New market study, "Vacuum Cleaners in Taiwan", has been published

Cylinder vacuum cleaners continue to be the dominant product type in vacuum cleaners with a volume share of 67% and sales exceeding 320,000 units in 2015. Cylinder vacuum cleaners are the standard vacuum cleaner format most familiar to consumers and its strong suction and cleaning ability leads many consumers to still regard it as the most powerful type of vacuum cleaner. Due to its vast product availability, consumers also have many affordable models to choose from across different brands and manufacturers. However, it has been on a decline as its bulky and heavy hose-and-wand construction makes vacuuming a tedious chore.

Competitive Landscape

Hitachi Asia (Taiwan) Co Ltd retains its lead in overall vacuum cleaner sales with a 14% volume share. Hitachi is an established brand in Taiwan, well known for its air treatment products, and this reputation in cleaning lends itself to its performance in standard vacuum cleaners. It has a large range of products in cylinder vacuum machines, which despite declining sales, is still the dominant format of vacuum cleaners in Taiwanese households.

Full Report Details at
- http://www.fastmr.com/prod/1112930_vacuum_cleaners_taiwan.aspx?afid=301

Industry Prospects

Over the forecast period, vacuum cleaners is set to grow by a stable retail volume CAGR of 3% to reach 555,000 units by 2020. This growth will be driven by a growing adoption of stick, upright and robotic vacuum cleaners as time-starved urban consumers seek easy and convenient ways to clean their homes. It will also be driven by a continuing increase in small households.

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?



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