Continuous Population Growth in Africa Boosts Drain Cleaning Equipment Market Growth
According to the data published by the United Nations in 2022, Africa is poised to witness a substantial increase in its population, especially the Sub-Saharan African region, which is expected to double its population by 2050. Thus, the overall need for basic infrastructure, such as water management and residential construction, is projected to rise in the coming years. The region is expected to emerge as a hub due to its considerably large young population compared to China and India. As a result, the region has attracted notable investments from various leading enterprises and countries. For instance, Metito and British International Investment entered into partnerships to initiate the Africa Water Infrastructure Development (AWID) program, mainly focused on water management projects in Africa. This new project, AWID, will fund water and wastewater treatment plants, as well as develop and build world-class facilities to assist in boosting access to sustainable, clean, and reliable water. In 2024, the Mozambique Government initiated the investment bids program for the development and upgradation of the drainage infrastructure. In addition, the Chinese Government has made several significant investments in Africa, focusing on developing critical commercial infrastructures, which are anticipated to support the growing demand from different industry verticals. As per the Africa Center for Strategic Studies, one of the three major infrastructure projects is built by China, and it is further planning to continue its investment in Africa. Thus, rising investment initiatives for water management infrastructure development in Africa are expected to contribute to the growing drain cleaning equipment market size positively.
The rising population in the region is also projected to increase the demand for residential construction. According to the Habitat Organization, in 2020, to meet the growing demand for housing units in Malawi, ~21,000 new units are required to be built in the next 10 years. Further, as per the data published by the Holcim in 2021, several countries in Africa are facing a shortage of 2 million houses. Thus, the increasing population is anticipated to support the drain cleaning equipment market.
The scope of the drain cleaning equipment market report includes North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), APAC (South Korea, China, India, Japan, Australia, and the Rest of APAC), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). In terms of revenue, Europe dominated the drain cleaning equipment market share in 2022. North America is the second-largest contributor to the global drain cleaning equipment market, followed by APAC. APAC comprises several developing economies, such as China and India, which are robustly investing in infrastructure projects. The large population of APAC has led to increased demand for residential and commercial construction. The growing population of Asian countries is the main driver for the construction sector in the region. As per the data published by the United Nations in 2022, the global population reached 8 billion in 2022, and APAC’s population reached 4.3 billion in the same year, accounting for half of the total global population. Such growth in the population in the region has supported the construction industry. As per the data provided by the Government of India, the construction industry in India is projected to reach US$ 1.4 trillion by 2025.
Approximately 80% of wastewater in APAC is discharged without treatment. Groundwater, rivers, and beaches are polluted by open defecation, lack of proper sanitation, and ineffective wastewater management systems. The same water is used for drinking, fishing, bathing, and swimming. Many countries in the region still do not prioritize sanitation, particularly when it comes to wastewater management. Investors are discouraged from entering this sector due to reduced demand and a lack of a favorable environment.
Drain Cleaning Equipment Market Analysis: Sales Channels Overview
The drain cleaning equipment market is segmented on the basis of type, sales channel, and power source. Every business uses multiple channels to distribute its products. Having multiple distribution channels enables a business to reach an in-depth market. Based on sales channels, the market is divided into online, retail, and distributors. Brick-and-click strategies are widely adopted across all business platforms. Owing to the emergence of third-party e-commerce companies such as Amazon and the higher smartphone and internet penetration, the adoption of online sales channels has increased. Approximately 2.5 billion people purchase goods from online channels. Thus, the above statistics show increased acceptance of online sales channels.
The retail segment is anticipated to hold a significant drain cleaning equipment market share during the forecast period. Retailers offer things directly to customers. Manufacturers can learn about consumer needs and requirements through the retail sales channel. As retail stores are present everywhere, drain cleaning equipment manufacturers focus on showcasing their equipment in every retail store. This not only helps in increasing brand visibility but also helps the customer purchase the equipment by actually handling the product. In North America, customers prefer buying cleaning tools physically according to their needs rather than via e-commerce. In addition, owing to touch and feel experience in the buying process, many consumers still opt for retail channels. Many multinational retail chain companies offer huge discounts as compared to third-party suppliers. Further, price-sensitive buyers from many developing nations are opting for retail channels instead of online channels. Thus, all such benefits are driving the drain cleaning equipment market growth.
Drain Cleaning Equipment Market: Competitive Landscape
Spartan Tools, Ridgid Inc., Nilfisk Holdings AS, Australian Pump Industries, GORLITZ SEWER & DRAIN Inc., Gator Drain Tools, Flowplant Group Ltd, Duracable Manufacturing Co, Electric Eel Manufacturing Co. Inc., and Goodway Technologies Corp are among the key players operating in the drain cleaning equipment market. The market report includes growth prospects owing to the current drain cleaning equipment market trends and their foreseeable impact during the forecast period.