Categories: Press Release

Global Steam Cleaner Market worth $6.2 billion by 2030, at CAGR of 8.1% – IndustryARC

According to the latest market research report on the Global Steam Cleaner Market, published by IndustryARC.During the projected period, it is predicted that the worldwide market for steam cleaners willincrease due tothe demand for efficient and eco-friendly cleaning solutions.

The Global Steam Cleaner Market research report is segmented ByType (Fully Automatic and Semi-Automatic), By Product Type (Upright, Canister, and Handheld); By Power Source (Cord and Cordless); By End Users (Industrial, Car Cleaning, Food Processing, Winery & Brewery, Commercial and janitorial, Weed Removal, Facility Maintenance, and Others) andBy Geography, which providesa comprehensive analysis of global market & industry forecast (2024 – 2030).

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Asia Pacific Anticipated to Show the Fastest Growth in the Market:

Asia Pacific is estimated to be the fastest-growing region in the Steam Cleaner Market. With the increasing focus on cleanliness and hygiene, steam cleaners have gained popularity as effective and eco-friendly cleaning solutions. Several factors contribute to the growth of the steam cleaner market in APAC. The rising disposable income in countries like China, India, and Japan has increased demand for household appliances, including steam cleaners.For instance, according to OICA in 2022, in China, the overall car production was 238,36,083. The rise in the production of cars is in turn anticipated to drive the steam cleaner market.

Global Steam Cleaner Market 2024-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

8.1%

Market Size in 2028

$6.2 Billion

Segments Covered

Type,Product Type, Power Source, End-User,and Region

Geographies Covered

North America, Europe, Asia-Pacific, South America,and RoW

Key Market Players

  1. TECNOVAP
  2. T.P.A. IMPEX SPA
  3. GENERAL VAPEUR SRL (Menikini)
  4. SJE Corporation, Ltd.
  5. Bieffes.r.l.
  6. Lavorwash S.p.A.
  7. Elma Schmidbauer GmbH
  8. Steam Italy
  9. Goodway Technologies Corp.
  10. STI srl

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Global Steam Cleaner Market Report – Key Takeaways:

Fully Automatic Type is Leading the Market

The Fully Automatic segment dominated the steam cleaner market in 2023. An increase in demand for a clean and hygienic food processing environment and, a rise in the number of food-borne illnesses as well as microorganism-caused illnesses are driving the fully automatic steam cleaner market. Additionally, the increase in awareness about cleanliness and hygiene leads to a rise in demand for automatic steam cleaners’ market which helps in the rapid breakdown of contamination.

Using Technology Advancements to Innovate the Product is Poised to Increase the Global Steam Cleaner Market Growth

The market has begun a revolutionary path by incorporating anti-microbial technology into product design in response to the growing demand for enhanced hygiene practices. This innovative feature makes these cleaners more effective than just removing dirt and grime. These cleaners now provide an additional level of cleanliness and safety by greatly improving the eradication of dangerous microorganisms. This product finds a market niche in high-risk locations including healthcare institutions, food processing facilities, and other places where strict cleanliness requirements are necessary.

Accessibility of Cheap Manual Labor in Developing Nations may Hinder the Market

The market has significant difficulties due to the low cost of labor in emerging nations. Due to the availability of cheap labor, manual laborers like domestic helpers are preferred in nations like China and India over vacuum cleaners and steam cleaners. Additionally, low-cost manual laborers are preferred for cleaning commercial areas in the commercial sector. For instance, 40% of businesses globally use temporary workers in their facilities. The informal sector makes up a sizeable and significant component of the workforce and the economy in many developing nations in APAC.

The Growing Automotive Sector is Propelling the Market

The expanding automobile industry is driving the market for steam cleaners. The automotive market’s growth is also growing due to increased demand for luxury passenger cars, urbanization, and rising infrastructure spending in the economy. Because it uses only the power of steam to clean and sterilize vehicles, vehicle steam cleaning is very efficient. The pressed steam removes stains and grime without leaving behind any harmful residue. Additionally, steam is excellent for sterilizing a car’s challenging, challenging-to-reach regions. Air vents, upholstery grooves, and other areas can be readily and effectively steam cleaned. Because steam cleaning is the future of car washing, businesses can see the opportunity to create a successful enterprise.

