Grass Trimmer Market - Global Industry Analysis, Size, Share, Trends, Growth, and Forecasts, 2019 - 2029
In recent years, there has been a substantial rise in the popularity of DIY activities for the improvement of suburban homes and gardens. With the improvement in the economic stability of masses, these activities are gaining good traction. DIY gardening is among the most popular activities, which is helping to push the sales of grass trimmer market in coming years.
The global grass trimmer market has a fragmented competitive landscape because of the presence of several notable companies. The market fragmentation is expected to rise over the course of the given period of forecast. The companies in the global market are expected focus on product innovation and design in order to drive maximum sales. Moreover, the companies are also expected to promote DIY activities and events in order to increase visibility of their products.
Some of the key companies operating in the global grass trimmer market are
There are myriad of factors that are helping to propel the overall development of the global grass trimmer market. One of the biggest driving factors for the development of the market is the increasing popularity of DIY activities. These activities, particularly for the improvement and betterment of homes and gardens is gaining immense traction. Naturally, this has helped in pushing up the growth of grass trimmers as it falls under the banner of DIY gardening. Moreover, the leading manufacturers have tried to capitalize on this rising trend by providing multi-functional grass trimmers. This move has been one of the leading growth factors for the global grass trimmers market.
Another important trend that is emerging in the global grass trimmers market is the increasing popularity of cordless or battery operated grass trimmers. This growth in popularity is due to the several benefits offered by the products such as zero emissions, high power, lightweight in nature, and highly mobile among others. In addition to this, the market leaders are now offering advanced cordless grass trimmers with improved efficiency, additional replaceable batteries, and quick charging features. Such additional features are thus helping to improve its market popularity and thus, drive the overall sales.
Europe, Middle East and Africa, Asia Pacific, Latin America, and North America are the five main regional segments of the global grass trimmer market. Of these, currently, the global market is being dominated by the regional segment of North America. The region is expected to provide highly lucrative growth opportunities in the coming years of the forecast period. The growth of the regional segment is mainly attributed to the launch of highly advanced and innovative products, rise in the use of online platforms to purchase tools for garden improvement, rising demand for multi-purpose and multi-functioning grass trimmers, and the increasing popularity of wireless grass trimmers. It is projected that nearly half of the global demand for grass trimmers will originate from North America during the given period of forecast ranging from 2019 to 2029.
On the other hand, the region segment of Asia Pacific is projected to have a promising rate of growth during the mentioned years as the demand is projected to rise from emerging countries such as India and China.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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