REPORT OVERVIEW
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The global raised garden beds market size was USD 423.5 million in 2021. As per our research, the market is expected to reach USD 542.5 million in 2028, exhibiting a CAGR of 3.7% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with raised garden beds experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Gardening constructions called raised garden beds elevate the soil above the surrounding ground. To create an enclosed space, these beds are frequently constructed from wood, stone, bricks, or other materials. They can have a shape that is circular, square, or even rectangular. Raised beds provide many benefits, including greater drainage, better soil quality, less weed development, and simpler access for planting and upkeep. They are frequently used to cultivate plants, vegetables, herbs, and flowers, giving gardeners more control over the soil's composition and growth environment.
With raised beds, you can fill them with top-notch soil to provide your plants better drainage, aeration, and nutrient content. For plants that are sensitive to too much moisture, the raised construction helps to prevent waterlogging. Raised beds' clearly defined borders reduce weed growth, making it simpler to maintain your garden. Gardening is more pleasant thanks to the elevated height because it requires less bending or kneeling, especially for those with mobility concerns.
COVID-19 Impact: Industry Shutdown Causes Market Distortion
For consumer goods companies, the COVID-19 outbreak resulted in issues like unstable markets, a decline in client confidence, and challenges with import and export business. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, chemicals, and other items has become challenging due to lockdowns. It had a financial impact on the markets for consumers in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things.
Producers of consumers are focusing on protecting their workforce, operations, and supply networks in order to handle this urgent situation. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall consumer industry. This has partially impacted the raised garden beds.
LATEST TRENDS
"Vertical Gardening to Boost the Market Growth"
Vertical gardening within the raised garden beds industry involves the practice of growing plants vertically within the confines of a raised garden bed structure. In order to maximize their available space, gardeners can use vertical gardening. Even constrained or small locations, such balconies and patios, can be turned into useful gardening spaces by growing plants upward. By using vertical gardening, you can increase the number of plants you can grow in a given space while maintaining the same agricultural production and variety.
Vertical garden structures give outdoor areas aesthetic flair. They can act as living walls, providing a luscious and colorful backdrop that improves the garden's overall beauty. Plants can be arranged vertically to maximize sunlight exposure and minimize shadowing and competition for light among plants. The industry is anticipated to grow during the forecast period thanks to this trend. Thus, it is anticipated that the vertical gardening will increase overall market sales. These new developments and varieties in product are mostly to blame for the market's overall growth.
SEGMENTATION
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- By Types
Based on type, the market is classified into Wood Bed, Metal Bed & Polypropylene Resin Bed.
- By Application
Based on the market is categorized into Flowers, Fruits, Vegetables & Herbs.
DRIVING FACTORS
"Education Initiative that Gives the Market Extra Boost"
Educational initiatives within the raised garden beds involve integrating gardening and garden-based learning into educational settings such as schools, community centers, and other learning environments. A practical and engaging way for kids to learn about plant life cycles, ecosystems, botany, and nutrition is through raised beds. Students can witness and take part in the growth process firsthand. Science, math, the arts, and even literature can all be merged with gardening. It promotes interdisciplinary thinking and links among various fields of study. Initiatives including educational gardens help people have a better awareness of ecology, the environment, and sustainable living. Students gain knowledge about the value of biodiversity, composting, water conservation, and soil health. As a result, the growth, and the increasing education initiative will boost the market. It will contribute to the expansion of the consumer goods industry and it will improve the overall raised garden beds market growth.
"Technological Advancement to Encourage Market Expansion"
Technological advancements in the raised garden beds industry have brought innovation and convenience to gardening. Raised beds with intelligent irrigation systems that employ sensors and timers to adjust watering according to the amount of soil moisture and the weather. This guarantees more effective water use and healthier plant life. Some raised beds are equipped with equipment to track the development and wellbeing of plants. Gardeners can remotely monitor and manage their raised garden beds thanks to mobile applications and sensor-based technologies. In order to make timely modifications and well-informed decisions, sensors can give real-time data on soil moisture, nutrient levels, and environmental variables. Raised garden bed solutions are now stackable and flexible thanks to technological breakthroughs. Users of these systems can alter the design and height of their garden beds to suit changing needs and available space. Over the course of the forecast period, the aforementioned factors are anticipated to affect sales of the industry. This will increase demand for the product and help the industry as a whole to expand. The product line expansion is helping the market to grow.
RESTRAINING FACTORS
"High Maintenance Cost to Impede Market Expansion"
The market is being hampered by elevated bed maintenance costs, which are costly. While raised beds help slow the growth of weeds, they still need routine care, such as watering, fertilizing, and taking care of any potential pest problems. The continual maintenance may deter some people. Therefore, it is projected that these factors will constrain market growth throughout the forecast period. But this problem will be rectified in some way over time. If this issue is resolved, the market will immediately begin to expand.
REGIONAL INSIGHTS
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"North America Dominating the Market Across the Globe"
The market for raised garden beds in North America has benefited from the region's expanding industrial development and a number of driving factors that have boosted the potential sectors because this region is the product's primary user. The raised garden beds market share is increasing due to the rising product used in flowers, fruits, vegetables, and herbs. Rapid urbanization trends will help the market overall even more.
KEY INDUSTRY PLAYERS
"Leading Manufacturers to Boost Product Demand"
Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.
List of Market Players Profiled
- Gardener's Supply (U.S.)
- Everbloom (U.S.)
- Greenes Fence (U.S.)
- Frame It All (U.S.)
REPORT COVERAGE
The market segmentation by type and application is covered in great detail in the study. A wide range of participants, including current and potential market leaders, are examined in the study. A number of significant factors are expected to lead to a sizeable market expansion. In order to gain market insights, the research also looks at factors that could raise the share of raised garden beds market. Forecasts for market growth over the anticipated time period are made in the report. Explaining why one region dominates the global market is the goal of regional research. A number of properly considered factors limit the industry's ability to expand. A strategic analysis of the market is also included in the research. It contains comprehensive market data.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 423.5 Million in 2021 |
Market Size Value By |
US$ 542.5 Million by 2028 |
Growth Rate |
CAGR of 3.7% from 2021 to 2028 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the raised garden beds market expected to touch by 2028?
Based on our research, the raised garden beds market is projected to touch USD 542.5 million by 2028.
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What CAGR is the raised garden beds market expected to exhibit by 2028?
The raised garden beds are expected to exhibit a CAGR of 3.7% by 2028.
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Which are the driving factors of the raised garden beds market?
Education initiative that gives the raised garden beds market extra boost & technological advancement to encourage raised garden beds market expansion.
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What is the restraining factor of the raised garden beds market?
High maintenance cost to impede raised garden beds market expansion.