Spin Mops Market Research Report - Global Forecast till 2027

Global Spin Mops Market Research Report: Information By Product Type (Automatic and Semi-Automatic), By End Use (Residential and Commercial), By Distribution Channel {(Store-Based - Supermarkets & Hypermarkets, Convenience Store, & Others) and Non-Store Based)} and By Region - Forecast till 2027

ID: MRFR/CR/8957-HCR | March 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2018-2027 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Spin Mops Market size in 2019 was valued at USD 720.7 Million and is expected to exhibit a CAGR of 6.5% from 2020 to 2027.


Spin mops are a type of wet cleaning mops used in mopping floors. The specialty of such types of mops is that they drain the water more effectively using the centrifugal force created by spinning it.


The increasing demand for the convenience of mopping floors has led the manufacturers to continuous innovations. The growing concept of “Do It Yourself” in the home cleaning segment has led to the rising popularity of spin mops across the globe. The rising shortages in domestic helpers are further propelling the growth of the market in recent times. The growth of the spin mops market is anticipated to propel more in the emerging economies. Rising disposable income, rising number of housing units due to rapid urbanization, growth of the organized retail sector, strong millennial population are some of the other key factors that is expected to contribute towards the growth of the market in coming years. Strong internet penetration across regions has led to the growth of e-commerce channels which has further led towards the growth of the market.


The outbreak of COVID-19 has led to the growth of the market. Post the COVID-19 outbreak, the demand for cleaning mops has increased substantially as more people are restricting themselves inside homes due to lockdowns. This is evident from the triple-digit growth rates in sales of spin mops from various e-commerce channels. For instance, e-commerce channel ShopClues has witnessed 100% surge in demand for spin mops post Covid-19 outbreak. Similar e-commerce channels have witnessed surge in demand for spin mops across the globe.


Market Synopsis


Global Spin Mops Market has witnessed exponential growth in the last couple of months. The outbreak of the global COVID-19 pandemic has created lucrative growth opportunities for spin mops manufacturers across the globe. As people are staying more at home due to lockdown restrictions, more focus is given to home cleanliness. Additionally, e-commerce channels have proved to be a live saver during these tough times. End consumers have well-accepted the online purchase of spin mops as this has helped in reducing the infections substantially.


Market USP


Increasing demand for convenience while mopping


Market Drivers



  • The rising concept of “Do It Yourself” for home cleaning

  • The rising number of global pandemics such as COVID-19: The outbreak of Covid-19 has created lucrative growth opportunities for many spin mops manufacturers across the globe. Lockdown restrictions have created a shortage of domestic helpers across the globe. This has resulted in the rising trend of “Do It Yourself” in cleaning homes, thereby driving the market growth.

  • Increasing disposable income across the globe

  • Growth of the organized retail sector in developing countries

  • The advent of e-commerce home furnishing platforms


Market Restraints



  • Availability of popular substitutes

  • Counterfeit products


Segmentation


By Product Type



  • Automatic

  • Semi-Automatic: Semi-Automatic segment dominated the global spin mops market in 2019 and is expected to remain dominant during the review period. Its dominance was because of its affordability compared to the automatic spin mops. Moreover, the practicality of semi-automatic spin mops in draining the water compared to fully automatic has resulted in the dominance of semi-automatic spin mops in the market.


By End-Use



  • Residential: Residential segment dominated the spin mops market in 2019 and is further anticipated to remain dominant during the review period. The increasing trend of “Do It Yourself” and growing demand for convenience in home cleaning equipment has led to the advent of many user-friendly spin mops in the market for residential usage. The segment is further anticipated to remain dominant during the review period.

  • Commercial


By Distribution Channel



  • Store-Based: The store-based segment has been further divided into supermarkets & hypermarkets, convenience stores, and others. Supermarkets & hypermarkets dominate the store-based distribution channels. However, the online channels are anticipated to increase the sale of spin mops in the next couple of years.

  • Non-Store-Based


By Region



  • North America: North America accounted for a substantial share of the global market in 2019, due to the presence of some of the key spin mop manufacturers in the US. Within North America, the US-dominated the spin mops market, followed by Canada and Mexico. The rising concept of DIY in-home cleaning has further led to the growth of the market in the region.

  • Europe

  • Asia-Pacific: Asia-Pacific is anticipated to remain the fastest-growing market during the review period. The presence of some of the key manufacturers coupled with the advent of startups is one of the key reasons behind the regional market growth. Increasing urbanization, disposable income, and the rising number of the millennial population are some of the key factors that are anticipated to proliferate the market during the review period.

  • Rest of the World


Key Players



  • 3M (US)

  • Freudenberg Group (Germany)

  • C. Johnson & Son, Inc. (US)

  • Mopnado (US)

  • Bed Bath & Beyond Inc. (US)

  • BISSELL (US)

  • Addis Ltd. (UK)

  • Procter & Gamble (US)

  • Mapa Spontex UK Ltd. (UK)

  • TTK Prestige Limited (India)



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 720.7 Million
  CAGR   6.5% (2020 to 2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, End Use and Distribution Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   3M (US), Freudenberg Group (Germany), C. Johnson & Son, Inc. (US), Mopnado (US), Bed Bath & Beyond Inc. (US), BISSELL (US), Addis Ltd. (UK), Procter & Gamble (US), Mapa Spontex UK Ltd. (UK) and TTK Prestige Limited (India)
  Key Market Opportunities   The outbreak of the global COVID-19 pandemic has created lucrative growth opportunities for spin mops manufacturers across the globe
  Key Market Drivers

  • The rising concept of “Do It Yourself” for home cleaning
  • The rising number of global pandemics such as COVID-19
  • Increasing disposable income across the globe