PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1235849
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1235849
Garden and Lawn Equipment Market Forecasts to 2028 - Global Analysis By Power (Gas, Electric and Manual), End User (Residential, Commercial and Municipal) and Geography
According to Stratistics MRC, the Global Garden and Lawn Equipment Market is accounted for $35.20 billion in 2022 and is expected to reach $59.37 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Tools used for trimming, lining up, cutting, and maintaining the lawn and garden structure are known as lawn and garden equipment. The increased demand for automated and technologically advanced garden equipment on golf courses, playgrounds, and residential properties is what led to the development of this equipment.
According to the RHS, home-grown bouquets will flourish in 2022. "Edibles and flowers will share space on the veg patch as people respond to the carbon footprint of shop bought flowers and turn to growing their own.
Market Dynamics:
Driver:
Rising demand for automated gardening equipment is a growing trend
Rising demand for lawn and garden equipment with contemporary designs. The increased accessibility of recently developed products is encouraging more end users to invest in the market, improving market prospects. Additionally, the lawn and garden market is expanding as demand for smart gardening methods such as GPS technology, auto brake systems, uniform cutting, and others grows. Customers can brand smart gardening as easy and timely maintenance. In addition, leading industry players like Deere & Company, AriensCo, and others are creating cutting-edge lawn mowers, trimmers, and other machinery.
Restraint:
High maintenance cost hampers growth
One of the most frequently used pieces of equipment in residential, golf course, and playground settings is gardening and lawn equipment. These tools are used on a daily basis. The downtime is increased, and the lawn cutting process is hampered by the unavailability and delays in the repairs and servicing of the lawn mowers, cutters, and other equipment. Hybrid power equipment is also in greater demand, but it also has a higher manufacturing cost.
Opportunity:
Growing demand for intelligent gardening
The market for lawn and garden equipment is seeing a significant increase in demand for "smart gardening," which involves the incorporation of smart devices to perform gardening tasks and make them easier through timely maintenance. Users of smart gardening can get weather-related information as well as alerts for feeding and watering plants. As a result, suppliers have created cutting-edge tools that can be used in conjunction with clever gardening techniques.
Threat:
Increasing demand for artificial grass
Artificial grass, made of synthetic fibres, can be used on sports fields, golf courses, and yards at homes. It continues to be well-kept, requires little upkeep, and is not particularly vulnerable to bad weather. Due to its low maintenance requirements and ease of maintenance, artificial grass is becoming more and more popular with end users. Since artificial grass doesn't require any additional maintenance, this could result in a decline in the demand for gardening and lawn equipment.
COVID-19 Impact:
Following the WHO's declaration of COVID-19 as a pandemic in March 2020, the sudden cessation of economic activity in the majority of countries was attributed to lockdown rules, social practises encouraging social distance, and pessimistic market strategies. The pandemic has had a modest effect on the growth of the lawn and garden equipment market globally. Due to rising investments in technologically advanced lawn mowers, trimmers, cutters, and other equipment, countries like the U.S. and others saw an increase in sales.
The lawn mower segment is expected to be the largest during the forecast period
The lawn mower segment is anticipated to remain the largest over the course of the forecast period. The widespread use of lawnmowers to maintain the gardens and lawns in the backyards of private homes, public parks, and sporting venues may be to blame. Moreover, the ability to assist households in easily maintaining a perfect green patch with uniform height throughout the seasons is factor driving the use of these machines.
The residential segment is expected to have the highest CAGR during the forecast period
Due to the rising demand for landscaping services in developed economies and the booming residential construction industry in emerging economies. Additionally, the growing popularity of outdoor activities has prompted backyard maintenance activities, which ultimately helped to improve mental health. In many areas, end users with varying socioeconomic backgrounds enter into agreements with landscapers for the upkeep of their gardens; such factors are propelling the segment's growth.
Region with largest share:
Over the forecast period, North America is anticipated to contribute 49% to the growth of the global market and is estimated to witness the largest share during the forecast period. Moreover, growing numbers of households in the US are engaging in home or community gardening, which is gaining popularity. Such elements may raise consumer demand for gardening and lawn care equipment, which will spur market expansion.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period. It is primarily attributed to real estate owners' rising commercial and residential construction activities. The acceptance of GPS-enabled equipment and rising energy-efficient mower usage are also laying the groundwork for future expansion. In addition, there is a growing need for landscaping services at people's residences and workplaces, which is one of the major factors advancing this industry in this region.
Key players in the market
Some of the key players in Garden and Lawn Equipment market include: Husqvarna AB, KisanKraft Ltd., Makita USA Inc., MTD Products Inc., Fiskars Group, Emak S.p.A., Neill Tools Ltd., Deere & Company, Husqvarna Group, Falcon Garden Tools Pvt. Ltd., AriensCo, The Toro Company, Hebei Sinotools Industrial Co. LTD, Honda Motor Co. Ltd, Oregon Tool Inc., Rhinoceros Manufacturing, Robert Bosch GmbH, Stanley Black & Decker Inc., The AMES Companies Inc., Excel Industries Inc. and Greenworks Tools.
