In 2022, the market for electric hedge trimmers is anticipated to be worth US$ 476.6 million. Between 2022 and 2032, sales of electric hedge trimmers are expected to increase at a CAGR of 5.6 percent, reaching a total of US$ 819.7 million. The use of electric hedge trimmers, also known as shrub trimmers or bush trimmers, increased at a value CAGR of 3.1 percent from 2016 to 2021. Electric hedge trimmers are frequently used to trim extra hedges to maintain healthy lawns. The current technological advancement, such as the battery-operated electric hedge trimmer, has encouraged more people to engage in gardening. Additionally, upgraded features such as variable speeds, low-noise blade movement, better blade sizes, Li-ion batteries, and the new device’s durability are added to Electric Hedge Trimmers.
Electric Hedge Trimmer Market: Dynamics
The rising popularity and need for gardening are the main factors propelling the global market for electric hedge trimmers. The macroeconomic factors driving the growth of the electric hedge trimmer market include rising urbanization, a shift in consumer attitudes toward landscaping, and a rise in awareness of tree planting across several nations.
The global Electric Electric Hedge Trimmer Market is expected to be significantly impacted by the large growth in sales of gardening equipment brought on by the rise in disposable income together with a rising interest in gardening. Additionally, the global Electric Hedge Trimmer Market will benefit significantly from the rapid expansion of the Asian gardening tool manufacturing sector and technological advancements in conventional Electric Hedge Trimmers.
A further factor that is expected to increase demand for electric hedge trimmers is the incorporation of an internal battery. Electric hedge trimmers are becoming very popular throughout the world as they are made to consume as little power as possible and deliver the perfect cut form when needed.
Throughout the forecast period, the Electric Hedge Trimmer Market is expected to be driven by all of the major driving variables listed above. The main restraints, including high manufacturing costs and high power consumption, could limit the growth of the worldwide Electric Hedge Trimmer Market during the forecast period.
Market Outlook for Electric Hedge Trimmers by Region
North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan), and MEA are the seven geographic segments that make up the global Electric Hedge Trimmer Market. Due to a rising interest in gardening among the populace, Europe is predicted to hold a sizable market share among the aforementioned nations. Due to its expanding economy and sizable population base willing to spend money on gardening tools, North America is expected to experience rapid expansion in the worldwide electric hedge trimmer market.
Additionally, the rise in landscaping activities in both the commercial and residential sectors, as well as an improvement in the standard of living throughout the region, are expected to contribute to APEJ’s anticipated positive growth in the global Electric Hedge Trimmer Market. Due to the rise in per-capita spending on gardening tools, MEA is one of the main emerging areas that will create significant opportunities in the worldwide Electric Hedge Trimmer Market over the forecast period.
Electric Hedge Trimmer Market: Prominent players
Prominent players in the global Electric Hedge Trimmer Market are
- American Honda Motor
- Robert Bosch
- The Toro Company
- Blount International
- GreenWorks Tools
- Stanley Black & Decker
For Critical Insights, Get a Sample Copy