Gardening Equipment Market Expected to Reach USD 102.3 billion by 2025
Mounting investments in the novel gardening tools to replace the old equipment is expected to be a major factor spurring market growth. The rising housing activity capacity to meet the ever growing population's demand is estimated to act as a key driver augmenting growth. Never the less, the seasonal variation witnessed by the manufacturers is estimated to challenge the industry over the near future. The global gardening equipment market is anticipated to witness high growth over the forecast period. This may be accredited to the advent of technologically advanced products such as battery powered hand tools and robotic lawnmowers. Further, remote controlled and GPS-equipped lawnmowers are expected to gain traction in the near future, thereby spurring equipment sales.The rising espousal of gardening as a hobby is expected to further catapult equipment market growth over the next nine years. Further key findings from the report suggest: The lawnmowers segment captured over 3...