Market revenue in 2023 | USD 13.4 million |
Market revenue in 2030 | USD 16.2 million |
Growth rate | 2.8% (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 41.79% in 2023. Horizon Databook has segmented the New Zealand 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.
Food & beverage industry in New Zealand is a pivotal driver for the increasing demand for parts washers in New Zealand. According to the country’s Ministry of Business, Innovation & Employment, food & beverage industry accounted for 46% of the nation’s total exports.
Food processing facilities involve a wide array of equipment and equipment parts, necessitating rigorous cleaning protocols to ensure food safety and quality.
Parts washers play a crucial role in this regard by effectively cleaning equipment and components used in food processing such as totes, pallets, containers, crates, buggies, and vats.
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