The drain cleaning equipment market is projected to experience robust growth over the forecast period, with a CAGR of 6.0% from 2022 to 2032. Valued at USD 234.6 million in 2022, the market is expected to reach an impressive USD 418.9 million by 2032.
Historical data shows that from 2016 to 2021, the global drain cleaning equipment market grew at a CAGR of around 5.1%. The rising demand for drain cleaning equipment is primarily driven by the need to maintain water, wastewater, and sewer utilities. However, preserving drainage and piping systems is a challenging task, making drain cleaning equipment essential but often overlooked in health and safety maintenance.
The global study highlights that blockages in drainage systems are caused by various materials, some of which are difficult to remove. Drain cleaning equipment simplifies the process of clearing these blockages, thereby enhancing the efficiency of the drainage system. This increased adoption of drain cleaning equipment is anticipated to boost market share in the coming years.Bottom of Form
Key Takeaways
- The drain cleaning equipment comprises both hand tools and power tools. One of the common misconceptions regarding drain cleaning equipment is that one machine is able to handle all drain issues. However, it is not the case, since there are several issues at multiple locations and various sizes of systems. Different equipment is built to resolve a different issue effectively and is likely to surge the sales of drain cleaning equipment in recent years.
- The drain cleaning equipment market survey reveals that one of the major factors responsible for the surge in the demand for drain cleaning equipment requirements during the forecast period is due to significant investments by state and federal governments in the operation and maintenance of water, wastewater, and sewer utilities.
- According to a survey conducted by the American Society of Civil Engineers (ASCE), substantial growth is witnessed in the drain cleaning equipment segment due to the rise in the quality of wastewater treatment plants. Owing to the growth of these targeted markets the drain cleaning equipment market is expected to propel.
- The utilization of traditional hand tools such as plungers and augers are usually observed in household applications, owing to their low cost, which leads to the high penetration of these products. These factors are propelling the drain cleaning equipment market’s growth in recent years.
Competitive Landscape
The prominent market players in the drain cleaning equipment market are significantly contributing to the growth by embracing several skillful methods including mergers, partnerships, collaborations, and others. These players are developing products as per customers’ requirements which directly increases the market growth in coming years. Competitors work on problem-solving skills along with the long price range to target multi-class.
Key Segments:
By Product Type:
- Drain Cleaning Hand Tools
- Drain Cleaning Auger
- Drain Cleaning Hand Spinners
- Drain Cleaning Plungers
- Drain Cleaning Sewer Tapes
- Drain Cleaning Power Tools
- Drain Cleaning Sink Machines
- Drain Cleaning Drum Machines
- Drain Cleaning Sectional Machines
- Drain Cleaning Water Jetters
- Drain Cleaning Rodder Machines
By Application:
- Municipal
- Residential
- Industrial
By Sales Channel:
- Distributors
- Retail Outlets
- Online Sales
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
Report Preview: https://www.futuremarketinsights.com/reports/drain-cleaning-equipment-market
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