Press Release

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 through XX Pages and an in-depth TOC on "Global Gardening Equipment Market.”

 

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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