Electric Mop Market by Product And Geography - Global Forecast 2019-2023

SKU ID : TNV- 13684694

Publishing Date : 28-Jun-2019

No. of pages : 113

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  • Global Electric Mop Market: About this market

    Electric mop is an alternative to the traditional sweeping and mopping technique, which works on electricity. electric mop market analysis considers sales from corded electric mop and cordless electric mop. Our analysis also considers the sales of electric mop in Europe, North America, South America, and MEA. In 2018, the corded electric mop segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as ease in operation will play a significant role in the corded electric mop segment to maintain its market position. Also, our global electric mop market report also looks at factors such as convenience offered by electric mop, increasing number of end-users and rising popularity of electric spin mops. However, availability of substitute products, limitations associated with use of electric mops on hardwood or laminate floors and increasing availability of counterfeit products may hamper the growth of the electric mops industry over the forecast period.

    Global Electric Mop Market: Overview

    Convenience offered by electric mops

    Electric mops offer a versatile option for cleaning floors as these mops can be used on a variety of floor surfaces, including linoleum and vinyl. Electric mops possess swivel steering handles for easy cleaning, maneuvering, and accelerating the cleaning process. The benefits offered by electric mops will maintain their demand during the forecast period, thereby driving the expansion of the market at a CAGR close to 7% during the forecast period.

    Growing popularity of electric mops with steam cleaning option

    As end-users prefer electric mops with added benefits and improved convenience, several vendors are seen focusing on integrating additional features into regular electric mops, such as steam cleaning. Electric mops with the steam cleaning option ensure quick break down of dirt and eliminate germs without the use of extra water. They also cut the need for artificial fragrances or harsh chemicals. Such benefits are expected to increase the sales of electric mops, driving the growth of the global market during the forecast period.

    For the detailed list of factors that will drive the global electric mop market during the forecast period 2019-2023, click here.

    Competitive Landscape

    With the presence of several major players, the global electric mop market is fragmented. robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric mop manufacturers, that include Alfred Kärcher SE & Co. KG, BISSELL International Trading Co. BV, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., and TTK Prestige Ltd.

    Also, the electric mop market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.