Press release
North America Gardening Tools Market to Grow at 3.8% CAGR Through 2031 | Persistence Market Research Report
The North America gardening tools market is poised for steady growth, driven by an increase in gardening enthusiasts, urban farming, and landscaping activities. The market is projected to expand at a Compound Annual Growth Rate (CAGR) of 3.8% from 2024 to 2031. This growth is expected to elevate the market's value from a forecasted US$ 1.9 billion in 2024 to US$ 2.5 billion by the end of 2031. Factors such as the rise of home gardening, sustainable living trends, and technological advancements in garden tools are contributing to the market's expansion.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐏𝐃𝐅- https://www.persistencemarketresearch.com/samples/34367
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Market Overview
The North American gardening tools market is witnessing a surge in demand due to an increasing number of households engaging in gardening activities. This growth is influenced by factors such as the rise in sustainable living practices, urbanization, and the desire for aesthetically pleasing outdoor spaces. The gardening tools market is diverse, encompassing hand tools, power tools, and lawn and garden equipment.
Key Market Drivers
Rising Popularity of Home Gardening: With the growing interest in home gardening, particularly post-pandemic, more individuals are investing in gardening tools. This trend is enhanced by a greater focus on sustainability and the desire to grow organic produce.
Urbanization and Landscaping: Urban landscapes are expanding, and gardening tools are essential for maintaining residential lawns, public parks, and commercial spaces. Cities with smaller green spaces are encouraging urban farming and green areas, which increase the demand for gardening tools.
Technological Advancements in Garden Tools: Innovations in gardening tools, such as smart garden equipment and battery-operated tools, are enhancing user experience and convenience. These tools are gaining popularity due to their efficiency and ease of use.
Key Growth Barriers
High Initial Investment: The cost of high-quality gardening tools can be a barrier for some consumers, particularly for those new to gardening or with limited budgets. The high price of power tools, such as lawn mowers and trimmers, may deter some customers.
Seasonality of Demand: Gardening tools are generally more in demand during the spring and summer months. In regions with colder climates, such as parts of Canada, demand may be limited during the winter season.
Key Trends and Opportunities
Sustainability Focus: Consumers are increasingly seeking eco-friendly gardening tools, which are made from sustainable materials. This trend is expected to create growth opportunities for companies that develop green alternatives to traditional tools.
Smart Gardening Tools: The rise of Internet of Things (IoT)-enabled garden tools, including automatic irrigation systems and app-controlled equipment, is a significant trend that will shape the future of the market.
Growing Interest in Urban Farming: With urban farming on the rise, gardening tools are gaining traction in city areas. Small-scale farms and backyard gardening for self-sufficiency are creating new market opportunities.
Regional Insights
United States: The United States is the largest market for gardening tools in North America, driven by the high number of gardening households and increased spending on landscaping. Key states like California, Texas, and Florida have a strong gardening culture, fostering market growth.
Canada: In Canada, the gardening tools market is expanding as more consumers adopt gardening as a hobby. The demand is driven by urban gardening and landscaping, particularly in cities like Vancouver and Toronto.
Competitive Landscape
The North America gardening tools market is highly fragmented with several leading players, including:
The Scotts Miracle-Gro Company
Toro Company
Husqvarna Group
Bosch Power Tools
Black & Decker (Stanley Black & Decker Inc.)
These companies are focusing on product innovation, acquisitions, and partnerships to strengthen their position in the market.
Market Forecast
The North America gardening tools market is forecast to expand at a CAGR of 3.8% and increase from an expected value of US$1.9 billion in 2024 to US$2.5 billion by the end of 2031. This growth is attributed to factors such as the rising interest in home gardening, sustainable living trends, and technological advancements in garden tools.
North America Gardening Tools Market Segmentation
By Product Type
Shears and Pruning Tools
Shears and Pruners
Loppers
Handsaws
Hedge Trimmers
Striking Tools
Hammers
Axes
Digging Tools
Mattocks
Shovels and Spades
Others
Blowers
Lawn Mowers
Others
By Sales Channel
Online
Off-line
Home Centers
Discount Stores
Specialty Home and Garden Stores
By End Use
Commercial Gardening Tools
Landscaping
Nurseries
Commercial Farming and Agriculture
Recreational Centers & Gardens
Public Institutions
Offices and Business Spaces
Non-commercial Gardening Tools
Residential Spaces
Personal and DIY Gardening
Community Parks
By Operating Type
Manual Gardening Tools
Electric Gardening Tools
By Country
U.S.
Canada
Mexico
Conclusion
The North America gardening tools market is expected to see steady growth due to rising consumer interest in gardening, technological advancements, and the ongoing trend toward sustainability. Companies operating in the market have the opportunity to capitalize on these trends by offering innovative products and solutions that align with consumer preferences for eco-friendly and smart gardening tools.
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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Brentford, London, TW8 0GU UK
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