Gardening Equipment Market Expected To Reach USD 102.3 Billion By 2025

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Gardening Equipment Market Expected To Reach USD
102.3 Billion By 2025
The global gardening equipment market is expected to reach USD 102.3 billion by 2025, according to a
new report by Grand View Research, Inc. Mounting investments in the novel gardening tools to replace
the old equipment is expected to be a major factor spurring market growth. The rising housing activity
capacity to meet the ever growing population's demand is estimated to act as a key driver augmenting
growth. Never the less, the seasonal variation witnessed by the manufacturers is estimated to challenge
the industry over the near future.
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The global gardening equipment market is anticipated to witness high growth over the forecast period.
This may be accredited to the advent of technologically advanced products such as battery powered hand
tools and robotic lawnmowers. Further, remote controlled and GPS-equipped lawnmowers are expected
to gain traction in the near future, thereby spurring equipment sales. The rising espousal of gardening as
a hobby is expected to further catapult equipment market growth over the next nine years.
Further Key Findings from the Study Suggest:
 The lawnmowers segment captured over 30% of the total revenue in 2015 and is projected to
exhibit a significant growth at a CAGR of over 4.0% from 2016 to 2025, which is attributed to
their extensive usage in the commercial complexes such as shopping centers, hospitals,
churches and public parks.
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
On account of the wide scope of purposes gardening equipment serve in trimming, cutting and
shaping the plants & shrubs at the residential complexes, the residential segment is expected to
gain prominence over the forecast period with an estimated CAGR exceeding2.0%.

Asia Pacific emerged as the fastest growing market and is expected to grow at a healthy
compound annual growth rate of over 3.0%, which is primarily due to the improved social
lifestyle of the escalating base of wealthy middle-class population in the region.
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Gardening Equipment Market Split by Product, End-Use and Region:
By Product
 Hand Tools
 Lawnmowers
 Trimmers & Edgers
 Water Management Equipment
By End-Use
 Residential
 Commercial
By Region
 North America
 Europe
 APAC
 LATAM
 MEA
Key players in industry:
The key purveyors in this industry comprise Deere & Company, Toro, Bosch Power Tools, MTD Products,
Honda and Husqvarna Group, as the international players hold a strong foothold in the market making it
difficult for the local suppliers to compete.
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The global gardening equipment market is expected to reach USD 102.3 billion by 2025