Landscaping Tools Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028
The market for landscaping tools was valued at USD 29.44 billion in 2021, and from 2022 to 2028, it is projected to rise at a compound annual growth rate (CAGR) of 5.3%. The market for landscaping equipment on a global scale is anticipated to expand significantly during the next years. A number of variables, including the rising number of residential and commercial construction projects, are predicted to fuel demand for this equipment. The Landscaping Tools Market
for such products is anticipated to rise as
environmental awareness among consumers rises and kitchen and indoor gardening
gain popularity. Profits will be hampered by the expensive equipment, though.
The
impact of COVID-19 on the world has been unprecedented and overwhelming, and
the epidemic has had a beneficial effect on the demand for lawn and garden Landscaping
Tools Market.
Tools used for pruning, lining up, cutting, and maintaining the lawn and garden structure are known as lawn and garden equipment. The increased demand for automated and technologically advanced garden Landscaping Tools Market on golf courses, playgrounds, and residential properties is what led to the development of this equipment.
It is projected that current trends including urban farming, small-space gardening, and others would accelerate market expansion internationally. Additionally, the use of GPS-enabled, remote-control electric lawnmowers and trimmers is making gardening tasks easier, which in turn increased the demand for equipment.
Future
growth is expected to be supported by rising demand for lawn and garden
equipment with contemporary designs. The increased accessibility of recently
developed products is enticing more end users to make investments in the Landscaping Tools Market, improving the
outlook for that market.
Key Players
Makita Corporation,
Andreas Stihl AG & Co. KG, Fiskars Corporation, Husqvarna AB, Falcon Garden
Tools, MTD Products Inc., Honda Power Equipment, Robert Bosch GmbH, The Toro
Co., and Stanley Black & Decker Inc. are a few of the major competitors in
the world market for landscaping tools.
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