A steam mop is a mop that uses steam to clean floors and carpet which uses heat from steam to disinfect the floors. Global manufacturers are always developing new items and enhancing existing ones in order to improve their efficiency. During the forecast period, the steam mops market is expected to be fuelled by the introduction of new and innovative steam mops with enhanced battery life, room memory, and efficiency. The important trends that are likely to provide new growth prospects in the steam mops market are advancements in technology and changes in consumer preferences.
MARKET DYNAMICS
Due to the exponential rise in the number of dual-income households, the steam mops industry has been rapidly rising in recent years. The time it takes to complete household duties has decreased as dual-income households' income has increased. The need for steam mops is fueled by this. During the projected period, the global steam mops market is expected to be driven by rising popularity of steam cleaning or vacuum cleaning among working women. The adoption of various lifestyles by households has boosted the demand for steam mops in many parts of the world. With the launch of a variety of new and creative products, research and development initiatives have aided the expansion of the steam mops industry.
MARKET SCOPE
The "Global Steam Mops Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the steam mops market with detailed market segmentation by end use and distribution channel. The global steam mops market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steam mops market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The steam mops market is segmented into end use and distribution channel. By end use, the steam mops market is bifurcated into residential and commercial. By distribution channel, the steam mops market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the steam mops market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The steam mops market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the steam mops market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 affecting the steam mops market in these regions.
MARKET PLAYERS
The report covers vital developments in the steam mops 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the steam mops market are anticipated to lucrative growth opportunities in the future with the rising demand for steam mops in the global market. Below mentioned is the list of few companies engaged in the steam mops market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the steam mops market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Bissell
- Dyson
- SharkNinja Operating LLC
- Eureka Forbes Limited
- Karcher India
- Techtronic Industries Co. Ltd.
- SALAV USA
- Black + Decker
- HAAN Corporation
- Prestige