Change in Consumer Lifestyles in Asia Pacific Triggers Volume in Robotic Vacuum Cleaners (Part 1)

Part 1: Panasonic Corp. In Consumer Appliances

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

Bangladesh Consumer staples / Thematic (Sector/Industry)

According to Euromonitor International’s vacuumcleaners data, roboticvacuumcleaners is expected to post the highest volume CAGR of 10% over 2015-2020. Cylinder vacuumcleaners and upright vacuumcleaners will post volume CAGRs of 1% and 2%, respectively, over the same forecast period. Globally, manufacturers ofroboticvacuumcleaners offer a variety of models at lower prices due to intense competition in the industry. Moreover, an increased number of consumers with allergies, especially in the US and Australia, partially drive category growth. Additionally, product development in terms of improved battery life and navigation patterns also helps boost consumer demand since these help roboticvacuumcleaners to work more effectively. Last but not least, consumers always seek better and more convenient ways to do housework due to increasingly hectic and busy lifestyles and a stronger desire for leisure time.

According to Euromonitor International’s vacuumcleaners data, roboticvacuumcleaners is expected to post the highest volume CAGR of 10% over 2015-2020. Cylinder vacuumcleaners and upright vacuumcleaners will post volume CAGRs of 1% and 2%, respectively, over the same forecast period. Globally, manufacturers ofroboticvacuumcleaners offer a variety of models at lower prices due to intense competition in the industry. Moreover, an increased number of consumers with allergies, especially in the US and Australia, partially drive category growth. Additionally, product development in terms of improved battery life and navigation patterns also helps boost consumer demand since these help roboticvacuumcleaners to work more effectively. Last but not least, consumers always seek better and more convenient ways to do housework due to increasingly hectic and busy lifestyles and a stronger desire for leisure time.

Vanguard FTSE Emerging Markets ETF (VWO US)

The Era of Robotic Vacuum Cleaners