Gardening Tools Market: Key Developments and Forecast Statistics 2024-2032 - PowerPoint PPT Presentation

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Gardening Tools Market: Key Developments and Forecast Statistics 2024-2032

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The global gardening tools market is currently valued at US$ 9.5 billion and is projected to expand steadily at a CAGR of 4.4% to reach a market valuation of US$ 13.4 billion by the end of 2032. Europe is expected to hold a significant market share of 29%, driven by technological advancements in hybrid electric gardening tools that enhance operational efficiency and reduce service costs. In 2023, the market size was estimated at US$ 8.7 billion, and by 2024, it reached US$ 9.5 billion. The commercial end-use sector is poised to dominate the market, fueled by the growing popularity of vertical gardens in urban areas. Moreover, the collective share of the top three countries in 2023 was 35.8%. Notably, gardening tools accounted for 26% to 30% of the global hand tools and power tools market as of 2022. – PowerPoint PPT presentation

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Title: Gardening Tools Market: Key Developments and Forecast Statistics 2024-2032

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