Gardening Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global gardening equipment market size reached US$ 36.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 51.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2022-2028.
Gardening equipment helps perform day-to-day farm tasks easily, efficiently, and economically and provides favorable conditions for the overall growth of plants. It comprises a trowel, spade, rake, hand cultivator, tractor, lawnmower, harrow, secateurs, garden fork, sprinkler, pruning saw, spray pump, grass shear, and budding cum grafting knife. Presently, several manufacturers are offering robotic equipment that makes labor-intensive tasks easier by eradicating weeds, removing crop residues, and promoting aeration.
Gardening Equipment Market Trends:
The emerging trend of home gardening due to rapid urbanization and rising consumer inclination towards home-grown organic fruits and vegetables represents one of the key factors positively influencing the market. This can also be accredited to rising environmental concerns and increasing awareness among individuals about the negative impact of pesticide residue in food. Moreover, the escalating demand for landscaping ventures like vertical gardens is driving the market. Gardening equipment also finds application in golf courses, sports fields, and public parks across the globe. Apart from this, due to hectic lifestyles and improving living standards, the demand for automated equipment is rising for performing daily tasks with high precision. In line with this, the integration of artificial intelligence (AI) technology is increasing the employment of lawnmowers in the commercial sector to reduce operational costs. This, along with the rising trend of balcony gardens due to the growing demand for apartments and the increasing number of nuclear families, is also contributing to market growth. Furthermore, the leading market players are focusing on developing and introducing innovative and smart equipment, which is anticipated to fuel the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global gardening equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and end user.
Breakup by Product:
Hand Tools
Weeder
Cape Cod Weeder
Paving Weeder
Fishtail Weeder
Hoe
Shears and Snips
Others
Lawnmowers
Trimmers and Edgers
Water Management Equipment
Others
Breakup by End Use:
Residential
Commercial/Government
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ariens Company, Briggs & Stratton Corporation, Deere & Company, Falcon Garden Tools Pvt. Ltd., Fiskars Group, Husqvarna AB, KUBOTA Corporation, MTD Products Inc, Robert Bosch GmbH, The Honda Motor Company Ltd., and The Toro Company.
Key Questions Answered in This Report:
How has the global gardening equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global gardening equipment market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global gardening equipment market and who are the key players?
What is the degree of competition in the industry?