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Global Pressure Washer Market to Grow at a CAGR of 3.8% During 2022-2027, Aided by the Growing Demand for Car Washing Services Worldwide

According to a new report by EMR titled, ‘Global Pressure Washer Market Report and Forecast 2022-2027’, the market witnessed a moderate growth during the historical period of 2017-2021. The market for pressure washer is expected to grow at a CAGR of 3.8% in the forecast period of 2022-2027.

The global market for pressure washer is being aided by the growing demand for car washing services across the world. This can be attributed to the rising sales of passenger cars, owing to the rising disposable incomes and improved living standards of consumers. Also, the growing demand for cleaning solutions across residential and commercial sectors has been bolstering the market growth. The rising customer awareness regarding the availability of pressure washer services is expected to further contribute to the market growth. In addition, several startups are offering pressure washing services with an increased focus on improving customer experience. Further, the demand for pressure washers for road and public space cleaning is expected to supplement the market growth in the coming years.

The increasing investment by the leading market players in the research and development of advanced pressure washer systems that can be utilised for diverse applications is expected to positively impact the market growth in the forecast years. For instance, in March 2017, Generac Power Systems, Inc., a subsidiary of Generac Holdings Inc. (NYSE: GNRC), announced the launch of its latest innovation, SpeedWash, a part of its residential pressure washer line which comes with a one-of-a-kind PowerDial. The PowerDial helps control the water pressure based on cleaning requirements and comes with four settings: an automobile setting, a wood setting, a concrete setting, and a soap setting. Meanwhile, other manufacturers such as Simpson Manufacturing Co, Inc. (NYSE: SSD) offer a range of pressure washers that are electric and gas powered. These can be deployed for residential and professional use. This is anticipated to prove beneficial for the pressure washer industry growth in the forecast period.

Market Breakup by Fuel Type, Type, Product, Distribution Channel, Application, and Region:

  • The market is divided, based on fuel type, into electric powered, diesel powered, and gasoline powered.
  • On the basis of type, the market can be distributed into fixed and portable.
  • Based on product, the industry is segregated into heavy duty and medium duty.
  • The market is segmented, on the basis of distribution channel, into online and offline.
  • On the basis of application, the market can be segregated into residential, commercial, industrial, and agricultural.
  • Region-wise, the global market for pressure washer can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for pressure washer is being driven by the rising demand for car washing services worldwide.
  • The growing consumer adoption of passenger vehicles, with the rising disposable incomes and improved living standards is driving the market growth. 
  • The increased demand for efficient cleaning solutions across commercial and residential sectors is also adding to the market expansion. 
  • The rising investments by the leading market players in the development of advanced pressure washer solutions are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for pressure washer for the periods (2017-2021) and (2022-2027). 
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the fuel types, types, products, distribution channels, applications, and regions of pressure washer.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global pressure washer market are Generac Power Systems, Inc., Koki Holdings Co., Ltd., Briggs & Stratton Corporation, FNA Group, Robert Bosch Power Tools GmbH, and Kärcher SE & Co. KG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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