Hedge Trimmer Market
Dublin, Jan. 18, 2023 (GLOBE NEWSWIRE) -- The "Hedge Trimmer Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global hedge trimmer market is expected to grow at a CAGR of 5.07% during 2022-2027. The market is growing substantially due to the increasing need for equipment from residential and commercial users. The growth in demand is attributed to the expansion of green acreage and is highly influenced by weather conditions.
The need for hedge trimmers surges during the summer and spring due to the increased time spent on lawn care activities. Moreover, the growing government efforts to expand green acreage through constructing parks, lawns and playgrounds are pushing the demand for hedge trimmers in the market. Also, with the rising interest in gardening and lawn care activities, the demand for landscaping services is growing significantly, pushing the hedge trimmer market growth from the landscaping service industry. Further, the global garden hedge trimmers market shipments are expected to reach 5,719.83 thousand units by 2027.
MARKET TRENDS & DRIVERS
The increasing government initiatives in developing countries to expand garden areas, grasslands and parklands are boosting the green acreage across city centers, horticulture, and landscaping industries, and the initiation of green roofs in developed economies is one of the key contributors to the hedge trimmer market. On the other hand, the growing popularity and increasing participation in various sports activities such as golf courses, football, cricket, rugby, and other outdoor space are pushing the construction industry demand. These factors are likely to propel the garden hedge trimmer market.
Development in lithium-Ion batteries has compelled vendors to extend the lawn mower product range with Li-ion batteries. With the marketing restriction for NiCd cells and lower penetration of NiMH cells, the growth of Li-ion battery technology is more likely to positively impact the growth and adoption of hedge trimmers in the garden industry. This will further boost the demand for gardening equipment, such as hedge trimmers, and contribute to the hedge trimmer market during the forecast period.
Governments across the globe are adopting sustainable and green technologies to reduce pollution levels in cities. Gardening equipment also falls under the same category and is even considered more polluting than vehicles. The professional landscaping service providers operating within municipalities, hospitality, office, state entities, and customers with indoor projects are looking to produce zero exhaust emission and noiseless equipment to expand working hours in public spaces.
Cities worldwide have been gradually adopting urban gardening to cope with the issue of pollution, shortage of food and clean water, and rapidly rising temperatures, among others. According to the UN Food and Agriculture Organization (FAO), a large part of the developing world is facing a shortage of food, water, and arable land. In developed economies, urban gardening is seen as an antidote to the industrialized agriculture sector that uses chemical fertilizers and pollutes the waterways. On the other hand, creating a personal garden is cost-effective and beneficial, thereby positively impacting the adoption of garden hedge trimmers during the forecast period.
A sustainable city is one in which the inflow of material, energy resources, and waste disposal do not exceed the city's surrounding environment's capability, and urban consumption is lower than the natural environment. Such factors forecast the demand for garden equipment such as hedge trimmers during the projected period.
No. of Pages
2021 - 2027
Estimated Market Value (USD) in 2021
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Segmentation by Blade Type
46 cm & Below
57 cm & Above
Segmentation by Fuel Type
Segmentation by End-user
Segmentation by Distribution
Segmentation by Geography
Rest of Europe
Middle East & Africa
Stanley Black & Decker
Other Prominent Vendors
Techtronic Industries Ltd.
American Lawn Mower
The Toro Company
Alfred Karcher SE & Co. KG
Einhell Germany AG
KEY QUESTIONS ANSWERED
1. How big is the global hedge trimmer market?
2. What is the growth rate of the global hedge trimmer market?
3. Who are the key players in the global hedge trimmer market?
4. What are the growth factors in the global hedge trimmer market?
5. Which blade type segment will dominate the hedge trimmer market?
6. Which regions hold the largest global hedge trimmer market share?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
5 Report Assumptions & Caveats
6 Market at a Glance
7 Premium Insights
9 Market Opportunities & Trends
9.1 Developments in Lithium-Ion Battery Technology
9.2 Rise of Cordless Hedge Trimmers
9.3 R&D Activities & Technological Advancements
10 Market Growth Enablers
10.1 Growth in Commercial Construction
10.2 Rise in Urban Gardening
10.3 Growth of Sustainable Cities
11 Market Restraints
11.1 Lower Efficiency Than Gasoline Hedge Trimmers
11.2 Environmental Pollution Caused by Gasoline Hedge Trimmers
11.3 Increased Competition from Chinese Vendors
12 Market Landscape
13 Blade Size
14 Fuel Type
16 Distribution Channel
18 North America
21 Latin America
22 Middle East & Africa
23 Competitive Landscape
24 Key Company Profiles
25 Other Prominent Vendors
26 Report Summary
27 Quantitative Summary
For more information about this report visit https://www.researchandmarkets.com/r/ak2dds
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