Report : Asia Pacific Drain Cleaning Equipment Market Forecast to 2030 - Regional Analysis - by Product [Hand Tool (Snake, Auger, Plunger, and Others), Sink Machines, Sectional Machines, Rodders, Jetters (Cart Jetters, Skid Mounted Jetters, and Trailer Jetters), Push Rod Camera, Locating Equipment, Flexible Shaft Machine, and Drum/Continuous Cable Machine], Sales Channel (Online, Retail, and Distributors), and Power Source (Hand Operated, Fuel Powered, Gas Powered, and Electric)
At 9.6% CAGR, Asia Pacific Drain Cleaning Equipment Market is Speculated to be Worth US$ 916.49 million by 2030, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific drain cleaning equipment market was valued at US$ 438.88 million in 2022 and is expected to reach US$ 916.49 million by 2030, registering a CAGR of 9.6% from 2022 to 2030. Increased awareness and investments toward efficient sewage infrastructure and rapid urbanization are among the critical factors attributed to drive the Asia Pacific drain cleaning equipment market growth.
A poorly implemented and maintained sewage infrastructure could negatively impact individuals' quality of health and wellness within the cities. In addition to this, the lack of efficient waste management and collection could lead to numerous infections, diseases, and harmful components affecting the individual and compromising public safety. As a result, various government and nongovernment agencies have educated the masses about the significance of efficient management of waste and maintenance of sewerage infrastructure across commercial and residential units. For this, the governments of various economies are investing heavily in developing new sewage infrastructure and the upgradation of the old sewage infrastructure.
The Indian government is actively working to improve the nation's total water infrastructure. The Union Budget sets aside a sizeable sum of funds each year for the construction of water infrastructure. Through network augmentations, treatment upgrades, and metering and loss reduction, programs such as the Jal Jeevan Mission (JJM), National Mission for Clean Ganga (NMCG), Atal Mission for Rejuvenation and Urban Transformation (AMRUT), and other projects focused on rural and urban areas are significantly expanding access to safe, dependable, and affordable tap water supply. The National Framework on Recycle & Reuse (SRTW) policy of the government is a key tool in reducing the pressure on limited freshwater resources and encouraging the use of treated wastewater. Increasing recycling and safe reuse helps the government reach SDG 6.3 on improving water quality and demonstrates its commitment to environmental sustainability. Government rules are also encouraging enterprises to recycle and reuse water, which helps to preserve freshwater resources like groundwater. Such governments and nongovernmental investments in water management projects have surged the usage of drain systems and the development of new drain networks, ultimately increasing the demand for drain-cleaning equipment.
On the contrary, volatile raw material prices and impact of macro-economic factors hamper the growth of Asia Pacific drain cleaning equipment market.
Based on product, the Asia Pacific drain cleaning equipment market is segmented into hand tool, sink machines, sectional machines, rodders, jetters, push rod camera, locating equipment, flexible shaft machine, and drum/continuous cable machine. The locating equipment segment held 23.2% market share in 2022, amassing US$ 101.82 million. It is projected to garner US$ 185.21 million by 2030 to register 7.8% CAGR during 2022–2030. Furthermore, the hand tool segment is sub segmented into snake, auger, plunger, and others. Additionally, the jetters segment is subcategorized into cart jetters, skid mounted jetters, and trailer jetters.
In terms of sales channel, the Asia Pacific drain cleaning equipment market is segmented into online, retail, and distributors. The retail segment held 43.0% share of Asia Pacific drain cleaning equipment market in 2022, amassing US$ 188.88 million. It is anticipated to garner US$ 384.79 million by 2030 to expand at 9.3% CAGR during 2022–2030.
By power source, the Asia Pacific drain cleaning equipment market is divided into hand operated, fuel powered, gas powered, and electric. The electric segment held 43.9% share of Asia Pacific drain cleaning equipment market in 2022, amassing US$ 192.48 million. It is projected to garner US$ 377.27 million by 2030 to expand at 8.8% CAGR from 2022 to 2030.
Based on country, the Asia Pacific drain cleaning equipment market is categorized into Australia, India, China, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 34.4% share of Asia Pacific drain cleaning equipment market in 2022. It was assessed at US$ 150.97 million in 2022 and is likely to hit US$ 287.48 million by 2030, registering a CAGR of 8.4% during 2022–2030.
Key players operating in the Asia Pacific drain cleaning equipment market are RIDGID Inc, Nilfisk Holding AS, Australian Pump Industries, and Goodway Technologies Corp, among others.
- In 2022, Spartan Tool Announced the launch of its new product Spartan Vision App. The application is compatible with the traveler series pipe inspection cameras for enhanced visibility, add on-screen text annotations and voiceover narration.
- In 2021, General Pipe Cleaners launched Flexi Shaft Technology enabled new draining tools. It's a flex-shaft device that can release a stubbornly clogged drain while also serving as a pipe prep and milling machine, thanks to a more robust and stiffer flexible shaft and outer sheath.
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