Gardening Equipment Market to Grow with a CAGR of 6.15% through 2028
Growing interest in hydroponic gardening and growing
popularity of battery-powered ergonomic design tools is expected to drive the
Global Gardening Equipment Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Gardening
Equipment Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Gardening Equipment Market
stood at USD
87.24 Billion in 2022 and is anticipated to grow with a CAGR of 6.15% in the forecast
period, 2024-2028. The global gardening equipment market is driven by a
multitude of factors. The growing interest in home gardening, driven by a
desire for self-sustainability and healthy living, is a significant driver. The
trend towards landscaping and garden beautification, both for aesthetic appeal
and property value enhancement, also fuels demand for gardening equipment. Furthermore, technological advancements
leading to the introduction of cost and energy-efficient tools, coupled with
increased online sales due to the convenience of e-commerce, are propelling
market growth. The rise in government initiatives promoting green spaces and
vertical gardens in urban areas is another contributing factor. The increasing
adoption of gardening as a therapeutic and recreational activity has also
spurred the growth of the market. The Global Gardening Equipment Market is anticipated
to witness substantial growth in the upcoming years. This growth can be
attributed to the increasing global interest in gardening activities, driven by
the growing awareness of the numerous benefits it offers, both for leisure and
food production. As people embrace sustainable practices, there is a growing
demand for eco-friendly gardening equipment that not only minimizes
environmental impact but also promotes a greener lifestyle. Moreover,
advancements in technology are set to usher in a new wave of innovative,
efficient, and user-friendly gardening tools. These cutting-edge tools will
feature enhanced ergonomics, providing users with comfortable and easy
handling. With longer battery life, gardeners can enjoy extended use without
interruption. Additionally, these tools will incorporate smart functionalities,
such as programmable settings or connectivity to mobile applications, enabling
gardeners to have precise control over their gardening experience. They can
monitor their plants' health and growth, receive customized recommendations,
and even automate certain tasks, revolutionizing the way gardening is done. Furthermore,
government initiatives worldwide aimed at promoting green spaces and urban
farming are expected to further accelerate the market's growth. These
initiatives not only create opportunities for gardening enthusiasts and
professionals but also contribute to environmental sustainability and the
creation of healthier and more livable communities. By encouraging the
establishment of community gardens, rooftop gardens, and urban green areas,
governments are fostering a sense of unity, well-being, and environmental
consciousness among individuals. The Global Gardening Equipment Market is poised for
remarkable expansion as gardening continues to captivate individuals worldwide.
The combination of the growing interest in gardening, the demand for
eco-friendly equipment, technological advancements, and government support for
green initiatives will shape the future of the market, offering a wide array of
opportunities for both individuals and businesses in the gardening industry.
Browse over XX market data Figures spread
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The Global Gardening Equipment Market is segmented
into product type, distribution channel, end user, regional distribution, and
company. Based on end user, the residential sector is currently dominating the
Global Gardening Equipment Market. This dominance is primarily due to the
increasing interest in home gardening and landscaping activities among
homeowners. With the rising trend towards healthy living and
self-sustainability, more and more people are embracing the joy of growing
their own fruits, vegetables, and herbs right in their own backyard. The
satisfaction of harvesting homegrown produce not only promotes a healthier
lifestyle but also contributes to reducing carbon footprints and supporting
sustainable practices.
Moreover, beyond the practical benefits, beautifying
residential spaces with aesthetically pleasing gardens has also become a
popular trend, providing a tranquil and rejuvenating environment for
homeowners. This growing inclination towards creating beautiful and sustainable
outdoor spaces has further propelled the demand for a wide range of gardening
equipment in the residential sector. From simple hand tools to advanced
irrigation systems, homeowners are investing in high-quality equipment to
ensure the success and longevity of their gardens. As the global focus on
environmental sustainability continues to increase, the residential sector is
expected to maintain its dominance in the Global Gardening Equipment Market,
driven by the ever-growing passion for home gardening and the desire to create
a greener and more beautiful world. Based on region, North America dominates
the Gardening Equipment Market due to several key factors. The region has a
strong culture of gardening, with many households maintaining their own gardens
and landscapes. This is fueled by a high disposable income, allowing residents
to invest in quality gardening equipment that meets their specific needs and preferences.
Moreover, the favorable climate conditions in North America make it conducive
to a wide variety of plants and flowers, further encouraging gardening
enthusiasts to explore different gardening techniques and experiment with
various types of gardening equipment. The presence of prominent manufacturers
and distributors of gardening equipment in the region facilitates easy access
to diverse products. These manufacturers continuously innovate and develop new
gardening tools and technologies, catering to the evolving needs and demands of
the market. With a wide range of options available, gardeners in North America
can choose from cutting-edge technological advancements, ergonomic designs, and
sustainable materials, enhancing their gardening experience and productivity.
Additionally, there is a growing trend of urban
gardening, especially in cities with limited space. As urbanization continues
to increase, many individuals are finding innovative ways to incorporate green
spaces into their urban lifestyles. From rooftop gardens to vertical gardening,
urban gardeners are seeking efficient gardening tools that maximize the use of
limited space while ensuring optimal plant growth. This trend has further
fueled the demand for compact, lightweight, and multipurpose gardening equipment
that is suitable for urban environments. The rising interest in sustainable
living, organic farming, and environment conservation among North American
residents has significantly contributed to the growth of the Gardening
Equipment Market in the region. Many individuals are embracing gardening as a
means to connect with nature, promote biodiversity, and reduce their carbon
footprint. As a result, there is an increasing demand for eco-friendly
gardening equipment, such as composters, rainwater harvesting systems, and
energy-efficient tools. This shift towards sustainable gardening practices has
not only influenced consumer preferences but has also prompted manufacturers to
develop innovative, eco-conscious gardening equipment that aligns with these values.
Major companies operating in Global Gardening
Equipment Market are:
- Briggs & Stratton, LLC
- Deere & Company
- Excel Industries, Inc.
- Falcon Garden Tools Pvt. Ltd.
- Fiskars Brands, Inc.
- Honda Motor Co. Ltd.
- Husqvarna Group
- Kubota Corporation
- MTD Products, Inc.
- Robert Bosch GmbH
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“The Global Gardening Equipment Market is set to
experience substantial growth in the coming years, fueled by a combination of
influential factors. There is an increasing trend in home gardening, inspired
by shifts in lifestyle and a magnified focus on environmental sustainability;
this is driving demand for gardening equipment. Technological advancements are
leading to the development of more efficient, user-friendly tools, which are
anticipated to further enhance the market appeal. The rise in smart gardening
and automated equipment is another contributing factor, offering consumers more
control and ease in their gardening endeavors. Urbanization is growing at a
rapid pace, leading to the expansion of green spaces within city environments.
This, in turn, fuels the demand for gardening equipment. The convergence of
these factors is expected to propel the Global Gardening Equipment Market to
new heights, presenting lucrative opportunities for players in the market.,”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Gardening Equipment Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Hand
Tools, Lawnmowers, Trimmers & Edgers, Water Management Equipment, Others), By
Distribution Channel (Direct Sales, Online), By End User (Residential,
Commercial, Industrial), By Region and Competition”, has evaluated
the future growth potential of Global Gardening Equipment Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Gardening Equipment Market.
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