The Garden Carts and Wheelbarrows Market is driven by growing popularity of gardening activities

The garden carts and wheelbarrows market has been gaining significant traction over the recent past, primarily driven by the growing popularity of gardening and related activities among the general population across the world. Garden carts are designed to transport plants, soil, fertilizers and other gardening equipment and supplies around the yard or garden. On the other hand, wheelbarrows are light, sturdy units designed to transport dirt, mulch, compost and other goods in small loads across short distances. Some of the key advantages of using garden carts and wheelbarrows include their maneuverability, ease of handling heavier loads compared to carrying them by hand and preservation of energy. 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. The demand for garden carts and wheelbarrows has been witnessing significant rise over the past few years owing to the growing popularity of gardening, landscaping and related do-it-yourself (DIY) activities. Several manufacturers are emphasizing on expanding their regional presence across developing markets to tap the rising demand.

Market drivers
One of the major drivers for the garden carts and wheelbarrows market is the growing popularity of gardening among home owners and professionals. Various studies have indicated that gardening helps in reducing stress and anxiety levels. It is also known to have calming effects. With growing health consciousness, more people are considering gardening as a hobby or part-time profession. This is positively impacting the demand for garden carts and wheelbarrows for transporting gardening equipment and supplies within the premises.

Geographical Regions with High Concentration in Garden Carts and Wheelbarrows Market

North America dominates the global Garden Carts and Wheelbarrows Market in terms of value, accounting for over 35% share. This can be attributed to factors like large number of households with gardens and backyard areas in countries like the US and Canada. Also, rising spending power and high awareness among consumers regarding lawn and garden care products drive the market growth. Within the region, the US holds the leading position on the back of established distribution channels of key players and expanding DIY and home improvement industry.

Asia Pacific is projected to witness fastest growth during the forecast period owing to increasing middle class population, growing interest in gardening as a hobby, and improving living standards in countries like China, India and Japan. China contributes significantly to the regional market share, while India is recognized as the emerging hotspot, where sales of garden carts and wheelbarrows are expanding at a rapid pace year-on-year due to boom in landscaping and horticulture activities.

Fastest Growing Regional Market for Garden Carts and Wheelbarrows - Asia Pacific

Asia Pacific exhibits high potential for growth and is emerging as the fastest growing regional market for garden carts and wheelbarrows. Improvement in consumer spending patterns along with rising affluence levels have fueled the home and gardening products industry across developing Asian countries in recent years. This includes large and populous economies such as India and China, which are focusing extensively on developing their horticulture and landscaping sectors. For instance, the Indian government has launched several initiatives to promote gardening as a hobby among citizens. Hence, demand for associated tools including garden carts and wheelbarrows is increasing at a noteworthy rate.

Moreover, the expansion of major retailers like Home Depot and Lowe's into new Asian markets has enhanced product visibility and accessibility. Domestic players are also catering to the rising requirements through novel product innovations. The warm weather conditions prevalent through much of Asia also drive interests in setting up landscape and greenspaces. Considering these factors, garden carts and wheelbarrows market is anticipated to experience accelerated growth across the Asian region over the foreseeable future.