New York, US, May 19, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Research Report by Market Research Future (MRFR), “Lawn and Garden Equipment Market Information by Type, End-Use, and Region - Forecast till 2030”, the Lawn and Garden Equipment Market could thrive at a rate of 13% between 2023 and 2030. The market size will be reaching around USD 49,095.88 Million by the end of the year 2030
Lawn and Garden Equipment Market Overview
Lawn and garden equipment are machines and tools that are used for maintaining outdoor spaces such as lawns, gardens, and parks. This equipment range from simple handheld tools such as pruning shears and shovels to complex machines such as lawnmowers, leaf blowers, and hedge trimmers. Lawn and garden equipment are essential for maintaining the aesthetic and functional aspects of outdoor spaces.
The uses and applications of lawn and garden equipment are diverse and widespread. Lawnmowers, for example, are used for cutting and maintaining grass in outdoor spaces, while leaf blowers are used for removing leaves and debris from lawns and gardens. Hedge trimmers are used for pruning and shaping hedges and bushes, while chainsaws are used for cutting trees and branches. Other lawn and garden equipment includes water hoses, sprinklers, and pressure washers.
Market Competitive Landscape:
The affluent companies in the Lawn and Garden Equipment industry include
- The Toro Company
- MTDKubota Corporation
- Briggs & Stratton Corporation
- Husqvarna Group
- Deere & Company
- Among others.
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June 2020
John Deere, one of the top players in lawn and garden equipment, announced the launch of a new range of electric-powered zero-turn mowers. The new mowers are designed to provide zero emissions, reduced noise levels, and lower operating costs compared to traditional gas-powered mowers.
Lawn and Garden Equipment Market COVID 19 Analysis
The COVID-19 pandemic had a mixed impact on the lawn and garden equipment industry. While the pandemic resulted in the closure of retail stores and reduced consumer spending, it also led to an increase in demand for lawn and garden equipment due to the growing trend towards outdoor living and gardening. In the post-COVID scenario, the lawn and garden equipment market is expected to continue growing, driven by the increasing popularity of outdoor activities and the growing demand for sustainable and eco-friendly outdoor spaces.
Report Scope:
| Report Metrics | Details |
| Market Size 2030 | 2030: USD 49,095.88 million |
| CAGR during 2022-2030 | 13% CAGR |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, End-Use, and Region |
| Key Market Opportunities | The critical aspect in ensuring proper maintenance and landscaping of the golf courses |
| Key Market Dynamics | The rise in the adoption of technologically advanced lawn and garden equipment The rise in the number of golf courses |
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Lawn and Garden Equipment Market USP Covered:
Market Drivers:
The market driving factors for lawn and garden equipment include the growing trend towards outdoor living and the increasing popularity of gardening and landscaping. The rising demand for eco-friendly and sustainable outdoor spaces is also driving the market for electric-powered lawn and garden equipment. Additionally, the growth of the landscaping and lawn care industry is driving the demand for lawn and garden equipment.
Market Restraints:
Another market restraint for lawn and garden equipment is the seasonality of the industry. Demand for these products is highly dependent on the weather and the seasons, with peak demand occurring during the spring and summer months. This can lead to inventory management challenges for manufacturers and retailers, as they must manage their inventory levels to meet seasonal demand fluctuations.
Additionally, the increasing popularity of organic gardening and landscaping practices can also be a restraint for the industry. These practices often involve manual labor and natural methods of pest control, which can reduce the need for lawn and garden equipment. As more consumers adopt these practices, the demand for lawn and garden equipment may decline.
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Market Segmentation
By Type
The Type in the lawn and garden equipment market include Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Fluoropolymer, Polyether Etherketone (PEEK), Polyether Ketone (PEK), Polyaryl Etherketone (PAEK), and others
By End-Use
The End-Use in the lawn and garden equipment market includes Architectural and Industrial.
Lawn and Garden Equipment Market Regional Insights
In North America, the US is the largest market for lawn and garden equipment due to the high demand for residential and commercial landscaping services. The increasing trend towards sustainable landscaping practices and the adoption of technology-driven solutions are expected to drive the demand for lawn and garden equipment in the region. In addition, the increasing popularity of gardening as a hobby is also expected to drive the demand for lawn and garden equipment in North America.
In Europe, the market for lawn and garden equipment is driven by the increasing demand for landscaping services, especially in countries like Germany, France, and the UK. The trend toward sustainable landscaping practices and the increasing adoption of robotic lawnmowers and smart gardening solutions are also expected to drive the demand for lawn and garden equipment in the region.
In the Asia-Pacific region, the market for lawn and garden equipment is expected to witness growth due to the increasing disposable income and changing lifestyles of consumers in the region. The increasing adoption of Western-style landscaping practices and the growth of the real estate sector is also expected to drive the demand for lawn and garden equipment in the region.
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In addition, the increasing popularity of gardening as a hobby among the urban population is expected to create opportunities for the growth of the lawn and garden equipment market in the region.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
