Global Portable Pressure Washers Market 2018-2022
About Portable Pressure Washers
Portable pressure washers use high-pressure water sprays that remove grime, dust, mud, loose paint, mold, chewing gum, and dirt from surfaces and objects such as vehicles, buildings, and concrete surfaces. The source of water, in this case, is an external water pump. There are two fuel type pressure washers available in the market, namely electric and gas.
Technavio’s analysts forecast the global portable pressure washers market to grow at a CAGR of 4.43% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global portable pressure washers market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Portable Pressure Washers Market 2018-2022
Technavio recognizes the following companies as the key players in the global portable pressure washers market: Alfred Kärcher, FNA Group, Nilfisk Group, Sun Joe, and AR Blue Clean.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technology advances and increased product efficiency. The vendors operating in the portable pressure washers market are continuously engaged in technology advances and increasing product efficiency. To avoid the implications of government regulations, they majorly focus on the technology and fuel and are introducing products that operate on electricity.”
According to the report, one driver in the market is growing gardening and landscape services market. Landscaping and gardening are activities that include modification of garden-featured areas, construction of terrains and water bodies, and use of artificial lighting in vacant pieces of land and the exterior and interior of buildings, houses, and public spaces. They also include the maintenance and servicing of gardens and landscapes in residential properties
Further, the report states that one challenge in the market is increasing raw material prices. The raw materials used in manufacturing portable pressure washers are iron, steel, aluminum, plastic, and rubber. These raw materials have volatile prices that shift according to international prices. However, the major price challenge for any product is directly related to the cost of its raw materials.
Alfred Kärcher, FNA Group, Nilfisk Group, Sun Joe, and AR Blue Clean.