The rising number of smart homes is notably driving the steam cleaner market growth. The demand for smart homes is rising in developed countries like the US, the UK, and Germany. Although there has been a decrease in demand for the market during the COVID-19 pandemic, a holistic analysis of drivers will help companies refine marketing strategies to gain a competitive advantage. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. The rising number of smart homes is notably driving the steam cleaner market growth, although factors such as the availability of low-cost manual labor in developing countries may impede the market growth. Sign up now and get instant access to Sample Report for FREE Steam Cleaner Market: Key Drivers, Trends, Challenges, and Customer Landscape
What will the Size of the Steam Cleaner Market be During the Forecast Period? Furthermore, the report includes historic market data from 2017 to 2021. It also includes an in-depth analysis of drivers, trends, and challenges. This report extensively covers market segmentation by end-user (commercial and residential), type (fully automatic and semi-automatic), and geography (APAC, North America, Europe, Middle East, and Africa, and South America). By end-users, the global steam cleaner market is dominated by the commercial segment, followed by the residential segment. They are also known as wet/dry vacuum cleaners. Steam cleaners are cleaning appliances that use steam to quickly clean, dry, and sanitize inanimate surfaces that carry infectious organisms. The Global Steam Cleaner Market size is estimated to grow by USD 390 million between 20 and the size of the market is forecast to increase at a CAGR of 5.9%. The growth of the market depends on several factors, including the rising number of smart homes, the expanding applications of steam cleaners, and the growing demand from developing countries. Steam Cleaner Market Analysis Forecast 2023-2027
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