CHICAGO, March 28,
2024 /PRNewswire/ -- According to Arizton's latest
research report, the global pressure washer market is growing
at a CAGR of 4.32% during the forecast period.
To Know More, Click:
https://www.arizton.com/market-reports/global-pressure-washer-market-size-analysis
Browse In-depth TOC on the Pressure Washer Market
481 – Pages
319 - Tables
114 - Figures
Pressure Washer Market Report Scope
Report
Attributes
|
Details
|
Market Size
(2029)
|
USD 3.96
Billion
|
Market Size
(2023)
|
USD 3.07
Billion
|
CAGR
(2023-2029)
|
4.32 %
|
Historic
Year
|
2020-2022
|
Base
Year
|
2023
|
Forecast
Year
|
2024-2029
|
Market
Segmentation
|
Type, Power Source,
Operations, Output, End-User, Residential, Commercial &
Industrial, Contract Cleaners, Distribution Channel, and
Geography
|
Geographic
Analysis
|
North America, Europe,
APAC, Latin America, and Middle East & Africa
|
Market
Dynamics
|
- Rising Construction Activities Driving the
Adoption of Pressure Washers
- Surge in Residential & Commercial
Applications
- Increasing Disposable Incomes
- Growth in the Vehicle Washing Industry
- Growth in Sales of Gardening Equipment
- Growing Awareness of Hygiene and
Sanitation
|
The global market for mobile pressure washers is experiencing
significant growth momentum driven by increasing demand for
efficiency across residential, commercial, and industrial sectors,
coupled with advancements in AI and robotics technology. This surge
is fueled by the expanding car washing industry, rising disposable
incomes, and stringent cleanliness regulations across various
industries. Mobile pressure washers are versatile tools for
cleaning various surfaces such as furniture, walls, pavements, and
even large structures like monuments. They excel in removing tough
stains, oils, mud, algae, and other forms of dirt, making them
indispensable in heavy industries. Their ability to conserve water
makes them increasingly attractive, especially in light of growing
environmental concerns. With ongoing research and development
efforts, the technology behind mobile pressure washers continues to
advance, promising even greater profitability and growth
opportunities in the future.
In 2019, the travel & tourism industry experienced
significant growth following a two-year low after the 2015
terrorist attacks in France. With
almost 90 million tourists visiting the country in 2019,
France is one of the most popular
tourist destinations in the world. The growth of the travel &
tourism industry can result in higher hospitality occupancy rates
of approximately 75% on average. However, the revenue in the
tourism industry declined by 40% in 2020 owing to the COVID-19
pandemic. In 2023, tourist numbers are recovering, with tourism
growing by 12.3% in the first quarter. The most significant
increase came from luxury hotels, with occupancy rising by 31.4%
compared with lower-cost accommodation rising by 2.7%. Tourism
revenues in France increased to
$5.9 billion in April from
$4.3 billion in March of 2023. The
expected rise in tourist traffic in the country during the forecast
period is more likely to propel the need for a high number of
hotels and guestrooms, restaurants, and other hospitality
facilities, which is likely to drive the demand for pressure
washers in the commercial segment.
Offline Distribution Channel Dominates Market Share, Online
Distribution Channel Poised for Swift Expansion
The global offline pressure washer market to cross $2 billion by 2029.
The trend of selling these devices online is increasing, a
significant share of pressure washer distribution takes place
through specialty stores. Pressure washer producers harness
specialty stores and supermarkets due to their personalized
customer services. The staff in supermarkets and shops are educated
about pressure washers, their modus operandi, and their usage. The
staff, in turn, educates customers about these new products and
helps them in the selection of these devices. For instance,
Specialty stores are a company's own stores, such as Husqvarna,
Deere & Co., Kärcher, and others, under which a company sells
its own range of products. These stores are increasingly gaining
popularity due to the personalized services that the company can
provide to its customers. Various loyalty programs, customized
discounts, and push notifications allow specialty stores to target
customers directly and thereby increase their sales. Hence, this is
likely to push the demand for pressure washers from specialty
stores.
The global pressure washer online distribution market is growing
at a CAGR of 4.87% during the forecast period. Online distribution
players are being inundated with excessive data from IoT, driving
the need to acquire expertise in the management of customer data.
