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Allied Market Research

Eletric Mop Market Product type (Cord Electric Mop, Cordless Electric Mop ) Sales channel (Supermarkets, Specialty's store, E-commerce) Application (Residential, Commercial ) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A10618
Pages: NA
Jun 2021 | 105 Views
 
Author(s) : NA
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The electric mop is used to clean the surface of the floor in households and other commercial areas. An electric mop is an alternative technique for the traditional methods of sweeping and cleaning. It comprises of a cleaning cushion, cleaning tank, control rope, and a handle. Cleaning cushions of electric mops are washable and reusable. These mops are accessible with or without power rope, and some of them are even chargeable. It is useful in large-area surfaces like in the commercial field, such as hospitals, railway or metro stations, shopping malls, and many other areas. An increase in the cleaning and hygiene concerns and rising expenditure levels towards electric cleaning gadgets is a significant factor leading to the growth in the electric mop market during the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Product Type, Sales Channel, Application, and Region.

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific),

  Companies covered

Black & Decker, HAAN, KARCHER, Bissel, Shinil, Haier, Kingbest Electric, Nilfisk Group, Tennant Company, and Tornado Industries.

 

COVID-19 Scenario Analysis: 

The lockdown situation prevailing worldwide due to the COVID-19 outbreak has led the electric mop market to witness a low demand in the global market. The closure of supermarkets and other specialty stores are impacting the sales and revenue growth of electric mops market. However, manufacturers are trying to provide an effective service during the lockdown period but mostly to only essential goods. Diminishing sales in the market have also affected the scale of production in the manufacturing plant and electric mop market. 

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Increases in the usage of advanced technology in the household and the rising demand for electric mop among the working women are driving the global electric mop market. It reduces the time one requires cleaning and sweeping, which is one of the most significant reasons for its high demand. Along with this, a rise in the expenditure level of the consumer with increased disposable income is a few other factors that drive the global electric mop market during the forecast period. The surge in need for sweeping equipment in the commercial sector is the major impact driving this market. Hospitals and large shopping malls have a wide surface area, and therefore, electric mops serve as an easy-to-use and time-saving device for cleaning and mopping activities in these sectors.

New product launches to flourish the market

Leading electric mop manufacturers focuses on recent trends and technological developments to produce the new product according to the need and demands of the market. The electric mop market is highly competitive and strategic in terms of the advancement of technological devices, quality, and durability of the product. 

For instance, Gladwell Cordless launches a newly developed product of electric mop, having the latest features of 3 in 1 technology spinner, waxer quiet, spin scrubber, and multiple functions. The new dual spray technology and 180-degree rotation impress the consumer in the flourishing market.  

Regional insights

North America is anticipated to hold the largest market share in the electric mop market in terms of sales and revenue growth. The growing demand for an electric mop for commercial purposes and also increase the expenditure level in-floor cleaning equipment are important factors that drive the growth in the market during the forecast period.   

Key Segments Covered:

Segments

Sub-segments

  Product type

  • Cord Electric Mop
  • Cordless Electric Mop

  Sales channel

  • Supermarkets
  • Specialty's store
  • E-commerce

  Application

  • Residential
  • Commercial

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the electric mop market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global electric mop market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global electric mop market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global electric mop market analysis based on competitive intensity and how the competition will take shape in the coming years.

'Questions Answered in Electric Mop Market Research Report:

  • What are the leading market players active in the electric mop market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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