Gardening Equipment Market

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Sales Of Gardening Equipment Is Propelling By Growing Inclination Towards Gardening As A Leisure Activity

The global Gardening Equipment Market is now estimated to be worth US$ 97 billion and is forecast to develop at a CAGR of 6% between 2021 and 2031.According to Fact.MR’s research analysis on gardening equipment, top suppliers include TheAmes Companies Inc., Estwing Manufacturing Company Inc.,Alamo Group Inc., Briggs and Stratton Corp., TheToro Co., Kubota Corp., and Robert Bosch GMBH, and collectively accounted for close to 50% of global revenue in 2020.

Technological developments in the sector can be attributable to the increase in demand and sales. Lawnmowers, lawn aerators, and power tools are examples of gardening equipment that run on electricity or fuel, and hence buyers demand efficiency. Sales are likely to rise due to an increase in outside activities such as sports, horticulture, and recreational activities over the forecast period.

Furthermore, consistent demand from residential and commercial areas, combined with an increase in real estate expenditures, is expected to drive gardening equipment demand at a CAGR of roughly 6% over the next ten years.

Market Players Covered:

Stanley Black & Decker, Inc

Blount International Inc

Robert Bosch GMBH

Deers and Co

TheToro Co

Kubota Corp

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Gardening Equipment Market

Alamo Group Inc

Gardening Equipment Market

Briggs and Stratton Corp

TheAmes Companies Inc

Estwing Manufacturing Company Inc

The residential segment is predicted to contribute the majority of revenue among end uses. This can be ascribed to the world’s growing urban population as well as an increase in high discretionary income. Furthermore, with an ageing population in nations such as the United Kingdom, the United States, and Germany, individuals are spending more time gardening, driving up sales of gardening equipment.

Residential gardening equipment is the most sought-after in the world, accounting for almost 40% of the entire market share.

Key Market Segments Covered

By Product

HandTools

Cape Cod Weeders

Paving Weeders

Fishtail Weeders

Shears and Snips

Lawnmowers andTrimmers

Edger

By End Use

Residential Gardening Equipment

Commercial Gardening Equipment

By Distribution Channel

Online Sales of Gardening Equipment

Retail Sales of Gardening Equipment

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Retail Sales of Gardening Equipment

Gardening Equipment Market

Distributor Sales of Gardening Equipment

The study further identifies major manufacturing trends, technologies that will be commercialized

Key manufacturing trends in end-use industries;

New technologies used in a variety of application areas

Key manufacturing trends in end-use industries

New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic

Country markets that will emerge as hotbeds of opportunity;

Regulatory frameworks that will shape the strategies of key players in key regions in the Gardening Equipment market

Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries

Read More:

https://www factmrcom/report/261/gardening-equipment-market

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Gardening Equipment Market by Akshay Satwaskar - Issuu