Global Power Lawn and Garden Equipment Market Size 2024, Forecast To 2033
28 Mar, 2024
The power lawn and garden equipment market has witnessed substantial expansion, starting from $78.82 billion in 2023 and reaching $84.74 billion in 2024, marking a CAGR of 7.5%. The growth in the historical period can be attributed to several factors including the increasing awareness of outdoor living spaces, rapid urbanization trends, a surge in demand for landscape services, the rising preference for automated tools, as well as population growth and housing density. Forecasts for the coming years indicate continued strong growth, with estimations predicting a market size of $108.15 billion by 2028, representing a CAGR of 6.3%. This anticipated growth is expected to be driven by the expansion of e-commerce platforms, the rise of do-it-yourself (DIY) culture, weather patterns and seasonal influences, shifts in consumer lifestyles, and a rise in outdoor recreational activities. Emerging trends include the adoption of battery-powered equipment, integration of smart technologies, solutions tailored for urban gardening, ergonomic enhancements, and user-friendly designs, alongside innovations in robotic lawn care.
Global Power Lawn and Garden Equipment Market Key Driver
The power lawn and garden equipment market is anticipated to witness growth, propelled by the increasing rate of home ownership across regions. Homeownership, indicative of residential property ownership, entails the responsibility of maintaining outdoor spaces. Power lawn and garden equipment play a pivotal role in property upkeep, enabling homeowners to create and sustain visually appealing outdoor environments. For instance, in March 2023, the Office for National Statistics projected a rise in UK households to 28.3 million, reflecting a 0.7% increase from the previous year. Additionally, the number of families in the UK reached 19.4 million in 2022. This surge in home ownership signifies a growing demand for lawn and garden maintenance equipment, thereby driving market growth. Looking ahead, as homeowners prioritize property aesthetics and functionality, the demand for power lawn and garden equipment is poised to expand further. (2023 Market Size: Not provided, 2024 Market Size: Not provided, 2028 Market Size: Not provided)
Get A Free Sample Of The Global Power Lawn and Garden Equipment Market ReportGlobal Power Lawn and Garden Equipment Market Segments
The power lawn and garden equipment market covered in this report is segmented –
1) By Type: Lawnmowers, Turf And Grounds Equipment, Trimmers And Edgers
2) By Distribution Channel: Direct, Indirect
3) By Application: Household Use, Commercial, Public Application
By Geography:The regions covered in the power lawn and garden equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the power lawn and garden equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power lawn and garden equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Power Lawn and Garden Equipment Industry Players
Honda Motor Co. Ltd., Hitachi Ltd, Deere and Company, Craftsman Automation, Andreas Stihl AG, Black+Decker,Inc, Textron Inc, McLane, Makita Corporation, Kohler Co., The Toro Company, TTI Inc., MTD Products Inc, Briggs & Stratton Corporation, Husqvarna AB, Blount International Inc, Worx, STIHL USA, EMAK, Ariens Company, Echo Inc, Brinly-Hardy, American Lawn Mower Co., MAT Engine Technologies LLC, Snow Joe LLc, Sun Joe, Talon, ZHONGJIAN
Get The Full Global Power Lawn and Garden Equipment Market ReportPower Lawn and Garden Equipment Market Overview
Power lawn and garden equipment refers to a broad category of tools and machinery designed to aid in the maintenance, care, and enhancement of outdoor spaces such as lawns, gardens, and landscapes. These tools are designed to help maintain and improve lawns and gardens.
Power Lawn and Garden Equipment Global Market Report 2023 provides data on the global power lawn and garden equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The power lawn and garden equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.