Global Hedge Trimmer Market 2017-2021
About Hedge Trimmer
Hedge trimmers, also known as bush trimmers or shrub trimmers, are used to trim extra hedges to maintain healthy lawns. Innovations in technology like battery-operated hedge trimmers have encouraged more people to engage in gardening.
Technavio’s analysts forecast the global hedge trimmer market to grow at a CAGR of 5.27% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hedge trimmer market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales and sales by manufacturers directly of different types of hand-held and backpack powered-hedge trimmers - gas, electric, and battery-operated.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hedge Trimmer Market 2017-2021
Technavio recognizes the following companies as the key players in the global hedge trimmer market: American Honda Motor, ECHO, Husqvarna, Robert Bosch, STIHL, and The Toro Company.
Other Prominent Vendors in the market are: Blount International, Emak, GreenWorks Tools, Makita, MTD, RYOBI, Stanley Black & Decker, and Zhejiang Zomax Garden Machinery.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is adoption of eco-friendly fuel. Alkylate petrol is a new eco-friendly alternative to ordinary petrol, which can be used in small engines like that of garden equipment. Alkylate petrol does not contain harmful substances like sulfur, benzene, and aromatic hydrocarbons, which are found in ordinary petrol. Since alkylate petrol is purer than ordinary petrol, it does not damage the engine.”
According to the report, one of the major drivers for this market is reduction in the price of fuel used in hedge trimmers. Gas hedge trimmers are more powerful than electric hedge trimmers, and are, thus, preferred to electric hedge trimmers by many commercial users. A gas hedge trimmer has a two-cycle engine that is powered by a combination of petrol and engine lubricant. Most of the gas hedge trimmers need petrol and engine lubricant in the ratio of 25:1. Thus, a reduction in the prices of gasoline and oil can fuel the demand for gas hedge trimmers.
Further, the report states that one of the major factors hindering the growth of this market is uncertain cost of raw materials. The costs of major raw materials used to manufacture hedge trimmers have been fluctuating significantly over the past few years. Volatility in raw material prices adversely affects the profit margins of the manufacturers and is a major challenge to market growth. The manufacturers are striving to produce efficient hedge trimmers at affordable prices to cope with the intensely competitive environment in the market.
American Honda Motor, ECHO, Husqvarna, Robert Bosch, STIHL, The Toro Company, Blount International, Emak, GreenWorks Tools, Makita, MTD, RYOBI, Stanley Black & Decker, and Zhejiang Zomax Garden Machinery.