Market Dynamics
Global Gardening Tools Market size is projected to reach USD 105.53 billion at a CAGR of 4.2% from 2019 to 2025 (forecast period). The report provides a comprehensive overview of the present scenario, the economic situation and COVID-19 analysis of the overall market.
Garden tools are divided into hand tools and power tools. lawnmowers, trimmers and edgers, turf and ground equipment, shears, prunes, hammers, spades, and weeders are some of the widely used gardening tools.
The growing adoption of gardening tools and equipment for residential and commercial applications is accelerating market growth in gardening tools. Gardening or lawn care is a common leisure activity for the elderly, which increases the market for gardening tools in households. However, increasing prices of advanced tools can, to some degree, impede the size of the market for gardening tools. Nevertheless, manufacturers in the gardening tools industry are launching ground-breaking products such as robotic lawnmowers, battery-powered hand tools, and GPS-equipped lawnmowers to help consumers save time and energy.
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Key Players
Some of the leading participants identified by MRFR in this Gardening Tools Market are Stanley Black & Decker, Inc. (US), Fiskars Group (Finland), Husqvarna AB (Sweden), Griffon Corporation (US), Andreas Stihl AG & Co. KG (Germany), CobraHead LLC (US), Lasher Tools (South Africa), Zenport Industries (US), Bully Tools, Inc. (US), Corporacion Patricio Echeverria, S.A. (Spain), Ray Padula Holdings, LLC (US), Garden Tool Company (UK), American Lawn Mower Co (US), Root Assassin LLC (US), SNA Europe (Sweden).
Many international players dominate the market due to their extensive product range, high quality, aggressive pricing, and market reach. Many manufacturers have also introduced creative and technologically advanced gardening equipment to meet the needs of smart gardening. For starters, in February 2019, Husqvarna AB unveiled the new Automower 435X AWD, an AI-enabled, all-wheel-drive robotic mower with smart home connectivity. The fully autonomous robotic lawn mower is designed to handle rough terrain and slopes with an incline of up to 70% and works with Amazon Alexa and Google Home, and offers an open API for smart home integration. Increased availability of new products can lead consumers to invest in garden tools, thereby boosting the global market’s growth for gardening tools during the forecast period. In addition, foreign players are expected to extend their geographical reach by acquiring regional and local players.
Market Segmentation
The global market for gardening tools has been segmented into type, product, end-use, and distribution channel.
By type, the global market for gardening tools has been segmented into power tools and hand tools. Power tools are the largest and fastest-growing segment of the market for gardening tools. Power tools consist of lawnmowers, turf and ground equipment, trimmers and edgers, blowers, vacuums, and sweepers. These are primarily used by commercial end-users, such as landscape service providers, for the maintenance of lawns, commercial gardens and public parks. Power tools are fairly easy to use and help save time. Hand tools include basic gardening tools like shears, pruners, hammers, spades, shovels, trowels, weeders, and axes used for pruning, cutting, and digging. The rising trend of gardening as a leisure activity encourages the growth of the segment.
By product, the Global Gardening Tools Market has been segmented into lawnmowers, blowers, vacuums, & sweepers, pruning tools, striking & digging tools, and others. Lawnmowers are primarily used in the field of lawn maintenance. These are used to mow gardens, yards, and lawns. The growing use of equipment to maintain public facilities, such as parks, schools, and sports fields, is likely to encourage market growth. Growing demand for landscaping services in developing countries, such as the US, is also expected to increase the market growth. Blowers, Vacuums, & Sweepers are used for clearing leaves and litters on pavements and in parks, gardens, grounds, and playgrounds. Increasing consumer inclination towards gardening or maintenance of the lawn as a hobby boosts the segment’s growth. Blowers, vacuums, and sweepers are also used for commercial purposes, such as maintenance of public parks and gardens. Pruning Tools include shears, pruners, loppers, and handsaws used for cutting away dead or overgrown branches or stems to boost plant growth. Hammers, axes, mattocks, shovels, and spades are commonly used tools for striking and digging. The other segment includes hoes, trowels, weeders, rakes, and pitchforks for general garden maintenance.
By end-use, the global market for gardening tools has been segmented into residential, commercial. The practice of gardening as a recreational activity has contributed to increased spending on specialized tools and equipment. The increase in customer interest in home gardening and the availability of multipurpose tools are accelerating the global market growth for gardening tools. Commercial gardening tools are used for the maintenance of the large commercial property and public gardens and parks. These include lawnmowers, blowers, vacuums and sweepers, and trimmers and edgers. The rising emphasis on beautification of lawns and gardens in commercial spaces is increasing due to a focus on aesthetic value. This is expected to increase demand for commercial gardening tools during the forecast period.
By distribution channel, the global market for gardening tools has been segmented into store-based, non-store-based. Store-based stores account for the bulk of sales of gardening tools. The segment was further divided into hypermarkets and supermarkets, convenience stores, and others. In 2020, the hypermarkets and supermarkets dominated the market for gardening tools. Customers are actively purchasing gardening tools online via e-commerce portals as they deliver product and brand choice together with enticing offers. As a result, the non-store-based segment is expected to post a higher CAGR during the forecast period.
Regional Analysis
By region, the global market for gardening tools has been segmented into Europe, North America, Asia Pacific, Rest of the World
North America led the global market for gardening tools in 2020, and the regional market is expected to register a reasonable CAGR during the forecast period. It is due to the stringent government rules for the management of public green spaces and gardens, which have increased the demand for landscaping services.
The growth of infrastructure and the emphasis on leisure activities are expected to drive the gardening tools. In addition, the trend of backyard cooking and garden parties is fuelling the market for gardening tools in Europe.
The Asia Pacific is anticipated to be the fastest-growing regional market for gardening tools. The construction of residential properties is projected to fuel the market for gardening tools such as lawnmowers, shears, pruners, hammers, spades, shovels, trowels, and weeders, and axes. In addition, the market for gardening tools is largely driven by the need to increase the aesthetic appeal of commercial spaces, such as malls and offices.
The demand for the maintenance and management of green spaces and public facilities, such as parks, schools and sports fields in South America and the Middle East, is likely to push market growth in gardening tools.
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