North America to Lead Gardening Tools Industry

14/set/2020 10:50:45 Pradeep Z Contatta l'autore

The global garden tools market size is anticipated to touch USD 105.53 billion at a 4.2% CAGR between 2019-2025, states the new Market Research Future (MRFR) report. Garden tools indeed are every gardener’s best friend as these tools can do much more than merely helping the gardener in weeding his garden. The hobby of gardening can be more addictive with the use of the right tools. In fact, the type of tools that one acquires will mainly rest on the garden type and the kind of plants, flowers, and vegetables that they wish to grow in their garden. The best part about gardening tools is that they can help in getting the job done easier and faster than using the hand. Besides, people can explore a huge variety of garden tools in the wholesale market. 

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Numerous factors are adding to the growth of the global gardening tools market. These factors, according to the latest Market Research Future report, include increasing do-it-yourself attitude among people, increasing adoption of smart gardening, increasing adoption of gardening equipment and tools for commercial and residential applications, technological advances in gardening tools and equipment, and accessibility of multipurpose gardening tools having ergonomic designs. Besides the launch of innovative products in the market that saves energy and time, such as GPS-equipped lawnmowers, battery-powered hand tools, and robotic lawnmowers are also adding to the gardening tools market share. 

On the contrary, increasing cost of advanced and innovative gardening tools may hamper the gardening tools market growth during the forecast period. 

Market Segmentation

The Market Research Future report provides a complete segmental analysis of the global gardening tools market based on end use, product, distribution channel, and type. 

By type, the global Gardening Tools Industry is segmented into hand tools and power tools. Of these, power tools will dominate the market during the forecast period for their advanced features, easy operation, multifunctionality, and convenience. 

By product, the global gardening tools market is segmented into striking and digging tools, pruning tools, vacuums and sweepers, blowers, lawnmowers, and others. Of these, lawn mowers will lead the global garden tools market during the forecast period for its widespread use for maintaining public facilities such as sports fields, schools, and parks. 

By end use, the global gardening tools market is segmented into commercial and residential. Of these, the commercial segment will dominate the market during the forecast period for the burgeoning demand for garden and lawn beautification in various commercial places, including golf courses, sports fields, among others. 

By distribution channel, the global gardening tools market is segmented into non-store-based and store-based. The store-based segment is again segmented into convenience stores, hypermarkets and supermarkets, and others. Of these, hypermarkets and supermarkets will have the maximum share in the market during the forecast period. 

Regional Analysis 

By region, the global gardening tools market report covers the latest trends and growth opportunities across the Americas, Europe, the Asia Pacific, and the Rest of the World. Of these, North America will lead the market during the forecast period for the strict regulations laid down by the government to maintain public gardens and green spaces that have increased the need for landscaping services.

The global gardening tools market in Europe will hold the second-largest share in the market during the forecast period. Numerous factors are adding to the gardening tools market size in the region, such as the trend of garden parties and backyard cooking, focus on recreational activities and infrastructure development. 

The global gardening tools market size in the APAC region will grow at the fastest pace during the forecast period for the demand to increase the commercial spaces’ aesthetic appeal and increase in the construction of residential properties that is increasing the need for various gardening tools such as axes, weeders, trowels, shovels, spades, hammers, pruners, shears, and lawnmower. 

The global gardening tools market size in the Rest of the World will have healthy growth during the forecast period for the growing demand for maintenance as well as management of public facilities and green spaces such as sports fields, schools, and parks in the Middle East and South America. 

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Key Players

Notable players profiled in the global gardening tools market report include SNA Europe (Sweden), SNA Europe (Sweden), American Lawn Mower Co (US), Garden Tool Company (UK), Ray Padula Holdings, LLC (US), Corporacion Patricio Echeverria, S.A. (Spain), Bully Tools, Inc. (US), Zenport Industries (US), Zenport Industries (US), CobraHead LLC (US), Andreas Stihl AG & Co. KG (Germany), Griffon Corporation (US), Husqvarna AB (Sweden), Fiskars Group (Finland), and Stanley Black & Decker, Inc. (US). 

Industry News

Cub Cadet has introduced its latest electric riding mower, the LT42 e electric garden tractor-style mower. From low-maintenance upkeep to superior cut quality, this is a powerfully quiet package, an innovation sans compromise which will change how a gardener mow. 

Note: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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