The global Garden and Lawn Tools Market refers to the industry for various tools and equipment that are used for gardening, landscaping, and lawn maintenance. These tools include lawnmowers, string trimmers, chainsaws, hedge trimmers, blowers, tillers, and other handheld tools. The market is driven by the increasing trend of gardening and landscaping, especially in urban areas, as well as the growing demand for lawn maintenance services.
According to a report by Persistence Market Research, the global garden and lawn tools market size was valued at USD 20.6 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2021 to 2028. The market is primarily driven by the increasing trend of home gardening and landscaping activities, coupled with the growing demand for lawn maintenance services in both residential and commercial sectors.
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The market is segmented based on product type, power source, application, and region. Based on product type, the market is further divided into lawnmowers, trimmers and edgers, blowers, chainsaws, and others. The lawnmower segment held the largest market share in 2020, owing to the high demand for maintaining large lawn areas, especially in residential areas.
Based on power source, the market is segmented into gasoline, electric, and manual. The electric segment is expected to witness significant growth over the forecast period, owing to its eco-friendliness and low noise levels.
Based on application, the market is segmented into residential and commercial. The residential segment held the largest market share in 2020, owing to the increasing trend of home gardening and landscaping activities.
Geographically, North America held the largest market share in 2020, owing to the high demand for lawn maintenance services in residential and commercial sectors. Asia Pacific is expected to witness significant growth over the forecast period, owing to the increasing trend of home gardening and landscaping activities in emerging economies such as India and China.
The key players in the garden and lawn tools market include Briggs & Stratton Corporation, Deere & Company, Honda Motor Co., Ltd., Husqvarna Group, MTD Products Inc., Robert Bosch GmbH, Stanley Black & Decker, Inc., STIHL Holding AG & Co. KG, The Toro Company, and TTI, Inc. These companies are focusing on product innovation, strategic collaborations, and partnerships to strengthen their market position and increase their customer base.
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