Gardening Equipment Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Gardening Equipment Market is segmented By Product (Lawn Mowers, Handheld Power Tools, Hand Tools & Wheeled Implements, Water Equipment), By Sales Cha....
Gardening Equipment Market Size
Market Size in USD
CAGR13.7%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 13.7% |
| Market Concentration | High |
| Major Players | Husqvarna Group, Deere & Company, American Honda Motor Co. Inc., Briggs Stratton, Ariens Company |
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Gardening Equipment Market Analysis
The Global Gardening Equipment Market is estimated to be valued at USD 67.9 Bn in 2024 and is expected to reach USD 129.2 Bn by 2031, growing at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031. The market has been experiencing steady growth over the past few years driven by the increasing interest of people in gardening and doing yard work amid the Covid-19 pandemic. The gardening equipment market is expected to witness positive growth trends in the coming years. More people are adopting gardening as a hobby and for relaxation purposes during their free time which is increasing the demand for various gardening tools and equipment. Furthermore, the rising environmental awareness and increasing focus on organic farming will also contribute to the further growth of this market going forward.