Press release
Gardening Equipment Market Outlook 2024 to 2034: Growth Insights with Ariens, Honda, Briggs Stratton, Deere & Company, Falcon, Fiskars, Husqvarna, Bosch, Robomow, Stanley Black & Decker
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Market Valuation and Growth Projections
The gardening equipment market is experiencing steady growth, driven by the rising popularity of gardening as a hobby, increased demand for landscaping services, and innovations in tool design. From a valuation of US$ 9.68 billion in 2024, the market is expected to grow to US$ 15.04 billion by 2034. Key drivers include the adoption of eco-friendly and ergonomic tools, urban gardening trends, and the expansion of online sales channels.
Key Market Drivers
The growing trend of DIY gardening has boosted demand for a wide range of tools, from hand-held pruners to advanced machinery. Urbanization has spurred the development of compact, ergonomic tools for small spaces like balconies and rooftops. Innovations such as smart irrigation systems and electric-powered tools enhance efficiency and sustainability. Increased environmental awareness drives demand for eco-friendly equipment, while online platforms expand market accessibility.
Segmentation Insights: Product Type and End Use
The market is segmented by product type (Shears & Pruning Tools, Striking Tools, Digging Tools, Blowers, Lawn Mowers, Others) and end use (Commercial Gardening Tools, Non-Commercial Gardening Tools). The commercial gardening tools segment leads with a valuation of US$ 3.72 billion in 2024 and a 4.9% CAGR, driven by demand from landscaping companies and municipal garden maintenance. The shears & pruning tools segment grows at a 4.2% CAGR, catering to precise gardening tasks for both amateurs and professionals.
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Regional Market Dynamics
North America holds a 25.8% market share in 2024 (US$ 2.5 billion), with the United States leading at US$ 1.7 billion and a 4.6% CAGR, fueled by a cultural shift toward sustainable living and high disposable incomes. East Asia is projected to grow at a 4.4% CAGR, with China dominating at US$ 1.88 billion in 2024 and a 4.2% CAGR, driven by rapid urbanization and a growing middle-class population creating green spaces in urban homes. Japan and other East Asian countries contribute through increasing adoption of innovative gardening tools.
Competitive Landscape and Key Players
The gardening equipment market is competitive, with key players including Ariens Company, American Honda Motor Co. Inc., Briggs Stratton, Deere & Company, Falcon Garden Tools, Fiskars, Husqvarna Group, Robert Bosch GmbH, Robomow Friendly House, and Stanley Black & Decker, Inc.. These companies focus on innovation, sustainability, and distribution networks to maintain market leadership. Recent developments include:
•Husqvarna (June 2022): Launched the Ceora, a battery-operated, self-propelled lawnmower with app connectivity for precise positioning and efficient operation, targeting commercial and residential users.
Industry Trends and Innovations
Key trends include the rise of compact, ergonomic tools for urban gardening, smart irrigation systems, and electric-powered equipment for sustainability. The integration of IoT-based monitoring and robotic assistance enhances convenience and automation. Seasonal demand peaks in spring and summer, driving sales of lawnmowers, trimmers, and watering systems. Eco-friendly tools and sustainable practices align with consumer demand for environmentally responsible gardening solutions.
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Challenges and Future Outlook
Challenges include the high initial cost of advanced gardening tools, which can deter individual consumers and small-scale gardeners, and ongoing maintenance expenses. However, financing options, affordable product lines, and emphasis on long-term cost savings are addressing these barriers. The market is expected to grow steadily through 2034, with commercial gardening tools and online sales channels leading, supported by urbanization, DIY gardening trends, and technological advancements.
Check Out More Related Studies Published by Fact.MR:
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https://www.factmr.com/report/3900/lawn-mowers-market
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https://www.factmr.com/report/remote-irrigation-controllers-market
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