As per the report published by Fior Markets ,the global portable pressure washer market is expected to grow from USD xx Million in 2017 to USD xx Million by 2025 at a CAGR of xx% during the forecast period from 2018-2025.North Americais dominating the market as it is hub of building exterior cleaning industries.Also, increased preference of consumers towards DIY and the rising number of independent houses growing gardening and landscaping services are another two factors affecting the demand.
Portable Pressure Washer Market by Application (Residential, Commercial, Industrial), Product (Electric Motor, Gas, Others), Distribution Channel (Online, Offline), Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.
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Leading companies in the industry include Alfred Karcher, FNA Group, Generac Power Systems, Briggs & Stratton,Nilfisk Group, Snow Joe, AR Blue Clean, Clearforce among others whichare offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.For instance, Alfred Kärcherprovides HIGH PRESSURE WASHER K 7 PREMIUM FULL CONTROL EU that is capable of washing and cleaning bicycles, gardening machines and tools, garden, patio or balcony furniture, fences and smaller garden paths or flagstones, motorcycles and scooters, small cars, external staircases and larger garden paths, medium-sized vehicles and estate cars, garden and stone walls, mobile homes, swimming pools and patio surfaces, and everything around the house and facades.
The application segment is classified residential, commercial and industrial. The industrial segment is dominating the market in 2017. Pressure washing has an important role in heavy industries as it helps to increase the production capacity and efficiency of the industries. Product segment is divided into segments such as electric motor, gas, and others. The electric motors segment is dominating the market with the highest share in 2017. Electric pressure washers are much economical and user-friendly. They are compact and can be carried anywhere and need to connect with the power to operate. Distribution channel segment includes online and offline. The online segment is dominating the portable pressure washer market in 2017 due to growing digital technology and usage of mobiles. E-commerce platforms such as Alibaba, Amazon etc. possesses a high growth rate due to the wide variety offered by them coupled with numerous offers.
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The increasing demand for pressure washers for commercial services such as car washing, floor cleaning, maintaining swimming pools, and gardening is one of the driving force. Also, technological improvements and increased production efficiency and the rising number of vehicles are also fuelling the growth of the market. But the cost of pressure washers is too high which may hinder the growth of the market. However, the growing standard of living, increasing disposable income and rising demand for standard goods and commercial services should drive the industry growth in the coming years.
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