Landscaping Tools Market Forecasts to 2028 - Global Analysis By Product (Hand Tools, Lawnmowers, Power Tools and Other Landscaping Tools), End User (Commercial and Residential) and By Geography

According to Stratistics MRC, the Global Landscaping Tools Market is accounted for $31.16 billion in 2022 and is expected to reach $47.03 billion by 2028 growing at a CAGR of 7.1% during the forecast period. A landscaping tool is one of many tools designed for gardening and landscaping. Gardening equipment includes a wide range of things intended specifically for gardening and horticulture tasks. These items, which are either manual or power tools, are used to cut, trim, and mow the grass. Landscaping tools come in a variety of sizes and shapes, and they are intended for a variety of activities such as drainage, gardening, and roofing. Gardening or lawn maintenance is a common leisure activity for the elderly, which fuels household demand for landscaping items.

According to the Ministry of Statistics and Program Implementation (MoSPI), the gross value from the kitchen gardens has been increasing every year in India, thus creating an opportunity to increase the sales of landscaping tools in the Indian market.

Market Dynamics:

Driver:

Growing trend of indoor gardening

Indoor/kitchen gardening is the practise of growing vegetables in residential dwellings to meet rising household demands in developed countries. As a result, customer demand for landscape equipment that provides quick and easy gardening solutions has skyrocketed. These landscaping tools are in high demand during the research time due to their extra benefits. More than simply well-established enterprises are offering solutions for people to grow fresh fruit and vegetables in their own homes. Developing enterprises are recognizing the market's potential and expanding their operations into new provinces with significant demand for indoor kitchen gardening.

Restraint:

High cost

The high cost of landscaping equipment has stifled growth, especially in emerging nations. Land mower operating expenses have risen over time as a result of high fuel prices in many countries. Landscape machinery must be upgraded on a regular basis in order to preserve its performance over time. The expensive cost of integrating new technology into existing machinery has slowed market growth. Additionally, consumers have been discouraged from acquiring landscaping tools, particularly power-enabled tools for home usage in developing countries, due to the high expense of repairing many equipment parts.

Opportunity:

Growing demand in residential and commercial consumers

The growing popularity of landscaping activities among residential and commercial users in developed countries is boosting the market for landscaping tools. The growing awareness among households of the need to save the environment by increasing green cover has raised the prospects for new and established companies in the landscaping tools industry. In 2017, American gardeners spent a record-breaking USD 503 per family on lawn and garden retail sales, over $100 more than the previous year. Spending more money on lawn and gardening equipment has fuelled market growth, presenting company prospects during the forecast period.

Threat:

Seasonal changes in marketplace

On a worldwide scale, landscaping is dependent on the weather and seasons. As a result, seasonal changes in each country affect the market for landscaping tools. The demand for devices is low during snowfall because the cold climates marked by frost and snow are unfavourable for the establishment of turfs and decorative crops used in landscaping. Unfavourable climatic circumstances have caused environmental issues in numerous markets, making landscaping efforts more difficult. Because these regions are not viable for landscaping activities, the demand for traditional landscaping tools has declined.

COVID-19 Impact:

Because of the COVID-19, landscaping tool makers faced issues like as supply chain disruptions and labour shortages, which resulted in fewer sales. Most countries experienced a sudden halt in economic activity as a result of social distancing tactics, lockdown standards, and negative market methods. However, due to increased landscaping and gardening activities, sales of landscaping tools soared after a few months, when lockdown was lifted in various nations.

The lawnmowers segment is expected to be the largest during the forecast period

The lawnmowers segment is estimated to have a lucrative growth, due to the rise in lawns, gardens, and yards globally. Self-propelled, push, and hover lawnmowers are the primary equipment types expected to exhibit exponential growth during the projection period. Advances in technology and the increased popularity of new technologies will most likely allow vendors to offer creative and eco-friendly goods, influencing the growth of the electric lawn mower market. The demand for robot-operated equipment will continue to rise in the future years, putting more pressure on the rate of lawnmower adoption.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the driving demand for residential gardening equipment. High disposable income per person and a high-income population account for a big amount of the industry's revenue. This pattern is likely to persist. People are increasingly turning to indoor gardening since they are aware of its advantages for their bodies and minds. Numerous businesses set up and maintain residential indoor gardens. As a result of climate change, more individuals are planting gardens for aesthetic purposes as well as to raise organic food.

Region with highest share:

North America is projected to hold the largest market share during the forecast period, owing to the landscaping and lawn care is a booming business in the region. This is a low-cost, high-sweat-equity profession that provides immigrants and first-generation Americans with a starting point and a pathway into the mainstream economy. The expansion of this industry benefits the use of landscaping tools. People in the country are focusing on a green backyard for better quality air and leisure activities, showing a surge in the popularity of landscaping and boosting the usage of gardening products.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period due to rising backyard remodelling demand, technological developments in user-friendly models, and the rising use of robotic models with connectivity and cognitive capabilities like lawn mapping and navigation. Robotic lawnmowers are becoming increasingly popular in the country because to their improved connection and capacity to mix automated technology with the innovative house design, which benefits today's tech-savvy end consumers.

Key players in the market:

Some of the key players profiled in the Landscaping Tools Market include: Robert Bosch GmbH, Honda Power Equipment, Husqvarna AB, Stanley Black & Decker, Inc., Andreas Stihl AG & Co. KG, The Toro Corp., Felco S.A., Makita Corporation, Fiskars Corporation, Deere & Company, Kubota Corporation and Blount International Inc.

Key Developments:

In January 2023, John Deere partnered with Microsoft to bring new value and efficiencies to John Deere Dealers. The companies are working on a common technology platform for many aspects of a dealer's business, enabling new opportunities for growth, innovation, and customer insights for dealers.

In January 2021, DEWALT brand of Stanley Black & Decker Inc. unveiled its latest 2x20V MAX Self-Propelled Mower (DCMWSP244U2) and Push Mower (DCMWP233U2) that each features a high-efficiency, brushless, direct-drive motor and are powered by two Dewalt 20V MAX 10.0 Ah batteries for high-voltage cutting capacity.

Products Covered:

• Hand Tools
• Lawnmowers
• Power Tools
• Other Products

End Users Covered:

• Commercial
• Residential

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances