Global Electric Mop Market- Market Overview:

The global electric mop market is expected to grow from USD 4.25 billion in 2022 to USD 15.9 billion by 2030, at a CAGR of 18% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the number of features available in electric mops which makes cleaning activities easy and less time-consuming.

Electric mopping is a floor cleaning and sweeping device powered by electricity. It is a good alternative to traditional mopping and sweeping. Besides a cleaning pad and a power cord, electric mop cleaning pads are washable and reusable. Electric mops include a cleaning solution tank and a handle. Further, it is anticipated that cordless electric mop demand will increase in the coming years, as they are easier to operate than corded electric mop models. Electric mops are free-standing, so customers do not have to sacrifice any of their space, as the mop is easy to store. The handle of the electric mop makes it easy for anyone to use. Because of the joint on the mop base, the handle can be spun from 60 degrees, making it easier to clean underneath furniture. A desire to prevent user fatigue and possible on-the-job accidents when using cleaning mops motivated the development of new materials, ergonomic designs, and technologically advanced cleaning mops. The use of electric mops reduces the use of water required in conventional methods. Additionally, a cordless electric mop with a remote-control feature is a type of electric mop available on the market. There are many small and medium-sized players in the electric mop market.

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Market Dynamics:

Drivers:                          

• Growing popularity of electric mops

One of the key trends contributing to the growth of the global electric mop market is the increasing popularity of electric mops that are equipped with steam cleaning options. In order to increase their customer base, vendors have started integrating convenient features like steam cleaning into electric mops.

Restraints:         

• High cost

Electric mop market growth and expansion will be stifled by the high installation and maintenance costs in the Projection period. This factor will lead to many limitations and hinder the growth of the electric mop market. The high cost of electric mops will shift the customer’s interest towards the traditional mops hence affecting the sales of electric mops.

Opportunities:

• Rising demand for electronic mops in household activities

Electric mop market growth is expected to be primarily driven by the reduction of household activities by using this mop. Increasingly, household equipment and devices are becoming electric and computerized, which reduces house chore time and suitability. Due to the growing demand for electric mops in household activities, the market is expected to grow in revenue.

Challenges:

• Availability of a variety of mops in the market apart from electric mops

There are many options for cleaning floors other than electric mops, which is expected to limit the growth of the electric mop market. However, using electric mops on wooden floors can cause them to swell and buckle and disrupt the market.

Segmentation Analysis:

The global electric mop market has been segmented based on product type, connectivity, application, and region.

By Product Type

The product type segment includes spray mop and steam mop. The spray mop segment led the largest share of the electric mop market with a market share of around 65.8% in 2022. Due to their ease of use and low maintenance costs, spray electric mops dominate the market. There is a wide range of spray electric mops available on the market that have built-in batteries to extend their operating time and cleaning power.

By Connectivity

The connectivity segment includes cordless and wired. The cordless segment led the largest share of the electric mop market with a market share of around 62.5% in 2022. On account of their ease of use and mobility, cordless electric mop segments are Projection to grow at a faster rate in the Projection period. As cordless mops are portable, they are easy to use. With their mobility, it is easier to clean thoroughly and effectively than with wired mops, which can be difficult to handle. As consumer demand for cordless electric mops increases and the market grows, companies are concentrating on developing new products in this area.

By Application

The application segment includes commercial and residential. The residential segment led the largest share of the electric mop market with a market share of around 69.1% in 2022. Households are accustomed to electric mops because they are easy to use. These mops come with various filters, sensors, and attachments that can be used to clean marble tiles, vinyl flooring, laminate flooring, and so on. All in all, they make an effective floor-cleaning device.

Global Electric Mop Market - Sales Analysis.

The sale of electric mops expanded at a CAGR of 17.3% from 2016 to 2022.

Over the Projectioned period, the growth of home automation products is expected to be impacted significantly by the growing number of working women, the rising standard of living, the rising affordability, and the changing lifestyle. The electric mop market will benefit from a number of factors.

As well, the rising working population, rising purchasing power, and growing number of smart homes will also further drive the electric mop market's growth rate.

