Floor Polishing Machine Market Size- By Operation, Floor Type, Application, Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

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 Karcher 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

Global Floor Polishing Machine Market Segmentation:

By Application- Based on the Application, Global Floor Polishing Machine Market is segmented as; Residential, Commercial.

By Floor Type- Based on the Floor type, Global Floor Polishing Machine Market is segmented as; Carpet, Concrete, Stone, Wood, Tile and Grout.

By Operation- Based on the Operation, Global Floor Polishing Machine Market is segmented as; Automatic, Manual, Semi-automatic.

By Sales Channel- Based on the Machine Type, Global Floor Polishing Machine Market is segmented as; Online, Offline

By Region- Due to the increased demand for automobiles in the major Asian countries, sales of floor polishing machines are rising in the region. Automobile demand is mostly increasing in China, India, Indonesia, and Japan. China is quickly assuming the top spot in the world for construction development.

Product Code: MACH2307

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 Karcher 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