Household Mops Market Size By Type (Steam mop, Spin mop, Microfiber Mop, Magiclean wiper mop, and Others), By Application (Commercial and Home) & Region – Forecasts
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 219
- CATEGORY
- Retails & Consumer
A household mop is referred to as a type of floor cleaning equipment that comprises of a handle and an absorbent cloth or pad. The pad is predominantly used to soak up the liquid for the floor. These mops are mostly made of microfiber or cotton. Wet mops are one of the commonly adopted household mops owing to their efficient and easy to use nature. Apart from that, electric, steam, and spin mops are also gaining traction across households.
Global Household Mops Market- Overview
The global household mops market is anticipated to amplify at a CAGR of 3.9% over the forecast duration of 2022-2030.
The increasing hygiene consciousness of the masses, escalating demand for natural floor cleaning solutions, and widespread urbanization are primarily augmenting the outlook of this marketplace.
Furthermore, rising trends of cleaning services outsourcing in developed nations is creating lucrative opportunities for this business sphere.
Also, surging income levels of the masses, changing lifestyle trends of individuals, and growing focus of industry players to develop and launch innovative products in the field are adding momentum to the progression of this industry vertical.
On the contrary, wide availability of substitutes and counterfeit products is hindering the remuneration scope of this marketplace.
Global Household Mops Market- Key trends
Emergence of the coronavirus pandemic to fuel market growth
The onset of the COVID-19 pandemic has escalated the demand for household mops. According to healthcare experts, the virus spread can be contained by maintain proper hygiene in households and in the areas surrounding us. This in turn has pushed individuals to regularly clean their houses with environment friendly cleaners. Thus, there has been a widespread adoption of household mops since the emergence of the coronavirus pandemic.
Rise in the disposable income of individuals to aid industry expansion
Various nations are witnessing a widespread socio-economic developments owing to globalization, increasing trade activities, and rising literacy rates among others. This has further created ample employment opportunities for people, thereby increasing their per capita income levels. Affluent people can easily afford high quality household mops. This in turn is stimulating the overall dynamics of this business vertical.
Global Household Mops Market- Segmental assessment
By Type
• Steam mop
• Spin mop
• Microfiber Mop
• Magiclean wiper mop
• Others
The microfiber mop segment is poised to amass notable gains over the stipulated timeline owing to its efficient and cost effective nature.
By Application
• Commercial
• Home
The home segment is anticipated to generate significant returns over the forecast duration ascribing to the increasing cleanliness and hygiene consciousness of the masses.
Global Household Mops Market- Geographical landscape
The major regions constituting the geographical gamut of this market vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is attributable to the increasing health and hygiene consciousness among the masses, presence of key players, along with growing per capita income levels.
Global Household Mops Market- Competitive Hierarchy
The prominent players operating the marketplace are Bissell, HAAN Corporation, TTI, Shark, SALAV, Black & Decker, KARCHER, UONI, Deerma, 3M Scotch, Suzhou EUP, Zhejiang Huaguang, Ariete, TOPOTO, Bekahos, Kao Japan, Swiffer, and MUJI.
Report scope
Global Household Mops Market-: Historical Trends- 2018-2021
Global Household Mops Market-: Forecast Years- 2022-2030
Global Household Mops Market CAGR- 3.9%
Key segments covered-
• By Type (Steam mop, Spin mop, Microfiber Mop, Magiclean wiper mop, and Others)
• By Application (Commercial and Home)
Major regions and countries reported-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Bissell, HAAN Corporation, TTI, Shark, SALAV, Black & Decker, KARCHER, UONI, Deerma, 3M Scotch, Suzhou EUP, Zhejiang Huaguang, Ariete, TOPOTO, Bekahos, Kao Japan, Swiffer, and MUJI.
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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