NEW YORK – The chainsaw market will witness a year-over-year growth of 2.16% in 2021, at a compound annual growth rate of 4.23% during the forecast period, according to the research report “Chainsaw Market by Product, End-User and Geography: Forecast Analysis 2021-2025.”
The report is segmented by product (gas-powered and electric-powered), end user (commercial and noncommercial end users) and geography (North America, Europe, Asia-Pacific, South America and Middle East).
Growing competition is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements, to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies, such as mergers and acquisitions, to remain competitive.
The report analyzes the market’s competitive landscape and offers recommendations on several vendors, including:
* Alfred Kärcher SE and Co.
* Andreas Stihl AG and Co.
* Husqvarna AB.
* Koki Holdings Co. Ltd.
* Lowes Companies Inc.