During the forecast period, the market for electric hedge trimmers is anticipated to grow at a CAGR of 5.6%. The market is anticipated to be worth US$ 476.6 million in 2022 and US$ 819.7 million by 2032.
Due to increased production of gardening equipment and technological advancements in conventional equipment, there is an increase in demand for electric hedge trimmers. Due to their affordability, electric hedge trimmers are likely to see a rise in popularity in parks and private gardens. It is the most dependable tool for trimming extra bushes and shrubs and improving the aesthetics of gardening.
Due to its lower cost and ease of use, the electric hedge trimmer is more accessible to end users. Compared to other hedge trimmers in recent years, this electric tool requires less fuel consumption to lower the cost of raw materials.
Due to consumers’ increased interest in gardening and awareness of its advantages, the electric hedge trimmer market is expected to expand throughout the forecast period. During the forecast period, this may also lead to an increase in demand for electric hedge trimmers.
The market is expanding gradually and has a higher CAGR than the historical CAGR for the period of 2016 to 2021. On the other hand, infrastructure construction, public gardens, tourist and hospitality infrastructure, amusement parks, and other comparable services are expected to rise.
The Asia Pacific electric hedge trimmer industry is poised to develop in the future due to an increase in the number of home lawns and garden activities. The governments are developing various children and public parks to make the infrastructure more attractive, which might result in the electric hedge trimmer market growth during the forecast period.
The electric hedge trimmer market is dominated by Europe, which is predicted to gain 29% of the market during the forecast period. Future Market Insights predicts that during the forecast period, the market may grow due to rising environmental concerns and an increase in the number of strict government regulations governing carbon emissions. Electric-powered equipment is replacing fuel-powered equipment in the European outdoor power equipment market.
In 2021, the gardening category held a substantial share of the market. The growing need for gardens in residential complexes is driving the growth of the electric hedge trimmer market. Because consumers are willing to pay more for garden space, municipal planners and real estate agents are boosting their sales of these items.
Some of the key participants present in the global electric hedge trimmer market include
- American Honda Motor
- Robert Bosch
- The Toro Company
- Blount International
- GreenWorks Tools
- Makita, MTD
- Stanley Black and Decker
- Zhejiang Zomax Garden Machinery