CHICAGO, May 16, 2024
/PRNewswire/ -- According to Arizton's latest research report,
the US garden hand tools market is growing at a CAGR of 2.50%
during 2023-2029.
To Know More, Click:
https://www.arizton.com/market-reports/us-garden-hand-tools-market
Browse in-depth TOC on the US Garden Hand Tools
Market
125 – Tables
85 – Figures
296 – Pages
The U.S. Garden Hand Tools Market Report Scope
Report
Attributes
|
Details
|
Market Size
(2029)
|
USD 3.80
Billion
|
Market Size
(2023)
|
USD 3.27
Billion
|
CAGR
(2023-2029)
|
2.50 %
|
Historic
Year
|
2020-2022
|
Base
Year
|
2023
|
Forecast
Year
|
2024-2029
|
Market
Segmentation
|
Product Type,
End-users, Distribution Channel, Raw Materials, and
Geography
|
Geographic
Analysis
|
The U.S. (Northeast,
South, West, and Mid-West)
|
The US garden hand tool industry is heading toward sophistication
and customization of products to keep ahead of the other players in
the market. Technological advances and the use of battery-driven
tools have fueled the adoption of cordless power tools and related
accessories that are light and durable. Increasing disposable
incomes from the end-users has raised their purchasing power,
thereby boosting replacement demand in the market. This adoption of
substitutes is expected to challenge the growth potential of garden
hand tools.
The trend of using recyclable materials as DIY garden hand tools
has become increasingly popular across the US during the past
decade. Earlier, the trend was popular only in Western regions such
as Texas, Florida, and Washington. Many residential end users have
taken off the DIY culture through 5-minute videos online. During
the pandemic, when the public was restricted indoors, these videos
influenced many residential users to utilize their recyclable
materials to prepare garden beds and plantations and maintenance of
gardens. The DIY culture can be one of the major drivers for garden
hand tools in the coming years, with a higher scope for penetration
in growing economies.
Pruning Tools to Hold the Largest Share, Striking Tools
Market to Witness the Fastest Growth Rate
Pruners, also known as pruning shears or hand pruners, are the
heady-duty version of scissors specifically used and designed for
cutting plants. Pruning tools form an essential part of the garden
hand tools. The primary function of any pruning tools is to remove
dead, diseased, damaged, or overgrown branches of the plant.
Removal of these becomes important because damaged and dead
branches attract unwanted insects, which can cause diseases in
humans and plants. Such factors will positively impact the growth
of the US garden hand tools market during the forecast period.
The growing demand for gardening and landscape activities has
been noticed, which has benefited gardeners in reducing stress
levels, opting for recreational activities in their leisure time,
and creating a safe and pollution-free environment around the home
through gardening. With increased household activities in fitting
fixtures and gardening purposes, striking tools will be in huge
demand. The booming commercial and residential sector with
increased trends in gardening and landscaping activities has
changed consumer preferences, and consumers are willing to pay
extra for gardening space as it adds more value and increases the
resale value.
The high competition among the vendors has enabled them to build
their product portfolio with more compact, lightweight,
aesthetically pleasing, and cost-effective tools. However,
manufacturers are more inclined to make their tools available over
e-commerce with increased penetration of the internet and a shift
in consumer buying patterns. The online distribution portals will
increase their market sales during the forecast period.
Residential Distribution Channel to Increasing Market
Opportunities
In 2023, the residential segment accounted for a revenue share
of 60.68% and is expected to dominate the market during the
forecast period. The demand for garden parties and cookouts is
growing significantly, boosting the demand for backyard
beautification and landscaping in the residential sector. Moreover,
with the rising disposable income and standard of living,
individuals are increasingly investing in lawn maintenance
activities. Hence, such factors support the demand for garden hand
tools in the residential segment.
The Southern Region in the US to Lead the Market.
The US garden tool market sees substantial revenue from the
southern region, largely due to its abundance of community gardens,
numerous housing units, and affluent residents. States like
Florida, Virginia, Texas, and the Carolinas, known for their
development and rapid growth, serve as pivotal centers for various
industries. Among them, Texas,
Florida, and North Carolina stand out for their significant
contributions to the garden tool market. With over 5.86 million
housing units and an estimated 51 million households, the demand
for garden tools in the Southern US is poised to rise considerably
in the forecast period. This surge is further fueled by the
escalating number of residential units, particularly in states like
Texas, Florida, the Carolinas, Arizona, and Oklahoma.
Moreover, the increasing household incomes, with a notable 6-8%
rise in median household income in the South in 2020 alone, are
driving the demand for garden hand tools. Additionally, the region
boasts around 150 gardening clubs, which are expected to bolster
the sales of garden tools in the years to come. This surge in
demand isn't limited to gardening tools alone but extends to
related products like essential oils, particularly in the cosmetics
& personal care and cleaning & household industries.
The US Garden Hand Tools Market Report
Encompasses Crucial Data,
Including:
CAGR (Compound Annual Growth Rate) during the forecast
period: This metric provides insights into the annual
growth rate of the US garden hand tools market over the
specified time frame.
