Lawn and Garden Equipment Market Size 2023, Top Players Growth Drivers, Demands, Regional Share, Competitive Trends and Forecast 2030

Research Reports

Feb 09, 2023

Lawn and Garden Equipment Market Future Insights

According to MRFR analysis, the global Lawn and Garden Equipment Market is expected to register a CAGR of ~ 13 % to hold a value of over ~USD 49,095.88 billion from 2021 to 2030.

The extension of the gardening and landscaping industry and the acceptance of cutting-edge technology are the significant market drivers enhancing market growth of lawn and garden equipment. The essential for more modern lawn and garden equipment is anticipated to increase, boosting the industry’s expansion. More end users are stimulated to invest in the market due to the improved accessibility of newly developed products, which improves market prospects. As consumers occupy more time in their home regions, the COVID-19 epidemic has become a positive aspect. It is a growing demand for the product as a result.
Market Growth Factors

  • The critical aspect in ensuring proper maintenance and landscaping of the golf courses
  • The rise in the adoption of technologically advanced lawn and garden equipment The rise in the number of golf courses

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Key Companies in the lawn and garden equipment market include

  • The Toro Company
  • MTD
  • Kubota Corporation
  • Briggs & Stratton Corporation
  • Husqvarna Group
  • Deere & Company

Lawn and Garden Equipment Market Segmentation

The global Lawn and Garden Equipment Market has been segmented into type and end-use

Based on the Type, The global Lawn and Garden Equipment Market has been segmented into Lawn Rider, Lawn ZTR, Walk Behind, Snow Throwers, and Trimmers and Edgers

Based on the End-Use, The global Lawn and Garden Equipment Market has been segmented into Residential and Commercial

Report Attribute/Metric

Details

Market Size 2021

USD 18,467.9 million

Market Size 2022

USD 20,868.727 million

Market Size 2030

USD 49,095.88 million

Compound Annual Growth Rate (CAGR)

13% (2022-2030)

Base Year

2021

Market Forecast Period

2022-2030

Historical Data

2018 & 2020

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

Type, End-Use, and Region

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Lawn and Garden Equipment Market Regional Analysis

North America Lawn and Garden Equipment market accounted for USD 7,719. 60 million in 2021 and is anticipated to exhibit a significant CAGR growth during the study period. It is a result of the region’s consumers’ increasing disposable income and standard of living. Moreover, the region’s market is expanding owing to the growing automation sector and the accessibility of raw materials.

Europe’s lawn and garden equipment market accounts for the second-largest market share owing to the growing demand for electric lawnmowers and the enlarging adoption of green landscaping services. Further, the German lawn and garden equipment market held the largest market share, and the UK lawn and garden equipment market was the fastest-growing market in the European region.

The Asia-Pacific Lawn and Garden Equipment Market is anticipated to grow at the wildest CAGR from 2022 to 2030. It is due to increasing commercial & residential construction activities by actual estate owners. The growing usage of energy-efficient mowers and GPS-enabled equipment acceptance lays the foundation for future growth. Furthermore, the development of the aesthetic appeal of yards and lawns has been mandated by imminent sporting events, such as the “Olympic Winter Games Beijing 2022,” which has boosted the increase of the lawn and garden equipment market. Moreover, China’s lawn and garden equipment market held the largest market share, and the Indian lawn and garden equipment market was the fastest-increasing market in the Asia-Pacific region.

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL LAWN AND GARDEN EQUIPMENT MARKET, BY TYPE

1.1.2 GLOBAL LAWN AND GARDEN EQUIPMENT MARKET, BY END USE

1.1.5 GLOBAL LAWN AND GARDEN EQUIPMENT MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 TOP-DOWN AND BOTTOM-UP APPROACH

3.6 FORECAST MODEL

3.7 LIST OF ASSUMPTIONS

…Continued.

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Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.

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