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Electric Mop Trends and Forecast
The future of the global electric mop market looks promising with opportunities in the residential and commercial markets. The global electric mop market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 14.6% from 2024 to 2030. The major drivers for this market are growing concerns about hygiene and cleaning, rising demand for remote-controlled electric mops, and increasing demand for janitorial services.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Electric Mop by Segment
The study includes a forecast for the global electric mop by type, connectivity, sales channel, application, and region.
Electric Mop Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Steam
• Spray
Electric Mop Market by Connectivity [Shipment Analysis by Value from 2018 to 2030]:
• Wireless
• Wired
Electric Mop Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
• Offline
• Online
Electric Mop Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Electric Mop Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Electric Mop Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric mop companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric mop companies profiled in this report include-
• Black & Decker
• Bissel
• KARCHER
• Nilfisk
• Tennant
• HAAN
• Kingbest Electric
• Tornado
• Haier
• Shinil
Electric Mop Market Insights
Lucintel forecasts that spray will remain the larger segment over the forecast period due to its widespread use by consumers to thoroughly sanitize the floor using with connected detergent slots.
Within this market, commercial will remain the larger segment due to increasing usage of electric mops for routine floor cleaning in public areas such as hotels, airports, and hospitals.
North America will remain the largest region over the forecast period due to rising need for services related to commercial cleaning and presence of key players in the region.
Features of the Global Electric Mop Market
Market Size Estimates: Electric mop market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electric mop market size by various segments, such as by type, connectivity, sales channel, application, and region in terms of value ($B).
Regional Analysis: Electric mop market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, connectivities, sales channels, applications, and regions for the electric mop market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric mop market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the electric mop market size?
Answer: The global electric mop market is expected to reach an estimated $8.9 billion by 2030.
Q2. What is the growth forecast for electric mop market?
Answer: The global electric mop market is expected to grow with a CAGR of 14.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the electric mop market?
Answer: The major drivers for this market are growing concerns about hygiene and cleaning, rising demand for remote-controlled electric mops, and increasing demand for janitorial services.
Q4. What are the major segments for electric mop market?
Answer: The future of the electric mop market looks promising with opportunities in the residential and commercial markets.
Q5. Who are the key electric mop market companies?
Answer: Some of the key electric mop companies are as follows:
• Black & Decker
• Bissel
• KARCHER
• Nilfisk
• Tennant
• HAAN
• Kingbest Electric
• Tornado
• Haier
• Shinil
Q6. Which electric mop market segment will be the largest in future?
Answer: Lucintel forecasts that spray will remain the larger segment over the forecast period due to its widespread use by consumers to thoroughly sanitize the floor using with connected detergent slots.
Q7. In electric mop market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising need for services related to commercial cleaning and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electric mop market by type (steam and spray), connectivity (wireless and wired), sales channel (offline and online), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Electric Mop Market, Electric Mop Market Size, Electric Mop Market Growth, Electric Mop Market Analysis, Electric Mop Market Report, Electric Mop Market Share, Electric Mop Market Trends, Electric Mop Market Forecast, Electric Mop Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Electric Mop Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Electric Mop Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Electric Mop Market by Type
3.3.1: Steam
3.3.2: Spray
3.4: Global Electric Mop Market by Connectivity
3.4.1: Wireless
3.4.2: Wired
3.5: Global Electric Mop Market by Sales Channel
3.5.1: Offline
3.5.2: Online
3.6: Global Electric Mop Market by Application
3.6.1: Residential
3.6.2: Commercial
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Electric Mop Market by Region
4.2: North American Electric Mop Market
4.2.2: North American Electric Mop Market by Application: Residential, Commercial, and Others
4.3: European Electric Mop Market
4.3.1: European Electric Mop Market by Type: Steam and Spray
4.3.2: European Electric Mop Market by Application: Residential, Commercial, and Others
4.4: APAC Electric Mop Market
4.4.1: APAC Electric Mop Market by Type: Steam and Spray
4.4.2: APAC Electric Mop Market by Application: Residential, Commercial, and Others
4.5: ROW Electric Mop Market
4.5.1: ROW Electric Mop Market by Type: Steam and Spray
4.5.2: ROW Electric Mop Market by Application: Residential, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electric Mop Market by Type
6.1.2: Growth Opportunities for the Global Electric Mop Market by Connectivity
6.1.3: Growth Opportunities for the Global Electric Mop Market by Sales Channel
6.1.4: Growth Opportunities for the Global Electric Mop Market by Application
6.1.5: Growth Opportunities for the Global Electric Mop Market by Region
6.2: Emerging Trends in the Global Electric Mop Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Electric Mop Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Mop Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Black & Decker
7.2: Bissel
7.3: KARCHER
7.4: Nilfisk
7.5: Tennant
7.6: HAAN
7.7: Kingbest Electric
7.8: Tornado
7.9: Haier
7.10: Shinil
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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