Grease Gun Market Size

Grease Gun Market size is expected to trace USD 3.5 Billion by the end of 2036, increasing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of grease gun was over USD 1.5 Billion. The market for grease guns is being propelled by consumers' increasing realization of the crucial routine maintenance for equipment longevity and functionality. Because equipment needs to be lubricated on a regular basis to function properly, the need for grease guns has increased. Nearly 37 million metric tons of lubricants were required worldwide in 2019. North America has the largest per capita lubricant demand, over four times more than the global average of 4.8 kg per person.

In addition, the need for grease guns is being driven by businesses investing in maintenance tasks, such as lubrication, to guarantee the longevity and functionality of their equipment. Also, innovative and cutting-edge lubricants are being created to meet the increasing need for grease guns with superior performance. These lubricants serve to prolong the life of the machinery and lower maintenance expenses by giving it superior protection and durability.