New Market Report: Vacuum Cleaners in Thailand

In 2014, robotic vacuum cleaners recorded the highest volume growth of 60% amongst vacuum cleaners due to the increasing rate of housing and condominium projects in the country. Even though the highest growth rate was recorded by robotic vacuum cleaners, cylinder vacuum cleaners covered the biggest proportion of retail volume sales at 555,000 units. Cylinder vacuum cleaners has been present in Thailand for a very long time so local consumers are very familiar with this type of product.

Competitive Landscape

Hitachi Sales led vacuum cleaners with 25% volume share. Hitachi Sales had competitors with similar products available like Electrolux and LG Electronics. Electrolux held 23% volume share, ranking second. It may offer more of a variety of products than Hitachi Sales but the latter is more familiar to Thai consumers and over a long period of time.

Industry Prospects

Vacuum cleaners is predicted to record a retail volume CAGR of 5% over the forecast period, which will be lower than the review period average of 7% due saturation of property consumption in the future. Consumers will still purchase vacuum cleaners and considered it to be a product that provides comfort and convenience for people with changing lifestyles. This equipment does not only provide comfort but safety, energy saving, and hygiene systems that protect consumers’ health for a period of time.

Full Report Details at
- http://www.fastmr.com/prod/1038487_vacuum_cleaners_thailand.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Vacuum Cleaners industry in Thailand 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 Thailand, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vacuum Cleaners in Thailand 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 Thailand?
* What are the major brands in Thailand?
* 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

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