Latin America Vacuum Cleaners Market 2024

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Description

The Latin America vacuum cleaners market is on track to grow from USD 851.0 million in 2023 to USD 1,140.7 million by 2029, with a projected CAGR of 5% across the forecast period. In Latin America, the vacuum cleaner market is expanding, driven by rising consumer awareness about hygiene and cleanliness, especially in more developed urban areas like Brazil and Mexico. The growing middle-class population in these countries is increasingly investing in household appliances that improve living standards, including vacuum cleaners that promise convenience and efficiency. Additionally, the availability of more affordable yet technologically advanced models, such as cordless vacuum cleaners, is broadening the market reach. Consumer preferences are shifting toward lightweight, easy-to-use models, and increased e-commerce penetration in countries like Argentina is further accelerating product accessibility and market growth.

This report presents a detailed overview of the Latin America vacuum cleaners industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, technology, distribution channel and country. This detailed analysis supports the identification of growth opportunities within the vacuum cleaners industry.

Market Segmentation

The Latin America vacuum cleaners market is structured as follows:
Product type: regular vacuum cleaners (cylinder/canister vacuum cleaners, handheld vacuum cleaners, stick vacuum cleaners, upright vacuum cleaners, steam vacuum cleaners), robot vacuum cleaners
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics and appliance stores, home products shops, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others

The vacuum cleaners market in Latin America is segmented across product type, technology, distribution channel and country. The market is classified by product type into regular vacuum cleaners (cylinder/canister vacuum cleaners, handheld vacuum cleaners, stick vacuum cleaners, upright vacuum cleaners, steam vacuum cleaners), and robot vacuum cleaners. Technology categories include smart, and non-smart. Distribution channel segmentation comprises supermarkets and hypermarkets, department stores, electronics and appliance stores, home products shops, e-commerce, and others. Geographically, the market is divided into Argentina, Brazil, Chile, Colombia, Mexico and others.

Competitive Landscape

Major participants in the vacuum cleaners market comprise Xiaomi Corporation, Visuar S.A., Versuni Holding B.V., Ursus Trotter S.A., The Samsung Group, Techtronic Industries Company Limited, Stanley Black & Decker Inc., Spectrum Brands Holdings Inc., Sindelen S.A., Shop-Vac Corporation, Robert Thomas Metall- und Elektrowerke GmbH & Co. KG, Polimport Comercio e Exportacao LTDA, New San S.A., MK Eletrodomesticos Mondial S.A., Miele & Cie. KG, Midea Group Co. Ltd., Liliana s.r.l., LG Corporation, Koblenz Electrica S.A. de C.V., iRobot Corporation, Groupe SEB, First Rate S.A., Electrolux AB, Dyson Limited, Britania Eletrodomesticos SA, Bidcom S.R.L., Anker Innovations Co. Ltd., Alfred Karcher SE & Co. KG, AGF IMPORT LTDA and ACEGAME S.A.

The report provides a detailed assessment of prominent companies within the vacuum cleaners market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latin America vacuum cleaners market.
Gain in-depth analysis and forecasts for the key segments of the Latin America vacuum cleaners market: product type, technology, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America vacuum cleaners market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America vacuum cleaners market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latin America Vacuum Cleaners Market – Product Type Analysis
Latin America Vacuum Cleaners Market – Technology Analysis
Latin America Vacuum Cleaners Market – Distribution Channel Analysis
Latin America Vacuum Cleaners Market – Country Analysis
Key Players and Market Share
– Xiaomi Corporation
– Visuar S.A.
– Versuni Holding B.V.
– Ursus Trotter S.A.
– The Samsung Group
– Techtronic Industries Company Limited
– Stanley Black & Decker, Inc.
– Spectrum Brands Holdings, Inc.
– Sindelen S.A.
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Latin America Vacuum Cleaners Market 2019-2029
Chart Latin America Vacuum Cleaners Market, Net Growth, 2019-2029
Chart Latin America Vacuum Cleaners Market, Growth Rates, 2019-2029
Table Latin America Vacuum Cleaners Market by Product Type, 2019-2029
Chart Latin America Vacuum Cleaners Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Vacuum Cleaners Market by Product Type, 2019-2029
Table Latin America Vacuum Cleaners Market by Technology, 2019-2029
Chart Latin America Vacuum Cleaners Market by Technology, CAGR Historic and Forecast, 2019-2029
Chart Latin America Vacuum Cleaners Market by Technology, 2019-2029
Table Latin America Vacuum Cleaners Market by Distribution Channel, 2019-2029
Chart Latin America Vacuum Cleaners Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Vacuum Cleaners Market by Distribution Channel, 2019-2029
Table Latin America Vacuum Cleaners Market by Country, 2019-2029
Chart Latin America Vacuum Cleaners Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Vacuum Cleaners Market by Country, 2019-2029
Table Latin America Vacuum Cleaners Market Share (%), by Companies, 2019-2023
Chart Latin America Vacuum Cleaners Market, by Companies, 2023
Table Latin America Vacuum Cleaners Market Share (%), by Brands, 2019-2023
Chart Latin America Vacuum Cleaners Market, by Brands, 2023
Table Latin America – Population (Millions) and Forecast
Table Latin America – Consumer Price Index (CPI) and Forecast
Table Latin America – Gross Domestic Product and Forecast
Table Latin America Vacuum Cleaners Market: Spend as a Proportion of GDP (%)
Table Latin America Vacuum Cleaners Market: Consumption per Capita (Population)

Companies Mentioned

Xiaomi Corporation
Visuar S.A.
Versuni Holding B.V.
Ursus Trotter S.A.
The Samsung Group
Techtronic Industries Company Limited
Stanley Black & Decker, Inc.
Spectrum Brands Holdings, Inc.
Sindelen S.A.
Shop-Vac Corporation
Robert Thomas, Metall- und Elektrowerke GmbH & Co. KG
Polimport Comercio e Exportacao LTDA
New San S.A.
MK Eletrodomesticos Mondial S.A.
Miele & Cie. KG
Midea Group Co., Ltd.
Liliana s.r.l.
LG Corporation
Koblenz Electrica, S.A. de C.V.
iRobot Corporation
Groupe SEB
First Rate S.A.
Electrolux AB
Dyson Limited
Britania Eletrodomesticos SA
Bidcom S.R.L.
Anker Innovations Co., Ltd.
Alfred Karcher SE & Co. KG
AGF IMPORT LTDA
ACEGAME S.A.

Additional information

Product Type

Industry Statistics
Region

Latin America
Published Date

2024
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