Vacuum Cleaners - Uruguay

  • Uruguay
  • In 2024, the revenue in the Vacuum_Cleaners segment in Uruguay amounted to US$36.57m.
  • It is projected that the market will experience an annual growth rate of 4.79% (CAGR 2024-2028).
  • When compared to other countries globally, in China generates the highest revenue in this segment, with US$13,180m in 2024.
  • Looking at the per household revenues, in 2024, each household in Uruguay generates approximately US$25.12.
  • This indicates the financial contribution of the Vacuum_Cleaners segment to the overall economy.
  • Moving on to the volume of vacuum cleaners, it is expected to reach 245.0k pieces units by 2028.
  • In 2025, the segment is anticipated to exhibit a volume growth of 2.2%.
  • These figures reflect the increasing demand for vacuum cleaners in the market.
  • Moreover, the average volume per household in the Vacuum_Cleaners segment is projected to be 0.15pieces in 2024.
  • This provides insights into the prevalence and usage of vacuum cleaners Uruguayan households.
  • Despite the small market size, Uruguay has seen a growing demand for high-end robotic vacuum cleaners among affluent urban households.

Key regions: Europe, Indonesia, Germany, China, United States

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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