Gardening Equipment Market size was estimated at $31,758.3 Million in 2019 and is expected to reach $49,351.2 Million by 2027, growing at a CAGR of 6.5% during the forecast period of 2020 to 2027.
Gardening equipment generally refers to a wide range of tools that are used for gardening purposes. This equipment falls in the range of agriculture and horticulture tools but is different in size majorly due to its portable nature. With metalworking, these tools are produced in plenty to ease the process of gardening for people. For gardening enthusiasts, these tools save a lot of their time and also bring perfection to the job. Trowel, rake, hedge shear, spade etc. are some of the accessible gardening equipment in high demand. Growth Factors and Trends
Residential and commercial construction trends these days include a separate plan for landscaping. Unlike yesteryear period when gardening was limited only to those living in the countryside, now it is an urban habit and hence trending fantastically. There are two distinct subcategories in this market - hand tools and electronic tools. Both have their niche customer group, but the projected growth of electronic tools such as lawnmower and electric hedge trimmer is faster than that of hand tools. The idea of enhanced quality of living includes gardening as one of the most chosen hobbies, and hence the demand for gardening equipment is only set to grow from here on. Considering the current scenario, people are staying indoors, mostly due to the COVID-19 crisis, which is another reason why hand tools and related gardening equipment sales will take a boost. People would now prefer to get the job done by themselves rather than calling for a gardener! The market is estimated to reach its peak by the year 2025 or even before that as there seems to be no negative trend for this particular segment any time soon.