Wet Vacuum Cleaner Market

Market Overview

The global wet vacuum cleaner market size was valued at USD 1,345.09 million in 2023. It is estimated to reach USD 1,972.22 million by 2032, growing at a CAGR of 4.9% during the forecast period (2024–2032).

A wet vacuum cleaner is a cleaning tool to gather dry dust and liquid spills. Heavy-duty tasks were typically handled by wet vacuum cleaners, mostly in the commercial sector. Manufacturers have created modern, compact wet vacuum cleaner models in various sizes for domestic use. Furthermore, the wet vacuum cleaner's structure and design have significantly changed due to technological advancements and the rising demand for convenient and time-saving cleaning tools. Also, they are readily available to customers through different distribution channels, such as hypermarkets and supermarkets, specialty shops, online retailers, and others.

Market Dynamics

Global Wet Vacuum Cleaner Market Drivers:

High Demand in the Commercial Sector

The commercial wet vacuum cleaner is used in various industries, including hotels, restaurants, food and beverage, pharmaceutical, and other industries, for general cleaning tasks. This is because wet vacuum cleaners can easily collect all types of liquid, powder, and microscopic dust particles produced in large quantities that can contaminate products such as delicate electronics components, food, pharmaceutical products, and others. In addition, wet vacuum cleaners provide a quick and simple cleaning solution for a sizable commercial space and time, energy, and labor savings. Therefore, wet vacuum cleaners are in high demand in the commercial sector. As a result, the market for wet vacuum cleaners is expanding in terms of value sales.

Superior Performance Compared to a Regular Vacuum Cleaner

Wet vacuum cleaners are much more adaptable and versatile than standard vacuum cleaners. Wet vacuum cleaners, in contrast to conventional vacuum cleaners, have two distinct compartments that can be used to collect both wet spills and dry dust. They also come with a waterproof spill collector. Additionally, they are made to be applied to lawns and indoor spaces. These wet vacuum cleaners are quicker at removing dust and debris with less effort and can double as a mop and broom. Therefore, they are becoming increasingly prevalent with end-users, fueling the market for wet vacuum cleaners.

Global Wet Vacuum Cleaner Market Restraints:

Increasing Number of Fake Goods

One of the biggest underground industries, the sale of counterfeit goods, is expanding quickly globally. A significant portion of this expanding black market comprises counterfeit household and personal care products. These fake wet vacuum cleaners are easily accessible on the market and cost less than genuine goods. In addition, the quick rise of e-commerce has been partially blamed for the rise in fake home appliances, including wet vacuum cleaners. Regarding sales and brand reputation, the growing production and distribution of these fake wet vacuum cleaners have caused serious issues for vacuum cleaners. This impedes the market expansion for wet vacuum cleaners.

Global Wet Vacuum Cleaner Market Opportunities:

Quickly Expanding Online Platform

E-commerce, also known as online retail, is a rapidly expanding industry worldwide. Customers of all ages, including members of Generation X, millennials, and Generation Z, enjoy shopping at various e-stores. The increased number of retailers focusing on e-commerce makes it easier for customers to find anything online than in physical stores, making online shopping more convenient than physical shopping establishments. Therefore, it is anticipated that the growing importance of the digital world and the proportion of people who prefer to shop online will offer fantastic opportunities for wet vacuum cleaner manufacturers to advertise their products through online platforms, helping to raise user awareness of the wet vacuum cleaner, provide product information, and make these wet vacuum cleaners easily accessible to users abroad. It is anticipated that this fact will spur the expansion of the wet vacuum cleaner market over the forecast period.

Regional Analysis

Based on regions, the global wet vacuum cleaner market is divided into North America, Europe, Asia-Pacific, and LAMEA.

