Industry Overview - The global gardening tools market is expected to grow from $8.65 billion in 2022 to $14.108 billion by 2030, with a CAGR of 6.3% [10] - North America, Europe, and Russia show higher growth rates, while South America, Africa, and Australia have relatively lower growth potential [10] - The lawn and garden e-commerce market is projected to grow from $26.47 billion in 2017 to $115.14 billion by 2029, with a CAGR of 13% [12] Market Trends - Electric and battery-powered tools are gaining market share, with electric tools expected to dominate by 2029 [18] - Online sales are becoming increasingly important, with DIY, gardening, and pet products showing significant growth in e-commerce [20] - Consumers are increasingly prioritizing durability, ergonomic design, and eco-friendliness when choosing gardening tools [6][7][8] Consumer Insights - Over 30% of consumers in countries like Australia, China, and the US engage in gardening activities at least once a week [25] - Younger consumers (18-34 years) are showing increased spending intentions on gardening products, with 71% planning to increase their spending [28] - Consumers are willing to pay more for durable, high-quality, and eco-friendly gardening tools [30] Regional Analysis - North America dominates the global gardening tools market, with the US accounting for 35% of global market revenue in 2022 [34] - Europe is also a key market, with Germany and the UK leading in terms of market share and growth [42] - The US gardening tools market is expected to grow from $17.26 billion in 2024 to $34.22 billion by 2033 [36] Key Players - Gardener's Supply Company has a strong presence in the US market, with a brand awareness of 32% among DIY and garden e-commerce users [70] - Greenworks, a leading electric gardening tools brand, has a significant market share in North America and Europe, with revenues of $4.617 billion in 2023 [78] Future Outlook - The global gardening tools market is expected to continue growing, driven by increasing consumer interest in gardening and the adoption of eco-friendly and smart tools [85] - Companies that focus on innovation, sustainability, and e-commerce strategies are likely to succeed in this rapidly expanding market [85]
2024全球园艺工具市场洞察报告
2024-10-17 08:00