Product Code: ETC435842 | Publication Date: Jun 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Asia Pacific Shovels and Spades Market is forecast to reach a revenue of USD 5.13 billion by 2027, growing at an estimated CAGR of 4.5% over the 2021?2027 period owing to increasing demand for gardening tools in residential applications such as lawn care and landscaping activities. The market?s growth is further supported by rising awareness about urban green spaces among consumers, which has resulted in increased investments from government organizations towards developing public parks and gardens across major cities in the region.
Furthermore, favorable government initiatives related to agricultural development are expected to drive the regional shovels & spades market growth during the forecast years. For instance, in 2019, India launched a project called ?Har Khet Ko Pani? with an aim to provide potable irrigation water for all fields through pipes or other appropriate technology-based solutions by 2024?210025 fiscal year end (FYE). This initiative was undertaken under Pradhan Mantri Krishi Sinchai Yojana (PMKSY) which is likely to support farmers with their daily farming requirements including shovels & spades usage across rural areas of India during FY 2025?26.
Further key findings from the report suggest:
? As per product type segmentation, garden shovel segment held largest share of total revenue generated by this industry in 2020 due its high usage while digging holes for planting flowers, trees etc., due its long handle design feature enabling easy handling along with efficient digging capabilities
? In terms of application scenario based on sales channel structure; specialty stores witnessed highest growth rate during 2021-2027 period primarily because customers prefer personalized assistance while shopping for gardening tools like shovels & spades
? Manufacturers operating within China engaged into manufacturing low cost products coupled with easy availability thereby leading it capture major chunk of market revenues followed closely behind by Japan ? Other countries such as South Korea and Taiwan have also witnessed significant traction within overall industry owing presence large number local suppliers catering domestic needs successfully
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Shovels and Spades Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Shovels and Spades Market Revenues & Volume, 2020 & 2028F |
3.3 Asia Pacific Shovels and Spades Market - Industry Life Cycle |
3.4 Asia Pacific Shovels and Spades Market - Porter's Five Forces |
3.5 Asia Pacific Shovels and Spades Market Revenues & Volume Share, By Countries, 2020 & 2028F |
3.6 Asia Pacific Shovels and Spades Market Revenues & Volume Share, By Type, 2020 & 2028F |
3.7 Asia Pacific Shovels and Spades Market Revenues & Volume Share, By Application, 2020 & 2028F |
4 Asia Pacific Shovels and Spades Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Shovels and Spades Market Trends |
6 Asia Pacific Shovels and Spades Market, 2017 - 2028 |
6.1 Asia Pacific Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
6.2 Asia Pacific Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
7 China Shovels and Spades Market, 2017 - 2028 |
7.1 China Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
7.2 China Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
8 India Shovels and Spades Market, 2017 - 2028 |
8.1 India Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
8.2 India Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
9 Japan Shovels and Spades Market, 2017 - 2028 |
9.1 Japan Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
9.2 Japan Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
10 Australia Shovels and Spades Market, 2017 - 2028 |
10.1 Australia Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
10.2 Australia Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
11 Indonesia Shovels and Spades Market, 2017 - 2028 |
11.1 Indonesia Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
11.2 Indonesia Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
12 Philippines Shovels and Spades Market, 2017 - 2028 |
12.1 Philippines Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
12.2 Philippines Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
13 Malaysia Shovels and Spades Market, 2017 - 2028 |
13.1 Malaysia Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
13.2 Malaysia Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
14 Rest of Asia Shovels and Spades Market, 2017 - 2028 |
14.1 Rest of Asia Shovels and Spades Market, Revenues & Volume, By Type, 2017 - 2028 |
14.2 Rest of Asia Shovels and Spades Market, Revenues & Volume, By Application, 2017 - 2028 |
11 Asia Pacific Shovels and Spades Market Key Performance Indicators |
12 Asia Pacific Shovels and Spades Market - Opportunity Assessment |
12.1 Asia Pacific Shovels and Spades Market Opportunity Assessment, By Countries, 2020 & 2028F |
12.2 Asia Pacific Shovels and Spades Market Opportunity Assessment, By Type, 2020 & 2028F |
12.3 Asia Pacific Shovels and Spades Market Opportunity Assessment, By Application, 2020 & 2028F |
13 Asia Pacific Shovels and Spades Market - Competitive Landscape |
13.1 Asia Pacific Shovels and Spades Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Shovels and Spades Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |