Market Introduction
The North America flexible garden hoses market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The U.S. is the largest producer of high-technology manufacturing. The plastics industry is a significant part of the US economy, with 18,500 plastic manufacturing plants around the country. Due to advance technology in North America market for flexible garden hoses is in demand. The Flexon Industries manufactures offers flexible garden hoses such as performance hoses, rugged hoses, lightweight hoses, flextreme hoses. These products are highly flexible and possess properties such as self-draining, non-kinking, non-twisting, and non-tangling. The gowning advancement in flexible garden hoses drive the market for these products.
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.
Market Overview and Dynamics
The flexible garden hoses market in North America is expected to grow from US$ 255.39 million in 2021 to US$ 353.04 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. Due to the rising working population and growing urbanization, stress among people is increasing, which can cause irritability, headache, stomach pain, even a heart attack, and worsen the preexisting condition of the body. However, in recent years, gardening has emerged as a recreational activity that helps to relieve stress. For instance, an experiment published in the Journal of Health Psychology compared gardening to reading as a stress-relieving activity. Compared to subjects who were assigned to read, subjects who were engaged in gardening had a greater stress reduction. Hence, the increasing adoption of gardening activities by the people is propelling the market growth. Further, gardening can also be used as a strategy to improve household food security and nutrition. Home gardens have also received a lot of attention in recent years. The number of people who grow organic food in the garden is increasing, especially in developed countries, and this is expected to increase the demand for garden supplies such as flexible garden hoses in the next few years. Thus, the rising number of gardening activities is catalyzing the development of the flexible garden hoses market.
Key Market Segments
Based on type, the regular hoses segment accounted for the largest share of the North America flexible garden hoses market in 2020. Based on distribution channel, the specialty stores segment accounted for the largest share of the North America flexible garden hoses market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America flexible garden hoses market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Swan Products LLC, Legacy Manufacturing Company, Fiskars Group, Gilmour, Teknor Apex Company, Briggs & Stratton, Terraflex, Craftsman, Flexon Industries, Water Right, Inc, and Melnor, Inc.
Reasons to buy report
North America Flexible Garden Hoses Market Segmentation
North America Flexible Garden Hoses Market -By Type
North America Flexible Garden Hoses Market -By Distribution Channel
North America Flexible Garden Hoses Market – By Country
North America Flexible Garden Hoses Market – Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 255.39 Million |
| Market Size by 2028 | US$ 353.04 Million |
| CAGR (2021 - 2028) | 4.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Flexible Garden Hoses Market is valued at US$ 255.39 Million in 2021, it is projected to reach US$ 353.04 Million by 2028.
As per our report North America Flexible Garden Hoses Market, the market size is valued at US$ 255.39 Million in 2021, projecting it to reach US$ 353.04 Million by 2028. This translates to a CAGR of approximately 4.7% during the forecast period.
The North America Flexible Garden Hoses Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Flexible Garden Hoses Market report:
The North America Flexible Garden Hoses Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Flexible Garden Hoses Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Flexible Garden Hoses Market value chain can benefit from the information contained in a comprehensive market report.
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