North America Dominates the Global Market

North America is the most significant global wet vacuum cleaner market shareholder and is anticipated to grow at a CAGR of 3.3% during the forecast period. The global market is being researched in the U.S., Canada, and Mexico. North America has the most developed market due to an increased number of consumers who are increasingly concerned with maintaining hygiene, health, and safety at home and work. Due to the busy lifestyles of consumers, there is a higher-than-average demand for small and large household appliances in this region compared to other regions. Customers are therefore looking for high-tech devices that are user-friendly, timesaving, and more convenient to use. Additionally, wet vacuum cleaners are typical in American homes of the middle class. In Canada, upright vacuum cleaners are present in about 80% of homes. One of the top companies in Canada for floor care, BISSELL has a broad product line and distribution network.

Europe is anticipated to exhibit a CAGR of 3.6% over the forecast period. The global market of wet vacuum cleaner is analyzed in Germany, France, the UK, Italy, Spain, and the rest of Europe. The market for wet vacuum cleaners in this area is expanding due to economic recovery and innovation. Germany, Finland, Italy, and Sweden are among the top nations with a high robot density. In terms of household vacuum cleaner adoption, Europe is a significant region. The implementation of the new European Directive on the energy efficiency of vacuum cleaners in September 2014 inspired manufacturers to release a wet, battery-operated vacuum cleaner with IOT features. In addition, middle-class to affluent households, restaurants, and workplaces in the European region are increasingly utilizing robotic wet vacuum cleaners. As industrialization and construction activities increased in this area, the market for wet vacuum cleaners gradually expanded in the commercial sector. Additionally, market players like Dirt Devil & Vax and Royal Appliance International GmbH, who provide cutting-edge wet vacuum cleaners with appealing designs, are assisting in fueling the market's expansion in this area.

China, India, Australia, New Zealand, Japan, and the rest of Asia-Pacific are all included in studies of the wet vacuum cleaner market in the region. The trend toward dual-earner households and rising living standards are anticipated to aid in the region's expansion. Due to increased automation opportunities, nations like India and Taiwan are drawing foreign manufacturers. The Asian population's growing concern with hygiene has also contributed to an increase in household cleaning equipment. The vacuum cleaner industry has seen promising growth in the Asia-Pacific region. High levels of automation and active R&D in many nations, including Japan, China, India, and South Korea, are credited with this growth. Robotics-enabled devices are becoming increasingly popular in the Asia-Pacific region's residential and commercial sectors, motivating manufacturers to spend money on R&D and release new products to satisfy consumers' expanding needs.

Latin America and the Middle East and Africa are all studied for their wet vacuum cleaner markets. Due to its wide selection of wet vacuum cleaners in all price ranges, Electrolux do Brazil SA is the dominant player in the Brazilian market. A growing number of customers are using vacuum cleaners regularly in their homes, offices, and restaurants in this area due to rising hygiene concerns. The United Arab Emirates had the worst air quality in the world, according to a World Bank report released in 2015. High carbon dioxide emissions related to the production of cement and automobiles, power generation and desalination, heavy traffic, and sandstorms all contribute to increased air pollution. As a result, customers have more reason to be concerned about establishing and maintaining hygiene in this space. The region's consumers' attention to allergies and respiratory health is anticipated to support market growth for wet vacuum cleaners over the forecast period.

Segmental Analysis

The global wet vacuum cleaner market is segmented by product type, type, weight, technology, application, and distribution channel.

Based on product type, the global market is bifurcated into cordless and wired.

The wired segment is the largest contributor to the market and is expected to exhibit a CAGR of 3.5% over the forecast period. The typical type of corded wet vacuum cleaner is wired or corded. Even though it operates by connecting to the main electricity, the corded wet vacuum cleaner does not run on batteries. In addition, these corded wet vacuum cleaners cost less than comparable cordless models on the market. Since plugged into the mains unit, wired vacuum cleaners have stronger suction power and longer runtime. Thus, wired vacuum cleaners can collect more dust than cordless wet vacuum cleaners.

