The increasing environmental consciousness among people have facilitated the growth in the number of parks, gardens or arboretums. Such rising number of parks and gardens are expected to register growth in demand of garden digging tools in the market. Besides this, the increasing number of plantation activities undertaken by NGO’s and other social organizations are also expected to positively impact the growth of garden digging tools market.
Many of the regional governments are undertaking efforts to boost up park tourism in many regions. One of which includes United Kingdom. Such initiatives are also expected to positively contribute towards the development of garden digging tools market in the coming years.
Drivers for Garden Digging Tools Market
The rising urban gardening amid the outbreak of the novel coronavirus is one of the major reason that has facilitated the growth of garden digging tools in the past few months. Individuals are taking up new hobbies as they continue to quarantine themselves due to the pandemic outbreak.
Gardening is one of the highly adopted hobby. This changing lifestyle amid the coronavirus outbreak has positively impacted the growth of garden digging tools market.
The rising concerns over food supply chain in the initial stages of pandemic outbreak facilitated growth in the indoor gardening activities. The panic created due to shortage of food supply and availability of abundance of time contributed to a surge in the backyard gardening. All of this has resulted in an increase in demand of garden digging tools in the market.
Trends for Garden Digging Tools Market
The rising trend of plant parenting among millennials is another factor that is likely to fuel garden digging tools market growth. Today, it is not only the baby boomers who take interest in gardening but even millennials increasing attraction towards houseplants is expected to rise the demand for garden digging tools in the coming years.
The current houseplant trend, is attracting and engaging more millennials in gardening activities. There are many houseplant influencers on social media encouraging to take up gardening as a hobby. This rising trend is further likely to fuel growth in garden digging tools market.
Opportunities for Garden Digging Tools Market
The increasing realization of the remedial impacts of being in nature or between nature has further increased the adoption of gardening activities and development of public parks and gardens. All of these factors are likely to open up new growth opportunities for the players in the gardening tools market.
As the adoption of gardening activities increase the demand for garden digging tools is further expected to rise opening new doors of opportunities for garden digging tool providers.
Challenges for Garden Digging Tools Market
The novel coronavirus outbreak has resulted in market disruptions. As the regional governments have imposed restrictions on the movement, the supply chain and business operations of various markets are hampered. In case of garden digging tools, the players in the market did experience a stable demand surge but faced challenges and problems in terms of delivery and supply of goods.
Such temporary supply and delivery challenges in the garden digging tools market has impacted the sales in the market.
Some of the key players operating in the global garden digging tools market are
These players are highly focused on improving their online presence in the market that is further expected to boost the sales of garden digging tools.
North America and Europe together account for a significant share in the garden digging tools market as the adoption of gardening activities is high despite of minimalist living spaces and skyscrapers. Due to pollution concerns, the number of environmental campaigns and plantation activities for a social cause in East Asia and South Asia are rising.
This increase is expected to register growth in the garden digging tools market in East Asia and South Asia. Other regions like Latin America and Oceania are also expected to register a stable growth due higher adoption of gardening activities by millennials.
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