The global steam mop market is predicted to grow at a compound annual growth rate of 6.32% from 2022 to 2028, according to a new report from ResearchAndMarkets.com.
The report indicates that long-term cleaning equipment rentals are becoming increasingly popular in the steam mop market, supported by the rising number of vendors that rent and lease their steam cleaners.
A trend of variable-term cleaning equipment rental is emerging as a cost-effective and hassle-free alternative to purchasing equipment.
The steam mop market is primarily driven by the hospitality industry
The hospitality industry is the primary driver of the steam mop market, with an increasing demand for maintenance of cleanliness and higher expectations of hygiene and sanitisation globally.
The report also provides segmentation insights by product type, cleaning method, power source, surface type, end-users, distribution channels and geography.
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By GlobalData