Lawn and Garden Equipment Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024

Description

The Global Lawn And Garden Equipment Market reached a valuation of USD 38.9 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2032. The rising popularity of urban gardening and landscaping, particularly among city dwellers with limited outdoor spaces, is significantly driving demand for compact and efficient garden tools. As more people engage in gardening on balconies, rooftops, and small yards, there is a growing need for high-performance yet space-saving equipment. Additionally, the industry is shifting toward sustainable gardening practices, fueling the demand for eco-friendly tools and equipment.

Technological advancements are reshaping the lawn and garden equipment market. Innovations such as automated lawnmowers and irrigation systems enhance user convenience, operational efficiency, and water conservation. These automated devices have become more affordable, especially among residential users. This trend is contributing to the broader expansion of the market as consumers seek solutions that simplify lawn and garden maintenance while also supporting sustainable practices.

The market is segmented by product type into categories such as blowers, chain saws, cutters & shredders, tractors, lawnmowers, sprinklers & hoses, and others like pruners and diggers. Among these, lawn mowers led the market in 2023, generating a significant share of USD 11.6 billion. This segment is expected to continue its growth at a CAGR of 6.8% from 2024 to 2032. Lawnmowers are essential in both residential and commercial settings, driving ongoing demand for both push and riding models. Technological innovations, including battery-powered and autonomous mowers, contribute to segment growth, offering more efficient and environmentally friendly alternatives to traditional gas-powered models.

Market Scope
Start Year	2023
Forecast Year	2024-2032
Start Value	$38.9 Billion
Forecast Value	$67.5 Billion
CAGR	6.4%

In terms of distribution channels, the market is divided into online and offline segments. Offline retail channels accounted for 64.5% share in 2023 and are anticipated to grow at a CAGR of 5.9% through 2032. Despite the surge in online shopping, brick-and-mortar stores such as department stores, specialized retailers, and garden centers continue to dominate. These physical outlets offer customers the advantage of hands-on product inspection and personalized service, which remain valuable despite the rise of digital commerce.

U.S. lawn and garden equipment market was valued at USD 8.1 billion in 2023 and is projected to grow at a CAGR of 6.6% during 2024-2032. The country's large number of homeowners with expansive lawns, along with a strong DIY culture, positions it as a key player in the global lawn and garden equipment market. As demand for advanced and eco-conscious products rises, the U.S. continues to lead in both traditional and innovative lawn care solutions.

Product Code: 4410

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
1.5 Secondary

Chapter 2 Executive Summary

2.1 Industry synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Technological landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Urban gardening and landscaping trends
  - 3.7.1.2 Technological advancements (robotic mowers, smart irrigation)
  - 3.7.1.3 Increasing interest in eco-friendly and sustainable products
  - 3.7.1.4 Growth in home improvement and outdoor leisure activities
- 3.7.2 Industry pitfalls & challenges
  - 3.7.2.1 High maintenance costs of advanced equipment
  - 3.7.2.2 Environmental concerns regarding the use of fuel-powered tools
3.8 Consumer buying behavior analysis
- 3.8.1 Demographic trends
- 3.8.2 Factors affecting buying decision
- 3.8.3 Consumer product adoption
- 3.8.4 Preferred distribution channel
- 3.8.5 Preferred price range
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032 (USD Billion) (Million Units)

5.1 Key trends
5.2 Blowers
5.3 Chain saws
5.4 Cutters & shredders
5.5 Tractors
5.6 Lawn mowers
5.7 Sprinkler & hoses
5.8 Others (pruners, diggers, etc.)

Chapter 6 Market Estimates and Forecast, By Power, 2021 - 2032 (USD Billion) (Million Units)

6.1 Key trends
6.2 Manual
6.3 Electric powered
6.4 Gas powered
6.5 Others (gasoline powered, etc.)

Chapter 7 Market Estimates and Forecast, By Price, 2021 - 2032 (USD Billion) (Million Units)

7.1 Key trends
7.2 Low
7.3 Medium
7.4 High

Chapter 8 Market Estimates and Forecast, By End User, 2021 - 2032 (USD Billion) (Million Units)

8.1 Key trends
8.2 Residential
8.3 Commercial
8.4 Others (public parks, institutions, and community spaces)

Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021 - 2032, (USD Billion) (Million Units)

9.1 Key trends
9.2 Online
- 9.2.1 E-commerce
- 9.2.2 Company websites
9.3 Offline
- 9.3.1 Specialty stores
- 9.3.2 Home improvement stores
- 9.3.3 Others (individual, department stores, etc.)

Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2032, (USD Billion) (Million Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.4.6 Indonesia
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE

Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

11.1 Ariens Company
11.2 Briggs & Stratton Corporation
11.3 Deere & Company
11.4 Falcon Garden Tools
11.5 Fiskars Group
11.6 Honda Motor Co., Ltd
11.7 Husqvarna Group
11.8 Koki Holdings Co., Ltd
11.9 Kubota Corporation
11.10 Makita Corporation
11.11 MTD Holdings Inc
11.12 Robert Bosch GmbH
11.13 Stanley Black & Decker
11.14 STIGA S.p.A
11.15 Stihl Holding AG & Co. KG
11.16 Techtronic Industries Co. Ltd (TTI)
11.17 The Toro Company

Lawn and Garden Equipment Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032