Global Pressure Washer Market Insights Report 2024-2029: Market Sees Growing Demand for Professional Cleaning Services, with Pressure Washer Market Forecast to Reach USD 3.96 Billion by 2029


Dublin, April 24, 2024 (GLOBE NEWSWIRE) -- The "Global Pressure Washer Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Global Pressure Washer Market was valued at USD 3.07 billion in 2023, and is projected to reach USD 3.96 billion by 2029, showcasing a CAGR of 4.33%.

MARKET TRENDS & DRIVERS

Growing Demand for Professional Cleaning Services

The growth in professional contract cleaning services is expected to develop significant opportunities for the global pressure washer market. These commercial pressure washer services provide all domestic and commercial pressure washing facilities for tractors, sidewalks, bricks, concrete surfaces, farming equipment, buildings, cement structures, garages & parking lots, boats, and tanks. Also, the significant growth in the construction of office and workspace buildings over the past few years has resulted in high demand for building exterior cleaning services, which, in turn, has resulted in the growth of the commercial pressure washing service industry.

Surge in Residential & Commercial Applications

Pressure washers are highly versatile tools and can be used for several cleaning applications. Being portable and easy to use, these machines can be used for domestic and heavy-duty commercial and industrial cleaning. Some major applications of pressure washers include vehicle washing, paint stripping, and cleaning building exteriors, floors, and ceilings. However, with the latest technological innovations in the pressure washer market, several nozzles with varying water pressure can clean almost every surface, ranging from lawns to garden tools and furniture to fences. Thus, the growing end-user applications have driven the demand for pressure washers over the past few years.

INDUSTRY RESTRAINTS

Availability of Substitute Cleaning Methods

The rising adoption of alternative cleaning technologies such as foam-based cleaning, heat cleaning, sandblasting, vapor blasting, dry and wet ice blasting techniques, or even traditional cleaning is a significant challenge for the pressure washer market growth during the forecast period. Although pressure washers can help clean dirt, paint, graffiti, oil, or grime from hard surfaces, they are not the ideal solution in most cases. Further, several cleaning companies offer home and walkway cleaning using traditional methods with industrial soap and regular hoses.

SEGMENTATION INSIGHTS

INSIGHTS BY TYPE

The global pressure washer market by type is segmented into mobile and stationery. The mobile-type segment is expected to be the largest in the global market. The global mobile pressure washer market is gaining momentum due to the rising demand for effectiveness and efficiency among various residential, commercial, and industrial users, the improving car washing industry, increasing disposable income, and stringent norms regarding cleanliness and hygiene in various end-user industries.

INSIGHTS BY POWER SOURCE

The electric segment is expected to be the largest in the global pressure washer market by power source. Electric pressure washers are more popular than gas- and battery-powered pressure washers. Electric pressure washers clean small decks, patios, furniture, and light-duty cleaning. They are mainly used for stain removal and domestic usage. These machines are generally lightweight, making them highly portable.

INSIGHTS BY OPERATION

The global pressure washer market by operations is segmented into hot and cold water. Hot water dominated the segmental market share in 2023. Hot water pressure washers are generally used in industrial and commercial cleaning applications. Also, hot water pressure washers are widely used in the food processing and automobile industries to remove engine grease or kill harmful bacteria, helping maintain rigorous health and safety standards.

Further, cold water pressure washers can usually clean dirt and grime from surfaces. However, hot water pressure washers more effectively remove oil and grease from surfaces. The pressure washer breaks down the bond that exists on a molecular level in oil and grease and can also get rid of bacteria, algae, and other residues efficiently due to the distributed heat.

INSIGHTS BY OUTPUT

The 1,501-3,000 PSI output segment is expected to be the largest in the global pressure washer market. This segment constitutes both electric and gas-powered pressure washers. It includes heavy-duty residential cleaning equipment to help clean concrete, sidewalks, walls, and other hard surfaces. Most electric-corded pressure washers have an output pressure capacity of below 3,000 PSI. Washers with 3,000 PSI pressure can remove the toughest stains and dirt and can also be used to scrape paints, mud, and oil within seconds. Further, a 2,000 PSI pressure washer is recommended for medium- to heavy-duty residential applications.