Moreover, there is still a gap in terms of understanding and
incorporating the benefits of the knowledge that IoT presents. If
leveraged, this can prove to be a valuable advantage and
significantly impact sales. However, buyers are increasingly
resorting to online channels to purchase used equipment, and this
can largely work against the growth of the market during the
forecast period.
As distributors expand their territory into new geographies,
they are looking at incorporating multi-currency support and
multi-lingual support apart from complying with data privacy
legislation. It is expected that distributors and manufacturers may
either enter direct-to-consumer e-commerce operations or via
M&As in the future years.
The Pressure Washer Market Report Encompasses Crucial
Data, Including:
CAGR (Compound Annual Growth Rate) during the forecast
period: This metric provides insights into the annual
growth rate of the pressure washer market over the specified
time frame.
Detailed information on growth drivers: The report
offers in-depth information on the factors that will propel the
pressure washer market growth from 2023 to 2029. This includes
an analysis of various market influences.
Precise estimation of market size: Accurate assessments
of the pressure washer market size and its contribution, focusing
on key market segments.
Predictions about upcoming trends and changes in consumer
behavior: The report offers insights into anticipated
trends and shifts in consumer behavior that are likely to impact
the pressure washer market, helping businesses prepare for future
market dynamics.
Geographical market growth: The report covers the
development of the pressure washer market across different regions,
including North America,
Europe, APAC, Latin America, the Middle East, and Africa. This provides a comprehensive
understanding of the market's global landscape.
Competitive landscape analysis: A thorough examination
of the market's competitive landscape is presented, including
detailed information about companies operating in the pressure
washer market. This includes an overview of key players, their
market share, strategies, and key developments.
Analysis of growth challenges: The report includes a
comprehensive analysis of factors that may pose challenges to the
growth of companies in the pressure washer market, providing a
well-rounded view of the market dynamics.
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Key Company Profiles
- Kärcher
- Nilfisk
- FNA Group
- Bosch
- Briggs & Stratton
- Annovi Reverberi
- STIHL
- Generac Power Systems
- Lavorwash
- Alkota
- Deere & Company
- Snow Joe + Sun Joe
- Stanley Black & Decker
- IPC
- Techtronic Industries (TTI)
- Husqvarna
- Koblenz
- SIMONIZ
- Koki Holdings
- Makita
- ANLU
- Greenworks Tools
- Mi-T-M Corporation
- Northern Tool + Equipment
- Vortex Industries
- Snap-on
- Troy-Bilt
- DuroMax
- RIDGID
- Yamaha
- Deluxe Cleaning Systems
- AVA of Norway
- WEN Products
- Westinghouse Electric
- BE Power Equipment
Market Segmentation
Type
Power Source
- Electric
- Gas
- Battery
- Others
Operations
Output
- 0−1,500 PSI
- 1,501−3,000 PSI
- 3,001−4,000 PSI
- Above 4,000 PSI
End-User
- Residential
- Commercial & Industrial
- Contract Cleaners
Residential
- Gardens
- Vehicles
- Swimming Pools & Large Patio Areas
- Bicycles
- Others
Commercial & Industrial
- Automobile
- Construction
- Public & Municipality
- Retail
- Hospitality
- Healthcare
- Agriculture
- Others
Contract Cleaners
Distribution Channel
Geography
- Europe
-
- Germany
- France
- The UK
- Denmark
- Sweden
- Italy
- Spain
- The Rest of Europe
- North America
-
- APAC
-
- China
- Japan
- Australia
- South Korea
- India
- Indonesia
- Thailand
- The Rest of APAC
- Latin America
-
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- The Rest of Latin America
- Middle East &
Africa
-
- GCC
- Turkey
- South Africa
- Egypt
- The Rest of the Middle East
& Africa
Key Questions Answered in the Report:
How big is the pressure washer market?
What is the growth rate of the global pressure washer
market?
Which region dominates the global pressure washer market
share?
What are the significant pressure washer industry trends?
Who are the key players in the global pressure washer
market?
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https://www.arizton.com/market-reports/global-pressure-washer-market-size-analysis
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