Your industry news - first
Endless opportunities hiding amidst ageing infrastructure to fuel portable pressure washer market
The global portable pressure washer market is a bustling avenue expected to grow with new opportunities, with the ageing infrastructure in major countries like the US and new infrastructures in growing ecomomies likely to open new prospects, as well as a growing demand from the automotive cleaning market, according to a new report.
The report also reveals that electric washers are expected to witness the highest demand, with gas-pressured devices following closely behind.
Major manufacturing concerns in the market relate to the increasingly slim design of equipment required for ease of transportation and storage and an increased demand for additional features, including multi-use functions, or the ability to switch between chemicals in applications such as vehicle cleaning.
The report identifies that a more balanced approach is perhaps needed in product design and that the high cost of equipment is an issue when it comes to potential customers making buying decisions, with alternatives such as sandblasting and foam based cleaning equipment often winning the business.
Improvements in equipment are expected to help the market reach a total revenue of $US 2048.4 million by 2026. The market is expected to register a modest 3.5% Compound Annual Growth Rate until 2026.
The report is available via:
23rd May 2019