01.03.2018 Views

QYR made the prediction that the value of Steam Mops markets can be 235.62 M USD by 2022

According to QYResearch, the USA Steam Mops markets has a total value of 174.23 M USD back in 2012, and increased to 201.62 M USD in 2017. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, we made the prediction that the value of Steam Mops markets can be 235.62 M USD by 2022.The CAGR of Steam Mops is 3.17% from 2017 to 2022. More: http://www.qyresearchglobal.com/goods-1319148.html

According to QYResearch, the USA Steam Mops markets has a total value of 174.23 M USD back in 2012, and increased to 201.62 M USD in 2017. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, we made the prediction that the value of Steam Mops markets can be 235.62 M USD by 2022.The CAGR of Steam Mops is 3.17% from 2017 to 2022. More: http://www.qyresearchglobal.com/goods-1319148.html

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Beijing Hengzhou Bozhi International Information<br />

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<strong>QYR</strong>esearch<br />

A steam mop is a mop <strong>that</strong> uses steam to clean<br />

floors and carpets. Unlike a regular mop, which<br />

requires cleaning agents such as bleach or<br />

detergent, a steam mop uses heat from steam to<br />

disinfect <strong>the</strong> floors.<br />

According to <strong>QYR</strong>esearch, <strong>the</strong> USA <strong>Steam</strong> <strong>Mops</strong><br />

<strong>markets</strong> has a total <strong>value</strong> <strong>of</strong> 174.23 M <strong>USD</strong> back in<br />

2012, and increased to 201.62 M <strong>USD</strong> in 2017. We<br />

<strong>made</strong> a series <strong>of</strong> functional calculation and<br />

deduced <strong>the</strong> past 5 year’s data with scientific<br />

model. Finally, We <strong>made</strong> <strong>the</strong> <strong>prediction</strong> <strong>that</strong> <strong>the</strong><br />

<strong>value</strong> <strong>of</strong> <strong>Steam</strong> <strong>Mops</strong> <strong>markets</strong> <strong>can</strong> <strong>be</strong> <strong>235.62</strong> M<br />

<strong>USD</strong> <strong>by</strong> <strong>2022</strong>.The CAGR <strong>of</strong> <strong>Steam</strong> <strong>Mops</strong> is 3.17%<br />

from 2017 to <strong>2022</strong>.<br />

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<strong>QYR</strong>esearch<br />

Pacific Coast <strong>of</strong> America was <strong>the</strong> largest production market with a market share <strong>of</strong> 17.52%<br />

in 2012 and 17.26% in 2017 with a decrease <strong>of</strong> 0.26%. A feat chiefly attributable to <strong>the</strong> vast<br />

technological advancements achieved in <strong>the</strong> field <strong>of</strong> household appli<strong>can</strong>ts and <strong>the</strong> increased<br />

adoption <strong>of</strong> steam mops. The Middle Atlantic ranked <strong>the</strong> second market with <strong>the</strong> market<br />

share <strong>of</strong> 12.26% in 2016.<br />

<strong>Steam</strong> <strong>Mops</strong> companies are mainly from United States and Europe, <strong>the</strong> industry concentrate<br />

rate is relatively high. The top three companies are Bissell, HAAN Corporation, TTI, with<br />

<strong>the</strong> revenue market share <strong>of</strong> 19.48%, 17.94% and 16.03% in 2016.<br />

The market is witnessing increased expenditure <strong>by</strong> vendors on R&D activities, and <strong>the</strong>refore<br />

<strong>the</strong> development <strong>of</strong> many innovative solutions, such as <strong>the</strong> inclusion <strong>of</strong> room memory,<br />

improved battery life, and improved efficiency in steam cleaners. In addition, vendors are<br />

working to reduce <strong>the</strong> cost <strong>of</strong> upgrades and maintenance. Rapidly changing technology and<br />

changes in consumer preferences are forcing vendors to deliver innovative household vacuum<br />

cleaning solutions with high efficiency to survive <strong>the</strong> commoditization in <strong>the</strong> market.<br />

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<strong>QYR</strong>esearch<br />

Although sales <strong>of</strong> <strong>Steam</strong> <strong>Mops</strong> brought a lot<br />

<strong>of</strong> opportunities, <strong>the</strong> study group recommends<br />

<strong>the</strong> new entrants who has not technical<br />

advantage and downstream support do not<br />

enter into <strong>the</strong> <strong>Steam</strong> <strong>Mops</strong> field. As large<br />

demand <strong>of</strong> high-end products at home and<br />

abroad, many companies <strong>be</strong>gan to enter <strong>the</strong><br />

field <strong>of</strong> high-end. What is more, <strong>the</strong> company<br />

in this industry should pay attention to <strong>the</strong>ir<br />

R&D, innovation and services, <strong>the</strong>n <strong>the</strong>y may<br />

get <strong>the</strong> competition advantage, and get a<br />

bigger market share.<br />

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