Robotic vacuum cleaners became increasingly common in 2015. Consumers’ perception of robotic vacuum cleaners has changed, and they are now perceived less as a luxury and more as a basic appliance which contributes to improving consumers’ lifestyles. Vacuum cleaners are now also found in the homes of consumers who cannot afford high-quality brands, as many companies offer simpler, low-tier models.
Competitive Landscape
In 2015 Brimag Digital Age overtook Dyson Appliances, which had led vacuum cleaners throughout the review period. Brimag Digital Age reached a retail volume share of 16% due to its wide portfolio of brands, which includes Graetz and Kenwood in the standard vacuum cleaners category, and LG in both standard and robotic vacuum cleaners. LG was especially successful, with a 10% volume share of standard vacuum cleaners in 2015, and was in second place in robotic vacuum cleaners with a 20% volume share.
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Industry Prospects
Vacuum cleaners is expected to record a retail volume CAGR of 3% over the forecast period, in comparison with the review period CAGR of 5%, which was high due to the growth in robotic vacuum cleaners in particular. Robotic vacuum cleaners reached its peak growth over the review period, and the category is expected to record more moderate, though still high, growth over the forecast period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Vacuum Cleaners industry in Israel 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 Israel, our research will save you time and money while empowering you to make informed, profitable decisions.
The Vacuum Cleaners in Israel 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 Israel?
* What are the major brands in Israel?
* 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
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- Vacuum Cleaners in Turkey
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- Vacuum Cleaners in Taiwan
New Study: Vacuum Cleaners in Israel
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001