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Gardening Equipment Market Size Projected To Reach 154.26 Billion By 2034 With A Cagr Of 9%
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Projected Growth of the Gardening Equipment Market?
The market size for gardening equipment has seen a significant increase in recent years. The expansion is projected from $99.81 billion in 2024 up to $109.12 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%. The significant rise in the earlier period is due to factors like the proliferation of residential and commercial green areas, increases in disposable income and shifts in lifestyle, expansion of the online retail market, incline in urban development and landscaping needs, and the emergence of community gardening and urban farming initiatives.
In the coming years, the gardening equipment market size is anticipated to experience substantial growth, reaching $154.26 billion in 2029 with a compound annual growth rate (CAGR) of 9.0%. Factors contributing to the growth in this forecast period include the surge in interest for home gardening, the expansion of urban greenery and community gardening initiatives, increased demand for electric and battery-operated tools, higher disposable income and expenditure on home enhancements, as well as the adoption of smart irrigation systems. Key trends expected in this forecast period encompass the utilization of subscription and rental services for garden equipment, technological progress in automated landscaping tools, the incorporation of artificial intelligence and machine learning into gardening tools, and the creation of versatile and modular gardening equipment.
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What Are the Different Gardening Equipment Market Segments?
The gardening equipment market covered in this report is segmented -
1) By Product: Lawn Mowers, Hand Tools And Wheeled Implements, Water Equipment
2) By Sales Channel: Home Centers, Lawn And Garden Specialty Stores, National Retailers And Discount Stores, Hardware Stores, E-Commerce
3) By End Use: Residential, Commercial Or Government
Subsegmentss:
1) By Lawn Mowers: Ride-On Mowers, Walk-Behind Mowers, Robotic Mowers
2) By Hand Tools And Wheeled Implements: Pruners And Shears, Spades And Shovels, Rakes And Hoes, Wheelbarrows And Carts
3) By Water Equipment: Garden Hoses And Sprinklers, Drip Irrigation Systems, Watering Cans And Nozzles, Pumps And Water Storage Solutions
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What Are the Primary Drivers Shaping the Gardening Equipment Market?
The growth of the gardening equipment market is anticipated to be spurred by the escalating demand for landscaping services. These services include a broad spectrum of professional activities centered around the design, upkeep, and enhancement of external spaces. Factors such as the desire to boost property value, construct outdoor living areas, implement sustainable methods, urbanization, and increased disposable incomes are driving this demand. Gardening tools enhance landscaping services, increasing efficiency, accuracy, and productivity, thus enabling landscapers to uphold appealing and healthy outdoors while simultaneously cutting down labor expenses. For instance, a report by InsuranceBee Inc., a US-based insurance firm, revealed in June 2024, that the number of landscaping businesses in the US had risen to 641,782, indicating a 3% increase since 2022. Therefore, the growth of the gardening equipment market is being propelled by the rising demand for landscaping services.
Which Companies Are Leading in the Gardening Equipment Market?
Major companies operating in the gardening equipment market are Honda Power Equipment Manufacturing Inc., Robert Bosch GmbH, Deere & Company, Black & Decker, STIHL Holding AG & Co. KG, Makita Corporation, The Toro Company, Greenworks Tools, Fiskars Group, Craftsman, ECHO Incorporated, Herb Urban, Felco SA, Truper S.A. de C.V., Ronix Tools, Wilkinson Sword, Garrett Wade Company Inc., Gairdin, CobraHead LLC, WORX.
What Are the Major Trends Shaping the Gardening Equipment Market?
Companies that hold significant positions within the gardening equipment market are making strides in innovation with the creation of hedge shears and similar products, in an effort to improve their cutting efficiency, durability, and overall comfort for the user. Hedge shears, which are manual gardening tools, have been designed for shaping and trimming hedges, shrubs, and bushes. They are crafted with two long, straight-edged blades and handles that create a scissor-like movement when cutting. An example of this can be seen in FELCO SA, a company based in Switzerland, which in March 2023 launched the FELCO 250 hedge shear along with four new folding saw models, numbered FELCO 601, 602, 603 and 604. This new hedge shear model includes a bypass cutting system, precision-honed blades angled at 13°, and houses a serrated section that can cut branches as thick as 0.6 inches in diameter. The newly crafted saws are equipped with advanced tooth technology for efficient wood removal, blades which have a chrome plating to minimize friction, and teeth tips that have undergone impulse heating treatment for enhanced longevity. With ergonomic handles providing the users with a comfortable and firm grip, these tools are perfect for a variety of uses such as arboriculture, vineyard work and landscaping.
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What Are the Top Revenue-Generating Geographies in the Gardening Equipment Market?
North America was the largest region in the gardening equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gardening equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gardening Equipment Market?
2. What is the CAGR expected in the Gardening Equipment Market?
3. What Are the Key Innovations Transforming the Gardening Equipment Industry?
4. Which Region Is Leading the Gardening Equipment Market?
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