Global Garden Tools Market to grow at a CAGR of 4.97% during the period 2017-2021

Market Research analysts forecast the global garden tools market to grow at a CAGR of 4.97% during the period 2017-2021.

According to the report, in the coming years, the demand for garden and lawn tools will increase with the need for maintaining the increasing number of golf courses, parks, and public gardens. Public parks and gardens constitute a major application segment of the garden and lawn tools space. Different types of garden and lawn tools such as power lawn mowers are used in many government properties, parks, schools, and roads for landscaping purposes. Products such as zero-turn mowers are used to maintain highway medians and public areas.

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Further, the report states that artificial grass turfs have been gaining rapid popularity in recent years. Artificial lawns are made of porous latex matting that helps in fast drainage and in retaining the color and shape for over a decade. Also, artificial grass turfs do not require mowing, fertilizers, and watering like natural grass. Therefore, artificial grass turfs are preferred as a money-saver option by many.

About Garden Tools

With the recovery of the global economy, the spending on garden and lawn care equipment has received a boost. This trend is expected to gain momentum during the forecast period with a growing demand for landscaping and higher disposable income in developed regions. Moreover, consumers who postponed replacing their outdated equipment owing to the recession of 2008-2009, have now started looking for new equipment with better and advanced features, which will again aid in the growth of the market.

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The report covers the present scenario and the growth prospects of the global garden tools market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of garden tools.

The market is divided into the following segments based on geography:
Europe
North America
ROW

Global Garden Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Husqvarna
MTD
Robert Bosch
STIHL
The Toro Company

Other prominent vendors
Stanley Black & Decker
Home Depot Product Authority
Makita U.S.A.
Emak
Blount International
American Honda Motor
Deere & Company

Market driver
Gardening for backyard beautification and as a hobby
For a full, detailed list, view our report

Market challenge
Growing popularity of synthetic grass and sports turf
For a full, detailed list, view our report

Market trend
Growing popularity of ergonomic designs and multipurpose tools
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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