Global Floor Polishing Machine Market Overview
According to SPER Market Research, the Global Floor Polishing Machine Market is estimated to reach USD 23.62 billion by 2032 with a CAGR of 5.36%.
The residential, commercial, and industrial sectors all use floor polishing machines, often known as floor clean-up equipment or floor grinding machines. The floor cleaning device is quick, dependable, and strictly mechanically or manually operated. They have clean-up and sprucing heads, buffing pads, scrub pads, brushes, and infinitely adjustable feed rates. They also have water injection systems with clean-up resolution. The maintenance of the machines is crucial to profit.
Globally, the floor polishing machine industry is experiencing substantial revenue growth. There is a huge market for floor polishing equipment created by the expanding building sector. Also, the numerous benefits that these machines provide, such as improved safety, efficiency, production, and cost savings, have a beneficial effect on the market's expansion. Also, these devices boost the return on investment (ROI) for end-user businesses. Modern floor polishing machines have sophisticated sensors and controls built right into them, allowing for faster surface finish and better dimensional tolerances.
Impact of COVID-19 on the Global Floor Polishing Machine Market
The COVID-19 pandemic has had a significant impact on the global floor polishing machine market. One of the main effects of the pandemic has been the disruption of supply chains worldwide. This has caused delays in the delivery of raw materials, components, and finished products, which has affected the manufacturing and distribution of floor polishing machines. As a result, there have been shortages in some areas and an increase in prices due to higher production costs.
Another effect of the pandemic has been the closure of many businesses, including hotels, restaurants, and commercial buildings, which are major users of floor polishing machines. This has led to a decrease in demand for these machines, particularly in the hospitality and commercial sectors. However, the demand for floor polishing machines has increased in the healthcare and residential sectors due to the need for regular cleaning and disinfection.
Furthermore, the pandemic has changed the way people live and work, with many individuals now working from home. This has led to an increase in the demand for home cleaning equipment, including floor polishing machines. Additionally, the pandemic has led to a greater emphasis on hygiene and cleanliness, which has created new opportunities for the development of innovative floor polishing machines that can provide more effective cleaning and disinfection.
In conclusion, the COVID-19 pandemic has had both positive and negative effects on the global floor polishing machine market. While supply chain disruptions and business closures have led to a decrease in demand and higher prices, changes in consumer behavior and increased hygiene awareness have created new opportunities for growth and innovation in the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Operation, By Floor Type, By Sales Channel
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | Alfred Kärcher GmbH & Co. KG, Hako GmbH, Nilfisk, Tennant Company, Tornado Industries, Minuteman International Inc., Clemas & Co Limited, Fimap S.p.A., Adiatek S.r.l, NSS Enterprises Inc., Denis Rawlins Limited, Kaivac Inc., KLindex, Numatic International Ltd., EUREKA S.p.A. Unipersonale
|
Target Audience:
- Commercial and industrial users
- Residential Users
- Healthcare Facilities
- Janitorial Services
- Construction Industry
- Manufacturers and distributors
- Government Agencies
- Research and Development Organizations
Global Floor Polishing Equipment Market Segmentation:
1. By Operation:
- Automatic
- Manual
- Semi-Automatic Machine
2. By Floor Type:
- Carpet
- Concrete
- Stone
- Tile and Grout
- Wood
3. By Application:
- Commercial
- Residential
- Others
4. By Sales Channel:
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Floor Polishing Machine Market Size (FY’2019-FY’2032)
- Overview of Global Floor Polishing Machine Market
- Segmentation of Global Floor Polishing Machine Market By Application (Residential and Commercial)
- Segmentation of Global Floor Polishing Machine Market By Operation (Automatic, Manual, Semi-automatic)
- Segmentation of Global Floor Polishing Machine Market By Floor Type(Carpet, Concrete, Stone, Wood, Tiles and Grout, Others)
- Segmentation of Global Floor Grinding Machine Market By Sales Channels (Offline, Online)
- Statistical Snap of Global Floor Polishing Machine Market
- Growth Analysis of Global Floor Polishing Machine Market
- Problems and Challenges in Global Floor Polishing Machine Market
- Competitive Landscape in the Global Floor Polishing Equipment Market
- Impact of COVID-19 and Demonetization on Global Floor Cleaning Machines Market
- Details on Recent Investment in Global Floor Polishing Machine Market
- Competitive Analysis of Global Floor Polishing Machine Market
- Global Floor Polishing Machine Market Major Players
- SWOT Analysis of Global Floor Polishing Machine Market
- Global Floor Polishing Machine Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Floor Polishing Machine Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Floor Polishing Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Floor Polishing Machine Market
7. Global Floor Polishing Machine Market, By Operation, 2019-2032 (USD Million)
7.1 Automatic
7.2 Manual
7.3 Semi-Automatic Machine
8. Global Floor Polishing Machine Market, By Floor Type, 2019-2032 (USD Million)
8.1 Carpet
8.2 Concrete
8.3 Stone
8.4 Tile and Grout
8.5 Wood
8.6 Others
9. Global Floor Polishing Machine Market, By Application, 2019-2032 (USD Million)
9.1 Commercial
9.2 Residential
9.3 Others
10. Global Floor Polishing Machine Market, By Sales Channel, 2019-2032 (USD Million)
10.1 Online
10.2 Offline
11. Global Floor Polishing Machine Market, By Region, 2019-2032 (USD Million)11.1 Global Floor Polishing Machine Market Size and Market Share by Region (2019-2025)
11.2 Global Floor Polishing Machine Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profile
12.1 Adiatek S.r.l.
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Alfred Kärcher GmbH & Co. KG
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Clemas & Co Limited
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Denis Rawlins Limited
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 EUREKA S.p.A. Unipersonale
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Fimap S.p.A
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Hako GmbH
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Kaivac Inc.
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 KLindex
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Minuteman International Inc
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11 Nilfisk
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 NSS Enterprises Inc.
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13 Numatic International Ltd.
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14 Tennant Company
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15 Tornado Industries
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
