Hedge Trimmer Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the hedge trimmer market was valued at USD 680 million in 2022, and a CAGR of 5.5% is expected during the forecast period. The increasing popularity of smart gardening technology is driving the growth of the market significantly. Smart gardening technologies involve the use of sensors, automation, and other technologies to optimize gardening and landscaping tasks. This technology is being used in hedge trimmers to reduce waste, enable greater precision and accuracy, and increase efficiency. The increasing availability of replacement parts and accessories is driving the growth of the market. Hedge trimmers require regular maintenance and replacement of parts like blades, filters, and batteries to ensure optimal performance. Increasing need for equipment from commercial and residential purposes is growing the market significantly. The growth in demand is highly attributed to weather conditions.

Impact of Covid-19

During the pandemic, the demand for outdoor tools and equipment increased as people spent more time at home and focused on their gardens. The shift towards home improvement and gardening during the pandemic brought a positive shift in gardening projects. Additionally, with restrictions on various services, many individuals started to maintain their outdoor spaces for themselves, which further boosted the demand for hedge trimmers. Supply chain disruptions and manufacturing challenges affected the availability of these tools, leading to some fluctuations in the market. Overall, the effect of the pandemic was positive on this market. Participation in various sports activities like football, tennis, golf, and other sports are driving the growth of the market.

 Growth Drivers

The increasing adoption of smart gardening technology is driving the growth of the hedge trimmer market. Smart gardening involves the use of sensors and automation, so hedge trimmers are being used as they provide precision and accuracy. Due to the growing accessibility of accessories and replacement parts, the hedge trimmer market is being driven by this factor. The adoption of lithium-ion batteries is also driving the growth of the market. Vendors are compelled to increase the range of lawn mower products that use lithium-ion batteries due to advancements in battery technology. The development of Li-ion batteries is expected to have a positive impact on the hedge trimmer market, which was suffering due to the limitations of Ni-Cd batteries. Increasing demand for gardening tools like hedge trimmers is due to the adoption of this battery.

The introduction of green roofs in developed economies is one of the main reasons behind the growth of this market. The need for hedge trimmers increased during the summer and spring. Growing government initiatives to build garden areas, grasslands, and parklands are increasing the opportunity for sports like rugby, tennis, football, and other sports. Light-weight hedge trimmers are gaining popularity with time. Cordless hedge trimmers are gaining popularity during the forecast period. Growing government efforts to construct parks, lawns, and playgrounds are driving the growth of the market. Cities worldwide have been gradually adopting urban gardening to cope with the problems of pollution, shortages of food and clean water, and rapidly rising temperatures, among others. According to the UN food and agriculture organization, there is a shortage of food, clean water, and arable land. Creating a personal garden is beneficial and cost-effective. Therefore, the demand for hedge trimmers is increasing worldwide.

Segmentation

Type

·         Corded

·         Cordless

Application

·         Residential

·         Commercial

 Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Hedge Trimmers Market Application Segmentation

On the basis of application segmentation, the market is segmented into residential and commercial. The commercial segment in the hedge trimmer market accounts for the largest share during the forecast period due to increasing government initiatives in most parts of the world to save farms and gardens. Increasing industrialization is the biggest threat to this market. Increasing demand for eco-friendly hedge trimmers is driving the growth of the market worldwide. The residential construction sector is growing rapidly in Saudi Arabia by 5–7% due to increasing demand for residential housing development projects. With rising demand for residential houses, the market for hedge trimmers is also growing rapidly. Increasing demand for lawns and gardening is driving the growth of the market significantly.

Hedge Trimmer Market Type Segmentation

On the basis of type segmentation, the hedge trimmer market is segmented into cord, and cordless type hedge trimmers. Increasing demand for lawn, and yard landscaping is driving the growth in the market. Cordless hedge trimmers are highly in demand due to their cost-effectiveness, and efficiency. Increasing inclination of people towards gardening activities, is driving the growth of the market significantly. Hybrid hedge trimmers in the coming years is expected to gain popularity due to noise, and emission problems that are expected to increase in the coming years.

Hedge Trimmers Market Distribution Channel Segmentation

On the basis of distribution channel, the hedge trimmers market is segmented into offline distribution channel, and online distribution channel. Offline distribution channel is the leading segment in hedge trimmer market.

 Regional Outlook

On the basis of regions, the hedge trimmer market is segmented into 5 regions: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America was the leading segment in 2022 and is expected to remain the same during the forecast period. The increasing availability of gardening and farming land is available in the market and is growing the market significantly. The rapidly growing hospitality sector is also propelling the growth of the market. One of the world’s largest urban farms, which is available in Chicago, is an example of the increasing adoption of gardens and farms in this part of the world. The presence of countries like Germany, the UK, France, and Switzerland is driving the growth of the market due to the increasing interest of people in gardening.

Due to the presence of various key players in the region, the market is growing significantly in Europe, and North America.

Key Players

·         STIHL

·         Ryobi

·         Black and Decker

·         Honda

·         Echo

·         Green Works

·         Toro

·         Husqvarna

·         Cobalt

·         MTD

·         John Deere

·         Hitachi

·         Other Players

Global Hedge Trimmer Market research report presents a strategic analysis of the global Hedge Trimmer Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Hedge Trimmer revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Hedge Trimmer market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Hedge Trimmer Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Hedge Trimmer Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Hedge Trimmer revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

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In this report you can:

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What Kind of Decisions You Can Make Based on the Data in This Report?

This report detailed and all-inclusive data on Hedge Trimmer Market, providing valuable support to make vital decisions regarding:

·         Strategic planning;

·         Industry analysis;

·         Target Market/Marketing and sales;

·         Regional and country assessment and opportunity analysis;

·         Market entry into new product group or country;

·         Pricing of existing and new products;

·         New product development and Innovation in existing products;

·         Supply chain management;

·         Market evaluation;

·         Mergers, Expansions, Joint Ventures and acquisitions.

Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

·         Project managers;

·         Suppliers;

·         Traders;

This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

·         Management consultants;

·         Investment managers;

·         Financial professionals;

·         M&A managers.

Regional Coverage

The report on the global Hedge Trimmer Market breaks down the world into the following regions & countries and covers every single one of them:

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