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Stock impact report

Carpet Cleaning Machine Market Forecasts 2024-2030 - Growing Customer Preference for Portable Carpet Cleaners to Boost Growth [Yahoo! Finance]

Tennant Company (TNC) 
Last tennant company earnings: 2/20 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Carpet Cleaners, Portable Carpet Cleaners, Upright Carpet Cleaners), Technology (Dry Carpet Cleaners, Extraction Carpet Cleaners, Steam Carpet Cleaners), Power Source, End-User, Distribution Channel - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Carpet Cleaning Machine Market size was estimated at USD 897.75 million in 2023, USD 942.01 million in 2024, and is expected to grow at a CAGR of 5.25% to reachUSD 1.28 billion by 2030. Growing awareness of hygiene and cleanliness, fueled by the need for healthier living and working environments, significantly drives demand for carpet cleaning machines. Moreover, urbanization, rising disposable incomes, and the expanding commercial sector, particularly in hospitality, healthcare, and retail, further amplify the demand for carpet cleaning machines. However, advanced machines' high initial purchase cost poses a barrier, particularly in low-income regions. In addition, frequent maintenance and potentia Show less Read more
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