Residential Commercial and Industrial Floor Scrubber
Global Floor Scrubbers Market to Reach $4.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Floor Scrubbers estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at aCAGR of 5.4% over the period 2020-2027. Walk-Behind Floor Scrubbers & Polishers, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ride-On segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $913.1 Million, While China is Forecast to Grow at 9.2% CAGR
The Floor Scrubbers market in the U.S. is estimated at US$913.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$995.5 Million by the year 2027 trailing a CAGR of 9.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
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