Floor Cleaning Equipment Market to Grow with a CAGR of 5.1% Globally through 2028
Rising awareness of hygiene and increasing demand from
commercial sector are driving the Global Floor Cleaning Equipment Market in the
forecast period 2024-2028.
According to TechSci Research report, “Global Floor
Cleaning Equipment Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Floor Cleaning Equipment
Market stood at USD 5.82 Billion in 2022 and is anticipated to grow with a CAGR
of 5.1% in the forecast period, 2024-2028. The global floor cleaning equipment
market is a dynamic and rapidly evolving sector within the broader cleaning
industry. It encompasses a wide range of equipment designed to clean and
maintain various types of flooring surfaces, including carpets, tiles,
concrete, and hardwood. From small handheld vacuum cleaners to large industrial
floor scrubbers, this market serves a diverse array of industries and applications.
An overview of the global floor cleaning equipment market reveals several key
trends and factors that are shaping its growth. One of the primary drivers of
this market is the increasing emphasis on hygiene and cleanliness, a trend that
has been accelerated by the ongoing COVID-19 pandemic. Businesses,
institutions, and individuals alike have heightened awareness of the importance
of maintaining clean and sanitized environments to prevent the spread of
viruses and illnesses. This has led to a surge in demand for floor cleaning
equipment that can deliver efficient and effective cleaning solutions.
Another significant driver is the need for labor and
time efficiency. In today's fast-paced world, businesses and organizations seek
ways to optimize their operations and reduce operational costs. Floor cleaning
equipment, such as automatic floor scrubbers and sweepers, offers a more efficient
and time-saving alternative to manual cleaning methods. These machines can
cover large areas quickly and effectively, reducing the amount of labor
required for cleaning tasks. In industries where time-sensitive operations are
critical, such as manufacturing and warehousing, these machines are essential
for maintaining cleanliness while maximizing productivity. Stringent
regulations and standards in various industries further propel the demand for
advanced floor cleaning equipment. Industries such as healthcare, food
processing, and pharmaceuticals are subject to strict cleanliness requirements
to ensure the safety and quality of their products and services. Compliance
with these regulations is not only essential for legal reasons but also for
maintaining a positive reputation. As a result, organizations in these sectors
invest in specialized floor cleaning equipment to meet and exceed the required
cleanliness standards.
Environmental sustainability is another crucial factor
influencing the global floor cleaning equipment market. With increasing
concerns about environmental impact and sustainability, manufacturers are
developing eco-friendly and sustainable cleaning solutions. This includes
equipment with features like reduced water consumption, energy-efficient
designs, and the use of environmentally friendly cleaning agents.
Battery-powered floor cleaning equipment, which reduces emissions and provides
a more sustainable alternative to gas-powered machines, is also gaining
popularity. Customers increasingly prefer equipment that not only cleans
effectively but also minimizes its environmental footprint.
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Technological advancements have significantly improved
the performance and capabilities of floor cleaning equipment. Innovations such
as smart sensors, automated navigation systems, and remote monitoring have made
these machines more efficient and user-friendly. For example, autonomous
cleaning robots can navigate and clean spaces autonomously, while remote
monitoring allows facility managers to track cleaning progress and schedule
tasks efficiently. These technological innovations are attracting customers looking
for state-of-the-art cleaning solutions, further boosting market growth.
In conclusion, the global floor cleaning equipment
market is characterized by its response to key drivers such as the increasing
emphasis on hygiene and cleanliness, the need for labor and time efficiency,
stringent regulations, a growing focus on environmental sustainability, and
continuous technological advancements. These factors collectively contribute to
the growth and evolution of this dynamic industry. Manufacturers in this sector
must continue to innovate and adapt to meet the evolving demands of customers
across various industries and regions.
The Global Floor Cleaning Equipment Market is
segmented into product type, application, distribution channel, regional
distribution, and company.
Based on product type the market is segmented into floor
scrubber, vacuum cleaner, floor sweeper, others. The global floor cleaning equipment
market has witnessed a notable surge in demand for floor scrubber equipment.
This trend is primarily driven by the growing awareness of hygiene and
cleanliness, increased emphasis on labor and time efficiency, and stringent
regulations in industries requiring thorough and efficient floor cleaning,
making floor scrubbers a key player in meeting these demands.
Based on application the market is segmented into residential
and commercial.
Based on distribution channel the market is segmented
into offline and online.
Based on region the market is segmented into five
regions, North America, Europe, Asia Pacific, Middle East & Africa, and
South America.
Major companies operating in Global Floor
Cleaning Equipment Market are:
- Nilfisk Group
- Alfred Kärcher GmbH & Co. KG
- Tennant Company
- Hako Group
- EUREKA S.p.A.
- International Cleaning Equipment
- Comac SpA
- Minuteman International, Inc.
- Denis Rawlins
- Bortek Industries, Inc.
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“Product innovation is a significant trend that is
expected to have an impact on growth over the forecasted period. Rising
disposable income, increasing demand from commercials sector, and rising
awareness of hygiene will positively impact the Global Floor Cleaning Equipment
Market. Due to the wide range of products available to meet specific needs of,
as well as the growing popularity of the online distribution channel, the
market is growing at impressive rate through projected period,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Floor
Cleaning Equipment Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, Segmented By Product Type (Floor Scrubber, Vacuum Cleaner, Floor
Sweeper, Others), By Application (Residential, Commercial), By Distribution
Channel (Offline, Online), By Region, By Competition, 2018-2028”,
has evaluated the future growth potential of Global Floor Cleaning Equipment
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Floor Cleaning
Equipment Market.
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