Garden Equipment Market Insight: Market Trends, Growth, Forecasted from 2024 TO 2031

Executive Summary

The Garden Equipment Market research reports indicate that the market is witnessing significant growth due to the increasing demand for gardening tools and equipment worldwide. The market is expected to grow at a CAGR of 15% during the forecasted period.

Key market trends driving this growth include a rising trend of urban gardening, growing interest in organic gardening practices, increasing focus on landscaping and outdoor aesthetics, and a rise in DIY gardening projects among consumers. Furthermore, the adoption of advanced technologies in garden equipment such as smart irrigation systems, robotic lawn mowers, and battery-powered tools is also contributing to market growth.

In terms of geographical spread, North America, APAC, Europe, USA, and China are key regions driving the growth of the garden equipment market. North America and Europe dominate the market due to the high disposable income of consumers and a strong emphasis on home improvement and garden maintenance. APAC, USA, and China are emerging markets with a growing interest in gardening activities and outdoor spaces.

In North America, the USA accounts for a significant market share due to the presence of key manufacturers and a large consumer base. In Europe, countries like Germany, France, and the UK are major contributors to the market growth. APAC, particularly China, is witnessing rapid growth in the market due to the increasing urbanization and changing lifestyle preferences of consumers.

Overall, the garden equipment market is experiencing robust growth globally, driven by the increasing focus on outdoor living spaces, growing interest in gardening activities, and the adoption of advanced technologies in garden equipment. The market is poised for further expansion in the coming years, creating opportunities for manufacturers, retailers, and investors in the industry.

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Market Segmentation:

This Garden Equipment Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Garden Equipment Market is segmented into:

• Husqvarna
• Stihl
• John Deere
• MTD
• TORO
• TTI
• Honda
• Blount
• Craftsman
• STIGA SpA
• Briggs & Stratton
• Stanley Black & Decker
• Ariens
• Makita
• Hitachi
• Greenworks
• EMAK
• Yamabiko
• Zomax
• Zhongjian
• Worx

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The Garden Equipment Market Analysis by types is segmented into:

• Lawn Mower
• Chainsaw
• Hedge Trimmers
• Brush Cutters
• Leaf Blowers
• Others

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The Garden Equipment Market Industry Research by Application is segmented into:

• Household Used
• Commercial
• Public Application

In terms of Region, the Garden Equipment Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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Key Drivers and Barriers in the Garden Equipment Market

Key drivers in the garden equipment market include increasing interest in gardening and landscaping, growing trend of outdoor living spaces, and technological advancements in garden tools. However, barriers such as high cost of equipment, lack of awareness about advanced tools, and limited availability of skilled labor are hindering market growth. Additionally, challenges faced in the market include strong competition among key players, fluctuating raw material prices, and stringent regulations related to emissions and noise pollution. Adapting to changing consumer preferences and embracing sustainable practices are crucial for overcoming these challenges in the garden equipment market.

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Competitive Landscape

Husqvarna is a leading player in the garden equipment market, offering a wide range of products including chainsaws, lawn mowers, trimmers, and leaf blowers. The company has a long history dating back to 1689 when it was founded as a rifle factory in Sweden. Over the years, Husqvarna has expanded its product offering and global presence, establishing itself as a trusted brand in the industry.

Stihl is another major player in the garden equipment market, specializing in chainsaws, trimmers, and blowers. The German company has a strong presence in multiple markets worldwide and is known for its high-quality and durable products. Stihl was founded in 1926 and has since grown to become one of the most recognized brands in the industry.

John Deere is a well-known manufacturer of agricultural machinery and equipment, including lawn mowers and tractors. The American company has a long history dating back to 1837 when it was founded by John Deere. Over the years, John Deere has consistently innovated and expanded its product offerings, solidifying its position as a leader in the garden equipment market.

In terms of market size and growth, the global garden equipment market was valued at around $82 billion in 2020 and is expected to grow at a CAGR of % from 2021 to 2028. Some of the key players in the market, including Husqvarna, Stihl, and John Deere, have reported significant sales revenue in recent years. For example, Husqvarna reported sales revenue of around $4.2 billion in 2020, while Stihl reported sales of approximately $4.5 billion. John Deere, on the other hand, reported sales revenue of around $35 billion in the same year. These figures indicate the strong market presence and financial performance of these companies in the garden equipment industry.

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