The total value of the pressure washer market was USD 2,629.1 million in 2021, and it will reach USD 3,868.9 million by 2030 progressing with a rate of 4.4% in the years to come, as per a report by a market research firm, P&S Intelligence
This has a lot to do with the increasing requirement for pressure washers in commercial and residential applications and the increasing count of carwash stations.
The commercial category dominated the industry with, around 40%, in the past, because of the increasing consciousness of cleanliness amongst owners of commercial spaces. These devices are put to use in numerous commercial settings, such as, hospitals and retail stores; and public places, for example sidewalks, roads, and monuments.
Moreover, more than a few startups delivering professional cleaning services have arisen in current years, for example Urban Company. With the increase in the income and living standard of people, the preference for these services is increasing, for effective patio cleaning, car cleaning, and cleaning of home exteriors.
Sales of hot-Water pressure washers will grow faster, with above 4% rate, on the basis of operation, in the years to come.
The usage of hot-water pressure washers can decrease the duration of cleaning by 35% and deliver a more-efficient cleaning. This is powering their requirement for deep cleaning applications, as they can clean grease, oil, and numerous other substances that can't be removed from surfaces with conventional methods.
APAC will have the fastest growth, about 5%, in the pressure washer market, majorly as a result of the government initiatives for emerging infra. For example, in February 2020, the government of China publicized plans to invest USD 1.4 trillion for developing digital infra, inter-city transportation systems, such as railway systems, and 5G networks.
Likewise, the requirement for floor cleaning, vehicle washing, gardening, and maintenance services of swimming pool is increasing with the increase in the income of people all over the world. As stated by the OICA, about 82 million vehicles were sold worldwide in the recent past, thus driving the requirement for carwash services.
Furthermore, with the increasing count of households in nations for example China, India, and Indonesia, the use of pressure washers for car cleaning and gardening is on the rise.
The 1,501–3,000 PSI pressure washers dominated the industry with over 50%, due to the growing use of these alternatives for washing vehicles and for residential purposes, such as gardening and cleaning.
Globally, car washing is a key use of pressure washers, generating about 10% in the past. The monumental development in the requirement for carwash services will improve the pressure washer sales.
It is because of the increasing count of carwash stations, the need for pressure washers is increasing all over the world.
