Gardening Equipment Market To Grow With Modernizing Agro-Industry During the Forecast Period
Rising inclination toward home
gardening is driving the growth in Global Gardening Equipment Market in the
forecast period, 2022-2026.
According
to TechSci Research report, “Global Gardening Equipment Market By Product Type (Hand
Tools, Lawnmowers, Trimmers & Edgers, Water Management Equipment, Others), By
Distribution Channel (Direct Sales, Channel Sales, Online), By End User
(Residential, Commercial, Industrial), By Region, Competition Forecast &
Opportunities, 2026”,
the global gardening equipment market would potentially project an impressive
growth in the forecast period, 2022-2026, with an impressive CAGR on the
account of rising adaptation of home gardening among the population. Due to
recent situation of pandemic, the consumers are more inclined toward creating a
mini home garden for their own recreational purposes, and the fact is actively
supporting the growth of the global gardening equipment market in the upcoming
five years. Moreover, rising awareness about the health benefits of smaller
plants like snake plants, English ivy, peach lilies etc. are further
influencing the consumers to set a home garden and thus driving the growth of
the global gardening equipment market in the next five years. Additionally,
general awareness regarding cleaner air, healthier atmosphere is further
substantiating the growth. Technologically advanced equipment with portable
advantages is also influencing the growth of the global gardening equipment
market in the future five years. Furthermore, rapidly increasing number of
market players who are providing efficient and effective tools for the garden
is aiding the growth of the market in forecast period, until 2026.
Equipment,
tools and machinery utilized for the basic farming, and gardening are known as
gardening equipment. Instruments like spades, diggers, looper, etc. are all
different types of gardening equipment. Some other tools include watering can, hoses,
gloves etc. Heavy duty like lawnmower, wheelbarrows, hedge cutters etc. require
precision for usage. The equipment can be categorized based on the actions they
are used for like planting, digging, weeding, harvesting, pruning, maintenance
and wood cutting.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Gardening equipment Market".
The global gardening equipment market segmentation
is based on product type, distribution channel, end user, competitional
landscape, and regional distribution. Based on distribution channel, the market
is further bifurcated into direct sales, channel sales, and online. Direct
sales from the vendors are anticipated to hold the largest revenue shares of
the market and dominate the market growth on the account of consumer
reliability, and trust over the vendors. Moreover, expert knowledge from the
vendors influences the consumer buying behavior and hence drives the growth of
the global gardening equipment market in the upcoming five years. Online
channels are expected to register fastest growing CAGR in the next five years
on the account of changing purchase behavior of the consumers. Furthermore,
rapid promotion of online shopping among the consumer is driving the growth of
the market. Availability of the complete information about the functions and
usability of the equipment is further aiding the growth of the global gardening
equipment market in the future five years.
Based on end user, the market is further
differentiated among residential, commercial, and industrial. Residential users
are expected to register largest sales and revenue shares of the market. These
users are rapidly inclined toward setting a small home garden and the demand
for portable garden equipment is aiding the growth of the global gardening
equipment market. Commercial users are demanding the gardening equipment and
showing significant growth in their revenue shares on the backbone of surging
demands from the commercial sectors like offices, business infrastructure for
the aesthetic outlook of the infrastructure. Rising demand for lawn mowers for
the variant lawns in the office complexes is also supporting the growth of the
global gardening equipment market in the next five years.
Andreas Stihl AG & Co. KG, Husqvarna Group, MTD
Products, Inc., Robert Bosch GmbH, The Toro Co., Falcon Garden Tools, Fiskars
Corporation, Makita Corporation, among others are some of the major
share-holding market players. Market players are actively involved in the
research and technological development in the product developments. The
advanced technology has made it possible for the industry to provide excellent
services through gardening equipment. Further advancement would aid the market
value and brand establishment in the future five years. New market players may
focus on the research and development to provide options that satisfies the
consumer demand as well as benefits the market players in building their brand
value. Other competitive strategies include mergers & acquisitions and new
product developments.
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“North America is anticipated to hold
the largest revenue shares in the future five years. The idea of home garden is
actively influencing the consumers and thus aiding the growth of the market in
the region. New market players must focus on the research and technological
advancement of the garden equipment such that rising consumer demands can be
satisfied and this would aid their brand establishment in the upcoming five
years,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based Global management consulting firm.
“Global Gardening
Equipment Market By Product Type (Hand Tools, Lawnmowers, Trimmers &
Edgers, Water Management Equipment, Others), By Distribution Channel (Direct
Sales, Channel Sales, Online), By End User (Residential, Commercial,
Industrial), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future
growth potential of global gardening equipment 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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