The electric mop is used for cleaning the floor at homes and commercial places such as shopping malls, airports, and offices, among others. The demand for electric mops is increasing due to the increasing digitization and growing popularity of automation. The wide use of electric mop at commercial places is creating opportunities for players operating in the market to gain a strong customer base and generate more revenues.
MARKET DYNAMICS
Growing demand for electric mop at commercial spaces and the enhanced conscience offered by the solution is expected to drive the growth of this market. However, high cost of these solution is the primary factor that might slow down the growth of this market. The cordless electric mops are gaining popularity in the market due to their ease of use and sleek design. Various vendors are focusing on developing technologically advances solutions such as robotics mops to attract more customers and gain a more significant share of the electronic mop market.
MARKET SCOPE
The "Global Electric mop Market Analysis to 2028" is a specialized and in-depth study of the electric mop industry with a special focus on the global market trend analysis. The report aims to provide an overview of electric mop market with detailed market segmentation by mop type, connectivity, application and geography. The global electric mop market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric mop market players and offers key trends and opportunities in the electric mop market.
MARKET SEGMENTATION
The global electric mop market is segmented on the basis of mop type, connectivity, and application. Based on mop type, the market is segmented as flat type, spiral, and others. On the basis of connectivity the market is segmented as wired and cordless. Based application the market is segmented as commercial and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric mop market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric mop market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric mop market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric mop market in these regions.
MARKET PLAYERS
The reports cover key developments in the electric mop market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from electric mop market are anticipated to lucrative growth opportunities in the future with the rising demand for electric mop in the global market. Below mentioned is the list of few companies engaged in the electric mop market.
The report also includes the profiles of key electric mop companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bisseil
- Black&Decker
- Eureka Forbes
- Guangdong Kingbest Electric Co.,Ltd
- Haan
- Haier Group
- Kärcher
- Nilfisk Group
- Prestige Group
- SharkNinja Operating LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.