The garden and lawn tools market size is forecast to increase by USD 3.06 billion at a CAGR of 2.38% between 2023 and 2028.

 

The market is witnessing significant growth due to several key factors. The increasing popularity of hydroponic gardening techniques and hydroponic systems necessitates the use of specialized tools for pH regulation and fertilizer regulation. Garden tools, such as hand tools and planting tools, are essential for tasks like weeding, digging, and transplanting. 

 

Furthermore, the implementation of water recycling systems and advanced water equipment in these systems boosts the demand for water-efficient tools. In the lawn sector, there is a growing preference for wheeled instruments and portable power tools, particularly lawnmowers, to enhance productivity and efficiency. Additionally, the trend towards sustainable gardening practices and the rising demand for pre-owned and rented garden and lawn tools are expected to create new opportunities in the market.

 

What will be the Size of the Garden And Lawn Tools Market During the Forecast Period?

 

The market encompasses a diverse range of equipment designed to maintain and enhance outdoor spaces. This market caters to various applications, including gardening, landscaping, and agricultural activities. These tools are often manual and come in various sizes and designs to cater to different user needs. Electric tools, including lawnmowers, hedge trimmers, chainsaws, and blowers, have gained popularity due to their efficiency and ease of use. Lawnmowers are a significant segment within the lawn and garden tools market, with technologically sophisticated equipment offering features like adjustable cutting heights and mulching capabilities. Irrigation systems are another essential component of the market. These systems help maintain healthy plants and lawns by providing the necessary water and nutrients. Energy-efficient gardening equipment, including drip irrigation and soaker hoses, is gaining traction as consumers seek eco-friendly solutions. Millennials are driving the demand for garden and lawn tools in the US market. With a growing interest in outdoor spaces and DIY projects, this demographic is investing in equipment to maintain their yards and gardens.

 

Moreover, the growing season, which lasts from spring to fall, is the peak period for gardening activities, leading to increased sales of garden and lawn tools. Internet purchasing has become a popular trend in the market. Consumers can easily research and compare products online, making it convenient to find the best deals and features. Battery-powered tools, such as handheld motor tools and portable power tools, are increasingly popular due to their versatility and reduced emissions. Ergonomic equipment and lightweight designs are essential considerations for garden and lawn tools. Consumers prefer tools that are comfortable to use and easy to maneuver, especially for extended periods.

 

Li-ion battery costs have decreased in recent years, making battery-powered tools a more affordable option for many consumers. In conclusion, the market is a dynamic and evolving industry, driven by consumer preferences for eco-friendly, energy-efficient, and technologically advanced equipment. Understanding these trends and insights can help businesses stay competitive and meet the demands of their customers.

 

How is this market segmented and which is the largest segment?

 

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

 

End-user

Residential

Commercial

Product

Lawnmowers

Power tools

Hand tools

Garden accessories

Geography

North America

      US

Europe

      Germany

       UK

       France

APAC

              China

South America

Middle East and Africa

 

By End-user Insights

 

The residential segment is estimated to witness significant growth during the forecast period.

 

The market caters to equipment used for maintaining and enhancing residential landscapes. Homeowners prioritize having grass lawns over cement and bare soil due to their cooling effect and contribution to fresher air. Consequently, the expansion of garden and lawn spaces is driving market growth. companies, including Deere & Co., are broadening their product offerings to cater to this trend. Technologically advanced, handheld motor tools such as trimmers and leaf blowers, ergonomic and lightweight equipment, and handled tools and short-hand tools are popular choices. Some companies are also focusing on Li-ion battery-powered equipment to reduce costs and improve efficiency. The increasing demand for residential-grade garden and lawn tools is expected to propel market expansion throughout the forecast period.

 

 

The residential segment was valued at USD 13.37 billion in 2018 and showed a gradual increase during the forecast period.

 

Regional Analysis

 

North America is estimated to contribute 43% to the growth of the global market during the forecast period.

 

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

 

 

In the United States, the market for garden and lawn tools is experiencing significant growth due to the rising trend of gardening and the increasing number of households engaging in home food production. Gardening has become a popular hobby for Americans, with many seeking to create beautiful landscapes and sustainable gardens. To support this growing industry, various associations in the region are focusing on promoting sustainable landscapes and educating homeowners and professional gardeners about the latest gardening techniques and tools. One such organization is the Landscape Architecture Canada Foundation (LACF), which aims to increase consumer adoption of landscape architecture through research and communication.

 

Moreover, this, in turn, is expected to boost the demand for gardening tools and equipment, including hand tools, electric tools, and garden equipment such as lawnmowers and hedge trimmers. Moreover, the availability of a wide range of gardening tools catering to different gardening needs and preferences is further fueling the market growth. With the increasing awareness of the health benefits of gardening and the desire to create attractive outdoor spaces, the market for garden and lawn tools in the US is expected to witness steady growth during the forecast period.

