Gardening Tools Market Thrives with Sustainable Solutions and Growing Demand (2020-2027)
Research Reports
Aug 17, 2023
Market Research Future Insights
Gardening tools market is expected to register a CAGR of 4.51% from 2020 to 2027 and hold a value of over USD 112.09 billion by 2027.
The gardening industry is witnessing an exciting transformation as innovative tools and technologies take root in green spaces around the world. With a growing emphasis on sustainable living, outdoor leisure, and self-sufficiency, the gardening tools market is evolving to meet the diverse needs of modern gardeners. From high-tech solutions to ergonomic designs, here’s a glimpse into the latest trends shaping the gardening tools market.
Sustainable and Eco-Friendly Innovations
With environmental consciousness on the rise, the gardening tools market is witnessing a surge in demand for sustainable and eco-friendly options. Manufacturers are responding by developing tools made from recycled materials, biodegradable plastics, and renewable resources. From bamboo-handled trowels to solar-powered garden lights, these products not only reduce the carbon footprint but also appeal to environmentally conscious consumers.
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Key Players
Some of the key market players are Fiskars Group, Husqvarna Group, STIHL Group, The Home Depot, Inc., Lowe’s Companies, Inc., Honda Motor Co., Ltd., Robert Bosch GmbH, The Toro Company, Black & Decker (Stanley Black & Decker, Inc.), and Ames Companies, Inc.
Market Segmentation
The Global Gardening Tools market has been segmented into Product, Tool Holder, End-Use, and Distribution Channels.
Based on the product tool, the market has been segmented into Lawn Mowers, Blowers, Vacuums & Sweepers, Pruning Tools, Striking & Digging Tools, Chain saws, and Others.
Based on the Tool Holder, the market has been segmented into Engine Tools and Hand Tools.
Based on the End-use, the market has been segmented into Residential and Commercial.
Based on the Distribution channel, the market has been segmented into Store Based and Non-Stored Based.
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Regional Analysis
North America is currently the largest market for gardening tools, with the United States being the major contributor to the market’s growth. The region has a high number of gardening enthusiasts and a well-established gardening industry, which has driven the demand for gardening tools. Moreover, the growing trend of sustainable gardening practices and the increasing adoption of automation in the gardening industry has also contributed to the growth of the market in North America.
Europe is the second-largest market for gardening tools, and the growth is primarily driven by the increasing popularity of gardening as a leisure activity and the growing demand for sustainable gardening practices. Moreover, the presence of a well-established gardening industry and the increasing investments in research and development activities have also contributed to the growth of the market in Europe.
The Asia Pacific region is expected to witness significant growth in the gardening tools market due to the increasing popularity of gardening as a leisure activity, the rising disposable income, and the growing demand for sustainable gardening practices. Moreover, the increasing urbanization and the growing trend of rooftop and balcony gardening are expected to drive the growth of the market in the region.
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