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Key Opportunity Analysis:

Key Market Players Are Stepping Up R&D To Gain Market Share

Research & development endeavors have contributed to the market success of steam cleaners by enabling the introduction of numerous innovative new models. Global producers are creating new products and improving the current models to boost the efficacy of their offerings. The introduction of new, cutting-edge steam cleaners with longer battery life, more room memory, and more efficiency is predicted to be the market driver over the projection period. Technological advancement and changing consumer preferences are the two primary variables that are most likely to enhance the number of development opportunities in the market for steam cleaners.

Growing Demand for Online Retailing is an Opportunity for Global Steam Cleaner Market

Online shopping has become incredibly convenient thanks to the increasing use of cell phones and the Internet, which is encouraging consumer adoption. There are numerous global e-commerce platforms accessible worldwide. Globally, both the average amount of money spent online each transaction and the volume of online transactions are increasing.  The key elements promoting the popularity of the online retail channel are the rising number of Internet users and their mindset of being prepared to buy steam cleaners. The expansion of Internet use, rising consumer confidence and propensity for online shopping, the ease of quick shipping, and a large range of consumer goods all contribute significantly to the growth of the global e-commerce business.

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The Report also Covers the Following Areas:

  • Global Steam Cleaner Market Size and Forecast
  • Global Steam Cleaner Market Trends
  • Global Steam Cleaner Market Analysis by Type

Global Steam Cleaner Market 2022-2030: Key Highlights

  • CAGR of the market during the forecast period 2024-2030
  • Value Chain analysis of key stakeholders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Global Steam Cleaner market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Global Steam Cleaner Market

Covid and Ukrainian Crisis Impact:

  • The COVID-19 pandemic has caused significant disruptions in global supply chains which has impacted the availability and cost of raw materials as well as the transportation of finished products. This has resulted in increased lead times, reduced production, and higher costs. Additionally, the pandemic has caused delays in investment in new capacity and infrastructure which could impact the long-term supply and demand dynamics in the market.
  • The Ukraine and Russia conflict led to an increase in prices and a reduction in production which further led to a shortage of essential components. Many companies have shut business in Russia; temporarily shutting down their plants in Ukraine. Additionally, the crisis in Ukraine has also led to a reduction in investments in the global steam cleaner market as companies are hesitant to invest in a region that is facing political and economic instability. This could impact the long-term supply and demand dynamics of the market.

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List of Top Companies in the Global Steam Cleaner Market:

The global steam cleaner market is highly concentrated as the majority share is held by the leading Steam Cleaner providers. The key companies profiled are listed below:

  1. TECNOVAP
  2. P.A. IMPEX SPA
  3. GENERAL VAPEUR SRL (Menikini)
  4. SJE Corporation, Ltd.
  5. r.l.
  6. Lavorwash S.p.A.
  7. Elma Schmidbauer GmbH
  8. Steam Italy
  9. Goodway Technologies Corp.
  10. STI srl

Related Reports:

Industrial Vacuum Cleaner Market The Industrial Vacuum CleanerMarket is projected to grow at a CAGR of 5.5% by 2030due to the strict safety, health, and cleanliness laws across an array of sectors, the replacement of human cleaning techniques with technology vacuuming solutions, and the growing need for large-canister vacuums with strong suction.

Global Glass Cleaner Market– The Global glass cleaner market is projected to grow at an estimated CAGR of 5% by 2030. It is anticipated that the rising need for glasses will be fueled by strengthening the aerospace and automotive industries, which would support the expansion of the overall cleaner-for-glasses industry throughout the forecast period.

Robot Cleaner Market– The Robot Cleaner Market is projected to grow at a CAGR of 13.1% by 2030.Robots are increasingly sophisticated and capable of identifying differing amounts of dust in different locations because of ongoing advancements in technology. The market for robot cleaners has been growing as a result of the widespread use of these machines for sweeping and mopping floors in commercial, residential, and industrial settings.

About IndustryARC:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.

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Mr. Venkat Reddy IndustryARC Email: sales@industryarc.com USA: (+1) 518 282 4727

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