The Asia Pacific Lawn and Garden Water Equipment Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).In the year 2021, the Asia Pacific market's volume surged to 23 million units, showcasing a growth of 4.2% (2019-2022).
Market links and smart aquaculture are expanding in lawn and garden water equipment. Consumers are looking for things that can be monitored and controlled by smartphones or additional devices as more smart home gadgets are developed. This has prompted the creation of smart water controls that let customers schedule water usage and receive notifications when something goes incorrect with the system. Additionally, the desire for customized water solutions is rising. Customers appreciate goods that can be tailored to their unique requirements and preferences, whether irrigation or plant management systems.
As part of their efforts to increase green coverage, several sectors of the economy and corporate entities have frequently organized tree-planting campaigns. Industries and companies are working hard to create sustainability goals and invest heavily in delivering effective water management solutions to increase their market appeal. In an effort to lessen water scarcity, they also aim to reuse the wastewater. In the coming years, there is anticipated to be a rise in demand for lawn and garden watering equipment due to these industry-led safeguards and initiatives.
Sales of advanced watering equipment are anticipated to increase since India's agricultural sector contributes significantly to the country's GDP. The country's manufacturers are projected to benefit from supportive government policies that promote the transition from traditional, labour-intensive farming methods to more mechanized ones. JDHA estimated that there were about 5,000 home improvement businesses in Japan. Even before the outbreak, Japanese consumers expressed greater interest in do-it-yourself projects as local shows started highlighting DIY renovations starring Japanese celebrities. Hence, the expansion of the regional lawn and garden water equipment market is supported by all these factors.
The China market dominated the Asia Pacific Lawn and Garden Water Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $484.9 million by 2030. The Japan market is estimated to grow at a CAGR of 4.1% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.4% during (2023 - 2030).
Based on Usage, the market is segmented into Residential, and Commercial. Based on Control Type, the market is segmented into Semi-automatic, Automatic, and Manual. Based on Product Type, the market is segmented into Hose Pipe, Reels & Nozzles, Sprinklers, Watering Wands & Cans, Hand Pump Sprayer, Water Butt, and Parts & Accessories. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Lawn and Garden Water Equipment Market is Projected to reach USD 6.4 Billion by 2030, at a CAGR of 4.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Toro Company, KUBOTA Corporation, Stanley Black & Decker, Inc., Makita Corporation, Emak SpA (Yama SpA), Rain Bird Corporation, Mountfield Group PLC, Estwing Manufacturing Co., Inc., and Briggs & Stratton, LLC (KPS Capital Partners).
By Usage (Volume, Million Units, USD Million, 2019-2030)
By Control Type (Volume, Million Units, USD Million, 2019-2030)
By Product Type (Volume, Million Units, USD Million, 2019-2030)
By Country (Volume, Million Units, USD Million, 2019-2030)
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