Grafting Knives Market Forecast and CAGR
According to latest research by Fact.MR, Grafting Knives market is set to witness gradual growth during assessment period of 2021-2031. Demand for the gardening products and grafting knives will witness a stagnant demand for short term with optimistic growth in the longer period.
Inclination towards gardening and growing awareness for farming techniques is set to propel the demand for such products. Grafting knives market is expected to grow at a CAGR of 3.5% over the next 10 years.
What is Driving Demand for Grafting Knives?
Grafting is considered a horticulture technique where two plant tissues are joined to continue their growth together. The lower portion is called stock or rootstock and the upper portion is called Scion.
The technique is commonly used during asexual propagation for commercially grown plants in the horticultural and agricultural trades.
The emerging trend of gardening and home-grown vegetables along with awareness about different techniques of gardening and plantation via the internet and various social media platforms such as Pinterest, Facebook, and Instagram, etc. has fueled the overall demand for gardening products including grafting knives.
People intend to keep their plants in best of the condition and look forward for experiment with the information they get over the internet to improve their gardening habits. Hence, the culture for grafting of plants and demand for such products is increasing and gathering prominence among the consumer base.
Covid-19 Impact on Global Grafting Knives Market
Covid-19 has affected global economy all over the world and has prominently affected the market for grafting knives too. The pandemic has also disrupted the overall business supply chain and destructed the equilibrium.
Also, Covid-19 has imposed worldwide lockdown owing to hiking infection rate which had caused adverse health issues over the widely present consumer base.
People were compelled to stay at home during Covid-19 infections spreading rapidly. As people adopted various hobbies in their spare time and learned about various gardening and its techniques, the demand for gardening tools and grafting knives witnessed upsurge.
Grafting technique an ancient method, where two plant tissues are joined together for various purposes such as precocity, dwarfing, ease of propagation, hybrid breeding, hardiness, repair, etc.
However, regional regulatory bodies and government organizations have taken notable steps to tackle this pandemic crisis and fight in an efficient way.
Governments across the globe are emphasizing to robust their infrastructure owing to break the chain of virus and prosper the global potential during a long run.
Increasing living standards of individuals and growing desire for gardening as a hobby have created a demand for gardening tools during the forecast period.
Global Grafting Knives Market Geographical Outlook
The demand for grafting knives account for primarily four prominent regions including Asia Pacific, North America, Europe and Middle Eastern countries. Among these, countries India and China in Asia pacific region and countries in European region holds a dominant market potential to stimulate business.
Increasing consumer’s ease for improved ergonomics, the leading manufactures innovation helps them capture the market share of enthusiast gardeners and individuals in this regions.
Grafting, being a technique used to produce artificial trade plants combing properties of two different plants is deeply acknowledged by these region infusing innovation edge for ergonomics keeping consumer centric approaches.
Grafting originated back in than thousands of years ago over regions such as ancient China and India which are portraying potential of this key business efficiently. Agriculture being the prominent profession of western China, the demand for such gardening tools and grafting knives prevails in such regions.
Developments in the living standard of the people due to rapid urbanization, the demand for gardening tools and grafting knives has witnessed an upward trend in the North American Region.
More Americans are adopting gardening and grafting techniques to grow varieties of plants species. Similar trend is observed in European region as well.
Who are the Key Manufacturers of Grafting Knives?
Some of the leading manufacturer of Grafting Knives are
- AUSONIA NANUTTI BELTRAME SpA
- Felco sa
- RED ROOSTER
- Wopa B.V.
- Superior Fruit Equipment
- Zenport Industries
These leading plays a vital role in the supply of varied Gardening tools such as knives, shovels, files, axels, saws, power tools for gardening and various spare parts. Innovative, convenient use and durability of the tools makes it easier for the consumers to adopt the gardening practices derive the demand.
By Knife Type
- Straight Grafting Knives
- Foldable Grafting Knives
By Number of Blades
- Single Blade
- Multi Blade
By Graft Type
- Cleft Graft
- Bark Graft
- Side-Veneer Graft
- Splice Graft
- Whip and Tongue Graft
- Saddle Graft
- Bridge Graft
- Inarch Graft
By Sales Channel
- Super and Hyper Markets
- Convenience Store
- Direct Sales
- Third Party E-Commerce Sales
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
- North America
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