Key Developments:
In October 2021, AriensCo displayed its equipment line-up of battery and petrol-powered zero-turn mowers at SALTEX 2021 in England. The company also showcased its low emission and noise, battery-operated 'ZENITH E' and 'ARROW', a conceptual stand-on mower.
In August 2019, American Honda Motor Co., Inc. introduced 'HRN Series' of lawn mowers for residential applications. It offers a powerful GCV170 engine and optimizes grass cutting while streamlining maintenance and operation.
Products Covered:
- Lawn Mower
- Chainsaws
- Cutters and Shredders
- Trimmers and Edgers
- Blowers
- Other Products
Powers Covered:
- Gas
- Electric
- Manual
End Users Covered:
- Residential
- Commercial
- Municipal
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.3 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Garden and Lawn Equipment Market, By Product
- 5.1 Introduction
- 5.2 Lawn Mower
- 5.3 Chainsaws
- 5.4 Cutters and Shredders
- 5.5 Trimmers and Edgers
- 5.6 Blowers
- 5.7 Other Products
6 Global Garden and Lawn Equipment Market, By Power
- 6.1 Introduction
- 6.2 Gas
- 6.3 Electric
- 6.4 Manual
7 Global Garden and Lawn Equipment Market, By End User
- 7.1 Introduction
- 7.2 Residential
- 7.3 Commercial
- 7.4 Municipal
8 Global Garden and Lawn Equipment Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Husqvarna AB
- 10.2 KisanKraft Ltd.
- 10.3 Makita USA Inc.
- 10.4 MTD Products Inc.
- 10.5 Fiskars Group
- 10.6 Emak S.p.A.
- 10.7 Neill Tools Ltd.
- 10.8 Deere & Company
- 10.9 Husqvarna Group
- 10.10 Falcon Garden Tools Pvt. Ltd.
- 10.11 AriensCo
- 10.12 The Toro Company
- 10.13 Hebei Sinotools Industrial Co. LTD
- 10.14 Honda Motor Co. Ltd
- 10.15 Oregon Tool Inc.
- 10.16 Rhinoceros Manufacturing
- 10.17 Robert Bosch GmbH
- 10.18 Stanley Black & Decker Inc.
- 10.19 The AMES Companies Inc.
- 10.20 Excel Industries Inc.
- 10.21 Greenworks Tools
List of Tables
- Table 1 Global Garden and Lawn Equipment Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 4 Global Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 5 Global Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 6 Global Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 7 Global Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 8 Global Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 9 Global Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 10 Global Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 11 Global Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 12 Global Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 13 Global Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 14 Global Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 15 Global Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 16 Global Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
- Table 17 North America Garden and Lawn Equipment Market Outlook, By Country (2020-2028) ($MN)
- Table 18 North America Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 19 North America Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 20 North America Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 21 North America Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 22 North America Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 23 North America Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 24 North America Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 25 North America Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 26 North America Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 27 North America Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 28 North America Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 29 North America Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 30 North America Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 31 North America Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 32 North America Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
- Table 33 Europe Garden and Lawn Equipment Market Outlook, By Country (2020-2028) ($MN)
- Table 34 Europe Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 35 Europe Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 36 Europe Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 37 Europe Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 38 Europe Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 39 Europe Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 40 Europe Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 41 Europe Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 42 Europe Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 43 Europe Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 44 Europe Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 45 Europe Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 46 Europe Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 47 Europe Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 48 Europe Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
- Table 49 Asia Pacific Garden and Lawn Equipment Market Outlook, By Country (2020-2028) ($MN)
- Table 50 Asia Pacific Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 51 Asia Pacific Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 52 Asia Pacific Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 53 Asia Pacific Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 54 Asia Pacific Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 55 Asia Pacific Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 56 Asia Pacific Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 57 Asia Pacific Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 58 Asia Pacific Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 59 Asia Pacific Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 60 Asia Pacific Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 61 Asia Pacific Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 62 Asia Pacific Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 63 Asia Pacific Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 64 Asia Pacific Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
- Table 65 South America Garden and Lawn Equipment Market Outlook, By Country (2020-2028) ($MN)
- Table 66 South America Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 67 South America Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 68 South America Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 69 South America Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 70 South America Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 71 South America Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 72 South America Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 73 South America Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 74 South America Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 75 South America Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 76 South America Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 77 South America Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 78 South America Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 79 South America Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 80 South America Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
- Table 81 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Country (2020-2028) ($MN)
- Table 82 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Product (2020-2028) ($MN)
- Table 83 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Lawn Mower (2020-2028) ($MN)
- Table 84 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Chainsaws (2020-2028) ($MN)
- Table 85 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Cutters and Shredders (2020-2028) ($MN)
- Table 86 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Trimmers and Edgers (2020-2028) ($MN)
- Table 87 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Blowers (2020-2028) ($MN)
- Table 88 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Other Products (2020-2028) ($MN)
- Table 89 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Power (2020-2028) ($MN)
- Table 90 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Gas (2020-2028) ($MN)
- Table 91 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Electric (2020-2028) ($MN)
- Table 92 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Manual (2020-2028) ($MN)
- Table 93 Middle East & Africa Garden and Lawn Equipment Market Outlook, By End User (2020-2028) ($MN)
- Table 94 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Residential (2020-2028) ($MN)
- Table 95 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Commercial (2020-2028) ($MN)
- Table 96 Middle East & Africa Garden and Lawn Equipment Market Outlook, By Municipal (2020-2028) ($MN)
