Global Household Vacuum Cleaners Market to Reach US $13.2 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Household Vacuum Cleaners market. The global household vacuum cleaners market is projected to reach US $13.2 billion by the year 2015, driven by rising income levels and the advent of advanced, efficient appliances.

Household Vacuum Cleaners: A Global Strategic Business Report

The market for vacuum cleaners is more globalized compared to laundry and kitchen appliances market. The demand for vacuum cleaner models differs across various markets. For instance, upright vacuums are most popular among UK and North American consumers, while in Asia and other European nations, wheeled models feature among the most preferred vacuums. The market for bagless vacuum cleaners is witnessing continuous growth, with North American households account for the highest share of bagless vacuums market.

The United States, Europe and Asia-Pacific represent the predominant regional markets with more than 84% share of volume sales for 2009, as stated by the new market research report on household vacuum cleaners market. Decreasing household sizes and increasing consumer demand for more than one vacuum cleaner are contributing to the rising demand for vacuum cleaners. In addition, increasing health awareness among consumers is driving the demand for efficient, eco-friendly, ergonomic, and low-noise producing vacuum models.

Vacuum cleaners market witnessed a large number of innovations during recent years such as emergence of lightweight vacuums driven by smaller and efficient motors. Currently, the market is witnessing a shift in consumer preferences for vacuums featuring bagless, HEPA, and multi-surface cleaning functionalities. Large, high-income households, baby boomer population, and under-35 years population segment are likely to drive the market for vacuum cleaners. China represents the largest as well as the fastest growing market for household vacuum cleaners in Asia-Pacific, in terms of volume sales. The market is projected to register sales of 11.8 million units by the year 2012.

Key players profiled in the report include Black & Decker, BISSELL Homecare Inc., Daewoo Electronics Corp., Dyson, Electrolux Group, Emer Inc., Eureka Forbes Limited, Groupe SEB, iRobot Corporation, Kenwood Limited, LG Electronics Inc., Morphy Richards, Panasonic Corporation, Royal Philips Electronics NV, Samsung Electronics, SANYO Electric Co., Ltd., and Techtronic Industries Co., Ltd.

The report titled "Household Vacuum Cleaners: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including The United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. The study analyzes market data and analytics in terms of volume sales.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Household_Vacuum_Cleaners_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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