Raised garden beds offer a crucial advantage in optimizing soil quality for plant growth. Gardeners can create an ideal environment for their plants by providing the ability to customize the soil composition. These beds enable precise control over factors such as drainage, nutrient content, and composition, ensuring that the soil meets the specific requirements of the chosen crops. This customization enhances soil fertility and facilitates optimal root development and water retention. The result is a thriving, well-nourished garden that promotes healthier plant growth and increases the likelihood of successful cultivation.
According to Data Bridge Market Research analyses, the Global Raised Garden Beds Market was valued at USD 68,111.32 thousand in 2022 and is expected to reach USD 288,111.32 thousand by 2030, registering a CAGR of 4.6% during the forecast period of 2023 to 2030.
"Rise in awareness and demand for improved soil boosts the market growth"
The global raised garden beds market is experiencing a significant boost due to heightened awareness and demand for improved soil content and drainage features. Consumers increasingly value the enhanced plant health and productivity of raised garden beds, which offer better control over soil composition. These beds facilitate optimal drainage, preventing waterlogged conditions that can hinder plant growth. As gardening enthusiasts prioritize sustainable and efficient cultivation methods, the market is witnessing a surge in the adoption of raised garden beds as a solution for superior soil quality and effective drainage, thereby driving its growth globally.
What restraints the growth of the global raised garden beds market?
“Risks associated with high temperatures during summers hinder the market growth”
The global raised garden beds market faces significant risks associated with high temperatures during summer. Elevated temperatures threaten plant health, reducing yields and impacting overall product quality. Heat stress can accelerate soil moisture evaporation, demanding increased irrigation efforts and potentially raising operational costs for garden bed users. Furthermore, extreme heat events may deter consumer interest in gardening, affecting market demand. The susceptibility of raised garden bed materials to heat-related degradation and reduced durability also presents a challenge.
Segmentation: Global Raised Garden Beds Market
The global raised garden beds market is segmented on the basis of product type, shape, price range, application, end-use, and sales channel.
- On the basis of product type, the global raised garden beds market is segmented into wood bed, polypropylene resin bed, metal bed, and others
- On the basis of shape, the global raised garden beds market is segmented into square, rectangular, oval, and round
- On the basis of price range, the global raised garden beds market is segmented into economy/mid-range and premium
- On the basis of application, the global raised garden beds market is segmented into vegetable, herb, flowers, fruits, and others
- On the basis of end-use, the global raised garden beds market is segmented into residential and commercial
- On the basis of sales channel, the global raised garden beds market is segmented into wholesalers/distributors, exclusive stores, multibrand stores, online retailers, and other sales channels
Regional Insights: North America is expected to dominate the Global Raised Garden Beds Market
North America is expected to dominate the raised garden beds market due to its robust manufacturing infrastructure and a substantial consumer base. The region's prominent manufacturing capabilities contribute to a diverse range of raised garden bed products. This variety and the region's large consumer market foster increased demand for these products during the forecast period. The availability of various types of raised garden beds in North America caters to the diverse preferences of consumers, further driving market growth.
Asia-Pacific is expected to experience substantial growth during the forecast period from 2023 to 2030 due to the region hosting most market players, ensuring increased product availability and fostering healthy competition. The rising number of research activities in Asia-Pacific further drives innovation in gardening technologies, contributing to the growing demand for advanced raised garden beds.
To know more about the study, visit: https://www.databridgemarketresearch.com/reports/global-raised-garden-beds-market
Recent Developments in Global Raised Garden Beds Market
- In October 2021, Keter acquired Casual Living Unlimited LLC and its sister company, Trigon Plastics LLC. This strategic move positions the company to enhance its circular capabilities by establishing an in-house supply of recycled resins. The acquisition ensures better control over manufacturing inputs, fostering sustainability and integration
- In February 2021, Gardener's Supply Company achieved B Corp (Benefit Corporation) Certification, reinforcing its commitment to balancing financial performance with social responsibility. With a history of promoting employee volunteerism, sourcing sustainable products, and contributing 8% of sales to the community, this certification enhances the company's market image and provides a competitive edge
The Prominent Key Players Operating in the Global Raised Garden Beds Market Include:
- Gardener's Supply Company (U.S.)
- Keter (U.K.)
- Everbloom Garden (U.S.)
- Vegega (U.S.)
- MinifarmBox LLC, (U.S.)
- JelionGarden (China)
- Raised Cedar Garden Beds (U.K.)
Above are the key players covered in the report, to know about more and exhaustive list of global raised garden beds market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Raised Garden Beds Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
