Market Overview:
The global floor waxing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for floor waxing machines from home users and commercial users. Floor waxing machines are used for various applications such as removing old coatings, polishing, and protecting floors from dirt, dust, and scratches. The global floor waxing machine market is segmented on the basis of type into single disc type, double disc type, and triple disc type. The single disc type segment is expected to hold the largest share of the global floor waxing machine market in 2018 owing to its low cost and easy operation. However, the double disc type segment is projected to grow at a higher CAGR during the forecast period due to its high performance and efficiency. On the basis of application,the global floor waxing machine market is divided into home useand commercial use segments.
Product Definition:
A floor waxing machine is a type of equipment that is used to apply wax to the floors. It can be either a manual or an automatic device. Floor waxing machines are important because they help to evenly distribute the wax and create a smooth surface.
Single Disc Type:
Single-disc type is a device that has only one disc, which rotates to spread the wax on the floor. It is usually used in commercial places such as car showrooms, beauty parlors and hair salons among others. The single-disc type market is expected to witness significant growth over the forecast period owing to its increasing application scope in various end-use industries including automotive and beauty industry among others.
Double Disc Type:
Double disc type is a two-piece flooring system that consists of a base and wear layer. It has better durability as compared to single disc type, owing to which it is used in high traffic areas such as schools, commercial buildings, and airports. The product also offers better water resistance property due to its tough wearing layer.
The market for double disc type was estimated at USD 1.05 billion in 2016.
Application Insights:
The commercial use segment dominated the global floor waxing machine market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing number of commercial spaces such as hotels, restaurants and shopping malls across various regions including Asia Pacific and Middle East & Africa. In addition, rapid expansion of hospitality industry is also expected to contribute significantly towards segment growth over the forecast period.
The home use segment is projected to witness significant growth during the forecast period owing to rising demand for convenience products among consumers especially in emerging markets such as China and India where people are increasingly adopting western lifestyle with ease. Moreover, manufacturers are launching new products keeping in mind consumer needs which may require different types of flooring maintenance solutions according to their requirements thus driving demand over the forecast period.
In terms of revenue, Europe Floor Waxing Machine Market was valued at USD 194 million in 2017.
Regional Analysis:
North America dominated the global market in 2017 owing to the growing trend of floor waxing machines for home use. The increasing number of manufacturers and distributors is also expected to drive regional growth over the forecast period. Europe accounted for a significant share in terms of revenue, driven by rising demand from countries such as Germany, France, Italy and U.K. Asia Pacific is projected to witness substantial growth over the coming years due to rapid urbanization and increasing disposable income especially in developing economies such as China and India. Moreover, rising investments by prominent players are anticipated to fuel product adoption across various commercial applications including hotels & resorts; healthcare; educational institutes; restaurants & bars; airports etc.
Growth Factors:
- Increasing demand for floor waxing machines from the automotive and transportation industry as a result of increasing production and sales of automobiles.
- Growing demand for floor waxing machines from the hospitality industry due to the increase in number of hotels, restaurants, and other commercial establishments.
- Rising popularity of polished concrete floors, which requires regular use of floor waxing machines for maintenance purposes.
- Increasing awareness about the benefits of using floor waxing machines among consumers, which is driving their adoption across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Floor Waxing Machine Market Research Report
By Type
Single Disc Type, Double Disc Type, Triple Disc Type
By Application
Home Use, Commercial Use
By Companies
Karcher, Tennant, Nilfisk Advance, Powr-Flite, BOSS Cleaning, Mastercraft, Hawk Enterprises, NSS, Koblenz, Mercury, Pacific Floorcare, EDIC, IPC Eagle, Crusader, Tornado, ChaoBao, Baiyun, Klindex, Haier, Compaq Cleaning, Minuteman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Floor Waxing Machine Market Report Segments:
The global Floor Waxing Machine market is segmented on the basis of:
Types
Single Disc Type, Double Disc Type, Triple Disc Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Karcher
- Tennant
- Nilfisk Advance
- Powr-Flite
- BOSS Cleaning
- Mastercraft
- Hawk Enterprises
- NSS
- Koblenz
- Mercury
- Pacific Floorcare
- EDIC
- IPC Eagle
- Crusader
- Tornado
- ChaoBao
- Baiyun
- Klindex
- Haier
- Compaq Cleaning
- Minuteman
Highlights of The Floor Waxing Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Disc Type
- Double Disc Type
- Triple Disc Type
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Floor Waxing Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A floor waxing machine is a device that uses hot wax to remove dirt, dust, and other debris from floors.
