The Europe drain cleaning equipment market was valued at US$ 633.93 million in 2022 and is expected to reach US$ 1,188.60 million by 2030; it is estimated to register a CAGR of 8.2% from 2022 to 2030.
Increased Awareness and Investments Toward Efficient Sewage Infrastructure Drive Europe Drain Cleaning Equipment Market
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. In 2023, Thames Water (UK) announced that, over the next two years, it will invest US$ 2 billion (£1.6 billion) in its sewer networks and sewage treatment facilities. The goal of this investment is to lower storm discharges and pollution incidents by making major improvements to wastewater treatment plants and sewerage networks. As compared to a 2020 baseline, it will assist Thames Water in fulfilling its objective to cut the total annual duration of discharges by 50% by 2030. One of the commitments made is to reduce discharges in especially sensitive catchments by 80%. Also, in 2020, Suez and Vauban Infrastructure invested approximately US$ 1 billion in France for water and wastewater infrastructure projects. 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.
Europe Drain Cleaning Equipment Market Overview
Due to demographic trends, low mortgage rates, and increased household income, residential construction has increased enormously. Along with the new construction, steady growth in renovation and maintenance has been witnessed. Nonresidential construction is also growing due to the positive urge from consumer and comparatively high corporate profits. The rising demand for housing in this region is one of the key drivers for the construction sector in Europe. Countries such as Germany and the UK are experiencing high growth in their construction sector. Governments of various countries are taking initiatives to support the construction industry. For instance, the German government initiated an urban development program in 2022 that focuses on housing construction. Such initiatives have supported the growth of the construction sector in the region. The growing residential construction leads to the development and expansion of the drain network, ultimately driving the demand for drain cleaning equipment.
Europe Drain Cleaning Equipment Market Revenue and Forecast to 2030 (US$ Million)
Europe Drain Cleaning Equipment Market Segmentation
The Europe drain cleaning equipment market is categorized into product, sales channel, power source, and country.
Based on product, the Europe 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 the largest Europe drain cleaning equipment market share in 2022. 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 Europe drain cleaning equipment market is segmented into online, retail, and distributors. The retail segment held the largest Europe drain cleaning equipment market share in 2022.
By power source, the Europe drain cleaning equipment market is divided into hand operated, fuel powered, gas powered, and electric. The electric segment held the largest Europe drain cleaning equipment market share in 2022.
By country, the Europe drain cleaning equipment market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe drain cleaning equipment market share in 2022.
RIDGID Inc, Nilfisk Holding AS, Flowplant Group Ltd, and Goodway Technologies Corp are some of the leading companies operating in the Europe drain cleaning equipment market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 633.93 Million |
| Market Size by 2030 | US$ 1,188.60 Million |
| CAGR (2022 - 2030) | 8.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Drain Cleaning Equipment Market is valued at US$ 633.93 Million in 2022, it is projected to reach US$ 1,188.60 Million by 2030.
As per our report Europe Drain Cleaning Equipment Market, the market size is valued at US$ 633.93 Million in 2022, projecting it to reach US$ 1,188.60 Million by 2030. This translates to a CAGR of approximately 8.2% during the forecast period.
The Europe Drain Cleaning Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Drain Cleaning Equipment Market report:
The Europe Drain Cleaning Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Drain Cleaning Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Drain Cleaning Equipment Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)
E 1803, Panchshil Towers,
Wagholi, Haveli,
Pune - 412207,
Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Drain Cleaning Equipment Market
