Gardening Tools Market Overview
Gardening Tools Market size is projected to reach 112.09 billion by 2027 at a CAGR of 4.51% from 2019 to 2027. Gardening is a common hobby for residential owners, whereas it is a mandatory need for public gardens and private commercial spaces. Therefore, the demand for such tools is never fading. To reciprocate those demands, the major key players across various regions are putting up their immense contributions on a large scale.
The report focuses on the overall growth potential of this Gardening Tools Market. It highlights the market segmentation, COVID analysis, market challenges, and other such insights. Apart from that, it also highlights the measures taken by key players to deal with the challenges and restraints. With impeccable demands, you can expect the market size to grow beyond the past figures by the end of the current forecast years.
COVID 19 Analysis
COVID 19 suppressed the gardening tools market growth in the middle months of 2020. The pandemic forced the manufacturing unit to shut down, which hampered the supply rate. As most of the house owners were locked at home, the demand for house gardening was high. But the supply wasn’t enough to meet the demands.
The commercial demands were comparatively low in the COVID situation in Gardening Tools Market. The offices were locked down, and the private public garden maintenance was done with available tools, without any additional purchases. But now, the COVID situations are under control, and things are back to thriving potential.
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Regional Assessment of Gardening tools market
In North America, the gardening tools market is expected to register a decent CAGR over the forecast period owing to the enforcement of stringent government regulations in maintaining public green spaces as the demand for landscaping services increases.
In Europe, the gardening tool market is expected to upsurge owing to infrastructure development in the region. The growing focus on recreational activities can drive the sales of modern gardening tools, along with the ongoing trend of garden parties and backyard cooking can fuel the market expansion in the EU.
In the Asia Pacific, the gardening tools market is likely to garner decent revenue due to an increase in the construction of residential properties and the surge in demand for gardening tools, such as pruners, hammers, lawnmowers, shears, shovels, spades, axes, trowels, and weeders. The rise in the number of public facilities, such as sports fields, schools, and parks can add to the regional market expansion.
Market Segmentation
The segmented study of the gardening tools market is based on type, distribution channel, product, and end-use.
The type-based segments of the gardening tools market are power tools and hand tools. The power tool segment is identified as the fastest-growing segment of the global gardening tools market. Turf and grounds equipment, lawnmowers, edgers, trimmers, blowers, sweepers, and vacuums are power tools that are used extensively by commercial end-users, such as commercial gardens, and landscape service providers to maintain lawns, and public parks that can favor the expansion of the market. The growing awareness about the advantages of power tools due to their relatively easy operation that helps them save time can favor the expansion of the gardening tools market. The hand tools segment comprises pruners, shears, shovels, hammers, trowels, spades, axes, and weeders that are used for digging, pruning, and striking. The ongoing gardening trend is expected to support market growth in the years to come.
The product type-based segments of the gardening tools market are Lawn Mowers, Blowers, Sweepers, Vacuums, Pruning Tools, Blowers, Vacuums, Sweepers, and Striking Digging Tools among others. The inclination toward lawn care to maintain mow gardens, residential, and yards lawns can favor the expansion of the market over the years to come. The pruning tools segment comprises loppers, shears, handsaws, and pruners. The Striking Digging Tools segment comprises, mattocks, Hammers, shovels, spades, and axes. The other segment comprises weeders, hoes, rakes, pitchforks, and trowels among others.
The end-use-based segments of the gardening tools market are commercial and residential. The residential segment is likely to garner high revenue owing to the ongoing practice of gardening that deploys specialized equipment and tools.
The distribution channel-based segments of the gardening tools market are Store-Based and non-stored based. The store-based segment of the market comprises supermarkets and hypermarkets. The surge in sales of gardening tools through online media is expected to support the market expansion.
Market Key Vendors
Zenport Industries (US), Stanley Black Decker, Inc. (US), Husqvarna AB (Sweden), Fiskars Group (Finland), Griffon Corporation (US), CobraHead LLC (US), Andreas Stihl AG Co. KG (Germany), Lasher Tools (South Africa), Bully Tools, Inc. (the US), Ray Padula Holdings, LLC (US), Corporacion Patricio Echeverria, S.A. (Spain), American Lawn Mower Co (US), Garden Tool Company (UK), SNA Europe (Sweden), and Root Assassin LLC (US).
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NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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