The growing demand for gardens in the residential constructions is primarily contributing to the expansion of the gardening tools market. City planners along with real estate agents are escalating the sales of these tools as the consumers are willing to pay extra for the garden area.
The growing trend of owning a vertical garden in urban areas is also bolstering the market growth. Such vertical gardens are highly popular for their ability to enhance the aesthetics along with the property to adjust to the temperature. Gardens in different educational institutions such as schools encouraged by the government initiatives form a major end-use of these tools, significantly escalating the market revenue.
The inclusion of gardening in the school curriculum as an activity is highlighting the importance of the garden and its tools. Increasing inclination towards the home garden on the back of low-cost and high nutrition produce is introducing technological advancements in the market.
Besides retail and distributor channels, online channels have emerged as significant distribution channels in the market. Europe along with North America is expected to lead the market growth in the coming years. Prominent market players profiled in the global gardening tools market are Lasher Tools, Fiskars Group, Stanley Black & Decker, Inc., Andreas STIHL, and The Ames Companies, Inc.
Real estate agents and city planners are experiencing increased demand for landscaping in residential as well as commercial areas. Nearly 60% of people tend to pay additional an amounts for a residential space or an apartment with a gardening area. Thus, the demand for landscaping is on the rise to provide an aesthetic appeal to commercial and residential properties.
Furthermore, landscaping adds to the resale value of a building, and speeds up its sale. Other benefits would be, adding plants indoors to improve and air quality, restoring native plants to residential landscapes, efficient waste removal by creating residential composting systems, and for using plants as a food source within the residence.
Find Out More about the Report Coverage
- Stanley Black & Decker, Inc.
- Fiskars Group
- Q.E.P. Co., Inc.
- Husqvarna Group
- FELCO S.A.
- The Ames Companies, Inc.
- ANDREAS STIHL AG & Co. KG
- ARS Corporation
- Estwing Manufacturing Company
- Seymour Midwest Llc
- Lasher Tools
- Zenport Industries
- Bully Tools, Inc.
- Corporación Patricio Echeverria
- Ray Padula Holdings, LLC
- Radius Garden
- Joseph Bentley Traditional Garden Tools
- Garden Tool Company
- SNA Europe
- Root Assassin Shovel LLC
Environmental Initiatives by Institutions to Promote Gardening
As environmental concerns are broadened, and nutrition problems increase, governments and development partners are widely promoting the potential of school gardening. School gardens are cultivated areas around or near schools; they mainly produce vegetables and fruits.
Around 12,000 schools and other educational institutions have signed up to develop school gardens. Gardening, as a subject, has also been added to school curriculums in order to promote the activity. The RHS campaign in Europe provides support and encourages institutions to promote school gardening.
Schools such as Cambridge Primary, Milford Pre-School, etc., have registered for school gardening campaigns, and companies such as Fisker Inc., Husqvarna Group, and others develop gardening tools that are especially designed for children.
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Growing Demand for Vertical Gardening
The demand for vertical gardening is growing in urban areas, where there is less space to perform gardening activities. This, in turn, is increasing the demand for gardening tools. This doesn’t only provide spectacular beauty, but also helps enlivening the ambiance.
It also lowers indoor and outdoor temperature. Vertical gardening is suitable for cities, as it allows improved aesthetics of the area. This eventually is projected to lead to the growth of the gardening tools market over the forecast period.
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Increasing Eagerness to Develop Gardens at Home
Communities around the country are inclining toward home gardening as a way to increase nutritious and low-cost produce. In changing demographics and technological advancements, home gardening can be adopted as a viable alternative to traditional agriculture. In home gardening, food is produced without soil sterility or pest problems.
Other than gardening at home, institutions are promoting gardening in schools and other commercial areas in urban cities, and companies such as Lasher Tools, The AMES Companies, Inc., and Joseph Bentley Traditional Garden Tools are focusing on developing products for home-based gardeners, leading to the growth of the global gardening tools market.
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Gardening Tools Market Structure Analysis
The gardening tools market is highly fragmented, mainly at the manufacturer level. Prominent market players are concentrating on mergers & acquisitions and collaborations with regional companies. Also, emerging players in the gardening tools market are focusing on product launches as a strategic trend. Fiskars Group, Andreas STIHL, AG, Lasher Tools, The Ames Companies, Inc., and Stanley Black & Decker, Inc. are key players collectively representing a prominent market share in the global gardening tools market.
Analysts’ Viewpoint of Gardening Tools Market
The global gardening tools market is expected to reach US$ 4.5 Bn by the end of 2019, progressing at a significant CAGR of 3.0% during 2019-2029. Europe and North America are anticipated to account for prominent value shares in the global market. The shears & pruning tools segment is expected to dominate the global gardening tools market throughout the forecast period.
Key Segments of Gardening Tools Market
PMR’s study on the gardening tools market is divided into four significant segments - product, end use, sales channel, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.
Key Questions Answered in PMR’s Gardening Tools Market Report
- Which regions will continue to remain the most profitable markets for gardening tools market players?
- Which factors are anticipated to induce changes in the demand for gardening tools during the assessment period?
- How will changing trends impact the gardening tools market?
- How can gardening tools market players leverage opportunities in developed regions?
- Which companies are leading the gardening tools market?
- What are winning strategies used by key players to improve their position in the gardening tools market?