Report : Europe Drain Cleaning Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product (Hand Tool, Sink Machine, Sectional Machines, Rodders, Jetters, Push Rod Camera, Locating Equipment, Flexible Shaft Machine, and Drum/Continuous Cable Machine), End user (Residential, Commercial, Industrial, and Municipal), Sales Channel (Online, Retail, and Distributor), and Pipe Size (Less than 3 Inch, 4–8 Inch, 9–11 Inch, and Above 12 Inch)
At 7.0% CAGR, the Europe Drain Cleaning Equipment Market is speculated to be worth US$ 865.50 Million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Europe drain cleaning equipment market was valued at US$ 578.09 million in 2022 and is expected to reach US$ 865.50 million by 2028, registering a CAGR of 7.0% from 2022 to 2028. Surging urbanization in developing economies and development of technology-driven drain cleaning equipment are the critical factors attributed to the Europe drain cleaning equipment market expansion.
A poorly implemented and maintained sewage infrastructure hampers the quality of health and wellness of dwellers within densely populated metro cities. In addition, the lack of efficient waste management and collection leads to numerous infections and diseases, as harmful components can affect individuals and compromise public safety. Hence, various government and non-government agencies are taking initiatives to educate the masses on the significance of efficient waste management and sewerage infrastructure maintenance across commercial and residential units. The authorities of various economies are also investing heavily in developing new sewage infrastructure and upgrading old sewage infrastructure, apart from developing schemes to boost mechanical drain cleaning.
In October 2022, the European Commission submitted draft revisions to the Urban Wastewater Treatment Directive. With its approval, the revised directive is expected to highlight the benefits of sanitation and suggest the utilization of epidemiological monitoring of wastewater to protect public health.
Such favorable schemes and investments by various municipal authorities and supportive government policies are contributing to efficient sewage infrastructure development, which is driving the drain cleaning equipment market growth.
On the contrary, unstable raw material prices hurdles the growth of Europe drain cleaning equipment market.
The Europe drain cleaning equipment market, by product, is segmented into hand tool, sink machine, sectional machines, rodders, jetters, push rod camera, locating equipment, flexible shaft machine, and drum/continuous cable machine. The locating equipment segment held 24.0% market share in 2022, amassing US$ 138.75 million. It is projected to garner US$ 185.32 million by 2028 to expand at 4.9% CAGR during 2022–2028.
The Europe drain cleaning equipment market, by sales channel, is segmented into online, retail, and distributor. The retail segment held 42.2% market share in 2022, amassing US$ 243.98 million. It is projected to garner US$ 350.70 million by 2028 to expand at 6.2% CAGR during 2022–2028.
The Europe drain cleaning equipment market, by end user, is segmented into residential, commercial, industrial, and municipal. The municipal segment held 37.0% market share in 2022, amassing US$ 213.74 million. It is projected to garner US$ 335.93 million by 2028 to expand at 7.8% CAGR during 2022–2028.
The Europe drain cleaning equipment market, by pipe size, is segmented into less than 3 inch, 4 - 8 inch, 9 - 11 inch, and above 12 inch. In 2021, the 4 - 8 inch segment held 43.3% market share in 2022, amassing US$ 250.36 million. It is projected to garner US$ 392.80 million by 2028 to expand at 7.8% CAGR during 2022–2028.
Based on country, the Europe drain cleaning equipment market is segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 31.6% market share in 2022. It was assessed at US$ 182.68 million in 2022 and is likely to hit US$ 306.04 million by 2028, exhibiting a CAGR of 9.0% during the forecast period.
Key players dominating the Europe drain cleaning equipment market are Flowplant Group Limited; Goodway Technologies; Nilfisk Group; Ridge Tool Company; Spartan Tool; and AUSSIE PUMPS, among others.
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