INSIGHTS BY END-USER

The global pressure washer market by end-user is segmented as residential, commercial & industrial, and contract cleaners. The residential segment holds the most significant segmental market in 2023. The demand for residential cleaning equipment is mainly growing due to the increasing number of households, an aging population, and many dual-income households. Household pressure washers can be used for various purposes, from cleaning pavements, walls, and roofs to furniture, cars, and swimming pools. Depending on the type of cleaning, various pressure washers are available for residential usage.

Further, the demand for gardening equipment is growing globally, fueled by high-income levels, better consumer awareness, an aging population, and increased zeal for backyard beautification. The rising concern over outdoor cleaning and garden maintenance drives the market for residential or semi-professional pressure washers. Thus, pressure washers are considered one of the most versatile garden power tools and are more effective than normal garden hoses. Nilfisk, Karcher, Bosch, and STIHL are some of the key players in this segment.

INSIGHTS BY DISTRIBUTION CHANNEL

The offline distribution channel is expected to be the largest in the global pressure washer market. The offline distribution channel dominates the sales of pressure washers. It is estimated to grow significantly during the forecast period due to high customer preference for comprehending the functionalities and usage of products before making the final purchase.

Moreover, since pressure washers involve high costs, the preference for offline channels remains high to minimize the risk of receiving damaged products. Furthermore, the distribution system for pressure washers is set apart from regular, residential-geared equipment in terms of the marketing channel, customer technical support, and service needs. Dealer support often plays a crucial role when it comes to brand consideration.

GEOGRAPHICAL ANALYSIS

Europe holds the most significant global pressure washer market share, valued at over USD 1.04 billion in 2023. The regional market growth is mainly supported by rising business investments, increasing commercial and residential construction, government spending on infrastructure, and the growth in the hospitality sector supported by the rise in travel and tourism in the region. In addition, the increasing disposable income and the rising number of dual-income households have been driving the adoption of residential cleaning equipment over the past few years.

COMPETITIVE LANDSCAPE

The global pressure washer market is highly competitive, with many vendors. The rapid technological changes adversely impact market vendors as consumers increasingly expect continuous technology-enabled innovations and upgrades to existing products. The present scenario drives vendors to alter and refine their unique value propositions to achieve a stronger market presence.

Key Company Profiles

  • Karcher
  • Nilfisk
  • FNA Group
  • Bosch
  • Briggs & Stratton

Other Prominent Vendors

  • 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

Key Attributes:

Report AttributeDetails
No. of Pages481
Forecast Period2023 - 2029
Estimated Market Value (USD) in 2023$3.07 Billion
Forecasted Market Value (USD) by 2029$3.96 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal

MARKET DYNAMICS:

Market Opportunities & Trends

  • Technological Advances & Increased Product Efficiency
  • Rise in Need for Automation
  • Growth in Demand for Professional Contract Cleaning Services
  • Rise in Adoption of Consumer Pressure Washers
  • Focus on Energy Efficiency and Water Conservation

Market Growth Enablers

  • Rise in Construction Activities Drives the Adoption of Pressure Washers
  • Surge in Residential & Commercial Applications
  • Increase in Disposable Incomes
  • Growth in Vehicle Washing Industry
  • Growth in Sales of Gardening Equipment
  • Growth in Awareness of Hygiene and Sanitation

Market Restraints

  • High Risk of Injuries
  • Competition from Alternative Cleaning Solutions
  • Variability in Raw Material Prices
  • High Noise Emissions by Pressure Washers

SEGMENTATION INSIGHTS

Segmentation by Type

  • Mobile
  • Stationery

Segmentation by Power Source

  • Electric
  • Gas
  • Battery
  • Others

Segmentation by Operations

  • Hot Water
  • Cold Water

Segmentation by Output

  • 0-1,500 PSI
  • 1,501-3,000 PSI
  • 3,001-4,000 PSI
  • Above 4,000 PSI

Segmentation by End-User

  • Residential
  • Commercial & Industrial
  • Contract Cleaners

Segmentation by Residential

  • Gardens
  • Vehicles
  • Swimming Pools & Large Patio Areas
  • Bicycles
  • Others

Segmentation by Commercial & Industrial

  • Automobile
  • Construction
  • Public & Municipality
  • Retail
  • Hospitality
  • Healthcare
  • Agriculture
  • Others

Segmentation by Distribution Channel

  • Offline
  • Online

For more information about this report visit https://www.researchandmarkets.com/r/f26re8

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Global Pressure Washer Market

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