Market Overview
Garden tools are a set of equipment used for the daily care and maintenance of household and commercial garden spaces. The garden tools can be both manually driven and power-driven, ranging from digging tools such as spades and shovels, cutting tools such as shears and pruners, to planting equipment such as trowels.
Market Dynamics
The increasing product demand for maintenance of garden spaces in residential buildings and educational institutes and rising product incorporation in public places and commercial sports complexes maintained by government authorities are the primary factors driving the market growth. The growing efforts of gardening in open spaces of residential houses and educational institutes would play a vital role as one of the primary factors to boost the sale of garden tools during the forecast period. Several of the apartments and living quarters in small-scale towns and rural areas also indulge in the raising of graceful green lawns and pitches in interior balconies and backyard areas. The garden tools serve as an essential part of all equipment and machinery usually procured to maintain public parks and sports complexes owned by government authorities. The precise trimming of grass requires mechanical intervention and minute accuracy for an improvement in overall uniformity in grass size. All such efforts necessitate the procurement and incorporation of garden tools for the care of trees and shrubs, bolstering the demand for products and propelling the growth of the market. However, fragmented product pricing and lack of standardization in product features might hamper the market growth. The incremental increase in environmental awareness and piqued product interest among amateur hobbyists would provide lucrative opportunities for the market in the coming years. The demand for garden tools, among such a burgeoning customer base, would provide manufacturers with new opportunities for product application and business expansion initiatives during the forecast period.
Market Segmentation
The global Garden Tools market is mainly classified based on Type and Application. Type is segmented into Lawn Mower, Trimmer, Chain Saw, Blower, Snow Shovel, and Others. By Application, the market is divided into Commercial and Household.
The Lawn Mower segment by Type holds a substantial market share in terms of value owing to the power-driven, easy-to-use features of the lawn mower in helping consumers prune the grass to required lengths and maintain their lawn spaces. The less time taken by lawn mowers for the cutting of grass and other overall gardening purposes would further serve the interests of individuals who indulge in busy urban lifestyles, boosting segment growth.
In terms of Application, the Household segment is poised to register a robust CAGR of 4.5% during 2020-2026. The increased public awareness about green cultivation in residential settings for improved protection against heat & pollution has steered many individuals to indulge in household gardening practices, bolstering the demand for garden tools and growth of the segment in the coming years.
Regional Analysis
Based on geography, the global Garden Tools market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided into the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America. At the same time, Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
North America is a prominent region and accounts for a substantial share in terms of overall market value. The rising establishment of garden spaces in federal buildings and institutes has spurred a growing demand for garden tools, as the formation of greenery initiatives in government buildings influences individual households to follow suit.
Competitive landscape
The Garden Tools market is highly fragmented, with several global and regional market vendors operating in the evolving market scenario with expansive product portfolios and extensive product distribution networks. The ability of local manufacturers to provide garden tools at competitive prices and quick product delivery networks have further intensified the market competitiveness.
Key players operating in the Garden Tools industry include Deere & Company, Honda Motor Co., Ltd., Robert Bosch Power Tools GmbH, Husqvarna AB, The Toro Company, Stanley Black & Decker, Inc., MTD Products Inc., Fiskars Oyj, Blount International Inc., Emak S.p.A., Ariens Company, Victa Lawncare Pty Ltd., Kubota Corporation, Makita Corporation, Andreas Stihl AG & Company KG, and Worx Tools Corporate.
The extension in manufacturing capabilities for improved product yield and expansion of business capabilities through strategic partnerships are the primarily followed business strategies of the top vendors seeking to capture substantial market share during the forecast period.
Garden Tools Market Key Segments:
By Type
- Lawn Mower
- Trimmer
- Chain Saw
- Blower
- Snow Shovel
- Others
By Application
- Commercial
- Household
Key Global Garden Tools Industry Players
- Deere & Company
- Honda Motor Co., Ltd.
- Robert Bosch Power Tools GmbH
- Husqvarna AB
- The Toro Company
- Stanley Black & Decker, Inc.
- MTD Products Inc.
- Fiskars Oyj
- Blount International Inc.
- Emak S.p.A.
- Ariens Company
- Victa Lawncare Pty Ltd.
- Kubota Corporation
- Makita Corporation
- Andreas Stihl AG & Company KG
- Worx Tools Corporate
What Report Provides
- Full in-depth analysis of the parent Industry
- Important changes in market and its dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional growth potential