
Published On: Jul 2024
Published On: Jul 2024
At 8.9% CAGR, Middle East & Africa Drain Cleaning Equipment Market is Projected to be Worth US$ 225.77 million by 2030, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa drain cleaning equipment market was valued at US$ 113.78 million in 2022 and is expected to reach US$ 225.77 million by 2030, registering a CAGR of 8.9% from 2022 to 2030. Increased awareness and investments toward efficient sewage infrastructure and rapid urbanization are among the critical factors attributed to drive the Middle East & Africa drain cleaning equipment market growth.
Urbanization is the concentration of human populations in distinct locations. This concentration results in the conversion of land for residential, commercial, industrial, and transportation use. Continuously growing population and improvement in economic conditions are the key factors behind the urbanization globally. As per the data published by the United Nations in 2022, the world's population is predicted to grow by over 2 billion people in the next 30 years, from 8 billion in 2022 to 9.7 billion in 2050. Such a surge in the global population has directly and positively affected urbanization trends. It is anticipated that urbanization in Africa will continue to rise at an unprecedented rate. Africa has about 40% of its inhabitants living in cities in 2015. Over 60% of the continent's population will reside in cities by 2050. Additionally, the percentage of the Arab population living in urban areas reached 55.8% in 2015 and is expected to rise to 58% by 2030.
Thus, the above statistics show notable growth in urbanization. Increased urbanization and population directly intensify the demand for residential construction. This increased demand has subsequently propelled the need for efficient sewage and a drainage system. Owing to the growth in the total number of residential constructions, the need for effective drain systems increased, directly affecting the adoption of drain cleaning equipment positively.
On the contrary, volatile raw material prices and impact of macro-economic factors hurdle the growth of Middle East & Africa drain cleaning equipment market.
Based on product, the Middle East & Africa 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 24.3% market share in 2022, amassing US$ 27.61 million. It is projected to garner US$ 47.59 million by 2030 to register 7.0% CAGR during 2022–2030. Furthermore, the hand tool segment is subsegmented 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 Middle East & Africa drain cleaning equipment market is segmented into online, retail, and distributors. The retail segment held 42.8% share of Middle East & Africa drain cleaning equipment market in 2022, amassing US$ 48.74 million. It is anticipated to garner US$ 91.98 million by 2030 to expand at 8.3% CAGR during 2022–2030.
By power source, the Middle East & Africa drain cleaning equipment market is divided into hand operated, fuel powered, gas powered, and electric. The electric segment held 45.0% share of Middle East & Africa drain cleaning equipment market in 2022, amassing US$ 51.15 million. It is projected to garner US$ 95.33 million by 2030 to expand at 8.1% CAGR from 2022 to 2030.
Based on country, the Middle East & Africa drain cleaning equipment market is categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 33.1% share of Middle East & Africa drain cleaning equipment market in 2022. It was assessed at US$ 37.68 million in 2022 and is likely to hit US$ 76.52 million by 2030, registering a CAGR of 9.3% during 2022–2030.
Key players operating in the Middle East & Africa drain cleaning equipment market are RIDGID Inc, Nilfisk Holding AS, Flowplant Group Ltd, and Goodway Technologies Corp, among others.
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