Global Portable Pressure Washer Market : Industry Analysis and Forecast (2018-2026)
Global Portable Pressure Washer Market was valued US$ 991.01 Mn in 2017 and is expected to reach US$ 1401.03Mn by 2026, at a CAGR of around 3.92% during a forecast period.
Rising standard of living, increasing disposable income, and growing demand for standard goods and commercial services is expected to drive the market growth over the forecast period. Growing number of vehicles will boost the demand for portable pressure washers from residential consumers Unlike traditional method of washing, portable pressure washers are highly efficient and are able to reduce considerable wastage of water. This helps in addressing the global water disasters and is anticipated to increase demand during the forecast period. New and innovative product developments such as solar pressure washer, fuel and diesel pressure washer, modification of old products in order to increase their capacity and tapping untapped markets will boost the demand for pressure washers during the forecast period. Conversely, high price of pressure washers obstructs the growth of the consumer pressure washer market.
The portable pressure washer market is segmented by product type, electric pressure washers are affordable and user-friendly. Electric pressure washers are anticipated to have the highest CAGR of XX % during forecast period. Gas pressure washers have the utmost demand from the commercial segment due to their heavy capacity ranging from 2500-4500psi. Rising number of industries and growth of the automotive sector is expected to drive the gas pressure washer market during the forecast period.
Global portable pressure washer market is highly fragmented and the major players have used several strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to rise their footprints in this market.
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Geographically, North America holds major share in global pressure washer market due to increasing growth of building outdoor cleaning industries. Europe holds second position in growth rate for consumer pressure washers due to humanizing lifestyle and infrastructure. Growing industrial and agriculture sector is projected to fuel the demand for consumer pressure washers in Europe. As well, Asia Pacific is anticipated to have the highest market share in terms of revenue for consumer pressure washers during the forecast period. The growth in the region is attributed to the increasing demand for consumer pressure washers in developing economies due to growing disposable income. In addition, the rising trend of e-commerce with increasing purchasing power of consumers is also expected to boost the market growth over the forecast period. Middle East & Africa is likely to have lower CAGR during forecast period due to absence of water bodies.
Report will help to decision maker to delivering the list of leading competitors and offers the insights into strategic industry analysis of the key factors influencing the FMCG industry. Portable Pressure Washer Market research report covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, and major applications. The report also provides data on patterns and developments, and target business sectors and materials, limits and advancements. While formulating this Portable Pressure Washer Market research report, the key attributes that have been implemented include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most latest technology.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global portable pressure washer market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global portable pressure washer market.
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Scope of Global Portable Pressure Washer Market
Global Portable Pressure Washer Market, By Product Type
• Electric Motor
• Gas
• Others
Global Portable Pressure Washer Market, By Distribution Channel
• Offline
• Online
Global Portable Pressure Washer Market, By Application
• Commercial
• Residential
• Industrial
Global Portable Pressure Washer Market, By Output Type
• 1500 – 1750 psi
• 1800 – 2000 psi
• 2000 – 3000 psi
• 3000 – 4200 psi
Global Portable Pressure Washer Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Portable Pressure Washer Market
• Nilfisk Group
• Generac Power Systems, Inc.
• Snow Joe, LLC
• Techtronic Industries North America
• Stanley Black & Decker, Inc.
MAJOR TOC OF THE REPORT
Chapter One: Portable Pressure Washer Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Portable Pressure Washer Market Competition, by Players
Chapter Four: Global Portable Pressure Washer Market Size by Regions
Chapter Five: North America Portable Pressure Washer Revenue by Countries
Chapter Six: Europe Portable Pressure Washer Revenue by Countries
Chapter Seven: Asia-Pacific Portable Pressure Washer Revenue by Countries
Chapter Eight: South America Portable Pressure Washer Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Portable Pressure Washer by Countries
Chapter Ten: Global Portable Pressure Washer Market Segment by Type
Chapter Eleven: Global Portable Pressure Washer Market Segment by Application
Chapter Twelve: Global Portable Pressure Washer Market Size Forecast (2019-2026)
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