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Gardening Tools Market Size

Report ID: GMI11471
Published Date: Sep 2024
Report Format: PDF

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Gardening Tools Market Size

The global gardening tools market was valued at USD 88.8 billion in 2023 and is estimated to grow at a CAGR of 5.5% between 2024 and 2032. The growing trend of self-sufficiency and the desire for organic, home-grown produce boost demand for gardening tools. Rising interest in urban and indoor gardening due to space constraints and lifestyle changes. Tools designed for small spaces and indoor use are increasingly popular.

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The surge in DIY home improvement and outdoor projects, fueled by television shows, online tutorials, and social media, drives demand for a wide range of gardening tools. Integration of smart technology, such as sensors, connectivity features, and automation in tools like robotic lawnmowers and smart irrigation systems. Recognition of gardening as a form of low-impact exercise that improves physical fitness and mental health. Demand for tools tailored to different climates and growing conditions, such as frost protection tools for colder regions or drought-resistant irrigation systems for arid areas.

Gardening Tools Market Report Attributes
Report Attribute	Details
Base Year:	2023
Gardening Tools Market Size in 2023:	USD 88.8 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5.5%
2032 Value Projection:	USD 143.1 Billion
Historical Data for:	2021 - 2023
No. of Pages:	487
Tables, Charts & Figures:	428
Segments covered:	Product Type, Price Range, End-use, Distribution Channel, Region
Growth Drivers:	Increasing gardening activities Health and wellness awareness Advancements in technology Rapid urbanization
Pitfalls & Challenges:	Product quality and durability issues Supply chain and manufacturing disruptions

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Tools with poor quality or insufficient durability can lead to frequent replacements, affecting customer satisfaction and brand reputation. The market is susceptible to counterfeit or substandard products, which can undermine trust and impact genuine manufacturers. Fluctuations in the availability and cost of raw materials, such as metals and plastics, can disrupt production and increase costs. Issues such as shipping delays, tariffs, and geopolitical tensions can impact the timely delivery of products to markets.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global gardening tools industry was valued at USD 88.8 billion in 2023 and is estimated to grow at a CAGR of 5.5% from 2023 to 2032, driven by increasing interest in home-grown organic produce and the rising popularity of urban and indoor gardening.

In 2023, the power tools segment held the dominant share of USD 4 billion. Power tools like lawnmowers, hedge trimmers, and leaf blowers are popular for increasing gardening efficiency, especially with innovations in battery-powered and cordless options.

North America held the largest market share, valued at around USD 23.4 billion in 2023. The region's demand is driven by diverse climate conditions, which require tools suited to specific weather challenges like frost-resistant and drought-resistant tools.

The U.S. market is anticipated to grow at a CAGR of 5.9% during the forecast period. This growth is supported by the country’s high disposable income, allowing consumers to invest in high-quality, premium gardening tools.

Key players in the market include Atlas Copco, Bosch, DeWalt, Emerson, Fiskars, Greenworks, Husqvarna, John Deere, Ryobi, and Stihl. These companies are leading the innovation and distribution of gardening tools globally.