Rockville, WA -- (SBWIRE) -- 07/26/2018 -- With landscaping business on the rise, the demand for gardening equipment has increased tremendously, consequently driving the global gardening equipment market to register a splendid growth. Moreover, gardening as a household and substantially less expensive activity has never witnessed a decrease in its occurrence; rather with several advancements happening in this field, gardening has evolved at a rapid pace since the past few decades.

Landscaping gardens and mowed lawns in the proximity of business centers, historical monuments, public squares, and other places of importance have experienced an increase with rapid urbanization and industrialization. With rampant growth in weeds, many opt for using relevant gardening equipment to get rid of these unwanted plants growths from lawns, gardens, and parks. This too has been responsible for making the global gardening equipment market expand at a substantially speed.

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The global gardening equipment market is expected to register a steady CAGR of 4.2% during the forecast tenure 2017-2022, thus being a key indicator of the market's moderate progress since past few years.

Development of new equipment for gardening is predicted to prove itself as a powerful factor supporting the growth of the global gardening equipment market. Besides this, vendors are expected to focus more on enhancing the functionality of their products by heavily investing in innovation-based activities. Overall, growth of the market is projected to rise at a modest pace, and this trend could continue to take shape in the next few years.

Lawnmower Segment Projected to Hold a Leading Edge and Grow With a Brisk Pace
The market is divided into several segments on the basis of product type, end use, distribution channel, and region. Under product type, hand tools, cape cod weeder, paving weeder, fishtail weeder, shears & snips, hoe, trimmers & edgers, lawnmowers, and others, are key segments comprise the gardening equipment market. Growing demand for lawn manicure in the commercial industry is likely to fuel demand for lawnmower, thus making it a leading segment. The lawnmower segment is expected to represent topmost revenue growth, accounting for over US$7,000 mn by the end of 2022. In contrast, the paving weeder segment is expected to expected register a leading CAGR in the global gardening equipment market up to 2022.

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Under end use, residential and commercial are two primary segments. Of these, the commercial segment is anticipated to showcase splendid revenue generation during the tenure of the forecast period. This is mainly due to the increasing demand for lawn mowing and landscaping in the commercial industry.

In terms of distribution channel, online sales, retail sales, and distributor sales are three primary segments. From these, the retail store segment is expected to register revenue of more than US$14,000 mn by the end of 2022. After retail stores, the online sales segment predicted to hold onto the second spot in terms of revenue gained the global gardening equipment market by the end of 2022.

North America and Europe Depict Topmost Use of Garden Equipment
In terms of geographical spread, the global gardening equipment market is spread across North America, Latin America, Asia Pacific excluding Japan, Middle East and Africa, Japan and Europe. Of these, maximum growth is experienced by the European region, and is expected to continue even in future. This is mainly due to extensive gardening practices taking place in these regions. Favorable regulations regarding maintenance of public gardens and also has increased the demand of gardening equipment in these regions.

The Ames Companies Inc., The Toro Co., Stanley Black & Decker, Inc., Robert Bosch GMBH, Deers and Co., Blount International Inc., Kubota Corp., Estwing Manufacturing Company Inc. Alamo Group Inc., and Briggs and Stratton Corp., are key companies operating in the global gardening equipment market.

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