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The Pressure Washers Market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for Pressure Washers is the increasing demand for Pressure Washers in various industries.
This report on the Pressure Washers Market has been put together covering various companies of the industry from different geographies. The study is a perfect blend of qualitative and quantitative research highlighting vital market developments, challenges and competition that the industry might face, along with opportunities and trends available in the Pressure Washers Market. The report intends to present a thorough analysis of the Pressure Washers Market and provide cutting-edge market intelligence to help decision makers undertake a sound investment evaluation. Besides, the report also classifies and analyses the emerging trends along with major growth drivers.
Pressure Washers Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges act as extrinsic factors affecting the market. The report aims at answering several key questions concerning the overall profitability in the market.
Few key players operating in the Pressure Washers Market are-
• Revive Power Washing (The U.S.),
• AR North America (The U.S.),
• FNA GROUP (The U.S.),
• DeWalt Industrial Tool Company (The U.S.),
• Generac Holdings Inc. (The U.S.),
• Alfred Kärcher SE & Co. KG (Germany),
• CRAFTSMAN (The U.S.),
• Snow Joe LLC (The U.S.), and
• Ryobi Limited (Japan).
Growth drivers and Market Value:
This report, from Stratview Research Pressure Washers Market value and growth drivers over the trend period of 2022-27. According to the report -
The Global Pressure Washers Market is estimated to grow from USD 1.9 billion in 2021 to USD 2.3 billion by 2026 at a healthy CAGR of 3.3% during the forecast period.
Segment Analysis:
Based on by Application Type:
• The garden washer segment accounted for around 30% share of the market and is likely to grow at a healthy CAGR during the review period.
• Increasing gardening activity with the rise of community gardens and increased interest of millennials in natural products to protect the environment is likely to drive the growth of the garden washer segment.
• The popularity of pressure washers is also increasing in-home cleaning.
Based on Regional:
North America held the largest market share of approximately 35% in 2021 and is anticipated to witness significant growth during the review period. The market growth can be attributed to widespread usage of pressure washers in applications such as car washing and garden cleaning. The market in Asia-Pacific is expected to grow at fastest CAGR during the forecast period 2021-2026.
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