The global steam cleaner market is expected to grow at a Compound annual growth rate (CAGR) of approximately 6% during the forecast period 2018-2024

NEW YORK, Nov. 18, 2019 /PRNewswire/ —
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The awareness to decrease usage of harmful chemicals and their presence in runoff water is a major factor for the growth of the global steam cleaner market. The rise in construction, hospitality, commercial, and retail industries and the growing adoption of energy-efficient and sustainable practices are other main factors driving the growth.

One of the emerging trends witnessed is the introduction of environmentally sustainable services. Green cleaning mainly refers to the usage of amenities that have a less impact on human health and the environment. Equipment manufacturers are constantly evolving technology to meet industrial standards, thereby generating several opportunities for the players. Both residential and commercial end-users in developed countries and in a few emerging economies are focusing on adopting sustainable technologies.

The following factors are likely to contribute to the growth of the steam cleaner market during the forecast period:

• Improving Hygiene Standards in Commercial Landscape
• Increasing Demand from Hospitality Industry
• Growing Traction toward Green Cleaning Technology
• Increasing Usage in Carpet Cleaning