Vacuum Cleaners - Singapore

  • Singapore
  • In 2024, the revenue in the Vacuum_Cleaners segment in Singapore is projected to reach €72.58m.
  • Looking ahead, the market is expected to experience an annual growth rate of 2.85% (CAGR 2024-2029).
  • When compared globally, in China generates the highest revenue in this segment, with an estimated €12,050m in 2024.
  • In terms of per household revenue, in Singapore is projected to generate €38.40 in 2024.
  • Looking specifically at the volume of the Vacuum_Cleaners segment, it is expected to reach 0.5m pieces units by 2029.
  • Additionally, there is an anticipated volume growth of 1.0% units in 2025.
  • On average, each household in Singapore is expected to have a volume of 0.26pieces units in the Vacuum_Cleaners segment in 2024.
  • "Singaporeans are increasingly opting for robot vacuum cleaners to keep their homes spotless, embracing the convenience and efficiency of this technology-driven cleaning solution."

Key regions: Europe, Indonesia, Germany, China, United States

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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