Dublin, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The "Gardening Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
The global Gardening Equipment Market is poised to witness significant growth in the coming years, as the industry capitalizes on the rising trend towards eco-friendly and technologically enhanced products. A comprehensive analysis of the market reveals that gardening tools are no longer seen as mere instruments for maintaining green spaces, but as pivotal components of the modern lifestyle, driving innovation and sustainability.
New Technological Advancements Spur Growth in Gardening Equipment Sector
The market has seen a robust growth trajectory, leveraging the latest advancements in technology. Innovations such as robotic lawnmowers and smart watering systems have made garden maintenance more efficient and user-friendly.
This adoption of technology in garden care reflects a broader societal shift towards environmentally conscious living, combining the benefits of nature with the convenience of modernity.
Vertical Gardening and Commercial Applications Fuel Demand
One notable trend contributing to the market expansion is the increasing popularity of vertical gardening, an ideal solution for space-challenged urban settings. With the expansion of commercial gardening, professional landscapers and businesses are also turning to high-performance gardening tools to curate aesthetically pleasing and environmentally beneficial green spaces.
DIY Landscape Projects: A Driving Force Behind Equipment Sales
Do-it-yourself landscape projects are becoming increasingly popular worldwide, bolstering the sales of garden equipment. This self-service approach aligns with the broader trends of organic gardening and urban farming, further stimulating market demand.
Regional Analytical Highlights Emphasize Growth Potential
The market analysis underscores North America's commanding presence in the global arena due to its economic prosperity and technological advancements. Meanwhile, the Asia-Pacific region is identified as the fastest-growing market, with increasing urbanization and a growing inclination towards gardening among its burgeoning middle class.
- Product Type Insights: Lawnmowers maintain their stronghold in product type dominance.
- Distribution Channel Insights: While direct sales lead the distribution channels, online sales witness an upswing, attributed to the convenience of digital shopping and home delivery services.
- End User Insights: A surge in residential, commercial, and industrial applications, each driving the gardening equipment demand curve upwards.
Competitive Landscape: Facilitating Market Entry and Expansion
The study presents an insightful view of the competitive landscape, providing details on major market players. Business strategies, product offerings, and regional presence are carefully examined to understand their impact on market dynamics.
In summary, the global Gardening Equipment Market shows no signs of slowing down, with key drivers such as technological innovation, rising interest in DIY gardening projects, and the popularity of vertical gardening shaping its future trajectory. The detailed report provides strategic insights into the market, allowing stakeholders to align their operational and marketing strategies accordingly.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 178 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $87.24 Billion |
| Forecasted Market Value (USD) by 2028 | $123.77 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
Report Scope:
In this report, the Global Gardening Equipment Market has been segmented into the following categories:
Gardening Equipment Market, By Product Type:
- Hand Tools
- Lawnmowers
- Trimmers & Edgers
- Water Management Equipment
- Others
Gardening Equipment Market, By Distribution Channel:
- Direct Sales
- Online
Gardening Equipment Market, By End User:
- Residential
- Commercial
- Industrial
Companies Profiled
- Briggs & Stratton
- Deere & Company
- Excel Industries, Inc.
- Falcon Garden Tools
- Fiskars Brands, Inc.
- Honda Motor Co. Ltd.
- Husqvarna Group
- Kubota Corporation
- MTD Products, Inc.
- Robert Bosch
For more information about this report visit https://www.researchandmarkets.com/r/282n2x
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