GARDEN Trader 2024

Peter Chu From the Publisher First of all, compared to the fertilizer price in 2022, the price in 2023 has declined, but affected by the continuous inflation and the geopolitical conflict between the Ukrainian-Russian war and the Israel- Hamas war, the International Fertilizer Industry Association (IFA) predicts that the price in 2024 will still be at a high point. In addition, the integration of artificial intelligence, Internet of Things, big data and other technologies has become the future trend of gardening equipment, and has become the driving force behind the growth of the gardening equipment market. Smart horticulture tools such as automated irrigation systems, weather-based controllers, and sensor-based devices help optimize water usage, increase efficiency, and reduce human intervention. For example, in 2023 HOOKII, an innova- tion-driven, product-centered technology company, launched a robotic lawn mower. With a built-in 4,400mAh battery, it can mow up to 300 square meters on a single charge. In addition, aging is also affecting the gardening industry. According to the United Nations, the global population of people aged 65 and over is expected to increase more than double from 761 million in 2021 to 1.6 billion in 2050. As people age, they will need fun activities, and gardening can fulfill that need. It is gaining popularity among the older population. Many retirees and seniors take up gardening as a hobby to stay active in their leisure time, and it is recognized for its stress-reducing and mental health benefits. Gardening brings a sense of accomplishment and satisfaction when people see their plants flourish. For older people, this sense of fulfillment is especially beneficial for both physical and psycho- logical development. According to GIR (Global Info Research), the global horticulture equipment market will reach US$82.1 billion in 2022 and is expected to reach US$134.8 billion by 2030, with a CAGR of 6.4% during the forecast period of 2023-2030. Therefore, the global horticulture market is showing a positive growth trend in the long run. .com Find your ideal supplier on EASY TRADE TO ANYWHERE The premier Gardening buyer's guide 2024 12