DUBLIN – (BUSINESS WIRE) – The Garden Tools – Global Market Trajectory & Analytics report has been added to ResearchAndMarkets.com offer.

The publisher brings years of research experience to the 8th edition of this report. The 283-page report provides concise insights into the impact of the pandemic on production and the buyer side for 2020 and 2021. A short-term gradual recovery by key regions is also addressed.

The global gardening equipment market will reach a volume of 4.8 billion US dollars by 2027

In the midst of the COVID-19 crisis, the global gardening equipment market, which is estimated at 4.3 billion US dollars in 2020, will reach a revised size of 4.8 billion US dollars by 2027 and with a CAGR in the analysis period 2020 grow by 1.5%. 2027.

Pruning Tools, one of the segments analyzed in the report, is expected to post a 1.6% CAGR and reach $ 1.8 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, growth in the impact tools segment will be adjusted to a revised CAGR of 2.1% for the next 7-year period.

The US market is valued at $ 1.2 billion, while China is forecast to grow by 3.1% CAGR

The US garden tool market is estimated at $ 1.2 billion in 2020. China, the second largest economy in the world, is projected to reach a market size of $ 915.2 million by 2027, representing a CAGR of 3.1% year over year for the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, which will grow 0.1% and 1.1% respectively over the 2020-2027 period. Within Europe, growth of around 0.5% CAGR is forecast for Germany.

Excavation tools segment has a CAGR of 1.2%

In the global excavation tools segment, the United States, Canada, Japan, China, and Europe will drive the CAGR estimated for that segment of 0.9%. These regional markets, with a total market size of $ 682.8 million in 2020, are projected to reach a projected size of $ 727.6 million by the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India, and South Korea, the Asia-Pacific market is projected to reach $ 640.5 million by 2027, while Latin America is expected to grow 1.9% CAGR over the analysis period.

The competitors identified in this market include:

  • American Honda Motor Co., Inc.

  • Andreas Stihl AG & Co. KG

  • Hirsch & Company

  • Home Depot Product Authority, LLC

  • Husqvarna AB

  • Robert Bosch GMBH

  • Stanley Black & Decker, Inc.

Key topics covered:

I. INTRODUCTION, METHODOLOGY & REPORTING AREA

II. SUMMARY

1. MARKET OVERVIEW

  • Global market shares from competitors

  • Market share scenario of competitors for garden tools worldwide (in%): 2019 & 2025

  • Effects of Covid-19 and an impending global recession

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

4. PERSPECTIVE OF THE GLOBAL MARKET

III. MARKET ANALYSIS

NS. CONTEST

  • Total number of companies featured: 46

Please visit https://www.researchandmarkets.com/r/vx6hvq for more information on this report