Global Electric Mop Market, By Mop Type (Flat Type, Spiral Type, Others), Product Type (Steam Mop, Spray Mop), Connectivity (Wired, Cordless), Application (Residential, Commercial), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2029.
Electric Mop Market Analysis and Size
The increasing levels of home automation in developed countries will remain the primary factor for the consumption of electric mops in the coming years. The global industry shipments are the primary factor for the sale of the electric mop and are expected to reach over 2 million units by 2026. Moreover, several advantages offered by electric mops, such as enhanced cleaning capabilities and reduction in manual efforts, have been essential contributors to the market growth.
The global electric mop market was valued at USD 3.61 billion in 2021 and is expected to reach USD 14.23 billion by 2029, registering a CAGR of 18.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
Electric Mop Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Mop Type (Flat Type, Spiral Type, Others), Product Type (Steam Mop, Spray Mop), Connectivity (Wired, Cordless), Application (Residential, Commercial), Distribution Channel (Online, Offline)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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BLACK+DECKER (U.S.), Haier lnc. (China), HAAN Corporation (Canada), BISSELL (U.S.), TTK Prestige Ltd (India), Tennant Company (U.S.), Myelicto (U.S.), Procter & Gamble (U.S.), ECOVACS (China), Shinil Industrial Co., Ltd. (South Korea), L.G. Electronics (South Korea), iRobot Corporation (U.S.), Proscenic (China), Samsung (South Korea), Neato Robotics, Inc., (U.S.), Matsutek Co. Ltd. (Taiwan), SharkNinja Operating LLC (U.S.), bObsweep (Canada), Taurus Group (Spain), Miele & Cie. K.G. (Germany) and A.B. Electrolux (Sweden)
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Market Opportunities
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Market Definition
An electric mop is a floor-mopping and sweeping device which works on electricity. It is an alternative to the traditional mopping and sweeping system. An electric mop is made up of a cleaning pad, a power cord, a cleaning solution tank, and a handle. Cleaning pads of electric mops are reusable and washable. These mops are available both with or without a power cord. The handle on the mop is easy to move. Electric mops come with scrub and soft cleaning pads for scrubbing and cleaning floors. These mops have an extensive range of properties that differ from manufacturer to manufacturer.
Global Electric Mop Market Dynamics
Drivers
- Increasing requirement for electric mop
The electric mop is becoming more popular in both household and commercial sectors. Electric mops are extensively used for mopping and sweeping sealed floor surfaces made from linoleum and vinyl hardwood. These devices are equipped with swivel steering handles, allowing easy maneuvering to mop and sweep floors and avoid hurdles. Electric mops are an effective option to the traditional style of mopping and sweeping by using a bucket, broom, mop, and water. They also help to speed up the cleaning process and save time. These electric mop has taken minimum time for household activities which are expected to drive the growth of the electric mop market.
- Growing demand for electric mop in household activities
Reduction in household activities by using this electric mop is the major factor anticipated to boost the growth of the electric mop market. Modern household devices or equipment are becoming more electric and computerized, thus offering less time and suitability for house chores. The growing demand for an electric mop in household activities is expected to upsurge the market's revenue growth.
Furthermore, the growth in the working population, rising purchasing power, and developing number of smart homes are other major factors that will further drive the growth rate of the electric mop market.
Opportunities
- Rising demand for advanced electric mops
The demand for cordless electric mops is anticipated to rise in the upcoming period. This can be recognized due to the ease of operation of cordless electric mops compared to electric mops with a cord. Moreover, an electric mop with a remote control feature is another type of electric mop also available in the market. The electric mop market consists of a huge number of medium and small market players. Manufacturers of electric mops promote the sale of the product via online mediums. The major market players in the electric mop market are highly focusing on introducing easy-to-use and lightweight electric mops to meet consumer necessities and areas of application.
Furthermore, the easy availability of an extensive range of electrical mop products and increased focus on evolving advanced technology such as robotics mops are expected to bring several opportunities which will lead to the electric mop market growth during the forecast period.
Restraints/Challenges
- High cost associated with an electric mop
The high installation and maintenance costs could stifle the growth and expansion of the electric mop market. This factor will create many limitations and hinder the growth of the electric mop market during the forecast period.
Moreover, the easy availability of other floor cleaning equipment is projected to be a major restraining factor for the electric mop market. In contrast, using electric mops on wooden floor can cause swell and buckle and challenge the market during the forecast period.
This electric mop market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric mop market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Electric Mop Market
The outbreak of coronavirus harmed the electric mop market. The government across several economies enforced temporary lockdowns, which caused the shutdown of the manufacturing facilities. The economic downturn led to decreased consumer spending on discretionary products during the pandemic.
Global Electric Mop Market Scope
The electric mop market is segmented on the basis of mop type, product type, connectivity, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Mop Type
- Flat Type
- Spiral Type
- Others
Product Type
- Steam Mop
- Spray Mop
Connectivity
- Wired
- Cordless
Application
- Residential
- Commercial
Distribution Channel
- Online
- Offline
Electric Mop Market Regional Analysis/Insights
The electric mop market is analysed and market size insights and trends are provided by country, mop type, product type, connectivity, application and distribution channel as referenced above.
The countries covered in the electric mop market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of revenue and shares due to increasing demand for commercial cleaning services, mainly in Canada and the U.S., and the high presence of several established significant market players in this region.
Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029 due to the inclination of the consumers towards spend on added value, innovation in the product offerings, and rising demand for innovative products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electric Mop Market Share Analysis
The electric mop market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electric mop market.
Some of the major players operating in the electric mop market are
- BLACK+DECKER (U.S.)
- Haier lnc. (China)
- HAAN Corporation (Canada)
- BISSELL (U.S.)
- TTK Prestige Ltd (India)
- Tennant Company (U.S.)
- Myelicto (U.S.)
- Procter & Gamble (U.S.)
- ECOVACS (China)
- Shinil Industrial Co., Ltd. (South Korea)
- L.G. Electronics (South Korea)
- iRobot Corporation (U.S.)
- Proscenic (China), Samsung (South Korea)
- Neato Robotics, Inc., (U.S.)
- Matsutek Co. Ltd. (Taiwan)
- SharkNinja Operating LLC (U.S.)
- bObsweep (Canada)
- Taurus Group (Spain)
- Miele & Cie. KG (Germany)
- AB Electrolux (Sweden)
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