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Industrial vacuum cleaner market to show steady growth

The industrial vacuum cleaner market is expected to grow from USD 536.9 million in 2018 to USD 681.3 million by 2023, at a CAGR of 4.88%. The increased labour cost in developing countries, such as China, fuels the adoption of industrial vacuum cleaners. High machinery cost and heavy structure of industrial vacuum cleaners act as a restraining factor for the industrial vacuum cleaner market growth.

The industrial vacuum cleaner market is expected to grow from USD 536.9 million in 2018 to USD 681.3 million by 2023, at a CAGR of 4.88%. The increased labour cost in developing countries, such as China, fuels the adoption of industrial vacuum cleaners. High machinery cost and heavy structure of industrial vacuum cleaners act as a restraining factor for the industrial vacuum cleaner market growth.

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