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.
The Important Aspects of the Global Gardening Equipment Market
Due to the recent situation of pandemic, 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 up 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 and a 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, the rapidly increasing number of market players who are providing efficient and effective tools for the garden is aiding the growth of the market in the forecast period, until 2026.
Equipment, tools, and machinery utilized for basic farming and gardening are known as gardening equipment. Instruments like spades, diggers, loopers, etc. are all different types of gardening equipment. Some other tools include a watering can, hoses, gloves, etc. Heavy duty like lawnmowers, wheelbarrows, hedge cutters, etc. requires 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.
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The global gardening equipment market segmentation is based on product type, distribution channel, end-user, competitional landscape, and regional distribution. Based on distribution channels, 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 in the vendors. Moreover, expert knowledge from the vendors influences 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 the fastest growing CAGR in the next five years on the account of changing the purchase behavior of consumers. Furthermore, the rapid promotion of online shopping among consumers 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 the end user, the market is further differentiated among residential, commercial, and industrial. Residential users are expected to register the largest sales and revenue shares in the market. These users are rapidly inclined toward setting up 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 gardening equipment and showing significant growth in their revenue shares on the backbone of surging demands from the commercial sectors like offices, and business infrastructure for the aesthetic outlook of the infrastructure. Rising demand for lawn mowers for the variant lawns in office complexes is also supporting the growth of the global gardening equipment market in the next five years.
The major companies in Global Gardening Equipment Market
- Andreas Stihl AG & Co
- Husqvarna Group
- MTD Products, Inc.
- Robert Bosch GmbH
- The Toro Co.
- Falcon Garden Tools
- Fiskars Corporation, and Makita Corporation, among others, are some of the major share-holding market players. Market players are actively involved in research and technological development in product development. 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 research and development to provide options that satisfy 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 gardens is actively influencing 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 the global gardening equipment market.
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