Report : North America Flexible Garden Hoses Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Regular Hoses, Soaker Hoses, Sprinkler Hoses, Expandable Hoses, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Regular Hoses Segment to Dominate North America Flexible Garden Hoses Market during 2021-2028
According to a new market research study on “North America Flexible Garden Hoses Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Type, Distribution Channel and Country,” is expected to reach US$ 353.04 million by 2028 from US$ 255.39 million in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report provides trends prevailing in the North America flexible garden hoses market along with the drivers and restraints pertaining to the market growth. Rise in gardening activities and increase in demand for expandable hoses are major factors driving the growth of the North America flexible garden hoses market. However, volatility of raw material prices may hinder the growth of North America flexible garden hoses market.
In North America, the US reported a huge number of COVID-19 cases. The country also faced significant consequences of the scarcity of workforces, which has hindered the manufacturing of flexible garden hoses in early 2020. However, later in mid-2020 flexible garden hoses sales begun to rise. Social distancing and home confinement during the first wave of COVID-19 proved critical in helping governments flatten the infection curve; on the other hand, it raised concerns about possible negative consequences such as prolonged isolation or a sedentary lifestyle. In this scenario, gardening activities emerged as a significant trend due to their ability of reducing stress and home confinement-related dilemma. Furthermore, with the reopening of several enterprises, rapid pace of vaccine development and administration to public, and initiatives taken by various governments to support economic and industrial growth, the demand and production of flexible garden hoses is anticipated to rise across North America in the coming years.
The market for North America flexible garden hoses is segmented into type, distribution channel and country. Based on type, the market is segmented into regular hoses, soaker hoses, sprinkler hoses, expandable hoses, and others. In 2020, the regular hoses segment held the largest share in North America flexible garden hoses market. Based on distribution channel, the North America flexible garden hoses market is divided into supermarkets and hypermarkets, specialty stores, online retail, and others. The online retail segment is expected to be the fastest growing segment over the forecast period. Based on country, the North America flexible garden hoses market is divided into US, Canada and Mexico. In 2020, US held the largest share in North America flexible garden hoses market. Furthermore, in this present scenario of COVID 19 pandemic, the North America flexible garden hoses market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North America countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for flexible garden hoses.
Swan Products LLC, Legacy Manufacturing Company, Fiskars Group, Gilmour, Teknor Apex Company, Briggs & Stratton, Terraflex, Craftsman, Flexon Industries, Water Right, Inc, and Melnor, Inc. are some of the leading companies in the North America flexible garden hoses market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.