Organic Farming to Propel the Market Growth of Gardening Tools by 2031 End
Gardening Equipment Market Share & Trends Analysis, By Product, By End-Use, By Distribution Channel & By Region Forecast, 2021-2031
DUBLIN, IRELAND, March 15, 2022 /EINPresswire.com/ -- 250 Pages Gardening Tools Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderThe global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable market insights of Gardening Tools. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Gardening Tools Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Gardening Tools market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Gardening Tools
This newly published and insightful report sheds light on Market Insights of Gardening Tools, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Gardening Tools Market.
The global Gardening Tools Market is projected of worth US$ 97 Bn at present and is expected to register growth at a CAGR of 6% throughout 2021-2031 As per Fact.MR’s research analysis on Gardening Tools, top suppliers include The Ames Companies Inc., Estwing Manufacturing Company Inc., Alamo Group Inc., Briggs and Stratton Corp., The Toro Co., Kubota Corp., and Robert Bosch GMBH, and collectively accounted for close to 50% share of global revenue in 2020.
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Key Market Segments Covered
- By Product
Hand Tools
Cape Cod Weeders
Paving Weeders
Fishtail Weeders
Shears and Snips
Lawnmowers and Trimmers
Edger
- By End Use
Residential Gardening Tools
Commercial Gardening Tools
- By Distribution Channel
Online Sales of Gardening Tools
Retail Sales of Gardening Tools
Distributor Sales of Gardening Tools
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Key Takeaways from Market Study
- The Gardening Tools market expanded at 5% CAGR over the past 5 years, and is anticipated to add significant value by 2031.
- Based on product, lawn mowers are expected to capture major market share.
- Among the end uses, the residential sector has been the fastest-growing segment, owing to increasing gardening activities over the past decade.
- North America is set to be the largest market in terms of revenue in 2021, while continuing on the same path right through 2031 to hold ¼ of global market share.
- The market in Western Europe is expected to rise at a high single-digit CAGR through 2031.
- The U.S., Germany, and France are expected to be lucrative markets for manufacturers of Gardening Tools.
- Growth remained significant during the COVID-19 crisis attributed to rise in gardening activities across regions. Short-, medium-, and long-term demand is set to grow at a steady pace.
“Product innovation while keeping changing consumer preferences in mind will aid market growth over the coming years,” says a Fact.MR analyst.
Key Question answered in the survey of Gardening Tools market report:
- What is the valuation of the Gardening Tools market?
Gardening Tools market analysis, revenue is set to be worth US$ 97 Bn in 2021.
- What was the market CAGR for Gardening Tools from 2016 to 2020?
Sales of Gardening Tools experienced moderate growth of nearly 5% CAGR in the past half-a-decade, with East Asia exhibiting the highest CAGR of nearly 7%.
- What is the Gardening Tools demand outlook for the future?
Growing inclination towards gardening as a leisure activity is spurring sales of Gardening Tools across key regions, with the market expected to experience a 6% CAGR through 2031.
- Which are the most lucrative markets for Gardening Tools manufacturers?
The U.K, Germany, France, and the U.S. are markets projected to expand at high CAGRs across the forecast period.
- What are the key trends related to the industry for Gardening Tools?
Rising inclination towards nursery care and ornamental plantation are key trends shaping the Gardening Tools industry.
More Valuable Insights on Gardening Tools Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Gardening Tools, Sales and Demand of Gardening Tools, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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