Press release
Rising Trend Of Gardening Is Anticipated To Drive Lawn Shudders Market Demand
According to latest research by Fact.MR, lawn shredder market is expected to grow at a substantial rate of 5.5% CAGR . There have been several developments in technology and products over the past years.The facility of remote enabled lawn shredders has made it lucrative for the people to maintain their grasslands. Moreover, a notable increase in people interest for gardening, backyard beautification has led to increase in demand.
What is Driving Demand for Lawn Shredder?
The demand for lawn shredders has increased due to improved living standards and social lifestyle, increase in adoption of gardening as a hobby, increase in base of upper-middle-class people.
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Key Segments
By Operation
Manual
Semi Manual
Robotic
By Power Source
Electric
Petrol
Diesel
By End Use
Commercial
Residential
By Sales Channel
Offline
Retail outlets
Factory outlets
Online
Direct Sales
Third Party Websites
By Region
North America
US & Canada
Latin America
Brazil, Mexico, Argentina & Rest of Latin America
Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
East Asia
China, Japan, South Korea
South Asia
India, Thailand, Malaysia, Indonesia and Rest of South Asia
Oceania
Australia and New Zealand
Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
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Who are the Key Manufacturers of Lawn Shredders Market?
Some of the key manufacturers are,
MTD products American Honda Motor Co.
Robert Bosch GmbH
Stiga
Deere and Company
Robomow Friendly House
Husqvarna Group
AriensCo
These leading manufacturers operating in the lawn shredders business are pervading significant incremental opportunities and hence prospering the lawn shredders business. Innovative inclusions in the product with additional features, improved ergonomics, easy to handle and operate, automatization of the process and providing value product are key to acquire market share. Combined growth strategies and developing competitive environment to caster R&D edge in market are some of the notable approaches followed by key players to sustain the potential share globally.
Global Lawn Shredders Market Geographical Outlook
North America is expected to remain a dominant market for the lawn shredders in the coming years. The trend of maintaining a background yard, interest in gardening activities, backyard improvement and modification has been key factors for the demand in the area. Moreover, increasingly development in technology to ease of use of such equipment makes it lucrative for personal gardening.
While Asia Pacific region is expected to see highest growth in market of lawn shredders due to its growing urbanization, increasing standard of living, disposable income etc. Also, global events such as the coming Tokyo Olympics fuel the demand for such products which require aesthetic appeal of the playgrounds.
With increasing consumer’s demands, key players in this business are constantly offering best in class lawn shredders which are manufactured keeping consumers concern as priority. Middle East & African region being majorly vegetation deprived regions, are a small market for products such as lawn shredders.
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Covid-19 Impact on Global Lawn Shredders Market
Covid 19 has impacted various businesses due to the imposed lockdowns. People working from the comfort of their home has made it realized the importance of having open area outdoor activities.
Most of the public places such as parks, gardens and other playgrounds were closed due to restrictions implied by the government. The restrictions imposed in the movement of people led to decrease in demand for lawn shredders as most of the people stayed home.
However, the affluent class people having backyards at their home preferred to keep their backyard maintained, this led to increase in demand for retail units of the product. Also, increasing ease of use of lawn shredders with new technologies made it lucrative for the people to adopt the hobby of gardening.
Regional regulatory bodies and government organizations have taken notable steps to tackle this pandemic crisis and fight in an efficient way. As the relaxation in lockdown is occurring and people are moving out, use of public spaces such as gardens, parks, and playground are increasing. This demand is expected to grow with relaxation in lockdown and movement of public.
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Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.
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Utility Locator Market - https://www.factmr.com/report/5411/utility-locator-market
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