Dublin, June 13, 2024 (GLOBE NEWSWIRE) — The “U.S. Garden Hand Tools Market – Focused Insights 2024-2029” report has been added to the ResearchAndMarkets.com’s The offer of
The US Garden Hand Tools market was valued at USD 3.28 billion in 2023 and is expected to reach USD 3.8 billion by 2029, growing at a CAGR of 2.48%.
The pruning tools segment holds over 34% of the US garden hand tools market share. With the growing focus on sustainability and environmentally friendly practices, there is a growing demand for pruning tools made from recycled materials or those with minimal environmental impact.
The metal segment shows significant growth, with the fastest growing CAGR of 2.99% in the US garden hand tools market. Metals are the most common and widely used materials in the garden hand tools market, which provide more strength and durability, thus aiding segmental growth. Iron, aluminum and copper are some commonly used metals.
The online distribution channel segment is expected to grow at the highest CAGR in the US garden hand tools market due to high internet penetration in the region. This method of online distribution offers many advantages, including the elimination of costs associated with setting up brick-and-mortar locations and relatively cheaper maintenance and operating costs, thereby enabling the segment to grow.
The residential end-user segment will hold the largest share of the US garden hand tools market in 2023. Market growth is expected to be driven by increasing adoption of garden hand tools, increasing health consciousness and urbanization. Also, the demand for garden parties and cookouts is increasing significantly, increasing the demand for backyard decoration and landscaping in the residential sector.
MARKET DIRECTORS
Growing demand for Municipal Gardens: The demand for garden hand tools is expected to increase due to the growth of community gardens. The availability of healthy and nutritious food directly from the garden has increased the nutritional value of the community. It also avoids the use of pesticides and harmful chemicals. These tools are essential in growing herbs and vegetables and maintaining garden beds. They are economical and widely used by community gardens for ease of use and storage. Additionally, community gardens increase property values and are easier to establish and maintain than park areas.
Increasing internet penetration: The increasing penetration of the Internet has forced many sellers to shift their business to digital means, as most people prefer to stay indoors, nurturing their hobbies like gardening. The change has boosted sales for garden tools, with few US retail chains expanding their distribution of commercial products. Additionally, the market is experiencing an increasing influence of digital consumerism on the sales of garden tools. There is ample scope for retailers to increase their profitability by adopting e-commerce as a business platform. With the increase in internet penetration, several online websites have emerged to cater to end users who seek convenience and easy access to these products. E-retailing of various products, including garden tools, is growing in popularity due to its time and cost saving process.
REGIONAL ANALYSIS
The southern region accounts for a significant share of the over USD 1 billion revenue in the US garden hand tools market in 2023 due to the significant presence of community gardens, residential units, and high disposable income. The South region includes developed and fast-growing states such as Florida, Virginia, Texas and the Carolinas, major hubs for several end-user industries. Texas, Florida, and North Carolina have contributed the highest to the South US garden hand tools market
LANDSCAPE FOR SALE
The US Garden Hand Tools Market consists of exclusive data for 25 vendors. The competitive market scenario is intensifying, with global and domestic players offering various products. In terms of market share, a few major players are currently dominating the market. Fiskars Group, Griffon Corporation, Husqvarna Group, Stanley Black & Decker and STIHL are some companies that currently dominate the market.
LIST OF VENDORS
Top sellers
- Fiskars Group
- The Griffon Corporation
- Husqvarna
- Stanley Black & Decker
- STIHL
Other notable sellers
- Holden Tool Company
- The garden tool company
- Ampco Safety Tools
- Means of harassment
- Cobra head
- Red Pig Garden Tools
- Ray Padula
- American Garden Tool
- Snowboer
- Seymour Midwest
- The garden weasel
- Root Assassin
- Wilcox All-Pro Tools
- WW manufacturing company
- Try it
- Corona tools
- Bridgetown Garden Tools
- WW Grainger
- Radius Garden
- Flexrake
Main attributes:
The report attribute | The details |
No. of Pages | 79 |
Forecast period | 2023 – 2029 |
Estimated market value (USD) in 2023 | 3.28 billion dollars |
Estimated market value (USD) by 2029 | 3.8 billion dollars |
Compound Annual Growth Rate | 2.4% |
Regions covered | United States |
Main topics covered:
Chapter – 1: US Garden Hand Tools Market Overview
Chapter – 2: US Garden Hand Tools Market Forecasted Revenue
- US: Garden Hand Tools Forecast Revenue (2024-2029; USD Million)
Chapter – 3: US Garden Hand Tools Market Segmentation Data
- US: Forecast Revenue by Product Type (2024-2029); (Revenue $MN)
- Pruning tools
- Excavation tools
- Striking tools
- Irrigation tools
- Others
- US: Forecast Revenue by Raw Material (2024-2029); (Revenue $MN)
- Metals
- alloys
- Plastic
- Others
- US: Forecast Revenue by Distribution Channel (2024-2029); (Revenue $MN)
- US: Forecast Revenue by End User (2024-2029); (Revenue $MN)
Chapter – 4: US Garden Hand Tools Market Outlook and Opportunities
- US Garden Hand Tools Market Trends
- US Garden Hand Tools Market Leaders
- Restraints of the US Garden Hand Tools Market
Chapter – 5: Industry Overview of US Garden Hand Tools Market
- US Garden Hand Tools Market – Competitive Landscape
- US Garden Hand Tools Market – Key Players
- US Garden Hand Tools Market – Other Notable Sellers
For more information about this report, visit https://www.researchandmarkets.com/r/ed99va
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The US Garden Hand Tools Market
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