Garden And Lawn Tools Market to grow by USD 3064.3 million between 2024-2028
According to a research report “ Garden And Lawn Tools Market” by End-user (Residential, Commercial) Product (Lawnmowers, Power tools, Hand tools, Garden accessories) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 3064.3 million at a CAGR of 2.38% during the forecast period. The global garden and lawn tools market is experiencing significant growth due to the influx of new product launches. Vendors are introducing innovative variants with enhanced features to cater to end-users, offering cost-saving benefits. New product introductions serve to boost sales and expand market share. For instance, The Toro Company's February 2023 launch of the Toro eHoverPro slope mower for golf course greens exemplifies this trend. This continuous availability of new products is expected to stimulate demand and fuel market expansion throughout the forecast period..
Browse market data tables, figures, and in-depth TOC on “Garden And Lawn Tools Market” by End-user (Residential, Commercial) Product (Lawnmowers, Power tools, Hand tools, Garden accessories) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.
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By End-user, the Residential segment is projected to dominate the market size in 2024.
In the garden and lawn tools market, lawnmowers hold a significant market share due to their versatility and effectiveness in maintaining healthy and pest-free lawns. These cutting-edge machines offer numerous benefits, including debris removal and minimizing grass accumulation. Notable vendors in this sector include Husqvarna, Stanley Black and Decker, Robert Bosch, and MTD Products Inc., who cater to both small and large lawns with their extensive product offerings. Lawnmowers may carry a higher price tag compared to other tools, but their advantages make them a worthwhile investment for lawn and garden care.
By Product, Lawnmowers segment is expected to hold the largest market size for the year 2024.
In the garden and lawn tools market, the residential segment is experiencing significant growth due to homeowners' expanding green spaces. This trend is driving up demand for these tools, leading vendors such as Deere & Co. to broaden their product offerings in this sector. By catering to this market segment, vendors are poised to accelerate market expansion during the forecast period. Grass lawns offer numerous benefits, including temperature regulation and improved air quality, making them a desirable home improvement.
North America is forecasted to hold the largest market size by region in 2024.
The Garden and Lawn Tools Market represents a significant business sector, characterized by continuous growth and innovation. Key players in this industry focus on manufacturing and distributing a diverse range of tools, catering to both residential and commercial clients. These tools include lawn mowers, hedge trimmers, leaf blowers, and various other garden equipment. Market trends reflect an increasing demand for eco-friendly, energy-efficient, and smart tools, driving companies to invest in research and development. Competitive dynamics are shaped by factors such as product quality, pricing strategies, and distribution networks.
The Garden And Lawn Tools Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Garden and Lawn Tools market encompasses a wide range of equipment designed for outdoor spaces maintenance. This market includes lightweight and ergonomic tools such as handheld motor tools like leaf blowers, trimmers, and technologically sophisticated lawnmowers. The growing season calls for the use of battery-powered tools, which are increasingly popular due to their energy efficiency and eco-friendliness. Millennials are driving the demand for energy-efficient gardening equipment, leading to an increase in the sales of battery-powered tools. The market also caters to the agricultural sector with tools like irrigation systems, chainsaws, hedge trimmers, and lawnmowers. Electric tools and hand tools are essential gardening and horticultural equipment, while garden tools and horticultural tools are indispensable for planting and maintaining gardens. The market is expanding with the advent of internet purchasing, making it easier for consumers to access a vast array of garden and lawn tools from the comfort of their homes. In summary, the Garden and Lawn Tools market offers a diverse range of equipment for outdoor spaces maintenance, catering to both residential and commercial needs, and is continuously evolving to meet the changing demands of consumers.
Market Research Overview
The Garden and Lawn Tools market encompasses a wide range of hand tools and power instruments used by professional architects and landscapers for DIY projects and single-family construction investment. Key products include foldable shovels, rakes, forks, hoes, weeders, striking tools, pruners, spades, and augers. Technologically sophisticated equipment, such as battery-based tools like leaf blowers, trimmers, and handheld motor tools, are increasingly popular due to their energy efficiency and eco-friendliness. The lawnmower sector also sees significant growth, with portable power tools and wheeled implements becoming increasingly common. Water equipment, such as irrigation systems and hydroponic systems, are also essential for maintaining outdoor spaces during the growing season. Repair services for traditional manual tools and power tools are also in demand. The cost of goods for OEMs producing these tools can be influenced by factors like Li-ion battery costs, semiconductors, and gas-powered gardening tools. Millennials are driving the trend towards energy-efficient and eco-friendly gardening practices, leading to increased demand for lightweight and ergonomic equipment.
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