Showing posts with label Pressure Washer Market. Show all posts
Showing posts with label Pressure Washer Market. Show all posts

Why Will APAC Rule the Pressure Washer Market?

The major drivers in the global pressure washer market are the increasing count of carwash stations, coupled with a snowballing demand for pressure washers in commercial as well as residential areas. In 2021, the market stood at $2,629.1 million, and it is predicted to touch $3,868.9 million by 2030. In addition, the market will grow at a 4.4% CAGR from 2021 to 2030. A swift urbanization rate will increase the requirement for residential projects, in turn, surging the requirement for home cleaning systems, such as pressure washers. This will augment growth in the market.

Pressure Washer Market

The outbreak of COVID-19 had disrupted several sectors but the pressure washer market is among the exceptions. The spread of the virus had exerted a push on the importance of sanitization and cleaning among several corporations. There would be dramatic changes within the cleaning industry amid the pandemic. There is a skyrocketing requirement for pressure washers in the cleaning applications in an attempt to meet the standards of sustainability and hygiene. Thus, the commercial cleaning industry had very well bridged the spaces between the forces of demand and supply by enhancing their efficiency.

APAC will witness the fastest pressure washer market growth, of approximately 5%, on account of extensive government support. For example, an investment of $1.4 trillion was made by the government of China with the aim of inter-city transportation systems, 5G networks, and digital infrastructure development. Moreover, an increasing disposable income will exert a push on the requirement for swimming pools, gardening, floor cleaning, and vehicle washing maintenance services. Approximately, 80 million sales were accounted for in the automobile sector in 2021 according to the OCIA, thereby, creating the carwash services demand.

The hot water category will witness a 4% CAGR in the pressure washer market from 2021 to 2030. It offers an efficient cleaning process and minimizes the cleaning time by 35%. There is a robust demand for deep cleaning applications, including grease and clean oil. Daimer's Super Max hot-water pressure washers, in particular, have temperatures of up to 572 °C (300 °F), pressures of up to 3,500 psi, and flow rates of up to 10 gallons per minute.

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