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our electric mop market report covers the following areas:
- Electric Mop Market size
- Electric Mop Market trends
- Electric Mop Market industry analysis
This study identifies growing popularity of electric mops with steam cleaning option as one of the prime reasons driving the electric mop market growth during the next few years.
Electric Mop Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the electric mop market, including some of the vendors such as Alfred Kärcher SE & Co. KG, BISSELL International Trading Co. BV, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TTK Prestige Ltd. Backed with competitive intelligence and benchmarking, our research reports on the electric mop market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Electric Mop Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist electric mop market growth during the next five years
- Estimation of the electric mop market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behaviour
- The growth of the electric mop market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electric mop market vendors
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Corded electric mop - Market size and forecast 2018-2023
- Cordless electric mop - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Growing popularity of electric mops with steam cleaning option
- Increasing end-user preference toward remote-controlled electric mops
- Rising demand for janitorial services
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Alfred Kärcher SE & Co. KG
- BISSELL International Trading Co. BV
- Stanley Black & Decker Inc.
- Techtronic Industries Co. Ltd.
- TTK Prestige Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
