PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1533825
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1533825
Global Electric Mop Market to Reach US$956.0 Million by 2030
The global market for Electric Mop estimated at US$680.1 Million in the year 2023, is expected to reach US$956.0 Million by 2030, growing at a CAGR of 5.0% over the analysis period 2023-2030. Corded Electric Mop, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$597.4 Million by the end of the analysis period. Growth in the Cordless Electric Mop segment is estimated at 5.7% CAGR over the analysis period.
The U.S. Market is Estimated at US$185.3 Million While China is Forecast to Grow at 8.1% CAGR
The Electric Mop market in the U.S. is estimated at US$185.3 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$196.7 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.0% and 5.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.0% CAGR.
Global Electric Mop Market - Key Trends and Drivers Summarized
An electric mop is an innovative cleaning device designed to enhance efficiency and ease in the cleaning process, replacing traditional manual mops with a more advanced, powered solution. These mops typically feature built-in reservoirs to dispense cleaning solution directly onto the floor, motorized scrubbing brushes, and washable microfiber pads that effectively remove dirt and grime from various flooring types including hardwood, tile, and laminate. Some models also include features such as steam cleaning capabilities, which offer the added benefit of sanitizing floors without the need for chemical cleaners. The design and functionality of electric mops aim to reduce physical effort and time spent on household chores, providing users with a more convenient and effective way to maintain clean floors.
The electric mop market has been shaped by the growing demand for home cleaning solutions that prioritize convenience and hygiene, especially significant in the wake of increased health awareness due to global health crises like the COVID-19 pandemic. The development of multifunctional devices that can vacuum, scrub, and dry in a single pass has appealed to a broad audience, from busy professionals to elderly users seeking easier ways to manage household tasks. Moreover, as consumers become more environmentally conscious, the appeal of electric mops increases due to their ability to clean effectively with less water and no need for harsh chemicals. This environmental advantage aligns well with the current trends towards sustainability and reduced resource consumption in home appliances.
The growth in the electric mop market is driven by several factors, including technological advancements that have led to improvements in battery life and motor efficiency, allowing for longer cleaning sessions and more thorough cleaning power. Innovations such as cordless models enhance user convenience by eliminating the need to deal with tangled cords, making it easier to move around large spaces or multi-story homes. Consumer behavior also significantly impacts market growth, with an increasing preference for smart home devices. Many electric mops now feature integration with home automation systems, controllable via smartphone apps, which attract tech-savvy consumers looking for connectivity and ease of use in their cleaning appliances. The rise in urban living and smaller living spaces has also propelled the demand for compact, easy-to-store cleaning tools, further boosting the electric mop market. Lastly, the expansion of online retail has made these products more accessible to consumers, expanding the potential customer base and facilitating rapid growth in this sector.
Select Competitors (Total 42 Featured) -