Press release
Gardening Equipment Market Current Largest And Fastest-Growing Regions Analysis Till 2031 | Robert Bosch Power Tools GmbH, Stiga Group, Excel Industries
Gardening Equipment Market
The gardening equipment market size was valued at $40.40 billion in 2021, and is estimated to reach $74.97 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.
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Top Players:
Stanley Black & Decker, Robert Bosch Power Tools GmbH, Stiga Group, Excel Industries, Inc., The Toro Company, STIHL Holding AG & Co. KG, Deere & Company, Hitachi Ltd., Honda Motor Co., Ltd, Husqvarna AB, Ariens Company, Briggs Stratton, Falcon Garden Tools, ECHO INCORPORATED, KUBOTA Corporation, Schiller Grounds Care, Inc., Emak S.p.A.
The growth in construction activities due to rapid industrialization and surge in population are the major factors that boost the demand for gardening equipment market. In addition, the growth in popularity of the Do-It-Yourself trend among the public is a key factor that can boost the growth of the gardening equipment market. Moreover, technological advancements in the gardening equipment industry have led to the adoption of water management tools and lawnmowers for commercial and residential purposes. Such factors are anticipated to boost the gardening equipment market growth during the forecast period.
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Industry News:
North-America accounted for the largest share of the global gardening equipment market share in terms of revenue in 2021, owing to rise in demand for landscaping and beautification endeavors from the commercial and residential construction sectors.
However, Asia- pacific is expected to register highest CAGR during the forecast period. This is due to increase in R&D investments in developing countries and rise in government investments day-by-day in construction activities.
By Region -
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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