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China is One of the World Major Producers of Gardening Tools With the...

Research and Markets (http://www.researchandmarkets.com/reports/c28682) has announced the addition of Global Sources new report: China Sourcing Report: Gardening Tools to their offering.



This Reports Provides:

In-depth profiles of 15 major gardening tool manufacturers providing detailed information on suppliers product offerings, manufacturing capabilities and future plans. Based on in-depth factory inspections and exhaustive interviews with senior managers, this information is available nowhere else



Concise supplier-profile tables for 50 additional manufacturers containing core sourcing information such as production capacities, output ratios and major export markets

A Product Gallery featuring 125 best-selling gardening tools with detailed specifications and full-color pictures

The results of our latest supplier survey, summarizing price, product, production and R&D forecasts through 2005

This report covers: hand tools and equipment, powered tools and equipment, and water-management equipment

Benefits of This Report:

Learn the advantages of sourcing from Zhejiang province 's8212; Chinas main production base for gardening tools and a central sourcing hub for powered gardening tools

Find out which companies are upgrading their technological capabilities and what new products may emerge from these improvements

Discover what R&D teams are doing in China to make ergonomic tools that weigh less, but have more functions

Identify manufacturers that have direct export capabilities and also discover the advantages of importing through I/E companies



Summary

With Chinas exports of hand and water-management tools totaling US$123 million for 2003 alone, and powered tools growing, China is one of the worlds major producers of gardening tools and is well on its way to the top.



Suppliers in China offer three basic types of gardening tools's8212;hand tools, powered tools and water-management equipment. Because hand tools are the easiest and most inexpensive to produce, they dominate production and exports. The relatively mature product line accounts for about 70 percent of gardening tool exports from China.



Water-management equipment is the second largest product category, making up 20 percent of gardening tool exports. And although powered tools account for only 10 percent of export production, the product line is the fastest growing among the three types of gardening tools.



Hand tools covered in this report include shovels, spades, rakes, forks, scissors, mattocks, cultivators, trowels, pole pruners, loppers, saws, shears and sets made up of various combinations of these tools.



Water-management tools include basic hoses, hose reels and carts, fittings such as gardening hose nozzles and hose couplings, air hose reels and watering cans, and automatic equipment. Powered models include hedgecutters, tree pruners, leaf blowers, shredders, lawnmowers and chainsaws.



Increasing demand from the United States and the European Union is driving more gardening hand-tool makers to diversify into powered tools. In addition, many power hand-tool suppliers are also venturing into the gardening power-tool sector.



Expansion has so far been steady for this young industry. Exports grew 23 percent year on year from US$66.6 million pegged during the first six months of 2003 to US$81.7 million in 2004.



In the Global Sources Supplier Survey featured in this report, almost all respondents forecast an increase in sales in 2005. This optimism is partly due to makers planned expansion of output and capacity, and partly to the production of gardening tools shifting from other countries to China.



There is, however, the possibility of product saturation as Chinas output of gardening tools might be too much for markets to absorb. Demand in the US, for instance, is forecast to grow only by single digits until 2007. The EU was listed by majority of respondents as the market with the best export growth potential. To take advantage of this markets potential, China makers are buying equipment or building new factories, mainly to upgrade capability to deal with the technical requirements of producing environment-friendly gardening tools, which are popular in the EU.



Like almost all industries in China the gardening tools sector is also grappling with increasing raw material costs. As a result, many makers plan to inflate product prices in the year ahead.



For more information visit http://www.researchandmarkets.com/reports/c28682



Laura Wood

Senior Manager

Research and Markets

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Fax: +353 1 4100 980

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