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Growing demand for maintaining gardens and removing debris in the residential industry is projected to boost demand for gardening equipment globally. In addition, increase in demand for landscaping in the commercial industry is projected to contribute towards growth of the global gardening equipment market. However, with increasing preference for artificial grass turfs and plants, the global market of gardening equipment is predicted to hinder growth in the upcoming years. A recent report published by Fact.MR reveals that the global market of gardening equipment is projected to reflect a moderate 4.2% CAGR throughout 2022.
Declining Consumption in the Commercial Industry
As need for cleaning debris and maintaining the lawn is increasing in the commercial industries, demand for gardening tools is expected to decline. Maintaining a lawn is slipping out of trends featuring in today attributed to increasing availability of artificial plants. Increasing need to maintain the freshness of the plants and grass, manicured lawn free of debris tags the end users with additional cost. Moreover, daily maintenance is a difficult task for the end users in the commercial industry. Attributes to these challenges of landscaping and maintaining a lawn, end users prefer using artificial plants and grass turfs indoors. The artificial plants, creepers, and grass turfs further add to the ambience of organisation. The end users in the commercial industry also use rocks and mulches as it adds to the décor along with the plant pots indoor. Such factors are expected to fuel demand for gardening equipment in the commercial industry.
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Steady Growth in the Sports Industry
Growing need for managing the sports field is expected to rev up demand for gardening equipment in the sports industry. However, surge in demand for maintaining short length of the grass in the field daily continue to pose significant challenges. End users in the sports industry increasingly prefer using artificial grass turfs. This in turn is expected to inhibit demand for gardening equipment in the sports industry.
Commercial Industry to Represent a Leading Segment
Lawnmowers products is projected to sell more than other gardening equipment products, however paving weeder products are likely to register the highest CAGR throughout 2022. Currently, the lawnmower product type segment is projected to represent a value of more than US$ 7,000 Mn globally. Demand for gardening equipment is projected to remain high as compared to other industries in the global market.
Sales of the gardening equipment has remained concentrated in through the retail stores distribution channel. According to Fact.MR, sales through this channels will account for more than US$ 14,000 Mn by 2022-end. Online sales of gardening equipment are also growing as consumers prefer browsing through the internet for discounts and best prices.
Competition Tracking
Leading market players operating in the global gardening equipment market include Stanley Black & Decker, Inc., Blount International Inc., Robert Bosch GMBH, Deers and Co., The Toro Co., Kubota Corp., Alamo Group Inc., Briggs and Stratton Corp., The Ames Companies Inc., and Estwing Manufacturing Company Inc.
Table of Content:
- Global Gardening Equipment Market - Executive Summary
- Global Gardening Equipment Market Overview
2.1. Introduction
2.1.1. Global Gardening Equipment Market Taxonomy
2.1.2. Global Gardening Equipment Market Definition
2.2. Global Gardening Equipment Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Gardening Equipment Market Y-o-Y Growth
2.3. Global Gardening Equipment Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Innovations in products - Global Gardening Equipment Market Analysis and Forecast By Product Type
3.1. Global Gardening Equipment Market Size and Forecast By Product Type, 2012-2022
3.1.1. Hand Tools Gardening Equipment Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Cape Cod Weeder Gardening Equipment Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Paving Weeder Gardening Equipment Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Fishtail Weeder Gardening Equipment Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Hoe Gardening Equipment Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
3.1.6. Shears & Snips Gardening Equipment Market Size and Forecast, 2012-2022
Continued……………..
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