CHICAGO, UNITED STATES, July 6, 2023/EINPresswire.com/ — Global ๐ ๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ to hit the market size of US$ 110.47 billion by 2031 from US$ 67.85 billion in 2022, growing at a CAGR of 5.89% during the forecast period from 2023 to 2031.
๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/gardening-equipment-market
The global increase in interest in gardening, landscaping, and horticulture activities presents a huge opportunity for the gardening equipment market. The need for gardening tools and equipment has increased owing to urbanization trends and the growing popularity of home gardening. For instance, in April 2023, FELCO, the market leader in horticulture and pruning equipment, introduced a new line of gardening hand tools. This new gardening line is made to assist both professional landscapers and backyard gardeners in making the most of their gardening endeavors.
As per the analysis of Astute Analytica, the sale of gardening equipment reached 30,401,96 thousand Units globally in 2022, indicating a high demand for such products. The market has experienced rapid growth in recent years due to the rising popularity of DIY landscaping initiatives. Garden equipment OEMs are launching a product selection that is affordable and user-friendly for household usage in response to the rising popularity of DIY projects. For home improvement jobs, garden trowels, spades, shovels, pruners, and other hand tools are necessary. These tools come in a wide variety and have a variety of uses.
The rise in popularity of battery-operated ergonomic design tools is likely to support market growth over the course of the forecast period. Gardening tools that run on batteries are becoming common since they give homeowners convenience and flexibility. The development of battery technology, which has increased the power and affordability of cordless items, is driving this trend.
๐๐ซ๐ข๐ฆ๐ฆ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ ๐๐ซ๐ฌ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฌ๐ญ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ฆ๐จ๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ
The trimmers and edgers segments generated a revenue share of 24%, with sales of 7,561.24 thousand units in 2022. This is due to the fact that this equipment is necessary to preserve the beauty and good health of lawns and gardens.
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐ซ๐ ๐๐๐ฃ๐จ๐ซ๐ฅ๐ฒ ๐๐๐จ๐ฉ๐ญ๐๐ ๐๐ฒ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ
The electric tools segment is expected to generate a 40% market share. Compared to gas-powered tools, electric tools are easier to use and more environmentally friendly. Electric tools are also popular since they are quieter and require less upkeep. With more battery-powered solutions becoming available, the electric tool market is predicted to increase significantly over the next few years.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ซ๐ ๐๐ข๐ญ๐ง๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐ฎ๐ ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
In 2022, the gardening equipment market in Europe generated around US$ 21.23 billion, or about 31% of global sales. A total of 9,226 thousand units were sold in the region, or almost 30% of all units sold worldwide. The growing popularity of gardening as a leisure activity, the expansion of the landscaping sector, and the rise in demand for environmentally friendly and sustainable gardening solutions are all contributing factors to the market’s progress in Europe.
In the upcoming years, the Asia-Pacific region is anticipated to have significant expansion, driven by the growing popularity of gardening as a leisure activity and the trend toward environmentally friendly and sustainable gardening practices. The region generated about US$ 19.5 billion in revenue in 2022, or about 28% of the market.
Factors including rising disposable income, the popularity of home gardening, and the rise of the landscaping business drive the market growth in the region. India, China, and Japan are likely to make important contributions to the expansion of the regional market.
The gardening equipment market in China will grow significantly. Community gardens are regarded as a significant component of society in accordance with Chinese government laws and regulations, which is likely to support the expansion of the country’s gardening tool market. Other factors promoting market expansion in China include the rising DIY mindset among Chinese consumers and the expanding availability of various modern design tools for different garden sizes.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/industry-report/gardening-equipment-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The gardening tools market is continuously changing. Private equity firms have recently acquired several major businesses, and the market is consolidating. Gardeners now have fewer options for gardening tools as a result of this consolidation. Ariens Company, Briggs & Stratton, LLC, Deere & Company, Excel Industries, Inc., Falcon Garden Tools Pvt. Ltd., Fiskars Brands, Inc., Honda Motor Co. Ltd., Husqvarna Group, and Kubota Corporation are a few of the market’s most well-known competitors.
The market is extremely competitive, with both long-standing businesses and recent newcomers competing for market share. To fulfill the evolving needs of consumers, manufacturers are concentrating on creating novel goods with cutting-edge features, such as robotic lawnmowers and intelligent irrigation systems.
The market will also continue to change as online shopping becomes more prevalent. Online merchants frequently have a larger product range and lower pricing than traditional brick-and-mortar retailers. Businesses will need to modify their strategy as more gardeners use online buying.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ๐ฌ
โข Ariens Company
โข Briggs & Stratton, LLC
โข Deere & Company
โข Excel Industries, Inc.
โข Falcon Garden Tools Pvt. Ltd.
โข Fiskars Brands, Inc.
โข Honda Motor Co. Ltd.
โข Husqvarna Group
โข Kubota Corporation
โข MTD Products, Inc.
โข Robert Bosch GmbH
โข Schiller Grounds Care
โข Stiga Group
โข The Toro Company
โข Other Prominent Players
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐ข๐ง๐
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ ๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐๐ฎ๐ฌ๐๐ฌ ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐, ๐๐จ๐๐ ๐จ๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ, ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง.
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โข Lawn Mowers
โข Trimmers & Edgers
โข Chainsaws
โข Blowers
โข Cutting & Pruning Tools
โข Striking Tools
โข Wheeled Implements
โข Water Equipment
โข Others
๐๐ฒ ๐๐จ๐๐ ๐จ๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐จ๐ง
โข Manual
โข Engine
โข Electric
By Application
โข Residential
โข Commercial
โข Municipal
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โข Online
โข Offline
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
โข North America
o The U.S.
o Canada
o Mexico
โข Europe
โข Western Europe
๏ง The UK
๏ง Germany
๏ง France
๏ง Italy
๏ง Spain
โข Rest of Western Europe
Eastern Europe
๏ง Poland
๏ง Russia
โข Rest of Eastern Europe
Asia Pacific
โข China
โข India
โข Japan
โข Australia & New Zealand
โข ASEAN
โข Rest of Asia Pacific
Middle East & Africa (MEA)
โข Saudi Arabia
โข South Africa
โข UAE
โข Rest of MEA
South America
โข Argentina
โข Brazil
โข Rest of South America
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/gardening-equipment-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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Aamir Beg
Astute Analytica
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