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Latin America Floor Cleaning Equipment Market Outlook, 2026

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    Report

  • 64 Pages
  • June 2021
  • Region: Latin America
  • Bonafide Research
  • ID: 5401698
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Floor cleaning machines are designed in a way that they clean floors, carpets, and rugs using methods like scrubbing, suction, and others, more efficiently when compared to manual cleaning. The research report titled Latin America Floor Cleaning Equipment Market Outlook, 2026 categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Vacuum Cleaner, Floor Scrubber, Floor Sweeper, Others), based on application (Residential & Commercial), based on countries & major companies.

Latin America is the least contributing region globally, which valued at USD 0.45 Billion in 2015, contributing to merely a single-digit share of the global market. The overall market in Latin America is growing due to the rising awareness of both chronic and acute diseases, which is leading to a greater hygiene and health consciousness among the people in the region. During the forecasted period, the Latin America floor cleaning equipment market is expected to exhibit a CAGR of over 8%. The demand for products with higher performance and environmental-friendly characteristics is gradually increasing in the region. Since most of the countries in the region are still backward economically, they tend to use cheaper products. The people in Latin America, therefore, prefer cleaning equipment that is affordable and environmentally friendly.

The vacuum cleaner segment in the region accounted for more than 65% of the market share in 2015, declining marginally ever since, still dominating the market. The rising standards of living and growing disposable incomes are also driving the industry forward in the region. The region’s large population of under-30-year olds with rising spending power is also driving the industry growth. The cordless electric brooms, robot cleaners, and other newer cleaning equipment in the region are expected to gain popularity attributing to their ease of use & sustainability. These products classified under the other segment are expected to grow over with an anticipated CAGR of 10.28%.

The increasing health and hygiene consciousness, especially among the younger consumers, is propelling the industry growth for the residential use of these products. The online availability of floor cleaning products makes them more accessible to a larger population, thus, further aiding the growth of the Latin American market. The residential use of floor cleaning equipment is anticipated to grow over 12% through the forecasted period. The increase in the innovations of products and the penetration of multiple brands in the region have supported the growth of the Latin American market. The diversification of products available has led to an increased demand for these goods in the region. The commercial use of these products is high in the region which held a market of 85% throughout.

Brazil is the leading country in Latin America which is being aided by the recovering economy. The country represents lucrative expansion chances for the major global players. Brazil, along with Argentina accounted for more than half of the region’s market share, both declining in terms of share. With an expansion in the hospitality and construction sector, the market floor cleaning equipment is expected to bloom in the region. In the region, companies are coming up with renting facility of cleaning equipment rather than purchase for the corporates is the opportunity for the cleaning equipment market. Leading companies in the region are Nilfisk Group, Alfred Kärcher GmbH & Co. KG, Amano Co., Diversy, Dyson, EUREKA, iRobot, Miele, Electrolux, etc.

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For this study, the publisher has segmented the Latin America Floor Cleaning Equipment Market report based on product, technology, end users, and region:

CONSIDERED IN THE REPORT

  • Geography: Latin America
  • Base year: 2020
  • Historical year: 2015
  • Forecasted year: 2026

REGIONS COVERED:

  • Latin America
  • Brazil
  • Argentina
  • Colombia

ASPECTS COVERED IN THE REPORT

  • Market Size by Value for the time period (2015-2026F)
  • Market Share by Product (Vacuum Cleaner, Floor Scrubber, Floor Sweeper, Others)
  • Market Share by Application (Residential & Commercial)
  • Market Share by Region
  • Market Share by Country
  • Market Share by Company

Table of Contents

1. Executive Summary2. Report Methodology
3. Global Cleaning Equipment Market Outlook
3.1. Market Size by Value
3.1.1. By Product
3.1.2. By Type
3.1.3. By Region
3.1.4. By Country
4. Latin America Cleaning Equipment Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Product
4.2.2. By Type
4.2.3. By Country
4.3. Brazil Cleaning Equipment Outlook
4.3.1. Market Size by Value
4.3.2. Market Share by Product Type
4.4. Argentina Cleaning Equipment Outlook
4.4.1. Market Size by Value
4.4.2. Market Share by Product Type
4.5. Columbia Cleaning Equipment Outlook
4.5.1. Market Size by Value
4.5.2. Market Share by Product Type
5. Market Dynamics
5.1. Key Drivers
5.2. Key Challenges
6. Market Trends and Developments
6.1. Walk behind scrubbers and ride-on feature
6.2. Quiet mode, automated dustpans, and HEPA filter
6.3. Robotic vacuums
6.4. Cleaning services applications
6.5. Energy Efficient
7. Company Profiles
7.1. Alfred Karcher GmbH & Co. KG.
7.2. Amano Corporation
7.3. Diversey
7.4. Dyson
7.5. Eureka S.p.A. Unipersonale Inc.
7.6. iRobot
7.7. Miele
7.8. Company Overviews
7.8.1. Bisselle
7.8.2. Electrolux AB
7.8.3. Hoover
7.8.4. Nilfisk
7.8.5. Panasonic
8. Strategic Recommendations9. Disclaimer

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alfred Karcher GmbH & Co. KG. Group
  • Amano Corporation
  • Diversey Inc.
  • Dyson Limited
  • Eureka S.p.A. Unipersonal Inc.
  • iRobot
  • Miele