Outdoor Power Equipment Market - By Type, By Power, By End User, Forecast 2024 - 2032

Global Outdoor Power Equipment Market will witness over 5.5% CAGR between 2024 and 2032 due to the expanding availability from leading companies. As manufacturers like Husqvarna, Stihl, and DeWalt increase their distribution channels, consumers have easier access to a wide range of outdoor power tools. This expansion includes traditional brick-and-mortar stores and online platforms, making it convenient for customers to purchase equipment from the comfort of their homes.

For instance, in July 2023, Kress Commercial's groundbreaking range of outdoor power equipment announced that it is now accessible at select dealerships in the United States and Canada. Kress Commercial introduced the industry's pioneering line of battery-powered OPE designed for professional landscapers powered by the innovative 8-minute CyberSystem.

Additionally, leading companies are introducing their products into new markets, both domestically and internationally, further fueling the growth of the outdoor power equipment market. With increased availability and accessibility, consumers have more choices, leading to a rise in demand for these essential tools for landscaping, gardening, and maintenance tasks.

The overall Outdoor Power Equipment Industry is classified based on type, power, end-use, and region.

The fuel based segment will register breakthrough growth from 2024 to 2032. This includes various equipment such as lawnmowers, chainsaws, trimmers, and leaf blowers that rely on gasoline or other fuels to operate. Despite the emergence of battery-powered alternatives, fuel based equipment remains popular due to its high power output and extended run times. Many professionals and homeowners prefer fuel-powered tools for their reliability and performance, especially for heavy-duty tasks. Additionally, the convenience of refueling and the ability to operate in remote locations contribute to the continued demand for fuel-based outdoor power equipment in the market.

The outdoor power equipment market share from the chainsaw segment will register a notable CAGR from 2024 to 2032. Chainsaws are essential for various outdoor tasks, including tree trimming, cutting firewood, and clearing debris. With the increasing popularity of outdoor activities and the need for efficient landscaping and forestry work, chainsaws are in high demand. Moreover, the advancement of battery-powered chainsaws is driving market growth, as they offer users a quieter, more environmentally friendly alternative to traditional gas-powered models. As homeowners, landscapers, and forestry professionals continue to rely on chainsaws for their outdoor tasks, the demand for these versatile tools could continue rising.

Latin America outdoor power equipment market will showcase a commendable CAGR from 2024 to 2032. As the region undergoes urbanization and economic growth, there is an increased focus on landscaping, gardening, and outdoor maintenance. Demand for outdoor power equipment such as lawnmowers, trimmers, and chainsaws is rising as homeowners and landscaping professionals seek efficient tools to maintain outdoor spaces.

Additionally, as environmental concerns grow, there is a shift towards cleaner and quieter alternatives, such as battery-powered equipment. With a growing population and expanding urban areas, the demand for outdoor power equipment in Latin America could continue to increase in the coming years. For instance, in April 2024, Magee Outdoor Power, a local dealer of Hustler outdoor power equipment situated in Magee, Mississippi, was honored as one of the top 2023 Hustler independent retailers in America during the manufacturer's Top Dealer Trip held in Cancun, Mexico.