What are the key factors for the growth of the Garden Equipment Market?

The surge in DIY projects is gaining traction particularly among consumers in developed regions such as North America and Europe, where high living standards and evolving habits prevail. Moreover, the increasing discretionary income and burgeoning population in developing nations are propelling the DIY market, thereby boosting sales of landscaping power tools.

What are the Top Players operating in the Garden Equipment Market?

The top players operating in the Garden Equipment Market are - KUBOTA Corporation. (Japan), American Honda Motor Co., Inc. (U.S.), Husqvarna AB (Sweden), Robert Bosch GmbH (Germany), AriensCo (U.S.), The Toro Company. (U.S.), Falcon Garden Tools. (India), Fiskars Group (Finland), Castorama (France), BayWa AG (Germany).

What impact has the COVID-19 pandemic had on the Garden Equipment Market, and how has it responded to shifting consumer behaviors?

The onset of the COVID-19 pandemic in early 2020 resulted in a minor downturn in the gardening equipment market. This deceleration in market growth can be attributed to two primary factors: a reduction in consumer demand for garden and tool tools, coupled with the temporary closure of storefronts.

What are the potential future trends and opportunities for the Garden Equipment Market?

By cultivating plants indoors, farmers gain control over temperature and illumination patterns, thereby enhancing plant productivity. Systems can be designed to optimize vertical space utilization and increase crop density. Additionally, hydroponic farming facilitates cultivation in areas with unfavorable soil conditions.

Which is the fastest-growing region in the Garden Equipment Market?

Asia-Pacific (APAC) is forecasted to witness substantial growth during the period, 2024-2030, propelled by driving factors such as rising disposable income and the availability of cost-effective labor in the region.