As per Future Market Insights, the hedge trimmers market is anticipated to attain a value pool of USD 700 million by 2023-end. Global demand for hedge trimmers is expected to rise at a CAGR of 5.5% to USD 1,200 million in 2033.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2023 | USD 700 million |
| Projected Market Value in 2033 | USD 1,200 million |
| Growth Rate (2023 to 2033) | 5.5% CAGR |
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The increasing popularity of smart gardening technology is also driving the hedge trimmers market. Smart gardening technology involves the use of sensors, automation, and other technologies to optimize gardening and landscaping tasks.
This technology is being used in hedge trimmers to enable greater precision and accuracy, reduce waste, and increase efficiency. For example, some hedge trimmers feature sensors that can detect the density and thickness of the hedge, enabling the trimmer to adjust the cutting power automatically for optimal results. As smart gardening technology continues to evolve, it is expected to drive the demand for more advanced hedge trimmers.
The hedge trimmers market is also being driven by the increasing availability of replacement parts and accessories. Hedge trimmers require regular maintenance and replacement of parts, such as blades, filters, and batteries, to ensure optimal performance. With the growing availability of replacement parts and accessories, operators can extend the life of their hedge trimmers and avoid the need to purchase new ones. This has contributed to the overall growth of the hedge trimmers market.
The hedge trimmers market presents several opportunities for growth and expansion, driven by a variety of factors. Among the primary opportunities is the development of specialized hedge trimmers for commercial and industrial applications. As more businesses and municipalities invest in landscaping and outdoor beautification projects, the demand for specialized hedge trimmers that can handle larger and more complex jobs is expected to increase.
This presents an opportunity for manufacturers to develop hedge trimmers that are specifically designed for commercial and industrial applications, with features such as longer blades, increased cutting power, and greater durability.
Lightweight hedge trimmers have become increasingly popular in the market in recent years. With the increasing use of battery-powered and cordless hedge trimmers, manufacturers have focused on reducing the weight of these tools to make them more comfortable and easier to handle for users. Lighter hedge trimmers also help reduce user fatigue during extended use, which is important for both professionals and homeowners who have large hedges or multiple trimming projects.
Many manufacturers are now incorporating lightweight materials like aluminum and magnesium into their hedge trimmer designs to reduce weight. In addition, some models feature compact designs and ergonomic handles that improve balance and reduce strain on the arms and shoulders. The popularity of lightweight hedge trimmers is expected to continue growing as customers increasingly prioritize ease of use and comfort when selecting hedge trimming tools.
There is a growing interest in hedge trimmers with telescoping shafts in the market. Hedge trimmers with telescoping shafts typically have adjustable locking mechanisms that allow users to set the desired length for their specific trimming needs. This feature also makes hedge trimming safer as users can stand on solid ground while trimming hard-to-reach areas.
The growing interest in telescoping shafts is attributed to their ability to improve the trimming experience and make it more convenient and efficient, especially for users who work on a variety of different hedge and shrub types. Therefore, it is expected that this trend will continue in the future as customers prioritize the versatility and convenience of their hedge trimmers.
The consumption rate will see a healthy rise in the near future and, with an optimistic and egregious growth outlook in the long run.
Hedge Trimmers market growth will be fueled by increasing interest in DIY activities related to gardening which in turn has resulted in increased spending on gardening tools. Moreover, the power enabled gardening tools have found immense popularity in terms of their usage at affordable price has advocated their demand.
Growth of urban farming and landscaping of urban public spaces has been instrumental in further development of hedge trimmers market.
Moreover, in the coming years, the market will benefit from a significant rise in the manufacturing of gardening equipment and technical advancements in conventional equipment.
Individuals have become more involved in planting as a result of battery-powered trimmers and lightweight gardening equipment are in constant demand. The electronic hedge trimmer is a dependable and powerful tool that offers excellent services for trimming shrubs, hedges, and bushes, resulting in development in the electric segment of the market.
The demand for landscaping is rising in order to provide an aesthetic appeal to commercial properties. This is expected to drive the global hedge trimmer market considerably.
For instance, the potential of infrastructure construction activities, public gardens, tourism and hospitality infrastructure, amusement parks, and other similar services has grown exponentially and is expected to continue to do so in the future.
The USA and Canada in the last few years has seen the rise of residential end users, which include DIY enthusiasts and homeowners. These end users dominated the market until now.
Although the commercial end users of North America, which include amusement park, public hotspots, landscape service providers, lawn and tree care providers, etc. will show promising figures in the forecast period. The segment will leave salubrious effect on the market in forecast period 2021 to 2031.
The construction sector's recovery in the United States would have an effect on sales in 2021. The building industry in the United States is expected to have a difficult year, but there is increasing hope that low mortgage rates will lead to a rebound in early 2022.
In Europe, the outdoor power equipment industry is transitioning from fuel-powered to electric-powered equipment due to rising environmental issues and a growing number of stringent government regulations related to carbon emissions. The electric segment of hedge trimmer will have ameliorating effect on its market in the forecast period 2021 to 2031.
The region was severely affected by Covid-19 pandemic outbreak and is still adjusting to new normal. The silver lining being, construction industry in Europe is leading the hedge trimer market to grow at a faster pace than the USA market especially in the electric segment of the market.
Extensive research and development from companies like Husqvarna AB, LEA-Europe, etc. in eco-friendly product will drive the market in Europe. The government being an impulse producer for eco-friendly outdoor power equipment is driving the manufacturers to make emphasis on electric hedge trimmers.
Some of the leading manufacturers and suppliers of hedge trimmers include
The behemoth manufacturers are focused more in acquiring numerous small manufacturers to gain market lead. This has been the key strategy of expansion used by many market players present in the market. The electric hedge trimmer is expected to be a prominent segment in electric gardening tools in the forecast period as the companies have strong capabilities of research and development in the field of outdoor power equipment.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
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Hedge Trimmers Market
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