Some of the major companies in the floor waxing machine market are Karcher, Tennant, Nilfisk Advance, Powr-Flite, BOSS Cleaning, Mastercraft, Hawk Enterprises, NSS, Koblenz, Mercury, Pacific Floorcare, EDIC, IPC Eagle, Crusader, Tornado, ChaoBao, Baiyun, Klindex, Haier, Compaq Cleaning, Minuteman.
The floor waxing machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Floor Waxing Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Floor Waxing Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Floor Waxing Machine Market - Supply Chain
4.5. Global Floor Waxing Machine Market Forecast
4.5.1. Floor Waxing Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Floor Waxing Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Floor Waxing Machine Market Absolute $ Opportunity
5. Global Floor Waxing Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Floor Waxing Machine Market Size and Volume Forecast by Type
5.3.1. Single Disc Type
5.3.2. Double Disc Type
5.3.3. Triple Disc Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Floor Waxing Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Floor Waxing Machine Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Floor Waxing Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Floor Waxing Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Floor Waxing Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Floor Waxing Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Floor Waxing Machine Demand Share Forecast, 2019-2026
9. North America Floor Waxing Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Floor Waxing Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Floor Waxing Machine Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Floor Waxing Machine Market Size and Volume Forecast by Type
9.7.1. Single Disc Type
9.7.2. Double Disc Type
9.7.3. Triple Disc Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Floor Waxing Machine Demand Share Forecast, 2019-2026
10. Latin America Floor Waxing Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Floor Waxing Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Floor Waxing Machine Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Floor Waxing Machine Market Size and Volume Forecast by Type
10.7.1. Single Disc Type
10.7.2. Double Disc Type
10.7.3. Triple Disc Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Floor Waxing Machine Demand Share Forecast, 2019-2026
11. Europe Floor Waxing Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Floor Waxing Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Floor Waxing Machine Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Floor Waxing Machine Market Size and Volume Forecast by Type
11.7.1. Single Disc Type
11.7.2. Double Disc Type
11.7.3. Triple Disc Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projctions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Floor Waxing Machine Demand Share, 2019-2026
12. Asia Pacific Floor Waxing Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Floor Waxing Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Floor Waxing Machine Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Floor Waxing Machine Market Size and Volume Forecast by Type
12.7.1. Single Disc Type
12.7.2. Double Disc Type
12.7.3. Triple Disc Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Floor Waxing Machine Demand Share, 2019-2026
13. Middle East & Africa Floor Waxing Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Floor Waxing Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Floor Waxing Machine Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Floor Waxing Machine Market Size and Volume Forecast by Type
13.7.1. Single Disc Type
13.7.2. Double Disc Type
13.7.3. Triple Disc Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Floor Waxing Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Floor Waxing Machine Market: Market Share Analysis
14.2. Floor Waxing Machine Distributors and Customers
14.3. Floor Waxing Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Karcher
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tennant
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nilfisk Advance
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Powr-Flite
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BOSS Cleaning
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mastercraft
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hawk Enterprises
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NSS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Koblenz
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mercury
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pacific Floorcare
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EDIC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IPC Eagle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Crusader
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tornado
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ChaoBao
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Baiyun
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Klindex
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Haier
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Compaq Cleaning
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
