Press release
Global Gardening Tools Market to Witness a Rise of US$ 5,380 Mn by 2025
Browse Report Overview @ https://www.persistencemarketresearch.com/market-research/gardening-tools-market.asp
People in developed economies consider home improvement and small maintenance activities as a favorable pastime. For leveraging benefits of changing consumer preferences towards “do it yourself” (DIY) ethics, gardening tool manufacturers are now focusing on the provision of cost-efficient, portable and compact solutions to household users. This trend is witnessing a rapid growth in well urbanized markets as well as in developing economies including Brazil, South Africa, China, and India. This is further expected to pave significant opportunities for growth of the household gardening tools market in the near future.
In terms of volume, North America is estimated to remain the second-most lucrative market for gardening tools. According to the rules and regulations of the U.S. government, community gardens are considered to be an imperative part of the society, which is expected to favor growth of the gardening tools market in North America. In addition, increasing DIY attitude among North American people, and surging availability of different modern-design tools for various garden sizes are other factors fostering the market growth in North America.
However, increasing consumer preference of power tools over hand tools, which offer easy operation and time saving, is estimated to restrain growth of the gardening tools market in North America.
By product type, pruning tools will remain sought-after in the market, with sales estimated to surpass 100,000 ‘000 units by 2025-end. In addition, shears will remain the top-selling product among pruning tools in the global gardening tools market. In terms of volume, other hand tools segment, which includes hoe, trowel, weeder, rake, and pitchfork, is expected to expand at the second-highest 1.4% CAGR through 2025.
Gardening tools will witness largest adoption for residential use, on the back of increasing demand for indoor plants. Demand for gardening tools in commercial use will remain comparatively lower than residential use during the forecast period.
In terms of volume, retail stores will remain the largest sale channel for gardening tools in the global market. In addition, sales of gardening tools through online and distributors will collectively account for around 200,000 ‘000 units by 2025-end, online sales channel being more lucrative than the distributor sales channel.
Key market players identified in PMR’s report include
Stanley Black & Decker, Inc., Fiskars Group, Q.E.P. Co., Inc., Husqvarna Group, FELCO S.A., The Ames Companies, Inc., ANDREAS STIHL AG & Co. KG, CobraHead LLC, Estwing Manufacturing Company, Seymour Midwest, Lasher Tools, Zenport Industries, Bully Tools, Inc., Corporación Patricio Echeverria, Ray Padula Holdings, LLC, Radius Garden, Joseph Bentley Traditional Garden Tools, Garden Tool Company, SNA Europe, Root Assassin Shovel LLC.
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About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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