Growing popularity of DIY gardening activities and high cost of professional services to drive global grass trimmer market
Growing popularity of DIY gardening activities and high cost of professional services to drive global grass trimmer market
According to TechSci Research report, “Global Grass Trimmer Market By Product (Cordless, Electric, Gas), By End User (Residential, Commercial), By Distribution Channel (Offline, Online), By Region, Forecast & Opportunities, 2025”, the market is expected to register significant growth during the forecast period owing to growing popularity of DIY gardening activities around the world. Household activities like carpeting, gardening and plumbing are also acting as key growth drivers for global grass trimmer market. Consumers are opting for tools that are easy to store, require less maintenance and take less time. Also, growing urbanization, need for improving home aesthetics, particularly gardens and terraces are fueling the growth of global grass trimmer market. Additionally, high cost of professional services and increasing popularity of gardening as a hobby is supporting the growth of this market. Companies are also introducing wide range of grass trimmers which are equipped with advanced technologies and are easy to manage. This is further anticipated to propel the global grass trimmer market growth in the coming years.
Moreover, grass trimmers are gaining high demand from commercial setup such as golf courses, public parks, government establishments and landscape areas. Also, rising trend of garden parties and backyard cooking are creating the demand for grass trimmers. With growing infrastructural activities and rise in commercial properties around the world, the market is expected to witness high growth rate during the forecast period. However, the market might also face some challenges. High cost of grass trimmers and growing availability of substitute products are expected to hamper the market growth during the forecast period.
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The global grass trimmer market is segmented based on product, end user, distribution channel and region. Based on product, the market can be segmented into cordless, electric and gas grass trimmers. Among them, electric grass trimmers accounted for highest CAGR in 2019 as consumers are preferring grass trimmers that are lightweight and are easier to use than gas-powered grass trimmers. However, battery-operated grass trimmers are also gaining popularity are expected to register significant growth during the forecast period as they make comparatively less noise and provide ease of operation.
Based on end user, global grass trimmer market is segmented into residential and commercial. Among the two, commercial segment is opting for leasing as a low-risk alternative to purchasing expensive equipment like grass trimmers. Thus, leasing is becoming an emerging trend in the global grass trimmer market and manufacturers are also offering low-cost leasing options to meet the growing demand from commercial sector.
Major players operating in the global grass trimmer market include Andreas Stihl AG & Company KG, Blount International Inc., Emak Spa, Honda Motor Co. Ltd., Husqvarna AB, Makita Corp., MTD Products Inc., Robert Bosch GmbH, Stanley Black & Decker Inc., The Toro Co. and STIGA S.p.A. The players are opting growth strategies like mergers & acquisitions and new product launches to increase their global market share.
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“North America dominated the global grass trimmer market in 2019 owing to launch of innovative & advanced grass trimmers and increasing use of online channels to buy garden improvement tools. The growing popularity of DIY gardening is further expected to make the region a profitable market for manufactures through 2025. Moreover, the market is also witnessing growing popularity of rising popularity of cordless grass trimmers and multi-functional grass trimmers,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Grass Trimmer Market By Product (Cordless, Electric, Gas), By End User (Residential, Commercial), By Distribution Channel (Offline, Online), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global grass trimmer market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global grass trimmer market.
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