Garden carts and wheelbarrows are essential lawn and garden tools that are used for carrying and moving items like soil, mulch, plants, gardening tools and debris. They provide an easy and convenient way to transport heavy items around the yard or garden. Garden carts come in different styles such as frame versions for bulk loads and basket versions for small loads. Wheelbarrows on the other hand have deep pans or trays to move damp, loose materials effectively. The growing trend of home gardening and landscaping along with increasing spend on outdoor living spaces has fuelled the demand for garden carts and wheelbarrows in recent years. Growing environmental concerns and people’s focus on organic farming have further propelled the market growth. The Global Garden Carts and Wheelbarrows Market is estimated to be valued at US$ 2.78 Bn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the Garden Carts and Wheelbarrows market are The Gorilla Carts, Mac Sports, Polar Trailer, Radio Flyer, Rubbermaid Commercial Products, Suncast Corporation, WORX, Ace Hardware, Costco, Home Depot, Lowes, Menards, Northern Tool + Equipment, QVC, Sam’s Club, Target, Tractor Supply Co., Walmart, Wayfair, Amazon. Key players are focused on new product development and launches to cater to the increasing range of applications in commercial and residential sectors.
The rising trend of sustainable gardening and organic farming is opening new growth opportunities for garden carts and wheelbarrows manufacturers. The increasing popularity of community gardens, urban farming and rooftop gardens in metro cities has boosted the demand for heavy duty and extra large capacity garden carts and wheelbarrows.
North America represents the largest regional market for garden carts and wheelbarrows globally followed by Europe and Asia Pacific. Leading manufacturers are expanding their presence in developing Asian countries and Latin American nations to tap the benefits of strong growth potential offered in these emerging economies.
Market Drivers
Increasing home renovation and landscaping projects: The rising trend of beautifying homes through outdoor upgrades like landscape design, hardscaping, lawn care etc. has boosted the sales of garden carts and wheelbarrows significantly. They help in easily transporting materials needed for various gardening, landscaping and renovation activities.
Growing emphasis on organic farming: The increasing focus on organic and sustainable farming practices is propelling the demand for garden carts and wheelbarrows from the agriculture sector. They enable easy transportation of fertilizers, compost, tools and farm produce.
Market Restraints
Availability of substitutes: The availability of alternative materials and equipment that can be used for similar applications somewhat limits the market potential of garden carts and wheelbarrows.
High cost of heavy duty models: Pricing of premium and heavy duty commercial grade carts and wheelbarrows suitable for large scale projects acts as a major constraint in their widespread adoption.
Segment Analysis
In terms of segments, plastic garden carts dominate the market accounting for over 35% share due to its lightweight, durable and affordable features. Plastic carts hardly rust and do not require any maintenance. Another emerging segment is pneumatic tire wheelbarrows which has gained traction owing to its inflatable tires that provide cushioned and smooth ride on any terrain. This sub-segment is projected to witness fastest growth during the forecast period.
Global Analysis
North America currently leads the global garden carts and wheelbarrows market with over 30% share. High spending on outdoor living and infrastructure in countries like US and Canada along with presence of major players has augmented the regional market. Asia Pacific is identified as the fastest growing region on back of rising homeownership rate, increasing disposable income and changing lifestyle in developing countries. China in particular has emerged as a high potential market attributing to rapid urbanization and real estate boom. Countries like India and Japan are also anticipated to offer lucrative opportunities for market expansion in the upcoming years.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
