COVID-19 has severely impacted the global economy and all the industries throughout the globe. Governments of various countries have imposed lockdowns to contain the spread of the epidemic. The complete global lockdown in the initial stage of the pandemic in various countries severely impacted the livelihoods of people and quality of life. This has resulted into the disruptions in the supply chain across the globe. The economies across the world have declined as there is a major decline in the demand for products. The production across industries has been limited due to the pandemic resulting in the shortage of raw material. The decline in exports and the disruptions in the supply chain are the major factors contributing to the decline in production.
The sudden outbreak of the novel coronavirus has adversely affected the growth of industrial and commercial applications. A decline had been witnessed in the adoption of pressure washers from various industries in 2020. Besides, shutdown of manufacturing facilities across the world in the Q1 and Q2 of 2020 is also responsible for the decline in the growth of the market in 2020. However, the increasing usage of pressure washers by the homeowners is estimated to increase adoption of pressure washer. However, the market value may not reach that of the pre-COVID-19 value until 2026.