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NEW YORK , May 2, 2022 /PRNewswire/ -- According to the market outlook report, the Grass Trimmer Market share will witness a YOY growth of 1.95% in 2022 at a CAGR of 5.77% during the forecast period. The report is segmented by product (cordless, electric, and gas), distribution channel (offline and online), and geography (North America , Europe , APAC, South America , and MEA). One of the main drivers of the Grass Trimmer Market is increasing gardening and landscaping activities that include the servicing and maintenance of gardens and landscapes in both residential and commercial properties.
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The Grass Trimmer Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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North America will account for 48 percent of market growth. In North America, the United States is the most important market for grass trimmers. The market in this region will increase at a quicker rate than the market in Europe .
The expansion of the grass trimmer market in North America will be aided by new product launches, greater usage of online platforms to purchase garden improvement equipment, higher demand for multi-functional grass trimmers, and the rising popularity of cordless grass trimmers over the projected period.
Furthermore, the growing number of self-contained dwellings in North America , particularly in the United States and Canada , will increase the demand for grass trimmers in the residential sector.
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The cordless category will gain considerable market share in grass trimmers. The accompanying benefits of cordless lawn trimmers, such as simple movement without the trouble of recharging or connecting an electric cord, zero emissions, minimal/nonexistent noise, and the availability of a pull start mechanism, are credited with the growth.
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Key Market Drivers & Challenges:
The expanding gardening and landscaping activities, which include the service and maintenance of gardens and landscapes in both residential and commercial properties, are one of the important reasons driving the worldwide grass trimmer market growth. Another trend that is predicted to positively influence the industry in the forecast period is innovation in terms of technology improvement, performance, features, design, and product efficiency due to ongoing R&D and invention.
However, one of the major roadblocks to the global grass trimmer market's growth is safety concerns about DIY gardening equipment use, as any failure to operate them according to the user manual can endanger the operator's safety or result in an undesirable result.
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Cordless Garden Equipment Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
Artificial Grass Turf Market by Distribution Channel, Application and Geography - Forecast and Analysis 2021-2025
Accelerate at a CAGR of 5.77%
North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA
US, Germany, UK, China, and Japan
Leading companies, Competitive strategies, Consumer engagement scope
ANDREAS STIHL AG & Co. KG, Blount International Inc., Emak Spa, Honda Motor Co. Ltd., Husqvarna AB, Makita Corp., MTD Products Inc., Robert Bosch GmbH, Stanley Black & Decker Inc., and The Toro Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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6 Market Segmentation by Distribution channel
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