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%
DRIVERS:
Increasing construction activities worldwide leading to adoption of pressure
washers
Governments of
various countries are undertaking initiatives for the development of
infrastructure and are investing heavily in the same. Growing urban population,
increasing number of commercial and residential construction projects; and
rising industrialization are some of the factors responsible for the
development of infrastructure in both developed and developing economies. The
aforesaid is fueling the demand for pressure washers, as cleaning a
construction site requires specialized and powerful tools.
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.
Download PDF
Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125335426
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.
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
“Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with
the clients to identify new opportunities, identify most important customers,
write “Attack, avoid and defend” strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth
emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, “Knowledgestore” connects over
200,000 markets and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™
INC.
630
Dundee Road
Suite
430
Northbrook,
IL 60062
USA:
1-888-600-6441
No comments:
Post a Comment