Makers see sales hitting record
With market saturation low, prices down, and the trend to two-and three-vac households in full swing, manufacturers are projecting 8 to 20 percent sales growth for wet/dry vacs and extraction cleaners in 1986.
Some executives see the wet/dry area’s gains this year exceeding those of more traditional vacuum cleaner segments by a wide margin. Compared to 92 percent for traditional vacs, market penetration of the wet/dry category is still in the 20 percent neighborhood, which leaves it plenty of room for growth, they point out. Extraction cleaners, while long a fixture on the rental market, have until fairly recently been dormant on the retail scene. (more…)Read more