Market Size of Landscaping Tools Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 32.36 Billion |
Market Size (2029) | USD 41.31 Billion |
CAGR (2024 - 2029) | 5.00 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Landscaping Tools Market Analysis
The Landscaping Tools Market size is estimated at USD 32.36 billion in 2024, and is expected to reach USD 41.31 billion by 2029, growing at a CAGR of 5% during the forecast period (2024-2029).
The landscaping industry encompasses a wide range of services, including tree planting and removal, installation of shrubs and flowers, and creation of hardscapes such as patios and walkways. Water features like fountains, ponds, and river stones are also common elements in landscaping projects. In developed countries, there is an increasing trend of indoor and kitchen gardening among households. This growing interest in gardening has led to a higher demand for landscaping tools, as consumers seek efficient solutions for their gardening activities. The Bureau of Labor Statistics reports that the average spending on gardening and lawn care services in the United States increased from USD 193.3 per consumer unit in 2021 to USD 202.0 in 2022. This upward trend in gardening tool expenditure indicates a potential for increased demand for landscaping tools during the forecast period.
The growing popularity of gardens in residential developments is a key factor driving the increased demand for landscaping tools. City planners and real estate professionals are leveraging consumers' willingness to invest in garden spaces, leading to higher tool sales. Many individuals are prepared to pay premium prices for homes with dedicated gardening areas. This trend has resulted in a rise in landscaping demand, enhancing the visual appeal of both commercial and residential properties. Additionally, millennials and younger generations are showing increased interest in gardening and lawn care activities, further boosting the global demand for landscaping tools.
Modern technology has significantly transformed the landscaping industry, impacting projects ranging from individual backyards to comprehensive city planning. The sector now heavily relies on advanced tools, smart machines, and sophisticated software for improved control and monitoring. Manufacturers are concentrating on attracting end-users by offering cost-saving benefits and introducing a wide range of garden and lawn tools. With the increasing popularity of urban gardening and landscaping in both developed and developing countries, coupled with major players launching innovative tools, the landscaping tools market is projected to experience growth during the forecast period.
The high costs associated with replacing components in landscaping tools have discouraged consumers, particularly in developing countries, from purchasing these products. This trend is especially noticeable for power-operated tools designed for residential use, presenting a significant challenge to market growth throughout the forecast period.
Landscaping Tools Industry Segmentation
The landscaping tools such as lawnmowers, power tools, hand tools, and other tools are used to maintain lawns and gardens. The landscaping tools used for industrial and construction purposes are excluded from the study. The Landscaping Tools Market is Segmented by Product (Lawnmowers, Power Tools, Hand Tools, and Other Landscaping Tools), End User (Residential, and Commercial), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers market estimates and forecasts in Value (USD) for all the above segments.
Product | |
Lawnmowers | |
Power Tools | |
Hand Tools | |
Other Landscaping Tools |
End User | |
Residential | |
Commercial |
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Landscaping Tools Market Size Summary
The landscaping tools market is poised for significant growth over the forecast period, driven by the rising trend of urban gardening and landscaping in both residential and commercial sectors across developed and developing nations. This growth is further supported by the introduction of innovative landscaping tools by key industry players. The shift towards organic and eco-friendly environments, particularly through indoor and urban gardening, is expected to boost the demand for various gardening tools, including both small hand tools and power tools. North America stands out as a dominant region in this market, attributed to increased consumer spending on lawn and gardening tools, heightened awareness of the benefits of home-grown food, and the availability of advanced technological solutions.
The market landscape is characterized by a mix of large, medium, and small manufacturers, with major players like Andreas Stihl AG & Co. KG, Husqvarna AB, and Stanley Black & Decker Inc. leading the charge. These companies are focusing on product innovations and strategic acquisitions to enhance their market presence and production capabilities. The demand for landscaping tools is further bolstered by the growing standard of living and improved lifestyles in urban areas, particularly in Canada, where corporate offices and real estate companies are investing in landscaping to enhance property value and employee well-being. Additionally, the trend of eco-tourism in Canada, with hotels capitalizing on green spaces, underscores the increasing importance of landscaping tools. As the market continues to evolve, strategic partnerships and technological advancements are expected to play a crucial role in shaping its future trajectory.
Landscaping Tools Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand for Landscaping Maintenance
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1.2.2 Increasing Adoption of Green Spaces & Green Roofs
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1.2.3 Technological Advancements Drive Market Growth
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1.3 Market Restraints
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1.3.1 Shortage of Skilled Labor in Landscaping Impact the Market
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1.3.2 High Cost of Landscaping Tools Maintanance
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of Substitute Products
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1.4.4 Threat of New Entrants
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Lawnmowers
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2.1.2 Power Tools
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2.1.3 Hand Tools
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2.1.4 Other Landscaping Tools
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2.2 End User
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2.2.1 Residential
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2.2.2 Commercial
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 South Korea
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Egypt
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2.3.5.3 Rest of Middle East and Africa
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Landscaping Tools Market Size FAQs
How big is the Landscaping Tools Market?
The Landscaping Tools Market size is expected to reach USD 32.36 billion in 2024 and grow at a CAGR of 5% to reach USD 41.31 billion by 2029.
What is the current Landscaping Tools Market size?
In 2024, the Landscaping Tools Market size is expected to reach USD 32.36 billion.