The wired wet vacuum cleaner also has a larger storage capacity for storing spilled liquids and dust. As a result, it can vacuum for longer without having to empty it frequently and produces excellent cleaning results. For cleaning large industrial spaces, corded wet vacuum cleaners are more common in the commercial sector, particularly manufacturing. This is a result of their strong suction and storage capabilities. Therefore, the market is seeing an increase in demand, fueling the wired wet vacuum cleaner market's expansion in value sales.

Based on type, the market is categorized into cylinder, handheld, upright, stick, robotic, backpack, and others.

The "Upright" type of wet vacuum cleaners is a significant subsegment within the wet vacuum cleaner market. These vacuum cleaners are designed in an upright, vertical form, making them quite popular for both residential and commercial applications. Further, the majority of upright wet vacuum cleaners have sizable dirt and water reservoirs, which minimizes the need for routine emptying and refilling.

Based on application, the global market is bifurcated into residential and commercial.

The commercial segment owns the highest market share and is anticipated to exhibit a CAGR of 3.6% over the forecast period. HoReCa, manufacturing, and other commercial sectors are in the wet vacuum cleaner market. Due to the increased health benefits for their employees, concerns about creating and maintaining a clean environment are significantly increasing in the commercial sector. Further, a tidy workplace improves worker or employee productivity. As a result, commercial sectors are putting more of an emphasis on maintaining a clean and sanitary environment. In order to collect both liquid and solid wastes and provide a quick and simple cleaning method for large industrial areas, restaurants, offices, and other spaces, many manufacturers of industrial cleaning equipment offer industrial wet vacuum cleaners with high suction power. This helps to conserve time, energy, and manpower. As a result, the demand for wet vacuum cleaners in the commercial sector rises, which in turn helps to fuel the market's expansion.

Based on the distribution channel, the global market is bifurcated into online and offline.

In 2023, the offline segment is the largest contributor to the market. The offline segment includes specialty stores, supermarkets/hypermarkets, and others. A conventional store offers a huge selection of carefully categorized and arranged on wide shelves, including food and household goods, cosmetics, and other items. These goods are categorized and placed on shelves with placards listing their specifications and costs. In addition, supermarkets and hypermarkets typically cover a large space and feature a variety of brands in a single location. For added convenience and accessibility, they are specifically placed close to residential areas. Hypermarkets and supermarkets are becoming increasingly popular due to the availability of various consumer goods under one roof, ample parking, and convenient operating hours. A

A conventional store that has been expanded to include a self-service area is known as a supermarket or hypermarket. It offers a huge selection of carefully categorized and arranged on wide shelves, including food and household goods, cosmetics, and other items. These goods are categorized and placed on shelves with placards listing their specifications and costs. In addition, supermarkets and hypermarkets typically cover a large space and feature a variety of brands in a single location. For added convenience and accessibility, they are specifically placed close to residential areas. Hypermarkets and supermarkets are becoming increasingly popular due to the availability of various consumer goods under one roof, ample parking, and convenient operating hours.

Additionally, the popularity of hypermarkets is rising in both developed and developing regions due to increased urbanization, an increase in the population of the working class, and competitive pricing. Further, these shops provide a variety of brands in a specific product category, like wet vacuum cleaners, giving customers more options to purchase the wet vacuum cleaner of their choice. Additionally, the store employees demonstrate the machines' operation and explain their features, among other things. Customers can benefit from scanning wet vacuum cleaners of various types and brands in addition to this. The presence of store associates who can assist customers in selecting the appropriate item and offer product knowledge supports the segment's growth.

Recent Developments

• April 2023- INALSA expanded its current range of vacuum cleaners by launching three new models of wet and dry vacuum cleaners. These vacuum cleaners are launched in 3 capacities, namely, 12 Ltr, 20 Ltr & 25 Ltr, and all come with stainless steel tanks.
• August 2022- UWANT announced the official global launch of the all-new X100 cordless all-in-one wet dry vacuum cleaner. Featuring patented double roller technology, a patented pet hair-cutting device, and long battery life, the all-new products are currently available for preorder via the UWANT website for USD 429.