The global floor cleaning machines market size was valued at 5.6 billion in 2021 is projected to reach 8.2 billion by 2031, growing at a CAGR of 4.3% from 2023 to 2031
Floor cleaners are equipment used to prevent infections arising from germs and bacteria and are extensively used in home floors, restaurants, hospitals, and manufacturing industries to prevent harmful infections and diseases. The floor scrubbers are available in two types: the ride-on scrubbers and walk-behind scrubbers. The walk-behind scrubbers have gained popularity due to low price and high effectiveness. Similarly, vacuum cleaners such as the robotic vacuum have been gaining popularity in the last few years.
Healthcare spending has increased at a significant rate in developing countries to offer better healthcare. Rising spending power and increasing awareness regarding health and wellbeing drive market growth. As per the statistics of the World Health Organization (WHO), the global spending on health grew from USD 7.6 trillion in 2016 to USD 7.8 trillion in 2017. The below info-graph depicts the real growth by country income group in 2000–2017.
Rising awareness about sanitization and personal hygiene, couples with stricter government regulations provide an impetus to the market growth. In 2017, around 2 billion people lacked basic sanitation and the number is anticipated to rise in developing and under-developed economies, as recorded by the United Nations. The rising prevalence of infectious diseases has compelled the customers to employ disinfectants at their homes, further driving the market growth. As per the NCBI, globally, about 121,000 people are affected with HAI every year. As per Center of Disease Control and Prevention (CDC). In the U.S., about 42,743 people die of Lyme disease every year. In line with this, the manufacturers are adopting aggressive strategies such as product bundling and online advertising to gain a competitive edge in market growth.
Emerging economies in the Asia-Pacific offer ample of opportunities for the floor cleaners market growth. The region is home to about 60% of the world’s population, which are about 4.3 billion people. Thus, increasing population, favorable government regulations, and rapid industrialization provide an impetus to the market growth. Since the year 2000, the lower middle and upper-middle-income countries have consistently increased their share of global spending, contributing about 19% of the global spending in 2017. Rising disposable income is subsequently surging the demand for floor cleaners in the region.
The region also houses the largest population suffering from chronic diseases, thus prompting the need for advanced floor cleaners. As per the NCBI, currently, over 92 million people in China have diabetes. The World Health Organization (WHO) is working with the regional government to address the rising prevalence of such diseases and raise awareness regarding hygiene, further driving the market growth. For instance, in Thailand, the Ministry of Public Health of Thailand in collaboration with the WHO, established a Working Group on Macroeconomics and Health for the diagnosis of various health problems.
Study Period | 2019-2031 | CAGR | 4.3% |
Historical Period | 2019-2021 | Forecast Period | 2023-2031 |
Base Year | 2022 | Base Year Market Size | USD XX Billion |
Forecast Year | 2031 | Forecast Year Market Size | USD 8.2 Billion |
Largest Market | Asia Pacific | Fastest Growing Market | Europe |
Asia-Pacific is expected to register the highest growth rate in the floor cleaners market. The COVID-19 outbreak has prompted panic buying of sanitization products to maintain hygiene and avoid the spread of the virus. The region is home to the largest healthcare sector, with China, India, and Vietnam, accounting for about 96,672 hospitals. The doctors and staff members at healthcare facilities are highly prone to infections caused due to unhygienic conditions. As per the CDC report data, approximately one in every 25 patients acquire healthcare-associated infection (HAI), which is responsible for about 722,000 infection cases and 75,000 deaths across the globe, further prompting the need for floor cleaners.
Food & beverage is the leading industry in Europe, accounting for about USD 12 billion of global external trade, which is about 18%. The region is backed by the resurgent investments in R&D activities worth around USD 3.2 billion. Thus, it is paramount for the employees working in the food and beverage industry to maintain hygiene. Restaurants, hotels, and other food and beverages sector are stringently following the sanitization criteria to offer the best quality food with utmost hygiene amidst the coronavirus outbreak. Thus, the growing food & beverage industry is expected to drive the demand for floor cleaners.
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
The hospitals segment dominates the floor cleaners market as they are the largest users of floor cleaners, given the strict sanitation and hygiene practices guarding the hospitals and nursing homes. The COVID-19 outbreak has surged the sales of floor cleaners, especially in hospitals and other healthcare facilities. Hospitals require proper hygiene as it can cause healthcare-associated infections and other life-threatening infections, further rising the demand for floor cleaners to maintain hospital hygiene. As per the World Health Organization, doctors and nurses are at the highest risk of contracting infections.