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 equipments are the set of tools designed for the maintenance of vast areas of land with minimal human efforts. Gardening tools are mainly used for trimming the grass for height maintenance and digging the soil. The gardening tool primarily consists of hand tools and power tools. Over the years the power tools are preferred over hand tools as it requires less physical efforts. Gardening equipments are extensively used in the residential and commercial construction industry for the maintenance of backyards, house gardens, lawns, public parks, golf courses, sports fields and land fields. There is extensive application of gardening tools in the agriculture and horticulture industry as well.
Factors affecting the market growth
In this era of modernization, there has been a paradigm shift in the standard of living that has boosted the gardening equipment market in both commercial as well as residential sectors. The attraction of buyers towards the decorative and scenic outlook has increased the demands for gardening equipments in the construction industry involved in the building of residential complexes. Lifestyle modification such as adoption of gardening as an outdoor recreational activity by young as well as older generation especially in the existing pandemic has increased demand for lightweight and easy to use gardening hand tools in the residential sector. The increased awareness of principles of ergonomics focusing on doing the job efficiently in an easier manner without much physical effort has also boosted the market in terms of its application as it has increased the demands of automated gardening tools like automated water splinters, robotic land movers, GPS enabled gardening tools, etc… However, despite these applications, seasonal variations and natural calamities tend to hamper the growth of the gardening equipment market. The high-cost of equipments is also one of the factors responsible for downfall of the market. The cumbersome process involved in the daily maintenance of lawns has reduced the demand for gardening tools as the preference is shifting in the direction of artificial plants.
Among all its applications in various industries, the residential sector contributes to the majority of share in the market owing to the modern house demands. Due to the increasing trend of lawn maintenance, lawn movers hold the maximum sales among all gardening products.
Based on regional analysis, currently, North America accounts for maximum sales of gardening products in the global market. However, the gardening equipment industry is growing very rapidly in the Asia-pacific region.
Current demand & Future potential
In the current market scenario, there exists an immense potential of the growth in the gardening equipment industry due to its surging demands in sport fields and residential complexes due to changing lifestyles. In future the market is expected to rise more rapidly in developing countries like India, China, etc.. Due to the user-friendly interface of mobile gardening apps, automated gardening tools are expected to gain further improved sales in the coming years. The ornamental and graceful ambiance that gardening gives to any place is going to attract the attention of a much larger population and as an impact, there will be inflated demand of the gardening tools in the near future.
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