Steam Cleaner Market Size
| Study Period | 2020-2029 |
| Market Size (2024) | USD 3.57 Billion |
| Market Size (2029) | USD 4.58 Billion |
| CAGR (2024 - 2029) | 5.12 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Steam Cleaner Market Analysis
The Steam Cleaner Market size is estimated at USD 3.57 billion in 2024, and is expected to reach USD 4.58 billion by 2029, growing at a CAGR of 5.12% during the forecast period (2024-2029).
One type of technology and machinery that has become popular is the steam cleaner, an effective and eco-friendly cleaning solution. Using steam power, these multipurpose tools clean and eliminate filth and grime from various surfaces, such as carpets, upholstery, and clothing. Their uses are widespread in both residential and commercial environments, providing a hygienic and chemical-free cleaning substitute. Growing customer demand for chemical-free cleaning products and environmental concerns have both contributed significantly to the rise of the steam cleaner market.
The COVID-19 pandemic served as a stimulant, accelerating the product's uptake in several industries. Increased hygienic requirements led to a sharp rise in the demand for these cleaners in both home and commercial settings. Because of their exceptional ability to disinfect surfaces, these cleaners are today regarded as vital instruments in the battle against the transmission of infectious diseases. The increasing awareness of the effectiveness of steam cleaners has driven market expansion.
The market for steam cleaners has flourished owing to R&D initiatives that have led to the introduction of various innovative and new products. Global manufacturers are creating new items and improving their existing ones to boost the effectiveness of their products. Innovative steam cleaners with longer battery lives, more room memory, and other features are projected to propel the steam cleaner market throughout the forecast period.
Steam Cleaner Market Trends
Commercial Segment Dominates the Market, Driven by the Hospitality, Healthcare, and Food Industries
The commercial segment has witnessed significant market share and dominated the market during the review period. The increasing demand for business travel has contributed to the growth of the hospitality industry, which, in turn, generated a major demand for steam cleaners. Steam cleaners are used extensively in carpets and garments and help the industry maintain hygiene. The exponential growth of the tourism industry is one of the prime factors fueling the growth of the hospitality industry, and steam cleaners are expected to witness high growth worldwide. The increased functionality of stick and upright cleaners has also led to a rise in demand. Increasing concerns about health and hygiene among end users are also driving the growth of the commercial segment in the market.
Increasing business travel is the major demand generator of the hotel industry, which, in turn, contributes to various hotels using commercial steam cleaners extensively. Therefore, the global hotel and hospitality industry's growth and wider acceptance of these products are expected to increase the demand for commercial steam cleaners during the forecast period.
Asia-Pacific Leads the Market owing to Growing Smart Homes in the Region
In Asia-Pacific, the prevalence of steam cleaners has surged due to the region's substantial disposable income and purchasing power. The primary countries that control the majority of the Asia-Pacific market are Vietnam, the Philippines, China, India, South Korea, Australia, and New Zealand. Countries in the region, India and China in particular, are witnessing high economic growth in terms of GDP and rapid urbanization. These factors boost the market’s demand for newly constructed homes and steam cleaner product launches.
The growth of the residential sector has helped vendors in the region gain insights into consumer preferences regarding residential appliances. Australia has a developed market with significant demand for steam cleaners in residential settings because of the rise in smart homes and dual-income households. The growing middle-class population has also contributed to market growth.
Steam Cleaner Industry Overview
The steam cleaner market is moderately fragmented. The companies are focusing on various growth strategies such as product innovations, expansions, and partnerships to expand their presence across regions. The competitive landscape of the market has also been analyzed in the report. Some of the major players include BISSELL Homecare Inc., Dyson Ltd, Philips, Stanley Black & Decker Inc., and Vapamore.
Steam Cleaner Market Leaders
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Dyson Ltd
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BISSELL Homecare Inc
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Philips
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Stanley Black & Decker Inc
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Vapamore
*Disclaimer: Major Players sorted in no particular order
Steam Cleaner Market News
- February 2023: BISSELL introduced the BISSELL Cross Wave HydroSteam multi-surface cleaner, a floor cleaner unlike any other with 3-in-1 technology that is part vacuum, part mop, and part steam cleaner working in unison.
- March 2022: Doman SRL, one of the manufacturers of dry industrial steam cleaning equipment for commercial and industrial applications, was acquired by Goodway Technologies, one of the global providers of industrial maintenance and cleaning solutions.
Steam Cleaner Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Automotive Sector is Propelling the Sector
4.2.2 Stringent Health and Hygiene Regulations Fuels Product Demand
4.3 Market Restraints
4.3.1 Accessibility of Alternative Cleaning Methods in Developing Nations
4.3.2 Initial Cost and Limited Awareness Impede Market Expansion
4.4 Market Opportunities
4.4.1 Increasing Consumer Inclination for Home Automation
4.4.2 Integration of Smart Technology with Steam Cleaners
4.5 Value Chain Analysis
4.6 Industry Attractiveness: Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Technological Advancements in the Industry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Fully Automatic
5.1.2 Semi-automatic
5.2 By Application
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Online
5.3.2 Offline
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Italy
5.4.2.6 Spain
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 India
5.4.3.2 China
5.4.3.3 Japan
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 South Africa
5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 BISSELL Homecare Inc.
6.2.2 Dyson Ltd
6.2.3 Philips
6.2.4 Stanley Black & Decker Inc.
6.2.5 Vapamore
6.2.6 HAAN Corporation
6.2.7 Samsung
6.2.8 Oreck
6.2.9 TechnoVap
6.2.10 Panasonic*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Steam Cleaner Industry Segmentation
Steam cleaners are cleaning appliances that use steam to quickly clean, dry, and sanitize inanimate surfaces that carry infectious organisms. They are also known as wet/dry vacuum cleaners. The steam cleaner market is segmented by type, application, and geography. By type, the market is segmented into fully automatic and semi-automatic. By application, the market is segmented into residential and commercial. By distribution channel, the market is segmented into online and offline. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
| By Type | |
| Fully Automatic | |
| Semi-automatic |
| By Application | |
| Residential | |
| Commercial |
| By Distribution Channel | |
| Online | |
| Offline |
| By Geography | |||||||||
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Steam Cleaner Market Research FAQs
How big is the Steam Cleaner Market?
The Steam Cleaner Market size is expected to reach USD 3.57 billion in 2024 and grow at a CAGR of 5.12% to reach USD 4.58 billion by 2029.
What is the current Steam Cleaner Market size?
In 2024, the Steam Cleaner Market size is expected to reach USD 3.57 billion.
Who are the key players in Steam Cleaner Market?
Dyson Ltd, BISSELL Homecare Inc, Philips, Stanley Black & Decker Inc and Vapamore are the major companies operating in the Steam Cleaner Market.
Which is the fastest growing region in Steam Cleaner Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Steam Cleaner Market?
In 2024, the Asia Pacific accounts for the largest market share in Steam Cleaner Market.
What years does this Steam Cleaner Market cover, and what was the market size in 2023?
In 2023, the Steam Cleaner Market size was estimated at USD 3.39 billion. The report covers the Steam Cleaner Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Steam Cleaner Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Steam Cleaner Industry Report
Statistics for the 2024 Steam Cleaner market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Steam Cleaner analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
