NEW
YORK, June 25, 2024 /PRNewswire/ -- The
global garden and lawn tools market size is estimated to grow
by USD 3.06 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of 2.38% during the forecast
period.
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report
Market Drivers:
- Smart Gardening: Integration of technology in gardening
practices is fueling growth. Tools like electric mowers and robotic
lawnmowers offer features like automated watering and data-driven
insights, reducing manual labor and appealing to busy
homeowners.
- Home Improvement Focus: Increasing focus on outdoor
living and home improvement is driving demand for various tools
like power equipment, handheld tools, and lighting solutions.
Key Products:
- Lawnmowers (including electric and robotic mowers)
- Power tools (trimmers, edgers, leaf blowers)
- Hand tools (shovels, rakes, spades)
- Garden accessories (lights, hoses, batteries)
Market Challenges:
- Affordability: Rising preference for pre-owned and
rented tools due to the high cost of some new equipment.
- Sustainability Concerns: Demand for eco-friendly and
energy-efficient tools that require less fuel and produce fewer
emissions.
- Competition: Increasing competition from new players in
the market, making it crucial for companies to innovate and offer
high-quality products.
Future Outlook:
The garden and lawn tools market is expected to see continued
growth with a focus on:
- Innovation: Development of new features and
functionalities in smart gardening tools and equipment.
- Sustainability: Introduction of eco-friendly and
energy-efficient tools to meet consumer demand.
- Affordability: Offering a wider range of products at
different price points to cater to various budgets.
- Ease of Use: Designing user-friendly and
easy-to-maintain tools for the growing DIY gardening and lawn care
trend.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Product
-
- Lawnmowers
- Power Tools
- Hand Tools
- Garden Accessories
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio