The gardening equipment market comprises products that aid in various gardening activities like planting, irrigation, lawn care and maintenance. Power tools such as lawnmowers, trimmers and edgers help groom expansive lawns and gardens efficiently. Watering equipment including garden hoses, sprinklers and water nozzles help distribute water uniformly across the soil. Other essential requisites are pruners, shears, saws and loppers that aid in the precise trimming of hedges, shrubs and trees. Growing adoption of eco-friendly gardening practices and increasing Do-It-Yourself (DIY) trend are driving the sales of gardening equipment worldwide.
The Global Gardening Equipment Market is estimated to be valued at USD 67.9 Bn in 2024 and is expected to reach USD 129.2 Bn by 2031, growing at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031.
Key Takeaways
Key players operating in the gardening equipment market are Husqvarna, STIGA S.p.A, Robomow, MTD, Honda Power Equipment and The Toro Company. Rising urban population has increased the construction of public gardens, parks and green spaces in cities, fueling demand for professional landscaping services and equipment. Technological advancements include battery-powered equipment and smart connected features in mowers, trimmers and sprinklers for efficient garden maintenance.
Market Trends
Customers are increasingly opting for multifunctional equipment to perform various gardening tasks. Manufacturers are developing convertible products that can be transformed into tillers, edgers or aerators with the attachment of additional components. Another trend is the rising popularity of hydroponic and aeroponic vertical gardening systems for small balconies and terraces in densely populated urban areas.
Market Opportunities
Growing popularity of urban Gardening Equipment Market and vertical landscaping provides opportunities for specialized equipment manufacturers. The market is also witnessing increasing demand for sustainable gardening equipment powered by solar energy or electric batteries instead of petrol. Development of smart gardening tools integrated with IoT sensors and mobile apps allows remote monitoring and control of irrigation systems and landscaping machinery.
Gardening Equipment Market Impact of COVID-19:
The ongoing COVID-19 pandemic has significantly impacted the growth of the gardening equipment market. During the pre-COVID times, the market was growing at a steady pace owing to increasing spending on outdoor living spaces and growing adoption of gardening as a hobby among individuals. However, the imposition of lockdowns and social distancing norms globally has disrupted the supply chains and halted production activities temporarily.
With people confined to their homes, the demand for gardening equipment saw a massive surge as more people took up gardening and landscaping as a means to spend their leisure time productively. Moreover, the essential nature of these tools allowed the major retailers to continue operating albeit with certain restrictions. This spike in demand helped offset some losses incurred during the initial lockdown phases.
As restrictions are gradually being lifted, manufacturers are resuming production with safety protocols in place. The working from home culture and increased focus on mental and physical well-being is expected to boost gardening long term. However, prolonged economic uncertainties may impact discretionary spending. Brands are focusing on robust e-commerce channels and affordable products to aid market recovery. Sustainable practices and self-reliant initiatives can strengthen resilience against future disruptions.Gardening Equipment Market Geographical Analysis:
North America holds the major share of the global gardening equipment market in terms of value. Countries like the United States and Canada have large suburban housing with established garden culture and high spending power. The region contributes over 35% of the total market revenue.
Asia Pacific is identified as the fastest growing region with a projected CAGR of 15% over the coming years. Rapid urbanization, rising income levels, and increasing living standards are fueling garden makeovers and outdoor renovations in countries such as China, India and Japan. Furthermore, favorable government initiatives to promote urban greenization and eco-friendly lifestyles are strengthening the regional market demand. Europe and Latin America are other prominent geographical markets being driven by increasing passion for gardening and do-it-yourself (DIY) projects.
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Global Gardening Equipment Market is anticipated to witness exponential growth in the forecast period.
The factors that propel the growth of the gardening equipment market include increasing annual incomes, changing consumer lifestyle, increase in backyard cooking, expansion of modern homes and usage of gardens for hosting parties.
On the other hand, there are factors that may hamper the growth of the market including disturbances in retail market for garden products and unfavorable natural calamities.
Gardening equipment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.Gardening equipment industry may be explored by type, end user, and geography.
The key factors that may attributed to the growth of market includes extensive use of lawnmowers for garden and lawn maintenance in public parks, sports field and household backyards.Request a Free Sample Copy of Gardening Equipment Market Report @ https://www.millioninsights.com/industry-reports/gardening-equipment-market/request-sampleBased on end user, the gardening equipment industry may be classified as Residential Market and Government/Commercial Market.
The key factors that may attribute to the growth of market include rising interest in outdoor activities and small garden farming in flat systems.North America accounted for the major share of the gardening equipment market size in 2017 and will continue to lead in the forecast period.
