The global Garden Carts and Wheelbarrows Market is estimated to be valued at US$ 2.78 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Garden carts and wheelbarrows come in various sizes and designs suitable for home as well as commercial use. They are made using long-lasting and durable materials like steel, aluminum, plastic and wood. Garden carts and wheelbarrows allow easy maneuvering and movement of gardening supplies and equipment. Their sturdy yet lightweight design enables effortless transportation of loads.
Market key trends:
With increasing inclination of people towards gardening and landscaping as a hobby, the demand for gardening equipment like garden carts and wheelbarrows has been rising consistently. Gardening has emerged as one of the most popular weekend activities among homeowners and a significant number of people are incorporating small vegetable patches, lawns and flower beds in their homes. This has fueled the sales of garden carts and wheelbarrows over the years. Moreover, proliferation of home and garden improvement TV shows as well as online videos and blogs focusing on landscaping ideas has further inspired more consumers to develop green yards and gardens.
Segment Analysis
The global garden carts and wheelbarrows market is segmented by product type and end use. Based on product type, the garden carts segment dominated the market in 2022 and is expected to grow at a higher CAGR during the forecast period. Garden carts provide more storage space and mobility for outdoor tasks such as hauling soil, mulch, plants, and debris around the yard.
Key Takeaways
The global garden carts and wheelbarrows market is expected to witness high growth, exhibiting a CAGR of 7.0% over the forecast period, due to increasing homeownership and rise in outdoor lifestyle activities.
Regional analysis
North America dominated the global market in 2022 and is expected to maintain its leading position over the forecast period. This can be attributed to extensive adoption of DIY activities and availability of large lawn spaces in countries like the US and Canada.
Key players
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, and Amazon. The Gorilla Carts and Suncast Corporation have strong brand recognition and dominate the market.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it