Market revenue in 2023 | USD 82.1 million |
Market revenue in 2030 | USD 108.1 million |
Growth rate | 4% (CAGR from 2023 to 2030) |
Largest segment | Aqueous-based parts washers |
Fastest growing segment | Ultrasonic parts washers |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solvent-based parts washers, Aqueous-based parts washers, Ultrasonic parts washers, Bioremediation Aqueous parts washer |
Key market players worldwide | Bio-Circle Surface Technology, Walter Surface Technologies, Safety-Kleen Systems, Heritage-Crystal Clean, Safetykleen, CRC Industries, NCH Corporation, SBS Ecoclean Group, Valiant TMS, Service Line, Proceco, Rozone, Cleanway, Vollrath Manufacturing Services, Ultrasonic Power Corporation, DENIOS |
Aqueous-based parts washers was the largest segment with a revenue share of 43.61% in 2023. Horizon Databook has segmented the Canada parts washer market based on solvent-based parts washers, aqueous-based parts washers, ultrasonic parts washers, bioremediation aqueous parts washer covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for parts washer is expected to rise substantially due to the growth of full-service restaurants in Canada.
The growing demand for food service equipment is expected to foster a supportive environment for the growth of the parts washer market in the country as parts washers play a key role in maintaining the high cleanliness standards in the food & beverage industry.
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