Growth Drivers & Opportunity: The rising trend of home improvement and gardening among millennials and increasing disposable income in developing countries are key factors contributing to the growth of the gardening equipment market. Furthermore, the growing demand for ergonomic and easy-to-use gardening tools is creating lucrative opportunities for market players.
Growth Drivers & Opportunity: The expanding global landscaping and horticulture industry, along with the increasing awareness about the benefits of gardening for mental health and well-being, are significant growth drivers for the gardening equipment market. Moreover, the growing trend of organic gardening and emphasis on sustainable living are expected to drive market growth in the coming years.
Report Coverage | Details |
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Segments Covered | Product, Sales Channel, End Use |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Ariens Company, American Honda Motor Co., Briggs Stratton, Deere & Company, Falcon Garden Tools, Fiskars, Husqvarna Group, Robert Bosch, Robomow Friendly House, The Toro Company, |
The gardening equipment market in North America is characterized by a high level of adoption of advanced technology and growing consumer awareness regarding the benefits of gardening. The United States holds the largest market share in the region, driven by the increasing trend of outdoor gardening activities among the urban population. Canada also shows significant growth potential due to the rising interest in sustainable gardening practices.
Asia Pacific:
In Asia Pacific, China emerges as the dominant market for gardening equipment, fueled by the growing urban population and rising disposable income levels. Japan and South Korea are also important markets in the region, driven by the strong horticulture tradition and emphasis on aesthetic gardening.
Europe:
In Europe, the United Kingdom, Germany, and France are the key markets for gardening equipment. The UK has a strong gardening culture, with a high number of households engaging in gardening activities. Germany is known for its quality gardening tools and equipment, while France shows a growing trend towards organic gardening practices.
Lawn Mowers:
The lawn mowers segment of the gardening equipment market is expected to witness steady growth due to the increasing demand for maintaining well-groomed lawns and gardens in both residential and commercial settings.
Handheld Power Tools:
The handheld power tools segment is projected to experience significant growth as consumers seek efficient and convenient tools for various gardening tasks such as trimming, pruning, and cutting.
Hand Tools & Wheeled Implements:
The hand tools and wheeled implements segment is anticipated to register a steady growth rate, driven by the rising popularity of DIY gardening activities and the need for durable and reliable gardening tools.
Water Equipment:
The water equipment segment is forecasted to witness strong growth, supported by the growing awareness about water conservation and the need for efficient irrigation systems in gardens and landscapes.
Sales Channel
Home Centers:
Home centers are expected to be a key sales channel for gardening equipment, offering a wide range of products catering to the needs of both residential and commercial customers.
Lawn & Garden Specialty Stores:
Lawn and garden specialty stores are projected to witness steady growth, as they provide expert advice and specialized products tailored to the specific needs of gardening enthusiasts.
National Retailers & Discount Stores:
National retailers and discount stores are likely to capture a significant market share due to their widespread presence and competitive pricing strategies, attracting budget-conscious consumers.
Hardware Stores:
Hardware stores are expected to remain a popular sales channel for gardening equipment, offering a diverse selection of tools and equipment for customers with varying gardening needs.
E-commerce:
The e-commerce segment is anticipated to witness rapid growth, driven by the convenience of online shopping and the availability of a wide range of gardening equipment products from various brands.
End Use
Residential:
The residential segment is expected to dominate the gardening equipment market, fueled by the increasing trend of home gardening and landscaping activities among homeowners.
Commercial/Government:
The commercial and government segment is projected to witness steady growth, driven by the demand for professional-grade gardening equipment for landscaping, maintenance, and beautification of commercial properties and public spaces.
Top Market Players:
- Husqvarna Group
- Stihl AG
- Toro Company
- Honda Motor Co., Ltd.
- Black & Decker (Stanley Black & Decker)
- John Deere
- Scotts Miracle-Gro Company
- Echo, Inc. (Yamabiko Corporation)
- GardenToolsDirect
- Mountfield