Flexible Garden Hoses Market is expected to reach US$ 1,251.90 million by 2028

by Sameer Joshi or 22-Sep-2021
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Report : Flexible Garden Hoses Market Forecast to 2028 - COVID-19 Impact and Global 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)

The scope of our recent study on the “Flexible Garden Hoses Market Forecast to 2028 – COVID-19 Impact and Global 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)” includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments, along with providing market share analysis.

The flexible garden hoses market was valued at US$ 853.25 million in 2020 and is projected to reach US$ 1,251.90 million by 2028; it is expected to grow at a CAGR of 4.9% from 2021 to 2028. Flexible garden hoses are the enhanced version of the conventional garden hoses that are commonly bulky to carry in a garden. A flexible garden hose is made with a firm inner membrane that enlarges when water fills in. The external cover protects the inner membrane from accidental punctures while the hose is in use. The flexible garden hose extends its length when there is a high pressure in water, and it shrinks back to a more compact size when the pressure is released.

Based on type, the flexible garden hoses market is segmented into regular hoses, soaker hoses, sprinkler hoses, expandable hoses, and others. The regular hoses segment held the largest market share in 2020. Regular garden hoses are all-purpose hoses used for watering lawns and home gardens. Usually, hoses are connected to a hose spigot or tap. Garden hoses are flexible, and their smooth exterior allows them to be pulled around trees, posts, and other obstructions. Garden hoses are usually strong enough to withstand scraping across rocks and being trodden on without leaking. They are generally made of soft plastics, rubber, polyurethane, and other different polymers.

The flexible garden hoses market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM). Europe accounted for the largest market share in 2020, whereas Asia Pacific is expected to become the fastest growing region during the forecast period. North America comprises matured markets, such as the US, which already have a major foothold in the flexible garden hoses market. The market in Asia Pacific is subsegmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. The market in the region is primarily driven by the increasing interest in gardening activities by the working and elderly population, rising disposable income, and growing consumer awareness about gardening activities. The increasing trend of modernization of gardening processes has also propelled the product demand across the region. Moreover, increasing consumer inclination toward gardening activities amid the COVID-19 crisis is driving the demand for gardening supplies, such as flexible garden hose.

Impact of COVID-19 Pandemic on Flexible Garden Hoses Market
The flexible garden hoses market has been significantly affected by a scarcity of available workers, which has hindered production capacity. On the other side, due to wholesale market closures, manufacturers were forced to rely primarily on supermarkets and e-commerce dealers to advertise their flexible garden hoses products, which has positively affected its demand in the market. Despite the global pandemic, flexible garden hoses sales have witnessed growth. For instance, the popularity of flexible garden hoses has grown across the world due to the rising COVID-19 cases globally. Since, the pandemic has led to a strong resurgence of the gardening hobby as well as increased the awareness regarding the benefits of home garden and clean air. Gardening helps people stay physically and mentally healthy and relieves them from the stress associated with the crisis. Additionally, social distancing and home confinement during the first wave of COVID-19 outbreak were critical in helping governments flatten the infection curve but raised concerns about possible negative consequences, such as prolonged isolation or a sedentary lifestyle. In this scenario, gardening activities have been identified as a reasonable tool to reduce the mental health consequences of home confinement.  Furthermore, with the opening of several growth markets across the globe, vaccination development, and initiatives taken by governments to support economic and industrial growth, the demand for the flexible garden hoses market is anticipated to grow at a positive pace in the coming years.

The report segments the flexible garden hoses market as follows:
Based on type, the flexible garden hoses market is segmented into regular hoses, soaker hoses, sprinkler hoses, expandable hoses, and others. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM).

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