Gardening Equipment Market Forecasts to 2030 - Global Analysis By Product Type, By Distribution Channel, End User and By Geography

According to Stratistics MRC, the Global Gardening Equipment Market is accounted for $69.07 billion in 2023 and is expected to reach $115.35 billion by 2030 growing at a CAGR of 7.6% during the forecast period. Gardening equipment encompasses tools and machinery used for cultivating, maintaining, and beautifying gardens and landscapes. These include hand tools like shovels, rakes, and pruning shears, as well as power tools such as lawn mowers, trimmers, and leaf blowers. Gardening equipment facilitates tasks such as planting, watering, weeding, trimming, and lawn care, enhancing the efficiency and enjoyment of gardening activities.

Market Dynamics:

Driver:

Increasing interest in gardening and landscaping activities

The increasing interest in gardening and landscaping activities serves as a significant driver in the gardening equipment market. This trend is fueled by a growing appreciation for outdoor leisure pursuits and a desire to enhance living spaces. As people seek to reconnect with nature and beautify their surroundings, there's a rising demand for gardening tools and equipment to facilitate these activities. Additionally, gardening is increasingly recognized for its therapeutic benefits, further motivating individuals to invest in gardening equipment to create and maintain green spaces.

Restraint:

Seasonal demand fluctuations impacting sales

Demand for gardening tools and equipment tends to fluctuate based on seasonal factors such as weather conditions and gardening seasons. During peak seasons like spring and summer, sales may surge as people engage in gardening activities, while demand may decline during the colder months. This seasonal variability can lead to challenges in inventory management, production planning, and revenue forecasting for manufacturers and retailers, affecting overall sales and profitability in the industry.

Opportunity:

Expansion of urban gardening and community gardening initiatives

As urbanization continues, there is a growing trend towards utilizing limited urban spaces for gardening and green initiatives. This creates a heightened demand for gardening equipment tailored to urban environments, such as compact tools, vertical gardening solutions, and innovative irrigation systems. Manufacturers and retailers can capitalize on this trend by offering specialized products catering to the unique needs of urban and community gardeners, thereby driving market growth and expansion.

Threat:

Intense competition among market players

Fierce competition often leads to price wars, resulting in lower profit margins for companies. This can also compromise product quality, as companies may cut corners to reduce costs. Additionally, competing firms may engage in aggressive marketing tactics, making it challenging for smaller players to establish their presence in the market. Moreover, larger companies with extensive resources may dominate shelf space in retail outlets, limiting the visibility of smaller brands.

Covid-19 Impact:

The COVID-19 pandemic has positively impacted the gardening equipment market as people spent more time at home and turned to gardening as a recreational activity. Increased interest in home gardening led to a higher demand for gardening tools, equipment, and supplies. Additionally, lockdown measures prompted a surge in online sales of gardening products as consumers sought convenient ways to access essential gardening items while staying safe at home.

The power tools segment is expected to be the largest during the forecast period

In the gardening equipment market, the power tools segment is anticipated to dominate during the forecast period. Power tools offer efficiency and convenience, making tasks like trimming, pruning, and cutting easier and faster for both homeowners and professional landscapers. Additionally, technological advancements have led to the development of more powerful and versatile power tools, further driving their adoption. As consumers increasingly prioritize convenience and productivity, the demand for power tools in gardening applications is expected to remain robust.

The online retailers segment is expected to have the highest CAGR during the forecast period

The online retailers segment is projected to experience the highest growth rate during the forecast period in the gardening equipment market due to several factors. These include the convenience and accessibility offered by online platforms, which appeal to consumers seeking hassle-free purchasing experiences. Additionally, the proliferation of e-commerce channels provides a wider reach for gardening equipment manufacturers, enabling them to tap into new markets and target a broader audience, thus driving growth in online sales.

Region with largest share:

The North American region is positioned to dominate the gardening equipment market during the forecast period. The region's large population, a high disposable income, a strong culture of gardening and landscaping, and favorable climatic conditions conducive to outdoor activities are the main factors promoting growth. Additionally, robust distribution networks, an extensive retail presence, and advanced technological infrastructure further bolster the market's growth in North America, making it the primary contributor to the gardening equipment market's revenue.

Region with highest CAGR:

Asia Pacific is poised for substantial growth in the gardening equipment market due to rising disposable incomes, urbanization, and changing lifestyles that are driving increased interest in gardening activities across the region. Additionally, growing awareness of the health benefits associated with gardening is fueling demand for gardening equipment. Furthermore, government initiatives promoting green spaces and sustainable living further contribute to market growth. The region's large population presents a vast consumer base, offering significant opportunities for market expansion.

Key players in the market

Some of the key players in Gardening Equipment Market include Alamo Group Inc., Ariens Company, Blount International Inc., Briggs and Stratton Corp., Deere & Company, Estwing Manufacturing Company Inc., Falcon Garden Tools, FELCO SA, Fiskars, Honda Motor Co., Ltd., Husqvarna Group, Kubota Corporation, MTD Products Inc., Robert Bosch GmbH, Robomow, Stanley Black & Decker, Inc., STIHL Group, The Ames Companies Inc. and The Toro Company.

Key Developments:

In April 2023, FELCO, a leading manufacturer of horticultural and pruning tools, released a new line of gardening hand tools designed for both professional landscapers and home gardeners.

In June 2022, Husqvarna launched Ceora, a revolutionary self-propelled lawnmower. The Husqvarna Automower Connect app is used to link the battery-operated mower. A triangulated communication signal is sent to the reference station by Ceora to communicate its position.

Product Types Covered:

• Hand Tools
• Power Tools
• Irrigation Systems
• Other Product Types

Distribution Channels Covered:

• Online retailers
• Hardware Stores
• Home Improvement Stores
• Specialty Stores
• Other Distribution Channels

End Users Covered:

• Residential
• Commercial

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances