Vacuum Cleaners in Taiwan - New Study Released

From: Fast Market Research, Inc.
Published: Fri Aug 15 2014

Sales of vacuum cleaners posted stronger current value and volume growth in 2013 compared to the previous year. Rising disposable incomes leading to a stronger preference for higher-range products with enhanced benefits led to dynamic growth of vacuum cleaners. Consumers were willing to pay a premium for performance and convenience, such as vacuum cleaners offering high suction power.

Competitive Landscape

The leading company within vacuum cleaners was Hitachi Asia (Taiwan) Co, which accounted for a 13% volume share in 2013. The Japanese company recorded an increase in sales during the review period due to its strong brand reputation for high-quality and innovative products.

Industry Prospects

Sales of vacuum cleaners are predicted to post moderate growth over the forecast period, with volume growth outpacing that of value at constant 2013 prices. The number of young consumers moving out to live on their own is expected to rise, thus fuelling demand for vacuum cleaners. Rising disposable incomes and increasing demand for convenience will continue to drive sales of vacuum cleaners in Taiwan.

Full Report Details at

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Vacuum Cleaners industry in Taiwan with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Vacuum Cleaners industry in Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vacuum Cleaners in Taiwan market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Vacuum Cleaners in Taiwan?
* What are the major brands in Taiwan?
* How have stick vacuum cleaners performance over the past 5 years?
* Are robotic vacuum cleaners the future for the vacuum industry?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Robotic Vacuum Cleaners, Standard Vacuum Cleaners.

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You may also be interested in these related reports:

- Vacuum Cleaners in Japan
- Vacuum Cleaners in South Korea
- Vacuum Cleaners in Turkey
- Vacuum Cleaners in Israel
- Vacuum Cleaners in Saudi Arabia
Company: Fast Market Research, Inc.
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