Vacuum Cleaner With Motor Market

Global vacuum cleaner market with motor is forecasted to grow at a CAGR of +1.9% in volume terms and +4.5% in value terms from 2022 to 2030, reaching 445M units and $35.9B, respectively. China, the United States, and India are the top consuming countries, while China leads in production and export. The key imported product is vacuum cleaners with a power not exceeding 1,500w and dust bag capacity not exceeding 20L. Import and export prices have shown growth over the last decade. Germany and China are the countries with the highest export prices and the lowest import prices, respectively.

Market Forecast

Driven by increasing demand for vacuum cleaners with motor worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market volume to 445M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.5% for the period from 2022 to 2030, which is projected to bring the market value to $35.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Vacuum Cleaners With Motor

Global vacuum cleaner with motor consumption expanded notably to 384M units in 2022, with an increase of 7.2% compared with the year before. The total consumption volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption hit record highs in 2022 and is expected to retain growth in the immediate term.

The global vacuum cleaner with motor market size was estimated at $25.2B in 2022, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +5.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the maximum level in 2022 and is likely to see steady growth in the near future.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (85M units), the United States (72M units) and India (28M units), with a combined 48% share of global consumption. Pakistan, Russia, Japan, Nigeria, Indonesia, the Netherlands, Germany, the UK, Canada and Malaysia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +23.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($3.8B), Pakistan ($1.9B) and China ($1.9B) constituted the countries with the highest levels of market value in 2022, with a combined 30% share of the global market. India, Japan, Germany, Russia, the Netherlands, Nigeria, Canada, the UK, Indonesia and Malaysia lagged somewhat behind, together comprising a further 29%.

The Netherlands, with a CAGR of +25.7%, recorded the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of vacuum cleaner with motor per capita consumption was registered in the Netherlands (499 units per 1000 persons), followed by the United States (216 units per 1000 persons), Malaysia (182 units per 1000 persons) and Canada (159 units per 1000 persons), while the world average per capita consumption of vacuum cleaner with motor was estimated at 49 units per 1000 persons.

From 2012 to 2022, the average annual rate of growth in terms of the vacuum cleaner with motor per capita consumption in the Netherlands amounted to +23.2%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (+4.5% per year) and Malaysia (+10.7% per year).

Production

World Production of Vacuum Cleaners With Motor

In 2022, production of vacuum cleaners with motor decreased by -0.3% to 381M units, falling for the second consecutive year after three years of growth. The total output volume increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 35% against the previous year. Global production peaked at 383M units in 2020; however, from 2021 to 2022, production failed to regain momentum.

In value terms, vacuum cleaner with motor production dropped to $17.8B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. Global production peaked at $22.7B in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Production By Country

China (215M units) constituted the country with the largest volume of vacuum cleaner with motor production, comprising approx. 56% of total volume. Moreover, vacuum cleaner with motor production in China exceeded the figures recorded by the second-largest producer, India (27M units), eightfold. Malaysia (16M units) ranked third in terms of total production with a 4.2% share.

In China, vacuum cleaner with motor production expanded at an average annual rate of +5.1% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: India (+10.1% per year) and Malaysia (+6.4% per year).

Imports

World Imports of Vacuum Cleaners With Motor

After two years of growth, purchases abroad of vacuum cleaners with motor decreased by -7.3% to 215M units in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2014 indices. The growth pace was the most rapid in 2015 with an increase of 19%. Over the period under review, global imports attained the maximum at 232M units in 2021, and then contracted in the following year.

In value terms, vacuum cleaner with motor imports fell slightly to $17.6B in 2022. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $18.2B, and then declined in the following year.

Imports By Country

The United States was the main importer of vacuum cleaners with motor in the world, with the volume of imports finishing at 63M units, which was approx. 29% of total imports in 2022. The Netherlands (19M units) took an 8.9% share (based on physical terms) of total imports, which put it in second place, followed by Germany (6.8%) and Russia (6%). The following importers - Japan (8.7M units), the UK (8M units), France (6.9M units), Canada (5.2M units), Australia (4.8M units), South Korea (4.4M units), China (3.8M units), Belgium (3.4M units) and Spain (3.4M units) - together made up 23% of total imports.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner with motor imports into the United States stood at +5.2%. At the same time, China (+41.9%), the Netherlands (+21.7%), South Korea (+20.9%), Spain (+8.0%), Germany (+6.6%), Russia (+5.8%), Australia (+4.1%) and Canada (+3.9%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +41.9% from 2012-2022. The UK, Japan, Belgium and France experienced a relatively flat trend pattern. The Netherlands (+6.8 p.p.), China (+1.7 p.p.) and South Korea (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while the UK, France and Japan saw its share reduced by -1.9%, -2.4% and -2.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum cleaner with motor importing markets worldwide were the United States ($3.4B), Germany ($2B) and the Netherlands ($1.4B), together comprising 39% of global imports. Japan, France, Russia, Australia, the UK, Canada, South Korea, Spain, China and Belgium lagged somewhat behind, together comprising a further 32%.