Detailed information on growth drivers: The report
offers in-depth information on the factors that will propel the US
garden hand tools market growth from 2023 to 2029. This
includes an analysis of various market
influences.
Precise estimation of market size: Accurate
assessments of the US garden hand tools market size and its
contribution, focusing on key market
segments.
Predictions about upcoming trends and changes in consumer
behavior: The report offers insights into anticipated
trends and shifts in consumer behavior that are likely to impact
the US garden hand tools market helping businesses prepare for
future market dynamics.
Geographical market growth: The report covers the
development of the garden hand tools market across the US.
Competitive landscape analysis: A thorough
examination of the market's competitive landscape is presented,
including detailed information about companies operating in the US
garden hand tools market. This includes an overview of key players,
their market share, strategies, and key
developments.
Analysis of growth challenges: The report includes a
comprehensive analysis of factors that may pose challenges to the
growth of companies in the US garden hand tools market, providing a
well-rounded view of the market dynamics.
Buy this Research @
https://www.arizton.com/market-reports/us-garden-hand-tools-market
Post-Purchase Benefit
- 1hr of free analyst discussion
- 10% off on customization
Key Company Profiles
- Fiskars Group
- Griffon Corporation
- Husqvarna
- Stanley Black & Decker
- Root Assassin
- Lasher Tools
- Garden Tool Company
- AMPCO Safety Tools
- Bully Tools
- CobraHead LLC
- CS Unitech Inc
- Red Pig Garden Hand Tools
- Ray Padula Holdings, LLC
- The American Garden Tool Co.
- Sneeboer USA
- Seymour Midwest
- Solid Tools Inc.
- The Ames Companies Inc.
- STIHL International
- Wilcox All-pro Tools
- W.W. Manufacturing Co Inc.
- Prohoe Manufacturing LLC
- Corona Tools
- Bridgetown Garden Tools
- W.W. Grainger, Inc.
- Gedore Werkzeugfabrik Gmbh & Co. KG
- Phawa Metaltech
- Eastman Cast and Forge Ltd
- Cangzhou Marine Special Explosion Proof Tools Manufacturing
Ltd
- Intercon USA Inc
- EGA Group
Market Segmentation
Product Type
- Pruning Tools
- Digging Tools
- Striking Tools
- Watering Tools
- Other Tools
End-users
Distribution Channel
Raw Materials
- Metals
- Alloys
- Plastic
- Others
Geography
- Northeast
-
- New York
- New Jersey
- Massachusetts
- South
-
- Florida
- Texas
- North Carolina
- Tennessee
- West
-
- California
- Washington
- Oregon
- Mid-West
-
- Illinois
- Michigan
- Minnesota
Key Questions Answered in the Report:
How big is the U.S. garden hand tools market?
Which region dominates the U.S. garden hand tools market
share?
What is the growth rate of the U.S. garden hand tools
market?
What are the significant U.S. garden hand tools market
trends?
Who are the key players in the U.S. garden hand tools
market?
Check Out Some of the Top Selling Research Reports:
Garden Hand Tools Market - Global Outlook & Forecast
2024-2029
https://www.arizton.com/market-reports/garden-hand-tools-market
U.S. Hand File Tools Market - Industry Outlook & Forecast
2022-2027
https://www.arizton.com/market-reports/united-states-hand-file-tools-market
Drilling Tools Market - Global Outlook & Forecast
2024-2029
https://www.arizton.com/market-reports/drilling-tools-market
Cordless Power Tools Market - Global Outlook & Forecast
2023-2028
https://www.arizton.com/market-reports/cordless-power-tools-market
Why Arizton?
100% Customer Satisfaction
24x7 availability – we are always there when you need
us
200+ Fortune 500 Companies trust Arizton's
report
80% of our reports are exclusive and first in the
industry
100% more data and analysis
1500+ reports published till
date
About
Us:
Arizton Advisory and Intelligence is an innovative and
quality-driven firm that offers cutting-edge research solutions to
clients worldwide. We excel in providing comprehensive market
intelligence reports and advisory and consulting
services.
We offer comprehensive market research reports on consumer goods
& retail technology, automotive and mobility, smart tech,
healthcare, life sciences, industrial machinery, chemicals,
materials, I.T. and media, logistics, and packaging. These reports
contain detailed industry analysis, market size, share, growth
drivers, and trend
forecasts.
Arizton comprises a team of exuberant and well-experienced
analysts who have mastered generating incisive reports. Our
specialist analysts possess exemplary skills in market research. We
train our team in advanced research practices, techniques, and
ethics to outperform in fabricating impregnable research
reports.
Contact
Us
Call:
+1-312-235-2040
+1 302 469
0707
Mail: enquiry@arizton.com
Contact
Us: https://www.arizton.com/contact-us
Blog: https://www.arizton.com/blog
Website: https://www.arizton.com/
Photo:
https://mma.prnewswire.com/media/2414794/U_S_Garden_Hand_Tools_Market.jpg
Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg
View original content to download
multimedia:https://www.prnewswire.com/news-releases/the-us-garden-hand-tools-market-to-reach-3-80-billion-by-2029---southern-region-takes-center-stage---arizton-302147819.html
SOURCE Arizton Advisory & Intelligence