Global Landscaping Tools Market Analysis & Trends
Landscaping Tools: Market Size. From $ 25. With $ 43 billion in 2020, the global landscaping tool market is projected to reach $ 42. 08 billion by 2028. Based on our analysis, the market is expected to grow at a CAGR of 6.
New York, Aug 25, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of Global Landscaping Tools Market Analysis & Trends – Industry Forecast to 2028 – https://www.reportlinker.com/p06127609/? utm_source = GNW
5% from 2020-2028.
Major trends the market is experiencing include increasing spending on garden tools, the increasing popularity of landscaping in emerging regions, and demographic and geographic suitability.
Global Landscaping Tools Market: Market Dynamics
Numerous countries around the world have switched to an environmentally friendly organic environment by installing urban / indoor gardening in their homes. Therefore, there is scope for these types of customers to increase sales of garden tools such as small hand tools and power tools.
Also, as households become more aware of the need to preserve the environment by improving green coverage, the opportunities for new and emerging players in the landscaping tool market will increase over the forecast period.
On the other hand, the enormous cost of the equipment used to apply the material is likely to narrow profit margins. Additionally, the growing trend towards gardening in kitchens and interiors will continue to fuel the landscaping tool market.
Effects of COVID-19 on landscaping tools
In light of the Covid-19 pandemic, landscaping tool manufacturers have faced challenges such as labor shortages and supply chain disruptions that have resulted in lower sales. However, due to the increase in gardening and landscaping activities, sales of landscaping tools were higher after a few months when the lockdown was lifted in several countries. During the pandemic, many countries saw a growing trend in home gardening. As people started questioning food supply chains, their transparency and food safety, it became a serious concern. Alternatively, people started growing their own fresh produce at home to address these concerns. This will further require the expansion of landscaping tools worldwide.
Lawn mower segment will dominate the market in 2020
The lawn mower segment achieved enormous sales in 2020 and gained in importance in the forecast period. Lawn mowers also have a push handle or a steering wheel with which the device can be driven, moved or rotated in different directions. Lawn mowers are used around the world for chopping, trimming, or mowing areas of grass, gardens and fields, and lawns to ensure that the grass is well manicured and growing at an even, reasonable height. A typical lawn mower uses one or more blades that move or rotate to cut the grass at an even height. Mowers are usually easy to move thanks to the wheels or rollers attached to them.
According to geography
The North America region is a leader in the world market
The North America region is likely to see high demand over the forecast period due to its sweaty and inexpensive profession that provides a starting point and gateway to the conventional economy for immigrants and first-generation Americans. The people in the country rely on a green backyard for good air quality and leisure activities. As a result, most real estate companies invest in improving the world around the property and in expanding the landscape in the area. Hence, geographic and demographic suitability, policy changes, and therefore the use of advanced technologies are the main factors expected to drive the landscaping tools market in North America.
List of key players profiled in the market includes:
• Andreas Stihl AG & Co. KG
• Falcon garden tools
• Fiskars Corporation
• Honda power equipment
• Husqvarna AB
• Makita Corporation
• MTD Products, Inc.
• Robert Bosch GMBH
• Stanley Black & Decker, Inc.
• The Toro Co.
List of regions / countries profiled in the market includes:
• Great Britain
• Rest of Europe
• New Zealand
• Rest of Asia Pacific
• Saudi Arabia
• United Arab Emirates
• Rest of the Middle East
• Rest of Latin America
Rest of the world (RoW)
• South Africa
Read the full report: https://www.reportlinker.com/p06127609/?utm_source=GNW
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