PUBLISHER: The Business Research Company | PRODUCT CODE: 1559154
PUBLISHER: The Business Research Company | PRODUCT CODE: 1559154
Electric mops are cleaning devices powered by electricity that automate and enhance the mopping process. These mops typically have a motor that drives the mop head's movement, which can include actions such as scrubbing, vibrating, or spinning, to clean floors more effectively than traditional manual mops.
The main types of electric mops are flat, spiral, and others. Flat-type electric mops feature a flat, rectangular head, making them ideal for cleaning large, flat surfaces such as hardwood floors, tiles, and laminate. The various product types include steam mops and spray mops, available in different configurations such as wired and cordless. These mops are distributed through multiple sales channels, including supermarkets, specialty stores, and e-commerce platforms, and are used for a range of applications, including residential and commercial settings.
The electric mop market research report is one of a series of new reports from The Business Research Company that provides electric mop market statistics, including electric mop industry global market size, regional shares, competitors with a electric mop market share, detailed electric mop market segments, market trends and opportunities, and any further data you may need to thrive in the electric mop industry. This electric mop market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The electric mop market size has grown exponentially in recent years. It will grow from $6.27 billion in 2023 to $7.6 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The growth during the historic period can be attributed to the rising urban population, heightened awareness of cleanliness and hygiene, preference for eco-friendly cleaning solutions, increased convenience of online shopping, and expansion in the hotel and resort sectors.
The electric mop market size is expected to see exponential growth in the next few years. It will grow to $16.43 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%. The growth during the forecast period can be attributed to the shift toward automated and robotic cleaning solutions, more frequent home upgrades and renovations, increased adoption of smart home systems, rising residential construction and housing developments, and expanding middle-class demographics. Key trends include advances in battery technology, innovations in automation and smart features for electric mops, the development of cordless and lightweight designs, the emergence of robotic electric mops, and electric mops with customizable cleaning modes and settings.
The rise in smart home technology adoption is expected to drive the growth of the electric mop market in the future. Smart home technology encompasses internet-connected devices and systems that enable remote control and automation of household appliances and functions. This technology is gaining popularity due to its convenience, energy efficiency, enhanced security, affordability, and user-friendly features. Electric mops complement smart home technology by providing automated cleaning, remote control capabilities, and advanced features, thus simplifying and improving home cleaning tasks. For example, a Safewise survey in July 2022 found that 77% of Americans use their smart home devices at least once daily, with nearly half (44%) spending more on home technology in 2021 compared to previous years. Consequently, the growing adoption of smart home technologies is fueling the expansion of the electric mop market.
Leading companies in the electric mop market are incorporating advanced technologies, such as smart sensors, to enhance functionality and user experience. Smart sensors continuously monitor floor conditions and adjust cleaning parameters as needed. For instance, in September 2023, Tineco, a China-based home cleaning appliance manufacturer, introduced the Floor One S6. This advanced wet-dry vacuum cleaner is designed to revolutionize home cleaning with its cutting-edge hyperStretch technologies. The Floor One S6 features the Stretch S6, which allows users to clean under furniture and reach tight spaces effortlessly. This technology enables smooth movement under low-profile furniture, making it easier to access hidden dust and debris. The system also separates liquids, sediments, and air effectively, ensuring strong suction and protecting the motor even when the device is flat.
In February 2024, Truvox International, a UK-based industrial floorcare machine manufacturer, formed a partnership with i-Team Profession. This collaboration aims to launch the imop Lite and i-Scrub 21B cordless power scrubbers into the UK cleaning and facilities management markets under the Truvox brand. i-Team Profession, based in the Netherlands, specializes in manufacturing cleaning solutions, including imop and robotic vacuum cleaners.
Major companies operating in the electric mop market are Xiaomi Corporation, Samsung Group, L.G. Electronics, Haier lnc., Stanley Black & Decker Inc., Electrolux AB, Miele & Cie. KG, Alfred Karcher SE & Co. KG, Ecovacs Robotics Co Ltd, iRobot Corporation, Tennant Company, BISSELL, Eureka Forbes, TTK Prestige Ltd, Tornado Industries, HAAN Corporation, bObsweep, Proscenic, Mamibot Manufacturing USA Inc., AlfaBot, Vork Health Industry Co. Ltd.
North America was the largest region in the electric mop market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric mop market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electric mop market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electric mops market consists of sales of cordless mops, wet-dry vacuum cleaners, and robot vacuum cleaners. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electric Mop Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electric mop market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electric mop ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electric mop market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.