Market Overview
Gardening Tools Market is projected to be valued at USD 105.53 Billion by 2027, registering a CAGR of 4.2% from 2021 to 2027. Gardening tools can be divided into hand tools and power tools. They consist of lawnmowers, turf and grounds equipment, trimmers and edgers, shears, pruners, hammers, spades, and weeders and are used to maintain and beautify gardens or green spaces.
The availability of various multipurpose tools with ergonomic designs has raised the demand for gardening tools for residential and commercial applications. Moreover, due to the rising trend of smart gardening, market vendors are offering innovative products.
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Competitive Landscape
- Stanley Black & Decker, Inc. (US)
- Fiskars Group (Finland)
- Husqvarna AB (Sweden)
- Griffon Corporation (US)
- Andreas Stihl AG & Co. KG (Germany)
- CobraHead LLC (US)
- Lasher Tools (South Africa)
- Zenport Industries (US)
- Bully Tools, Inc. (US)
- Corporacion Patricio Echeverria, S.A. (Spain)
Market Segmentation
The lawnmower segment is expected to register the highest CAGR during the forecast period. The rising demand in commercial applications is driving the growth of the segment. Lawnmowers can be hand pushed, electric, fuel-powered, and battery-powered.
Stringent government regulations for the maintenance of public spaces and gardens are expected to drive the sales of lawnmowers.
Moreover, the introduction of innovative products such as robotic lawnmowers is projected to drive the gardening tools market growth in the coming years.
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Regional Analysis
Hypermarkets and supermarkets to remain a popular choice for gardening tools: Hypermarkets and supermarkets are the preferred choice for purchasing gardening tools and equipment due to the wide availability of brands and product variety at low or discounted prices. Consumers are increasingly shopping at hypermarkets and supermarkets due to their widespread network and convenience.
However, e-commerce portals are gaining popularity due to the ease of home shopping and availability of choices along with attractive offers.
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