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According to the United Nations Conference on Trade and Development (UNCTAD), the number of people across the globe has increased by approximately 2.5 billion in the last thirty years. ~84% of the global population lived in developing nations in 2021, compared to 77% in 1990. Furthermore, 56.2% of the global population resided in urban areas in 2020, compared to 51.6% in 2010. Such a shift towards urban dwellings has contributed to the growth of the construction sector across the globe. Further, rapidly growing economies across Asia and Africa are witnessing unprecedented investment in residential and commercial infrastructure development. As per the Global Construction 2030 report, developed conjointly by Global Construction Perspectives and Oxford Economics, the construction output is expected to increase by 85% and reach US$ 15.5 trillion by 2030. In addition, investment to renovate old buildings and structures and an increasing inclination toward a greener future are boosting the scope of constructing green buildings, which is also supporting the growth of the construction sector.

๐—š๐—ฟ๐—ฎ๐—ฏ ๐˜๐—ต๐—ฒ ๐—ฃ๐——๐—™ ๐˜๐—ผ ๐—ธ๐—ป๐—ผ๐˜„ ๐—บ๐—ผ๐—ฟ๐—ฒ: https://www.theinsightpartners.com/reports/drain-cleaning-equipment-market

According to data available at IBEF (Indian Brand and Equity Foundation), the real estate market in the country is expected to grow from US$ 1.72 billion in 2019 to US$ 9.30 billion by 2024, owing to a surge in the construction of housing, commercial, retail, and hospitality units. Hence, the country is attracting numerous lucrative business opportunities to maintain and clean its robust drainage systems across densely populated cities. In addition, to support its growing infrastructure demand, the government of India has approved 100% foreign direct investments (FDIs) to develop its township and residential settlements-related infrastructure projects. With the growing urban population, the need for advanced sewage management has increased in urban areas. Further, the emerging young adult population has increased the demand for residential complexes across numerous developing cities and towns, which has increased the need for efficient sewage and a drainage system. Thus, the surge in construction activities across residential, commercial, and several industries owing to growing urbanization is driving the demand for drain cleaning equipment for various applications such as inspection, maintenance, and damage detection across the drainage systems.

The drain cleaning equipment market analysis is segmented on the basis of product, end user, sales channel, and pipe size. Based on product, the drain cleaning equipment market is segmented into hand tool, sink machine, sectional machines, rodders, jetters, push rod camera, locating equipment, flexible shaft machine, and drum/continuous cable machine. By end user, the market is segmented into residential, commercial, industrial, and municipal. In terms of sales channel, the market is segmented into online, retail, and distributor. Based on pipe size, the market is categorized into less than 3 inch, 4โ€“8 inch, 9โ€“11 inch, and above 12 inch.

The top ten companies in the market include Aussie Pumps, Duracable Manufacturing, Electric Eel Manufacturing Co, Flowplant Group Ltd, General Wire Spring Co, Goodway Technologies, Gorlitz Sewer and Drain Inc, Nilfisk, Ridgid, and Spartan Tools. The above listing of key players is derived by considering multiple factors such as overall revenue, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below. Few of the important market initiatives and product developments from the industry are mentioned below: ย 

Year

News

2023

Homewerks Worldwide, LLC, a leading home improvement innovator in the kitchen, bathroom, and plumbing categories, announced the acquisition of the Cobra Drain Tools product line from BrassCraft Manufacturing Co. (BrassCraft), a long-standing manufacturer of plumbing products.

2020

Bucher Municipal, a division of Bucher Industries, is acquiring the leading local manufacturer of sewer cleaning equipment and accessories in Australia. With this acquisition, Bucher Municipal complements its product range for the Oceanian market.

2021

Waterline Renewal Technologies, a portfolio company of Behrman Capital, announced the completion of the companyโ€™s acquisition of Pipe Lining Supply, a national, full-service cured-in-place pipe (CIPP) lateral lining and drain, waste, and vent (DWV) sewer pipe rehabilitation supplier specialized in best-in-class customer support and training. Aligned with Waterline Renewal Technologiesโ€™ growth strategy, the acquisition will provide Waterline Renewal Technologies with a solid foundation for the continued development of its business in North America. The terms of the purchase were not disclosed.

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