Gardening Equipment Market share and trend analysis, by product, by end-use, by distribution channel and by region, 2021-2031
DUBLIN, IRELAND, March 15, 2022 /EINPresswire.com/ — 250-page gardening tool market research by Fact MR, a leading market and competitive intelligence provider
The global COVID-19 pandemic has upended several industries by causing disruptions in their day-to-day operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable insights into the Gardening Tools market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for the Gardening Tools market across various industries and regions.
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Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of the Gardening Tools Market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Gardening Tools Market
This newly released and insightful report sheds light on the Garden Tools Market insights, key dynamics, their impact on the overall value chain from vendors to end users and Garden Tools Market growth.
The global garden tools market is currently estimated to be worth US$97 billion and is expected to register growth at a CAGR of 6% throughout 2021-2031. According to Fact.MR’s research analysis of gardening tools, major vendors include The Ames Companies Inc., Estwing Manufacturing Company Inc., Alamo Group Inc., Briggs and Stratton Corp., The Toro Co., Kubota Corp. . and Robert Bosch GMBH, and collectively accounted for nearly 50% of global revenue in 2020.
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Key Market Segments Covered
– By product
Cape Cod weeders
Shears and shears
Lawn mowers and trimmers
– By end use
Residential gardening tools
Commercial gardening tools
– By distribution channel
Online sale of gardening tools
Retail of gardening tools
Gardening Tools Sales Distributors
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Key insights from market research
– The Garden Tools market has been growing at a CAGR of 5% over the past 5 years and is expected to add significant value by 2031.
– Based on the product, lawn mowers are expected to capture a large market share.
– Among end uses, the residential sector has been the fastest growing segment, due to the increase in gardening activities over the past decade.
– North America is expected to be the largest market in terms of revenue in 2021, while continuing on the same path until 2031 to hold ¼ of the global market share.
– The Western Europe market is expected to grow at a high single-digit CAGR through 2031.
– The United States, Germany and France are expected to be lucrative markets for garden tool manufacturers.
– Growth remained strong during the COVID-19 crisis, attributed to increased gardening activities across all regions. Short, medium and long term demand is expected to grow at a sustained pace.
“Product innovation while keeping in mind changing consumer preferences will help the market grow over the next few years,” says an analyst from Fact.MR.
Key Question Answered in the Gardening Tools Market Report Survey:
– What is the valuation of the Gardening Tools market?
Gardening tools market analysis, revenue is expected to reach US$97 billion in 2021.
– What was the CAGR of the Garden Tools Market from 2016-2020?
Gardening tool sales have seen moderate growth of nearly 5% CAGR over the past half-decade, with East Asia showing the highest CAGR of nearly 7%.
– What is the demand outlook for gardening tools in the future?
The growing inclination for gardening as a leisure activity is driving gardening tools sales in key regions, with the market expected to grow at a CAGR of 6% through 2031.
– What are the most lucrative markets for gardening tool manufacturers?
UK, Germany, France and USA are markets that are expected to grow at high CAGRs during the forecast period.
– What are the main trends related to the garden tools industry?
The growing inclination for nursery care and ornamental planting are key trends shaping the garden tools industry.
More Valuable Insights into the Gardening Tools Market
Fact.MR, in its new report, offers an unbiased analysis of the gardening tools market, sales and demand for gardening tools, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.
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