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MARKET OUTLOOK

Triton’s research report on the Asia-Pacific smart cleaning and hygiene market suggests that the market is envisioned to progress at a CAGR of 15.49% through the years 2021-2028. Australia & New Zealand, India, ASEAN countries, China, South Korea, Japan, and Rest of APAC shape the overall region’s market. 

Japan is one of the countries leading in robotics innovation and is a major adopter of robotics globally. Furthermore, the government is actively engaged in promoting the development of robotics for long-term care. In this regard, the Robot Plan aims to enhance the share of people using robots to increase significantly. Besides, the government is offering subsidies to adopt robots in nursing homes. The country is also witnessing a surge in the aging population, influencing the demand for robot cleaners among the elderly population. Thus, the rise in robotics innovations, the rising aging populace, and government initiatives are driving the smart cleaning and hygiene market on a progressive path in Japan. 

On the other hand, robotics is gaining traction at a steady pace in India. As per the International Federation of Robotics, several startups and IT companies are venturing into AI across the country. Moreover, the high population base and growth in disposable income are estimated to widen the demand for smart cleaning services. Above all, the advent of COVID-19 has increased the sense of healthcare awareness, encouraging the adoption of smart cleaning products in the hospitality industry. Hence, as stated above, these factors are likely to create new opportunities for the Indian smart cleaning and hygiene market over the forecast period. 

COMPETITIVE OUTLOOK

The major companies in the smart cleaning and hygiene market consist of Vorwerk and Co KG, Xiaomi Corporation, Roborock Technologies, Hitachi Ltd, Electrolux AB, iRobot Corporation, and Maytronics.