In 2017, according to the National Gardening Association (NGA), about 35% of households in the United States grew food at home or in community gardens. This means that the country has seen an increase of 2 million households participating in gardening activities, a 200% increase from 2008. ;
3》The global flexible garden hose market size was valued at USD 1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.
4》The offline distribution channel segment dominated the market with a market share of 78.5% in 2019. However, the online market is expected to expand at the highest CAGR of 5.4% during the forecast period. The growth of this market is attributed to the growing consumer inclination towards online shopping, which offers convenience from product selection to delivery.
5》In terms of revenue, traditional hose (PVC mesh hose) dominated the market with a market share of 62.7% in 2019. But soaker hoses are expected to grow at the highest CAGR of 6.1% from 2020 to 2027. The adoption of soaker hoses is increasing as they save up to 70% water compared to sprinklers.
– Excerpted from “Extensible Garden Hoses Market Size, Share & Trends Analysis Report By Product (Conventional, Soaker, Sprinkler, Expandable), By Performance, By Distribution Channel, By Region, And Segment Forecasts, 2020 – 2027” published by Grand View Research, a market research and consulting company