Global Gardening Tools Market Set for Explosive Growth
The global gardening tools market, currently valued at USD 9.1 billion, is projected to grow at a steady CAGR of 4.4%, reaching USD 13.4 billion by 2032. Europe is anticipated to lead the market, holding 29% of the global share, driven by advancements in hybrid electric tools that enhance operational efficiency and reduce costs. Between 2018 and 2023, the market grew at a 2.7% CAGR, with a notable surge in 2023, and is expected to continue expanding due to increased outdoor activities and technological innovations. The commercial sector is expected to be the primary revenue contributor, reflecting a growing demand for diverse gardening tools from both residential and commercial users.