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%.

“Pressure Washer in APAC to grow at the highest CAGR”

APAC is expected to hold the largest growth rate of the global pressure washer market during the forecast period. There is a high demand for pressure washers in China due to rapid industrial growth and a rising population, which leads to an increase in residential activity. The country is one of the biggest exporters of pressure washer components. The agricultural industry is expected to be one of the key contributors to the growth of the pressure washer market in APAC during the forecast period. Increased adoption of pressure washers for cleaning farming equipment for better yield production and profitability is estimated to fuel the growth of the market in the region over the forecast period.

Residential/DIY application to hold the largest growth rate of the pressure washer market in 2020

The residential/DIY application is estimated to hold the largest CAGR during the forecast period. The COVID-19 pandemic outbreak has shut down professional cleaning services during the initial phase of 2020. This has shifted the consumer preferences from professional cleaning to the self-cleaning of vehicles, gardens, pools, and houses. Consumers are preferring electric and battery pressure washers, which generate pressure between 0 and 1500 PSI.

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Key Market Players

Alfred Kärcher SE & Co. KG (Germany), Briggs & Stratton (US), Generac Power Systems, Inc. (US), Nilfisk Group (Denmark) and Stanley Black & Dercker, Inc. (US) are a few major players in pressure washer market.

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