 

Market Dynamics

 

Our garden and lawn tools market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

 

What are the key market drivers leading to the rise in adoption of Garden And Lawn Tools Market?

 

Increasing number of product launches is the key driver of the market.

 

The market is experiencing significant growth due to the continuous introduction of innovative products. companies are focusing on enhancing their offerings by integrating advanced features and catering to eco-friendly gardening practices. For instance, the increasing popularity of energy-efficient gardening equipment, such as battery-powered chainsaws and blowers, is driving demand in the market.

 

Furthermore, the growing trend of millennials investing in outdoor spaces during the growing season is creating a larger consumer base for garden and lawn tools. The convenience of internet purchasing and the availability of various options have made it easier for end-users to invest in these tools. The Toro Company's recent launch of the eHoverPro slope mower for golf course greens is a testament to the continuous innovation in the market. The availability of new and advanced products is expected to attract more consumers, thereby fueling the growth of The market.

 

What are the market trends shaping the Garden And Lawn Tools Market?

 

Rising demand for smart gardening is the upcoming trend in the market.

 

In the realm of modern gardening, the integration of smart technology is transforming traditional practices. This shift towards intelligent gardening solutions enables users to optimize plant care through real-time monitoring and automated intervention. With features like pH and fertilizer regulation, water recycling, and weather data, these advanced systems streamline the gardening process. companies are responding to this trend by introducing innovative tools.

 

For example, in February 2022, The Toro Company unveiled its new all-electric mower, the Greensmaster e1021, catering to the hydroponic system sector. This tool, along with other water equipment and lawnmower hand tools, enhances the functionality of smart gardening systems. By providing precise control over gardening conditions, these tools contribute to the growth of the market. Smart gardening practices, facilitated by hydroponic systems and advanced tools, are gaining popularity due to their convenience and efficiency. End-users can now receive alerts for necessary water and nutrient additions, ensuring optimal plant health. This trend is expected to continue, driving the demand for smart gardening tools in the upcoming years.

 

What challenges does Garden And Lawn Tools Market face during the growth?

 

Rising preference for pre-used and rented garden and lawn tools is a key challenge affecting the market growth.

 

companies in the international market are working on enhancing the functionality of their products. Nevertheless, not every consumer is prepared to invest in the latest garden and lawn tools. Some consumers opt for economical alternatives. They may choose to acquire second-hand garden and lawn tools, which are more affordable than brand-new items. Advertisements in print media can provide information on the availability of these pre-owned tools. Additionally, various online platforms, such as Gumtree.Com Ltd. (Gumtree) and eBay Inc. (eBay), offer second-hand garden and lawn tools for purchase. Repair shops are another source for acquiring pre-owned tools. The cost-conscious consumer base represents a significant portion of the market.

 

Moreover, Semiconductors and lithium-ion batteries are increasingly being integrated into gas-powered gardening tools to make them more efficient. Original Equipment Manufacturers (OEMs) are also focusing on reducing the cost of goods to cater to this consumer segment. The single-family construction expenditure in the US is a key driver for the demand for garden and lawn tools. Power tools and traditional manual tools coexist in the market, with power tools gaining popularity due to their time-saving benefits. Repair services are essential for maintaining the longevity of both types of tools.

 

Exclusive Customer Landscape

 

The garden and lawn tools market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 

 

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The garden and lawn tools market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

 

Corona Inc.

Deere and Co.

Emak Spa

Excel Industries Inc.

GREEN WALKER GARDEN PRODUCTS CO. LTD.

Greenworks Tools

Hebei Sinotools Industrial Co. LTD

Honda Motor Co. Ltd.

Husqvarna AB

KisanKraft Ltd.

Lavanya International

Makita USA Inc.

MTD Products Inc.

Spear and Jackson

Oregon Tool Inc.

Rhinoceros Manufacturing (Zhongshan) Ltd.

Robert Bosch GmbH

Stanley Black and Decker Inc.

The AMES Companies Inc.

 

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

 

Research Analyst Overview

 

Gardening and lawn care have become essential aspects of outdoor living, driving the demand for various tools and equipment. Gardening tools encompass a wide range of products, including planting tools, hand tools, electric tools, and garden equipment. Hand tools such as spades, shovels, pruners, and forks remain popular choices for both amateur and professional gardeners. However, technologically sophisticated equipment like battery-powered tools, hydroponic systems, and irrigation systems are gaining traction. Millennials are leading the trend towards eco-friendly and energy-efficient gardening practices, favoring battery-powered tools over gas-powered alternatives. The lawnmower sector is witnessing significant growth, with an increasing preference for lightweight, ergonomic, and technologically advanced equipment like handheld motor tools, trimmers, and leaf blowers.