Cordless Vacuum Cleaner Market Size, Share, Trends, Growth 2030

Cordless Vacuum Cleaner Industry Prospective:

The global cordless vacuum cleaner market size was worth around USD 11.51 billion in 2022 and is predicted to grow to around USD 19.96 billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.13% between 2023 and 2030.

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Cordless Vacuum Cleaner Market: Overview

Cordless vacuum cleaners are cleaning devices that are not connected to any electrical point through a wire. A typical vacuum cleaner uses suction power to remove unwanted particles or dirt from a surface such as the floor, draperies, cushions, upholstery, and other such objects. Traditional vacuum cleaners consist of a long wire that is connected to an electrical unit and powered through electricity. However, as the industry dealing with technology used for cleaning activities has evolved, cordless vacuum cleaners have come into existence.

The two primary facets of vacuum cleaners without cords include portability and lightweight structure. Apart from these benefits, several other personal reasons may exist for buyers preferring cordless vacuum cleaners over corded versions. Cordless cleaners are operated through a battery while corded vacuum cleaners are powered by electricity. The former types exhibit certain performance limitations which may act as growth-restricting factors during the forecast period.

Key Insights:

• As per the analysis shared by our research analyst, the global cordless vacuum cleaner market is estimated to grow annually at a CAGR of around 7.13% over the forecast period (2023-2030).
• In terms of revenue, the global cordless vacuum cleaner market size was valued at around USD 11.51 billion in 2022 and is projected to reach USD 19.96 billion, by 2030.
• The cordless vacuum cleaner market is projected to grow at a significant rate due to the growing demand for compact housing with limited residents.
• Based on product segmentation, upright was predicted to show maximum market share in the year 2022.
• Based on end-user segmentation, commercial was the leading segment in 2022.
• On the basis of region, North America was the leading revenue generator in 2022.

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Cordless Vacuum Cleaner Market: Growth Drivers

Growing demand for compact housing with limited residents may drive market growth

The global cordless vacuum cleaner market is projected to grow owing to the increasing demand for compact housing solutions. Urban areas are registering a steady growth in the number of residents per housing facility. As more people shift from rural areas to urban places, the cost of living drastically increases leading to a higher number of people opting for living in compact homes to avoid reducing unnecessary expenses.

Cordless vacuum cleaners offer optimal performance for such settings since they showcase ideal performance and offer flexibility to the users. Corded cleaners can sometimes act as an obstacle in the house and restrict free movement since these are wired tools. Elderly citizens and younger children are at a risk of physical harm that may be caused due to corded vacuum cleaners thus resulting in more people opting for cordless versions.

High-pitch noise made by corded cleaners may influence more people to buy cordless versions

Vacuum cleaners with cords make significant noise when they are in operational mode. However, since cordless cleaners work on batteries, they offer quiet cleaning. Consumers are increasingly preferring technologies that do not make much sound, especially in places such as libraries or corporate offices.

Furthermore, the rise of remote work culture has prompted more people to work from their homes. Cleaning using corded vacuum cleaners can irritate and result in a lack of concentration. As consumers continue seeking technologies that do not cause unnecessary interruptions, the global cordless vacuum cleaner industry will register high growth revenue.

Cordless Vacuum Cleaner Market: Restraints

High cost of the devices may restrict the market growth rate

The global cordless vacuum cleaner market will face growth restrictions due to the high cost of these devices. The price range of these cleaners is between USD 100 to USD 900 depending on the brand and the overall performance level. The cost is higher owing to the use of high-quality Lithium-ion (Li-ion) batteries.

Furthermore, these are expensive when compared to traditional wired vacuum cleaners causing more people to opt for corded versions. The increasing inflation rate across the globe along with the rising cost of living may restrict the addition of new customers during the projection period.

Cordless Vacuum Cleaner Market: Opportunities

Rising advancements in cordless vacuum cleaner technology may deliver high-growth opportunities

The global cordless vacuum cleaner market is likely to attain higher revenue driven by the increasing investments in technologies used to power non-wired vacuum cleaners. Makers are working toward improving performance output and creating a balance between the cost and the deliverables.

