According to our latest study on "Drain Cleaning Equipment Market Forecast to 2030 - Global Analysis - by Type, Sales Channel, and Power Source," the market is expected to grow from US$ 1,806.07 million in 2022 to US$ 3,438.65 million by 2030; it is anticipated to record at a CAGR of 8.4% from 2022 to 2030. Apart from growth drivers, the report covers the drain cleaning equipment market trends and their foreseeable impact during the forecast period.
Due to demographic trends, low mortgage rates, and increased household income, residential construction has increased enormously. Along with the new construction, steady growth in renovation and maintenance has been witnessed. Nonresidential construction is also growing due to the positive urge from consumer and comparatively high corporate profits. The rising demand for housing in this region is one of the key drivers for the construction sector in Europe. Countries such as Germany and the UK are experiencing high growth in their construction sector. Governments of various countries are taking initiatives to support the construction industry. For instance, the German government initiated an urban development program in 2022 that focuses on housing construction. Such initiatives have supported the growth of the construction sector in the region. The growing residential construction leads to the development and expansion of the drain network, ultimately driving the demand for drain cleaning equipment.
An improved mortgage and low interest rates offered to households drive the Italian construction sector. In addition, the increased investment in the construction sector is projected to support the drain cleaning equipment market in Italy. Another 14.5% of the investments concerned new residential buildings. Further, the government announced schemes such as the First Home Guarantee, which accelerated the growth of residential construction. Therefore, with the growth of the construction sector in the country, the demand for drain-cleaning equipment is expected to witness an increase in the coming years. Gerotto Federico srl, Kaiser AG, and Urban Cleaning Equipment-PTC srl are a few popular drain equipment manufacturers in Italy.
Spartan Tools, Ridgid Inc., Nilfisk Holdings AS, Australian Pump Industries, GORLITZ SEWER & DRAIN Inc., Gator Drain Tools, Flowplant Group Ltd, Duracable Manufacturing Co, Electric Eel Manufacturing Co. Inc., and Goodway Technologies Corp are a few of the key drain cleaning equipment market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed to get a holistic overview of the global drain cleaning equipment market.
Key Findings of Market Study:
The global drain cleaning equipment market is segmented on the basis of product, sales channel, power source, and geography. By product, the market is categorized into hand tools, sink machines, sectional machines, rodders, jetters, push rod cameras, locating equipment, flexible shaft machines, drum/continuous cable machines, and others. Based on sales channel, the global drain cleaning equipment market is segmented into online, retail, and distributors. Based on power source, the drain cleaning equipment market is classified into hand operated, fuel operated, gas powered, and electric. Based on geography, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). A hand tool is a drain cleaning tool that uses a flexible steel coil to reach deep within the drain or supply pipes up to 25 feet long, around multiple difficult-to-reach bends, to remove challenging obstructions. These are used for removing drain clogs that cannot be removed by using liquid drain cleaners, and require an additional tool for cleaning. These tools are used for cleaning sinks and toilets and for minor drain problems, for example, a clump of hair. The hand tools include a snake, auger, and plunger.
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