Global Nylon String Trimmer Line market will reach 164.36 million US$ by the end of 2024

Publisher: QYResearch

Published Date: 2019/8/28

Industry Status

Global sales of Nylon String Trimmer Line has been increasing during the past six years with an average growth rate of 3%. Compared to 2017, Nylon String Trimmer Line market managed to increase revenue by 0.02 percent to $ 160.56 million worldwide in 2018 from $ 160.52 million in 2017. Overall, the Nylon String Trimmer Line market performance is positive, despite the historical fluctuations and weak economic environment.

Industry Forecast

The global Nylon String Trimmer Line market is expected to reach $ 164.36 million by 2024 from $ 161.59 million in 2019, growing at a CAGR of 0.34% from 2019 to 2024. And it is expected to reach 17014 K Pcs in 2024 in terms of volume.

Competition Status

Nylon String Trimmer Line industry is relatively fragmented with fierce competition. Speed is the world leading manufacturer in global Nylon String Trimmer Line market with the market share of 28.92%, in terms of revenue, followed by Mazzaferro, Rotary (Desert & Maxpower), ECHO, Husqvarna AB (RedMax), Arnold, DEWALT, STIHL, Shakespeare Monofilaments, Huaju Industrial, Zhejiang Hausys, Yao I and Ariens (Stens®). The top 14 listed companies accounted for 95% of the revenue market share in 2018.

Region Distribution

North America, Europe and Asia Pacific are the largest consumption regions, occupied about 96% of market share, in terms of volume. More than 45% of Nylon String Trimmer Line products were put into the North America market. And North America market is expected to keep being the biggest market with market share of 44.86% in 2024.

Development Tendency

In the coming years there is an increasing demand for Lawn & Garden Equipment in the regions of North America and Europe that is expected to drive the market for more advanced Nylon String Trimmer Line. Increasing of residential used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Lawn & Garden Equipment will drive growth in United States and Europe markets.

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