The global horticulture equipment market is projected to reach USD 9.68 billion in 2024, and is expected to grow at a CAGR of 4.4% from 2024 to 2034. Factors such as urbanization, rising disposable income, and growing popularity of home gardening are increasing the demand for horticulture equipment across the world.
Gardening enthusiasts are increasingly looking to green practices to minimize the carbon footprint of their gardening activities, a trend that has spurred the development of eco-friendly materials, battery-powered equipment and energy-efficient tools.
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Increased public awareness of sustainable gardening practices and environmental protection has led to consumers preferring organic gardening and eco-friendly products. The recognition of the therapeutic benefits of gardening also has more gardeners seeking tools and equipment that enhance their experience in both indoor and outdoor environments.
𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲
• Steady Growth Prediction: The market is expected to grow at a compound annual growth rate (CAGR) of 4.5% until 2034, reaching a remarkable valuation of US$ 15.04 billion by the end of the forecast period.
• Regional Trends: North America is expected to maintain a large market share, accounting for 25.8% in 2024. Furthermore, the market in East Asia is expected to witness significant growth, projected to grow at a CAGR of 4.4% from 2024 to 2034.
• Segment-Specific Trends: Within the market, the scissors and pruning tools segment is projected to expand steadily at a CAGR of 4.2% from 2024 to 2034. Similarly, the commercial gardening tools segment is expected to witness robust growth, projected to register a CAGR of 4.9% by 2034.
• Driving Forces: Urbanization, growing environmental awareness among consumers, and continuous technological advancements are identified as the key drivers driving the growth of the market. These factors create a ripe environment for innovation and adaptation to cater to the changing preferences of environmentally conscious and technology-oriented gardening enthusiasts.
In summary, the gardening equipment market offers lucrative opportunities for stakeholders to capitalize on emerging trends and consumer demands, thereby driving sustainable growth and innovation within the industry.
𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭
• Ariens
• American Honda Motor Company
• Briggs Stratton
• Deere & Company
• Falcon Garden Tools
• Fiskars
• Husqvarna Group
• Robert Bosch GmbH
• Robomow Friendly House
• Stanley Black & Decker
• Brandt International Inc.
• Robert Bosch GMBH
• Diaz & Company
• Toro
• Kubota Corporation
• Alamo Group, Inc.
• Briggs & Stratton
• Ames Companies, Inc.
• Estwing Manufacturing Company, Inc.
𝐓𝐡𝐫𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐚𝐫𝐝𝐞𝐧𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐓𝐚𝐢𝐥𝐨𝐫𝐞𝐝 𝐟𝐨𝐫 𝐔𝐫𝐛𝐚𝐧 𝐋𝐢𝐯𝐢𝐧𝐠
Rapid urban population growth has led to a proliferation of compact living arrangements, including apartments, condominiums and tiny homes with limited outdoor space. As a result, the demand for gardening equipment made specifically for these confined spaces is skyrocketing. This trend is stimulating innovation in the market and driving the development of space-saving tools and solutions. City dwellers eager to bring some greenery into their limited living spaces are seeking portable, lightweight equipment that is ideal for balcony gardens, vertical gardening setups and indoor plant cultivation.
Additionally, the growing popularity of community gardens and shared green spaces in urban areas has created a need for versatile gardening tools that can be adapted to collaborative gardening ventures. This urban gardening movement has created a shortage of traditional gardening areas, which has reoriented the industry towards compact, efficient and flexible solutions. As a result, there has been a surge in the development and adoption of specialized gardening equipment, with the evolving urban landscape being a key driver of change.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Continuous innovation, distribution networks, brand recognition and the ability to meet changing consumer demands for efficiency, sustainability and technological advancements drive competitive advantage. Changing customer expectations and market trends for garden equipment are constantly shifting the competitive landscape, creating opportunities for established organizations as well as start-ups to thrive.
• Husqvarna launched the innovative self-propelled lawn mower Ceora in June 2022. The battery-powered lawn mower is connected to the Husqvarna Automower Connect app. Triangulation communication signals are sent from Ceora to a reference station to communicate its position.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐆𝐚𝐫𝐝𝐞𝐧𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 Board of Education
• By product type:
o Scissors and pruning tools
o Impact tools
Drilling tools
Blower
Lawn mower
others
• By end use:
o Commercial gardening tools
o Non-commercial gardening tools
• By sales channel:
Home improvement stores
o Lawn and garden specialty store
National retailers and discount stores
Hardware Store
Electronic commerce
others
• By region:
North America
Europe
Latin America
East Asia
South Asia and Oceania
Middle East and Africa
More information: https://www.factmr.com/report/261/gardening-equipment-market
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