The future of the global electric mop market looks promising with opportunities in the residential and commercial markets. The global electric mop market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 14.6% from 2024 to 2030. The major drivers for this market are growing concerns about hygiene and cleaning, rising demand for remote-controlled electric mops, and increasing demand for janitorial services.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the electric mop market by
type (steam and spray), connectivity (wireless and wired), sales channel
(offline and online), application (residential, commercial, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, steam
and spray are the major segments of electric mop market by type. Lucintel
forecasts that spray will remain the larger segment over the forecast period
due to its widespread use by consumers to thoroughly sanitize the floor using
with connected detergent slots.
Within this market,
commercial will remain the larger segment due to increasing usage of electric
mops for routine floor cleaning in public areas such as hotels, airports, and
hospitals.
North America will remain
the largest region over the forecast period due to rising need for services
related to commercial cleaning and presence of key players in the region.
Black & Decker,
Bissel, KARCHER, Nilfisk, Tennant, HAAN, Kingbest Electric, Tornado, Haier, and
Shinil are the major suppliers in the electric mop market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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