As per reports, the global electric mop market size may be valued at around USD 250 million through 2026. An evident increase in disposable income among people across the globe has driven the demand for technologically advanced home appliances and electric cleaning equipment as they are faster and more efficient than manual cleaning techniques. Strict regulation in certain regions like Europe and North America pertaining to the need to maintain cleanliness in healthcare facilities as well as public places, to keep infections at bay, could become one of the major reasons behind the demand for electric mops.

Some of the beneficial features supporting the use of the product include water storage systems, steam systems, cordless, and other added benefits.

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Enlisted below are some of the important factors likely to influence the electric mop market size in the coming years.

COVID-19 and the dependence on online purchases

The emergence of e-commerce platforms has driven the sale of electric mops in both developed as well as developing nations. The wide product availability and at a comparatively reasonable price is a major factor behind the sale of home appliances on online platforms. The coronavirus pandemic has encouraged the purchase of various items ranging from grocery products to large electronic equipment.

This is due to the travel restrictions imposed by governments all over, to control the large gathering of people at shops, malls, and complexes to control the spread of the disease. Deeper access to online selling platforms will provide increased exposure to new products like electric mops. An electric mop market and counter the need to physically clean certain areas, lowering the risk of an infection.

Evolving tourism industry in the APAC region

Geographically speaking, Asia Pacific electric mop market has registered commendable gains due to the gradual increase in the purchasing power among people, urbanization, and the consequent improvement in the living standards of the people. A robust increase in the tourism sector in countries such as, India, Thailand, South Korea, Singapore, Malaysia, Japan, and China has driven developments in the regional hospitality sectors that focus on keeping the establishment and its surroundings clean.

According to OECD Library, in the year 2018, the tourism industry in South Korea was responsible for 4.7% of the total GDP. Another major factor fueling the regional product demand is the development of smart cities in countries like India, China, and Japan which has risen the demand for technologically advanced appliances that reduce manual work and provide favorable results.

As per the news, in 2020, leading Japanese co.- Toyota announced its plans to develop a 175-acre smart city at the base of Mount Fuji, which is nearly 62 miles from Tokyo. The “city of future” as it is called, will function as a testing ground for AI, smart homes, and robotics and the construction is likely to begin in 2021.

Product innovation by the market players

Electric mop manufacturers are heavily investing in the advancement in the products to meet the growing technological and cleanliness needs of the people. Consumers today require easy cleaning options that show quick results and are cost-effective.

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In November 2020, prominent Chinese home electronics company- Xiaomi’s ecological chain arm Roidmi announced the launch of its next-gen wireless vacuum cleaner solution called NEX2 Plus which integrates an electric mop and a vacuum cleaner, that may be used wet or dry. Other leading market players include Stanley Black & Decker, TTK Prestige Limited, Alfred Kärcher SE & Co. KG, and Bissell Inc., among several others.

All in all, it is evident that the rise in purchasing power among people has subsequently supported the demand for different kinds of home appliances, especially electric mops. The growing awareness among the people regarding the need to keep homes, offices, commercial establishments, hotels, and other areas clean in order to reduce incidences of infections will continue to boost electric mop market size in the coming years.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Scope, definition and forecast parameters

1.1.4.1    Definitions

1.1.4.2    Assumptions, methodology and forecast parameters

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2   Executive Summary

2.1    Electric mop market 360° synopsis, 2016 – 2026

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Product trends

2.1.4    Connectivity trends

2.1.5    Sales channel trends

2.1.6    Application trends

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