What are the main opportunities for gardening equipment manufacturers


The global gardening equipment market is expected to see a promising future in terms of growth as the landscaping industry gains momentum. The commercial and residential sectors experiencing the increasing demand for well-trimmed lawns could significantly contribute to the growth of the global gardening equipment market.

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The need to avoid the growth of weeds in parks, lawns and gardens is expected to increase the demand for gardening equipment. Water sprinklers are widely sold in the global gardening equipment market due to the need to keep gardens cool. So, lawn care could be a powerful growth factor for the global gardening equipment market.

Fact.MR predicts that the global gardening equipment market will grow at a CAGR of 4.2% between 2017 and 2022. The global gardening equipment market may be facing challenges owing to the growing trend in the maintenance of garden plots and houseplants seen in the residential and commercial sectors. However, the penetration of social media, smart devices and smart applications in the global gardening equipment market is expected to create plenty of opportunities in the coming years. In addition, horticulture is considered a commonly adopted leisure activity, especially among the elderly. It could also boost demand in the global gardening equipment market.

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By distribution channel, the authors of the Fact.MR report categorized the global gardening equipment market into distribution sales, retail sales, and online sales. Among these, retail sales are expected to secure a colossal share of the global gardening equipment market. By the latest forecast year, this segment could raise over US $ 14.0 billion. It could be followed by online sales over the next few years. Established players can focus on product innovation to differentiate themselves from local manufacturers. This strategy could also help them achieve a strong position in the global gardening equipment market.

By product type, the global gardening equipment market has been divided into several segments, namely, trimmers and edgers, lawn mowers, shears and shears, hoes, fish tail weeders, paving weeders, cod cap weeders and hand tools. Among these, paving weeders are expected to show faster growth in the global gardening equipment market. This segment could display a higher CAGR during the forecast period. On the other hand, lawn mowers are expected to occupy a considerable share of the global gardening equipment market. They are used more and more due to the growing demand for lawn manicures in the commercial sector. By the end of 2022, they could account for over US $ 7.0 billion in global gardening equipment market share.

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By end use, the global gardening equipment market has been categorized into commercial and residential. Among these, the commercial sector is expected to exhibit dynamic behavior in terms of growth in the global garden equipment market. On the one hand, it might see a decrease in the consumption of gardening equipment, while on the other hand, it is envisaged to create a decent demand in the global gardening equipment market due to the demand for landscaping. landscaping and lawn mowing. Besides showing higher CAGR, its segment could acquire a significant share of the global gardening equipment market. In 2017, it was valued at US $ 18.0 billion.

North America could be an important region in which the gardening equipment market is expected to show impressive growth in the foreseeable future. Asia-Pacific is expected to show faster growth in the global gardening equipment market. Factors such as improving living standards and increasing disposable income of the region’s people could favor the faster rise of Asia-Pacific in the global gardening equipment market. Latin America and MEA are also expected to contribute to the global gardening equipment market.

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Read more trend reports and the like from Fact.MR – https://www.globenewswire.com/en/news-release/2019/10/11/1928654/0/en/Automation-Making-Significant-Strides- in-the -Container-Handling-Equipment-Market-Reveals-Fact-MR.html

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Terri S. Tomasini