China, with a CAGR of +32.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was the key imported product with an import of about 185M units, which reached 86% of total imports. It was distantly followed by vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 (31M units), achieving a 14% share of total imports.

Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was also the fastest-growing in terms of imports, with a CAGR of +7.6% from 2012 to 2022. vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 (-2.7%) illustrated a downward trend over the same period. Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L (+17 p.p.) significantly strengthened its position in terms of the global imports, while vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 saw its share reduced by -17.1% from 2012 to 2022, respectively.

In value terms, vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L ($15.7B) constitutes the largest type of vacuum cleaners with motor imported worldwide, comprising 89% of global imports. The second position in the ranking was taken by vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 ($2B), with an 11% share of global imports.

From 2012 to 2022, the average annual rate of growth in terms of the value of vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L imports stood at +12.0%.

Import Prices By Type

In 2022, the average vacuum cleaner with motor import price amounted to $82 per unit, with an increase of 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2014 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major imported products. In 2022, the product with the highest price was vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L ($85 per unit), while the price for vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 amounted to $64 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L (+4.1%).

Import Prices By Country

The average vacuum cleaner with motor import price stood at $82 per unit in 2022, with an increase of 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. Global import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($140 per unit), while Russia ($54 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Vacuum Cleaners With Motor

After four years of growth, overseas shipments of vacuum cleaners with motor decreased by -17.1% to 212M units in 2022. Over the period under review, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 67% against the previous year. Over the period under review, the global exports reached the maximum at 256M units in 2021, and then shrank notably in the following year.

In value terms, vacuum cleaner with motor exports dropped to $13.7B in 2022. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, the global exports reached the maximum at $15.3B in 2021, and then reduced in the following year.

Exports By Country

China prevails in exports structure, resulting at 133M units, which was approx. 63% of total exports in 2022. Malaysia (13M units) ranks second in terms of the total exports with a 6% share, followed by Germany (5.3%) and the Netherlands (5.2%). Vietnam (8.1M units), Mexico (4.9M units) and Romania (4.7M units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner with motor exports from China stood at +4.1%. At the same time, Romania (+16.0%), the Netherlands (+12.3%), Malaysia (+6.2%), Vietnam (+4.8%) and Germany (+1.9%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.0% from 2012-2022. By contrast, Mexico (-2.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+2.8 p.p.) and China (+2.3 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Mexico (-2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($5.8B) remains the largest vacuum cleaner with motor supplier worldwide, comprising 42% of global exports. The second position in the ranking was held by Germany ($1.8B), with a 13% share of global exports. It was followed by Malaysia, with an 8.8% share.

In China, vacuum cleaner with motor exports expanded at an average annual rate of +7.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+7.6% per year) and Malaysia (+6.1% per year).

Exports By Type

Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was the major type of vacuum cleaners with motor in the world, with the volume of exports accounting for 185M units, which was approx. 87% of total exports in 2022. It was distantly followed by vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 (28M units), committing a 13% share of total exports.

Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was also the fastest-growing in terms of exports, with a CAGR of +6.2% from 2012 to 2022. vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 (-5.0%) illustrated a downward trend over the same period. Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L (+18 p.p.) significantly strengthened its position in terms of the global exports, while vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 saw its share reduced by -18.2% from 2012 to 2022, respectively.

In value terms, vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L ($12B) remains the largest type of vacuum cleaners with motor supplied worldwide, comprising 88% of global exports. The second position in the ranking was held by vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 ($1.7B), with a 12% share of global exports.

For vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L, exports increased at an average annual rate of +10.8% over the period from 2012-2022.

Export Prices By Type

The average vacuum cleaner with motor export price stood at $65 per unit in 2022, picking up by 8.4% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner with motor export price increased by +22.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. The global export price peaked at $87 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exported products. In 2022, the product with the highest price was vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L ($65 per unit), while the average price for exports of vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 stood at $60 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L (+4.3%).

Export Prices By Country

In 2022, the average vacuum cleaner with motor export price amounted to $65 per unit, picking up by 8.4% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner with motor export price increased by +22.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 45%. The global export price peaked at $87 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($157 per unit), while China ($43 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform