Report : Asia-Pacific Airport Cleaning Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Truck-Mounted and Walk-behind) and Application (Surface Cleaning, Rubber Removal, Paint Removal, and Other Applications)
Surface Cleaning Segment to Dominate APAC Airport Cleaning Machine Market during 2021–2028.
According to a new market research study on “APAC Airport Cleaning Machine Market to 2028 – COVID-19 Impact and Analysis and Forecast by: Type and Application,” is expected to reach US$ 930.30 million by 2028 from US$ 581.87 million in 2021. The market is estimated to grow at a CAGR of 6.9% from 2021 to 2028. The report provides trends prevailing in the APAC airport cleaning machine market along with the drivers and restraints pertaining to the market growth. Strong potential in developing countries is the major factor driving the growth of the APAC airport cleaning machine market. However, issues associated with the expenditure associated with procuring and maintaining advanced cleaning machines hinder the growth of APAC airport cleaning machine market.
The APAC airport cleaning machine market is segmented into type, application and country. Based on type, the market is segmented into truck-mounted and walk-behind. The walk-behind segment dominated the market in the year 2020 and is expected to be the fastest growing during forecast period. Based on application, the airport cleaning machine market is categorized into surface cleaning, rubber removal, paint removal, and other applications. The surface cleaning segment dominated the market in the year 2020 and is expected to be the fastest growing during forecast period.
Asia-Pacific constitutes the world’s two most populated countries that are also hubs for manufacturing – India and China. China virtually imposed strict lockdown and social isolation, which almost halted the manufacturing and production for several weeks. Moreover, the country also suspended the import as well as export of critical raw materials and components, which disrupted the global supply chains in early 2020. India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country. As a result, lockdown, and disruption of industrial activities across China and India contributed to the disruption of supply chain of various raw material and goods. However, these countries had to permit the manufacturing of a few essential goods. Travelling was restricted, and several huge airport expansion and development projects were halted for months. For instance, in India, expansion of Kolkata Airport as well as Bangalore Airport was halted, owing to the pandemic that was at peak in mid-2020. With such halts of major projects, demand for new airport cleaning machine got skewed as well, impacting the India airport cleaning machine market. Similar trend was visible in other parts of the region. Therefore, the impact of COVID-19 pandemic on Asia Pacific airport cleaning machine market was significant.
Avidbots Corp., Blastrac; BORUM A/S, Multihog Ltd., Nilfisk Group, Roots Multiclean LTD., and SMETS TECHNOLOGY GmbH are among the leading companies in the APAC airport cleaning machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, The Borum Master 5500 is a high capacity line marking machine designed for large scale jobs such as marking highways, motorways, or airport runways. The possibility of large material capacity means fewer stops during the day for refilling.
The report segments the APAC Airport Cleaning Machine market as follows:
APAC Airport Cleaning Machine Market – By Type
APAC Airport Cleaning Machine Market – By Application
- Surface Cleaning
- Rubber Removal
- Paint Removal
- Other Applications
APAC Airport Cleaning Machine Market – By Country
- South Korea
- Rest of APAC
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