A robust and tested research methodology underpins this thoroughly scrutinized report
Our robust research methodology has helped us create another insightful and comprehensive report titled ‘Gardening Tools Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’. For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies in the gardening tools market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated with the help of the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global gardening tools market.
By Product Type
By End Use
By Sales Channel
What is this report all about?
The scope of the report on the Gardening Tools Market primarily focuses on the annual demand i.e. sales of hand tools used for gardening application both in terms of volume (units) and value (US$ Mn) considering weighted average prices across the region. Gardening tools are non-power driven tools used to perform pruning, striking, digging, cutting and other operations for garden development activities, both residential and commercial. The report excludes electric and fuel operated power tools used for gardening activities.
What is included in this report?
Introduction: The pertinent market numbers in the global gardening tools market are given along with the CAGR for the forecast period 2017-2025. The introduction also contains an executive summary of this detailed report through which the report audiences can have a cursory glance into this vast market. There is a detailed definition of gardening tools and their various types that define the scope of this report. Besides, the parent market overview of the gardening tools market is also given in the introduction. In addition, the macroeconomic factors influencing the global gardening tools market are discussed in the introduction. After this, the global gardening tools market opportunity analysis is presented.
Regional market analysis and forecast: The regional gardening tools market analysis and forecast comprises this section. An important sub-section consists of the regional market dynamics of the global gardening tools market and highlights the drivers, restraints, opportunities and trends that are applicable in various regions of the global gardening tools market and discusses in detail the factors encouraging the growth of this market as well as the factors hampering the growth of this market. The various trends impacting the global gardening tools market, both long term and short term, are also discussed here.
Competitive landscape: This section comprises information on the leading companies operating in the global gardening tools market. This competition landscape gives a dashboard view of the top companies operating in the global gardening tools market along with their important information and broad strategy adopted to stay as leaders in the global gardening tools market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented.
Global market analysis and forecast: This section presents important information about the market such as the BPS analysis, year-on-year growth rates, absolute dollar opportunity and market attractiveness analysis of the global gardening tools market.
Why should you buy this report?
If you are aiming to enter the global gardening tools market, this report is a comprehensive guide for you and will give you crystal clear insights about this vast and lucrative market. All the major types of gardening tools are covered in this report and information is also given on the important regions of the world where this market is going to boom in the near future and during the forecast period of 2017-2025, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, then this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
The global gardening tools market is estimated to be valued at over US$ 4,200 Mn in 2017 and is estimated to be valued at nearly US$ 5,380 Mn by 2025. The gardening tools market is anticipated to create total incremental opportunity of US$ 1189.8 Mn between 2017 and 2025. The market is expected to register a value CAGR of 2.8% over the forecast period and is anticipated to witness relatively higher value growth in the second half of the forecast period.
Growing preference for gardening tools observed in the DIY market in North America
The rising DIY attitude among people is a factor contributing to the rise of the gardening tools market. The availability of various multipurpose tools with ergonomic designs has led to the rise in demand for gardening tools in North America. As per U.S. government rules and regulations, community garden plots are also considered as an important part of the society, and thus, the use of these gardening tools favors market growth. The availability of modern designed tools for various sizes of gardens facilitates users to opt for different gardening tools. Tightened rules and regulations regarding periodic maintenance of gardens in private and community premises creates preferences for gardening tools in the DIY market.
Home gardening is considered a leisure activity in the Asia Pacific region
Gardening is considered to be a leisure activity; further with increasing consumer spending capability and per capita disposable income, increasing expenditure on leisure activities is expected. People spend time and money on gardening and gardening tools in order to keep up to a standard due to social pressure. Considering the increase in spending on gardening and lawn care, the gardening tool market in APAC has shown favorable demand. People hire professional gardeners and high-end garden tools in order to maintain their gardens. Households growing a small amount of vegetables on roof tops have increased, and this has led to an increase in the use of gardening tools in the APAC market.
Increasing preferences for power tools over hand tools is hampering market growth
End users prefer power tools over hand tools, as they are relatively easy to operate, and also help save on time. Power tools generate extra power for the execution of any task as compared to hand tools. They are used by home and professional gardeners alike to reduce the workload. Power tools provide speed and an advantage of scale; for instance, to cut through a large tree trunk, using a hand saw would be a slow process, whereas, a chainsaw gives the logger the speed and control they need.
Global Gardening Tools Market Attractiveness By Product Type
The pruning tools segment is anticipated to hold almost 32% share of the gardening tools market in 2017 with a CAGR of 2.9%. Though the pruning tools market is expected to generate highest incremental opportunity, the growth rate is comparatively low. The digging tools segment is expected to grow at a stagnant pace creating limited investment opportunities for new players.
Rising demand for urban green spaces is growing in the United States
Simply put, urban green spaces are those spaces in the city that are covered by vegetation or other soft and permeable surfaces. The interest in urban green spaces appears to be growing, and many cities are experimenting with innovative ways in order to bring urban greenery into the cities. Cities are creating greener spaces in order to create more comfortable and environment friendly places to live in. In North America, the interest for urban green spaces appears to be on the rise. Chicago and New York are already at the forefront of urban green space innovation.