Press release
Industrial Floor Scrubbers Market is expected to reach US$ 6,334.41 Million by 2028
"Industrial Floor Scrubbers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Offering (Product and Componenet), Product (Walk-Behind Scrubbers, Ride-On Scrubbers, and Robotic Scrubbers), End-Use (Healthcare & Pharmaceuticals, Government, Hospitality, Manufacturing & Warehousing, Retail, and Others), and Component (Brushes, Pads, Squeegees, and Others)", The industrial floor scrubbers market is expected to grow from US$ 3,522.80 million in 2021 to US$ 6,334.41 million by 2028. It is estimated to grow at a CAGR of 6.7% from 2021 to 2028.China held the largest market share in the Industrial Floor Scrubbers market. The demand for industrial floor scrubbers is increasing in China due to growing developments in small commercial businesses and large industrial applications. Industrial floor scrubbers in China have developed from having conventional designs to modern designs. The rising workplace hygiene initiatives are driving growth in China. China being the biggest market in Asia-Pacific, it is home to many manufacturers which produce different configurations of industrial floor scrubbers for various customer needs. A steep increase in the construction activities and manufacturing facilities in China is also expected to drive market growth.
Report Coverage Details
Market Size Value in US$ 3,522.80 Million in 2021
Market Size Value by US$ 6,334.41 Million by 2028
Growth rate CAGR of 6.7% from 2021 to 2028
Forecast Period 2021-2028
Base Year 2021
No. of Pages 168
No. Tables 122
No. of Charts & Figures 95
Historical data available Yes
Segments covered Offering, Product, End-Use, and Component
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Industrial Floor Scrubbers Market: Competitive Landscape and Key Developments
Amano Corporation; Comac s.p.a.; Conquest Equipment Pty Ltd; Fimap s.p.a.; Hafi Elektra Private Limited; Hako GmbH; Nilfisk Group; Polivac International Pty Ltd; Roots Multiclean Ltd; and Tennant Company are among key players profiled during the study of the Industrial Floor Scrubbers market.
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North America region consists of the US, Canada, and Mexico. North America is the most technologically advanced region worldwide due to the presence of a well-established technology ecosystem, high acceptance of advanced technologies, the existence of favorable economic policies, and increased gross domestic product (GDP) in countries such as the US and Canada, which eventually drive the market growth. Moreover, North America has a developed aviation market, and it is the most influential region in the world. American airports are the busiest globally; almost half of the world's busiest airports are in the US. The airport authority across the region is focusing on the development and the adoption of smart and advanced cleaning technologies across all its airports and is further creating opportunities for the market.
Moreover, the rising presence of various manufacturers of industrial floor scrubbers is further driving the market growth in the region. For example, Nilfisk Group, a US-based company, partnered with the US government through the GSA Federal Supply Service Contracts to simplify the purchasing process and keep the government facilities impressively clean with the industrial and commercial floor cleaning equipment.
Based on product, the industrial floor scrubbers market is segmented into the walk-behind scrubbers, ride-on scrubbers, and robotic scrubbers. In the year 2021, the walk-behind scrubbers segment accounted for the largest share in the market. Based on end-use, the market is segmented into healthcare & pharmaceuticals, government, hospitality, manufacturing & warehousing, retail, and others. In the year 2021, the manufacturing & warehousing segment led the industrial floor scrubbers market. Based on components, the market is segmented into brushes, pads, squeegees, and others. In the year 2021, Brushes led the market. Geographically, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Asia Pacific accounted for a significant share of the industrial floor scrubbers market.
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Impact of COVID-19 Pandemic on industrial floor scrubbers market
North America has the highest rate of adoption and advancement of new technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any effects on industries are expected to have a negative impact on the region's economic growth. After the first wave of COVID-19 pandemic-driven shutdowns, segment recoveries had been non-uniform across various manufacturing industries. Some manufacturers experienced forced work stoppages or supply disruption, pulling down capacity utilization rates and impairing productivity, thereby neutrally affecting the growth of the industrial floor scrubbers market in this region.
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