In August 2023, Dyson, a UK-based household appliance manufacturer, announced the launch of a wet-and-dry all-in-one cordless vacuum cleaner in the Indian market. The company plans to tackle existing issues related to wet and dry cleaning with the aid of the new advanced tool. The cleaner is termed Dyson V12s Detect Slim Submarine. Some of the features include the integration of anti-tangle technologies, Dyson’s suction power, and dust illumination characteristics. It can also be used to wash hard floors.

In December 2023, Samsung, a global technology giant, launched the next generation of Jet™ cordless stick vacuum. The new range called the BESPOKE Jet™ AI (artificial intelligence) is expected to deliver an improved cleaning experience and better performance. It offers suction power as high as 280W with the help of HexaJet™ Motor equipped with a digital inverter.

Rising adoption in premium hotels and accommodation facilities may aid in higher growth

The growth trend in the global industry for cordless vacuum cleaners is projected to be driven by the increasing acceptance and use of highly advanced non-wired vacuum cleaners in the growing hospitality industry. The rising development of premium hotels across the globe can create higher expansion possibilities for players operating in the industry for cordless cleaners. During the projection period, the global hospitality sector is expected to grow at a CAGR of over 10%.

Cordless Vacuum Cleaner Market: Challenges

Performance limitations of cordless versions may challenge the market adoption rate

The global cordless vacuum cleaner market is expected to be challenged by the performance limitations showcased by cordless cleaners. For instance, wired vacuum cleaners are known to have higher suction power. They can also collect more dust as compared to their counterparts. Although makers of cordless cleaners are working on improving product performance, wired vacuum cleaners are also registering higher technological growth thus leading to market challenges.

Cordless Vacuum Cleaner Market: Segmentation

The global cordless vacuum cleaner market is segmented based on product, category, end-user, and region.

Based on product, the global market segments are handheld, canister, upright, stick, and others. In 2022, the highest demand was witnessed in the upright segment. It will grow at a CAGR of 8.6% during the projection period. These vacuum cleaners can stand on their own and have proven exceptionally high performance for cleaning high-pile carpets. Since they are bulkier and larger in size, upright cordless vacuum cleaners can cover larger portions of the cleaning area. However, they are not considered ideal for cleaning activities that require more movement such as cleaning stairs.

Based on category, the global cordless vacuum cleaner industry is divided into windows & pools, floors, and others.

Based on end-user, the global market divisions are commercial and household. In 2022, the highest growth rate was observed in the commercial segment driven by the availability of an extensive budget range of commercial centers to employ advanced tools such as cordless vacuum cleaners. The household segment has registered a high growth rate and is expected to grow at a CAGR of 9.8% during the projection period. The growing urban population may fuel segmental growth.

Based on distribution channel, the global market divisions are offline and online.

Cordless Vacuum Cleaner Market: Report Scope

Cordless Vacuum Cleaner Market: Regional Analysis

North America to deliver the highest results in terms of revenue during the projection period

The global cordless vacuum cleaner market will be led by North America during the projection period. It is expected to grow at a CAGR of 8% by 2030. The high regional revenue can be attributed to the presence of a technology-accepting general population. The US and Canadian citizens are more comfortable with technologies as compared to people from other parts of the world. Additionally, since a large part of the regional population is working, they prefer to invest in smart home technologies such as vacuum cleaners. The growing number of expatriates in the US along with higher per capita income adds to the regional consumer base.

Europe is projected to register a CAGR of 9.05% during the forecast period. The presence of several smart home appliance producers helps elevate regional revenue. European home decor traditionally involves the use of carpets and other upholstery items that can be cleaned using vacuum cleaners. In 2022, Dyson generated a revenue of more than £6.4 billion. The Middle East is a huge market for cordless vacuum cleaners. The growing hospitality sector along with a higher standard of living are crucial regional growth drivers.

Cordless Vacuum Cleaner Market: Competitive Analysis

The global cordless vacuum cleaner market is led by players like:

• SharkNinja
• Dyson
• Electrolux
• Bissell
• Samsung
• Hoover
• Eureka
• LG
• Dirt Devil
• Bosch
• Vax
• Black+Decker
• Rowenta
• Miele
• Tineco

The global cordless vacuum cleaner market is segmented as follows:

By Product

• Handheld
• Canister
• Upright
• Stick
• Others

By Category

• Windows & Pools
• Floors
• Others

By End-User

• Commercial
• Household

By Distribution Channel

• Offline
• Online

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa