Drain Cleaning Equipment Market is expected to reach US$ 2,866.24 Million by 2028

"Drain Cleaning Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Hand Tool, Sink Machine, Sectional Machines, Rodders, Jetters, Push Rod Camera, Locating Equipment, and Flexible Shaft Machine); Power Source (Hand Operated, Fuel Powered, Gas Powered, and Electric); End-user (Professional, and Do It Yourself); Sales Channel (Online, Retail, and Distributor); and Geography", The drain cleaning equipment market is expected to grow from US$ 1,682.73 million in 2021 to US$ 2,866.24 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.

Factors such as rapid urbanization rate and aging existing drainage systems across densely populated cities are the prime factors driving the growth of the market. In addition to this, notable number of ongoing residential and commercial infrastructure development across numerous emerging towns and cities are also expected to propel the market growth during the coming years.

Report Coverage Details
Market Size Value in US$ 1,682.73 Million in 2021
Market Size Value by US$ 2,866.24 Million by 2028
Growth rate CAGR of 6.8% from 2021 to 2028
Forecast Period 2021-2028
Base Year 2021
No. of Pages 263
No. Tables 169
No. of Charts & Figures 122
Historical data available Yes
Segments covered Product, Power Source, End-user, Sales Channel, and Geography
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

Drain Cleaning Equipment Market: Competitive Landscape and Key Developments
AUSSIE PUMPS; Duracable Manufacturing Company; Electric Eel Manufacturing Co., Inc; Flowplant Group Limited; General Pipe Cleaners; Goodway Technologies; Gorlitz Sewer & Drain, Inc.; Nilfisk Group; Ridge Tool Company; Ridge Tool Company; and Spartan Tool are among key players profiled during the study of the Drain Cleaning Equipment market.

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Globally, the drain cleaning equipment market is heavily fragmented, with a substantial number of regional market players with limited business offerings and customer base. However, a selected number of market manufacturers dominate the global market with their strong brand recognition and competitive positioning. Factors such as low entry barriers, a notable number of market players, and competitively priced products have attributed to high market competition across the price-sensitive Asian market. Whereas, among developed economies such as the U.S., Canada, UK, Germany, and Japan, the market is primarily dominated by a selected number of recognized and well-positioning market players that offer number market-related offerings. Presently, numerous market players that are operating in the global drain cleaning equipment market provide a wide range of products such as hand tools, pushrod cameras, locating equipment, jetters, rodders, flexible shaft machine, and continuous cable machine among other products that have application across drain cleaning activities.

The electrically powered equipment dominated the market by power source owing to the easy availability of batteries and electric power sources along with improved equipment efficiencies compared with manually operated and fuel-powered equipment. Whereas, among end-user, the growing popularity of do it yourself culture has attributed in its rising market growth of DIY users compared to professional end-users, which is expected to continue to maintain its market dominance during the coming years. The strong presence of a notable number of small & medium market players has resulted in the popularity of retail-based sales channels, which dominated the market segmentation by sales channel in 2019. However, from a growth perspective, the distributor segment is expected to witness more lucrative growth rate owing to the lack of prominent market players across emerging Asian and African regions.

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Impact of COVID-19 Pandemic on Drain Cleaning Equipment Market
The COVID-19 outbreak had dramatically impacted the global economy during its peak in 2020 in its initial days, and the crisis has hampered the business activities in the oil & gas industry significantly. The North America region especially the U.S. witnessed an unprecedented rise in number of confirmed cases resulting in large-scale lockdown across different regions. Moreover, the service sector had witnessed significant impact of the global pandemic owing to decline in services along with laying off employees across different service verticals across the distribution channel such as retailers, suppliers, distributors and delivery providers. The retailers and brands are facing various short-term challenges regarding health and safety, supply chain, labor force, cash flow, consumer demand, and marketing. Furthermore, the rising number of cases continue to negatively affect the production, distribution and continue operation of supply chain for drain cleaning equipment market across the North American region.

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