Sunday 22 August 2021

Pressure Washer Market with COVID-19 Impact - Global Forecast to 2026

 

The global pressure washer market size is expected to grow from USD 2.5 billion in 2021 to USD 3.0 billion by 2026, at a CAGR of 4.2%. The growth of the market is attributed to increasing construction activities worldwide, rising number of car washing stations, and growing demand for pressure washers for commercial applications. However, factors such as availability of alternative cleaning methods and high risk associated with the use of pressure washers are restraining the market growth. On the flip side, rising adoption of pressure washers for residential applications and development of AI based pressure washers are expected to create opportunities for the adoption of pressure washers in the coming years. Moreover, government regulations on disposal of wastewater and water pollution and supply chain disruptions caused by COVID-19 pandemic acts as a challenge for the pressure washer market

RESTRAINT: Availability of alternative cleaning methods

The blast of water from pressure washers is powerful and can be too much for some surfaces. Exterior surfaces such as loose wood or loose vinyl siding cannot take excess pressure and would fall off or deteriorate or can even crack by the pressure of water. Besides, pressure washers can also damage the paint and cause it to peel off if the surface is painted. Thus, end user prefers various alternative methods for the cleaning of numerous objects and surfaces. Two of the alternatives preferred by end users are sandblasting and foam cleaning techniques.

OPPORTUNITIES: Rising adoption of pressure washers for residential applications

Generally, consumers prefer traditional cleaning methods or different cleaning products in residential applications. However, traditional cleaning methods are time-consuming, require a lot of energy, and elbow grease. Pressure washers are gaining traction among residential users for washing a variety of surfaces. These washers are suitable for cleaning decks, house siding, gardens, driveways, and patio furniture. These washers are easy, efficient, and quick in removing mud, dirt, dust, grime, and loose paint.

CHALLENGES: Government regulations on disposal of wastewater and water pollution

Pressure washers are extensively utilized for the cleaning of various objects and surfaces. They help in removing dust, dirt, grime, oil, grease, and toxic chemicals from equipment, vehicles, machines, and surfaces. The removal of the contaminants from these objects through the water blast may run along with water into a storm drain. The water collected in the storm drain is not treated before entering into lakes and rivers, which results in water pollution. Hence, it is essential to develop a sanitary sewer for the disposal of wastewater and to avoid water pollution.

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“Commercial application to dominate the pressure washer market in 2020”

The pressure washer market for commercial application is dominant in 2020. The growing construction activities in APAC are responsible for the adoption of pressure washers at construction sites. Besides, the governments of various countries are heavily investing in the expansion and development of commercial infrastructures, which is also fuelling the growth of the segment.

“Portable pressure washer to hold the largest share of pressure washer market by 2026”

The market for the portable pressure washer held the largest share in 2020 and is estimated to remain the same during the forecast period. The growth of the segment is attributed to the portability of these washers that helps to meet the need for cleaning floors and objects. Portable pressure washers are compact and can be carried at the required destination for the cleaning of vehicles, equipment, tools, machines, and surfaces. These washers are convenient for storage as they do not require much space. They are highly adopted by commercial and residential applications.

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