Cordless and corded electric mops are expected to grow in popularity because consumers become more aware of their benefits like cleaning with minimal effort, convenience, and others. Additionally, technological advancements in the product are anticipated to drive market growth, among others.

Thus, owing to the aforementioned factors, the global electric mop market is expected to grow at a CAGR of 18% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the electric mop market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the electric mop market and held a 38.5% share of the market revenue in 2022.

• The North American region witnessed a major share. A number of leading cleaning industry tradeshows are located in North America, and these events provide vendors with the opportunity to showcase their innovative products and gain the attention of prospective customers. Electric mop manufacturers, especially those in the US and Canada, are also experiencing an increase in the demand for floor-cleaning equipment.
• Asia Pacific is anticipated to experience significant growth during the predicted period. Growing demand for innovative products in Asia-Pacific is expected to drive lucrative growth over the Projection period due to consumer inclinations toward spending on added value, innovation in product offerings, and increasing consumer spending in this region.

Global Electric Mop Market - Country Analysis:

• Germany

Germany's electric mop market size was valued at USD 0.31 billion in 2022 and is expected to reach USD 1.17 billion by 2030, at a CAGR of 18.1% from 2023 to 2030.

As home automation levels continue to rise in the country, the consumption of electric mops will remain largely determined by this factor. Furthermore, electric mops offer several advantages, including enhanced cleaning capabilities and reduced manual efforts, that have contributed greatly to their success.

• China

China’s electric mop market size was valued at USD 0.33 billion in 2022 and is expected to reach USD 1.26 billion by 2030, at a CAGR of 18.3% from 2023 to 2030.

Increasing hygiene awareness is driving end-user demand for an electric mop, Economies are affected by the pandemic as they focus on hygiene and cleanliness to prevent infections from Covid-19 and hazardous bacteria and germs, in addition, most people are unable to hire house help because of the lockdown situation. Smart spin mops make housekeeping easier.

• India

India's electric mop market size was valued at USD 0.25 billion in 2022 and is expected to reach USD 0.95 billion by 2030, at a CAGR of 18.2% from 2023 to 2030.

 Several small and medium-sized companies compete in the electric mop market. Manufacturers advertise their products online to increase sales. The key industry players in the electric mop market are putting a lot of effort into developing lightweight and simple-to-use electric mops to satisfy the needs of their customers and applications, which is boosting the growth of the electric mop market in the country.

Key Industry Players Analysis:  

To increase their market position in the global electric mop market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• Shinil Industrial Co., Ltd.
• Tennant Company
• iRobot Corporation
• Haier lnc.
• Neato Robotics, Inc.
• Procter & Gamble
• G. Electronics
• HAAN Corporation
• Miele & Cie. KG
• bObsweep
• ECOVACS
• SharkNinja Operating LLC
• Myelicto
• TTK Prestige Ltd
• BISSELL

Latest Development:

• In November 2020, The Chinese cleaning products company Neabot has launched an ergonomically designed cordless electric mop called Neabot SpinEasy in the Japanese market. Additionally, increasing usage of user-friendly home care tools and equipment is fueling the demand for such products.
• In December 2020, Consumer electronics giant Xiaomi Corporation unveiled its Mi Robot Vaccum Mop-P in the Indian market. This device features a laser-based navigation system that can provide an effective floor-cleaning experience.
• In May 2020, The Haier Group Corporation launched the HaierTab Tabot, an intelligent robot mop that has the capability of both vacuuming and mopping.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	18%
Market Size	4.25 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Product Type, By Connectivity, By Application, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Shinil Industrial Co., Ltd., Tennant Company, iRobot Corporation, Haier lnc., Neato Robotics, Inc., Procter & Gamble, L.G. Electronics, HAAN Corporation, Miele & Cie. KG, bObsweep, ECOVACS, SharkNinja Operating LLC, Myelicto, TTK Prestige Ltd, and BISSELL.
By Product Type	Steam Mop Spray Mop
By Connectivity	Cordless Wired
By Application	Commercial Residential
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Electric Mop Market by Product Type:

• Steam Mop
• Spray Mop

Global Electric Mop Market by Connectivity:

• Cordless
• Wired

Global Electric Mop Market by Application:

• Commercial
• Residential

Global Electric Mop Market by Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia