Rising Trend of Car washing in North America According to our latest market study on "North America and Europe Pressure Washer Hoses Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type (Low Pressure Hose and High-Pressure Hose), Material Type (Metal, Plastic, Rubber, and Polyurethane), and Application (Vehicles, Homeowners, Industrial, and Others)," the market is projected to reach US$ 3,531.4 million by 2028 from US$ 2,783.1 million in 2022; it is expected to register a CAGR of 4.0% from 2022 to 2028.
Pressure washer hoses are highly preferred to remove stains and dirt from vehicle exteriors, owing to their high efficiency. Further, the increase in construction activities across the US, Canada, and Mexico is expected to boost the market growth. With the increase in residential apartments, the demand for home cleaning equipment will grow, creating substantial opportunities for the market. Thus, it is expected to boost the demand for electric pressure washer hoses equipment in the coming years. Furthermore, the agriculture industry is also anticipated to offer new opportunities for the pressure washer hoses market. Countries like the US, the UK, Germany, and Canada are technologically advanced and utilize modern cleaning equipment to maintain their storage areas and farm machinery well and neat. Thus, the agricultural industry's growing demand for pressure washer hoses is expected to boost the pressure washer hoses market growth.
Several new technologies continue to emerge in the automation of pressure washer operations. The growing trend of artificial intelligence (AI) in the pressure washer industry is expected to play an important role in developing pressure washers in the long term. The use of artificial intelligence (AI) will improve the functioning of pressure washer machines with improved machine performance, high efficiency, making them easier to use for homeowners. Thus, AI-powered pressure washers can be a new trend in DIY applications, creating a strong base for the pressure washer hose market during the forecast period. Companies in the pressure washer industry are leveraging AI-based technologies. Also, the rising trend of automation in pressure washers is expected to offer lucrative opportunities for North America and Europe pressure washer hoses market growth. For instance, Karcher, a Germany-based leading pressure washer manufacturer, offers AI-powered pressure washers.
The North America and Europe pressure washer hoses market is segmented into product type, material type, and application. Based on product type, the market is bifurcated into low pressure hose and high-pressure hose. The high-pressure hose segment is expected to hold a large portion of the market share, owing to larger adoption in industrial and commercial applications. Based on material type, the market is segmented into metal, plastic, rubber, and polyurethane. Based on application, the market is segmented into vehicles, homeowners, industrial, and others. The homeowners segment is expected to hold a large share, owing to increasing demand from residential sector.
The key market players or service providers in the North America and Europe pressure washer hoses market include Dunham Rubber & Belting Corporation, Yamatic Power, McGill Hose and Coupling Inc, Kuriyama of America Inc, Semperit AG, Seal Fast Inc, Simpson, Generac Power Systems Inc, Karcher North America, and Robert Bosch GmbH.
Impact of COVID-19 Pandemic on North America and Europe Pressure Washer Hoses Market
The COVID-19 pandemic negatively impacted automotive, construction, and industrial sectors in North America. The growing automobile industry is expected to boost the demand for pressure washer hoses market amidst COVID-19 due to the high demand for car washing services. In addition, a decrease in vehicle sales caused a decline in demand for pressure washing cleaning services. However, the growing concerns regarding better hygiene and dirt cleaning offered new opportunities for market growth during the COVID-19 pandemic. Major players such as Clean Master and Seal Fast Inc. provided their pressure washing cleaning products and services through online portals. The COVID-19 pandemic and its disruption of global supply chains increasingly affected construction activities, with shortages of raw materials, contractors and subcontractors, and workers. The COVID-19 pandemic negatively impacted 70.0% of construction companies in the US, according to Agent Authority's Nationwide report in 2021. Some building material supply chains suspended production and distribution of construction-related equipment.
Based on product type, the North America and Europe pressure washer hoses market is bifurcated into low pressure hoses and high-pressure hoses. In terms of material type, the North America and Europe pressure washer hoses market is segmented into metal, plastic, rubber, and polyurethane. Based on application, the North America and Europe pressure washer hoses market is segmented into vehicles, homeowners, industrial, and others. Based on region, the market is segmented into North America and Europe.
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