IMARC Group, a leading market research company, has recently releases report titled “Gardening Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global gardening equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the gardening equipment market?
The global gardening equipment market size reached US$ 36.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 51.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
What is the gardening equipment?
Gardening equipment consists of tools made for gardening and landscaping, which overlap with the range of tools made for horticulture and agriculture. The tools are further divided into hand tools and power tools. Amongst these, hand tools include a hatchet, pitchfork, spade, shovel, axe, sickle, scythe, trowel, hoe, fork, and rake. On the other hand, lawn sweepers, trenchers, leaf blowers, chainsaws, mini-tractors, string trimmers, hedge trimmers, and lawn aerators are some of the common power tools.
Gardening equipment saves time required for gardening procedures, efficiently moves heavy objects, and offers optimum gardening results, due to which they are witnessing a significant surge in demand in golf courses, residential spaces, and playgrounds.
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What are the growth prospects and trends in the gardening equipment industry?
The global gardening equipment market is primarily bolstered by the inflating consumer expenditure power and the rising trend of home gardening. Moreover, the surging consumer awareness regarding the negative impact of pesticide residues has prompted a gradual shift in the preference toward home-grown organic fruits and vegetables, which, in turn, is accelerating the market growth.
In line with this, key market players are integrating artificial intelligence (AI) with gardening equipment, such as lawnmowers, to reduce operational costs and increase the consumer base, which is providing an impetus to the market growth. Apart from this, the emerging trend of turning outside space into lawns and gardens, the rapidly expanding hospitality industry, and easy product availability in online and offline retail stores are bolstering the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
- Hand Tools
- Lawnmowers
- Trimmers and Edgers
- Water Management Equipment
- Others
Breakup by End Use:
- Residential
- Commercial/Government
Geographical Analysis:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Gardening Equipment Key Companies:
- Ariens Company
- Briggs & Stratton Corporation
- Deere & Company
- Falcon Garden Tools Pvt. Ltd.
- Fiskars Group
- Husqvarna AB
- KUBOTA Corporation
- MTD Products Inc
- Robert Bosch GmbH
- The Honda Motor Company Ltd.
- The Toro Company
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