September 8, 2021 11:28 ET | Source: Insight Partners Insight Partners
New York, September 8, 2021 (GLOBE NEWSWIRE) - The flexible garden hose market: key insights According to the latest research, the garden hose market is expected to increase from US$80946 million in 2019 to US$1.2519 billion by 2028; the compound annual growth rate from 2021 to 2027 is expected to be 4.9%.
Flexible garden hose market: competitive landscape and key developments Swan Products LLC, Legacy Manufacturing Company, GARDENA, Fiskars Group, Gilmour, Teknor Apex Company, Briggs & Stratton, Terraflex and Craftsman are the major players in the flexible garden hose market. Large companies focus on strategies such as mergers and acquisitions and product launches to expand their global geographic distribution and consumer base.
In 2020, Europe has the largest share of the global flexible garden hose market. COVID-19 has caused serious distress on a global scale. It has caused considerable damage to the public's mental health. Since the outbreak of COVID-19 in Europe, the level of stress and anxiety has risen sharply. The rising prevalence of mental illness in Europe has led to an increase in hobbies and recreational activities. As we all know, planting and gardening are hobbies that relieve stress and anxiety. Gardening is a great way to relieve stress because it keeps people busy and requires a lot of mental concentration. When the harvest and distribution of various commodities slows down due to the blockade, it also helps alleviate concerns about food security. The sales of fruit and vegetable seeds are on the rise worldwide. Increasing horticultural activity in Europe is driving the demand for gardening tools such as flexible garden hoses.
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Increased demand for expandable hoses: Expandable hoses are a relatively new garden hose. It can expand three times of its original length under water pressure, and can shrink to its original length when closed. This flexibility allows the expanded hose to drain automatically without kinks and tangles. There are several problems with traditional hoses. For example, in a traditional hose, to discharge water, the water must be held at different angles. However, in an expandable hose, the water will drain automatically. Another problem with traditional rubber hoses is kinks, knots or tangles. However, the kinks of the expandable hose are much less than the kinks of the corresponding rubber hose, because the latex it contains is more flexible than the hard rubber. Traditional hoses are difficult to handle; the longer they are, the heavier they are. However, expandable hoses are about five times lighter than traditional hoses. Once the water is stopped, the expanded garden hose will return to its original length, making it easier to store than traditional rubber hoses. Therefore, the growing demand for expandable hoses due to the various benefits provided by expandable hoses is expected to promote the development of the flexible garden hose market.
Flexible garden hose market: overview of market segments
According to the type, the flexible garden hose market is divided into ordinary hoses, soak hoses, sprinkler hoses, expandable hoses, etc. In 2020, the submerged hose segment is expected to achieve the highest growth rate. Unlike ordinary hoses, suction hoses are porous, allowing water to gradually seep out over the entire length of the hose. They are very effective in watering gardens and lawns and provide enough water for plants without wasting water. Soaking hoses help save water by providing suitable volume for plants and prevent water loss and water loss due to evaporation, which makes them very popular among gardeners and gardeners. Soaking hoses are a low-cost, versatile alternative to drip irrigation systems. They have round and flat designs. In addition, they are convenient to use and easy to install. For ordinary home gardens, the initial cost of soaking hoses is usually moderate. In addition, the soaking hose can keep the soil moist, but can prevent water accumulation. Therefore, they can prevent soil clogging and ensure better health of plants.
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According to the distribution channels, the flexible garden hose market is subdivided into supermarkets and hypermarkets, specialty stores, and online retail. The supermarket and hypermarket sectors are expected to have the highest growth rates. It provides various commodities and various garden hoses under one roof. In order to attract customers, various products are placed on the shelves of supermarkets and hypermarkets. In addition, they offer products at discounted prices to attract a large number of consumer groups. In addition, they are a highly accessible and convenient source of various products. The high passenger flow in supermarkets and hypermarkets makes it easier for garden hose manufacturers to reach a large customer base. They are highly focused on selling garden hoses through supermarkets and hypermarkets because these retail stores cover the whole country. This leads to high sales volume and increased profitability. Well-known garden hose manufacturers such as Melnor Inc., Gilmour, Flexon Industries, and Briggs & Stratton provide their products through leading supermarket and hypermarket chains in the United States and Canada (such as Walmart and Menards).
The impact of the COVID-19 pandemic on the flexible garden hose market The flexible garden hose market is severely affected by the scarcity of available workers, which hinders production capacity. However, due to the closure of the wholesale market, manufacturers are forced to rely mainly on supermarkets and e-commerce distributors to promote their flexible garden hose products, which has a positive impact on their market demand. Despite the global pandemic, sales of flexible garden hoses have increased. As the pandemic has led to a strong resurgence of gardening hobbies and increased awareness of the benefits of home gardening and clean air, flexible garden hoses are becoming more and more popular around the world. Gardening helps people maintain physical and mental health and reduces their crisis-related stress.
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In addition, maintaining social distancing and home quarantine during the first wave of COVID-19 outbreaks is essential to help the government level the infection curve, but it also raises concerns about possible negative consequences, such as long-term isolation or sedentary life. Way. In this case, gardening activities have been identified as a reasonable tool to reduce the impact of home isolation on mental health.
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