Industry: Construction & Manufacturing | Publish Date: 04-Apr-2024 | No of Pages: 412 | No. of Tables: 292 | No. of Figures: 256 | Format: PDF | Report Code : N/A
The global Lawn Care Products Market size was valued at USD 44.18 billion in 2023, and is predicted to reach USD 68.66 billion by 2030, with a CAGR of 6.10% from 2024 to 2030. In terms of volume, the market size was 309626 units in 2023, and is projected to reach 515784 units by 2030, with a CAGR of 7.20% from 2024 to 2030.
Lawn care products are used to maintain the health and overall appearance of the lawn. Various machines, tools, and chemicals can be utilized to ensure a lush, green, and weed-free lawn. These products provide a safe and comfortable outdoor space for recreation & relaxation. Lawn care products are often designed to address specific issues, such as nutrient deficiencies, weed growth, insect infestations, and fungal diseases.
The increase in awareness regarding the negative impact of traditional lawn care products on the environment has increased the demand for organic and natural alternatives. Organic products are made from natural ingredients, and have fewer chemicals than traditional ones, making them more sustainable for maintaining lawn as compared to traditional products.
Moreover, the demand for organic and natural lawn care products is increasing as several governmental organizations issued regulations to ban pesticides and other harmful chemicals. These factors boost the lawn mowing products market growth.
The surge in the number of parks, playgrounds, and golf courses has increased the sales of lawn care products. Moreover, the rising emphasis on outdoor living spaces helped the lawn treatment products market grow, as people are mainly attracted to aesthetically pleasing lawns. In addition, there is a rise in the trend of outdoor living, so people have started investing in their outdoor spaces by adding decks, patios, fire pits, and outdoor kitchens. This, in turn, drives the growth of the lawn care products industry.
Product prices play a major role in the global market for lawn care products, as they can be a significant constraint for homeowners and commercial property owners. The cost of lawn care products may vary widely depending on the product and the brand. High-priced products may not be affordable for some homeowners and commercial property owners, while low-priced products may not be as effective or have a lower quality. Moreover, using certain lawn care products can be labor-intensive, and hiring a professional lawn care service can add to the cost of maintaining a lawn. These factors hinder lawn mowing products market growth.
Smart technologies such as internet-connected devices, sensors, and software are used to improve the efficiency and effectiveness of lawn care and landscaping activities. The smart lawn care technology also includes automated lawn mowers, soil sensors, weather monitoring systems, irrigation systems, and GPS systems that are controlled remotely through smartphone apps. These apps enable users to change the settings of their equipment, such as lawnmowers, without being present near the devices or equipment. Several lawnmowers are equipped with sensors that can detect obstacles and navigate around them, making mowing highly efficient and reducing the risk of damage to lawns.
North America holds the lion’s share of the lawn care products market at present and is expected to continue its dominance during the forecast period. This is attributed to factors such as the growing demand for gardens in residential constructions and the rising inclination of the old-age population towards gardening and lawn care activities. According to the Garden Media Garden Trends Report published in 2021, American adults spent around USD 47.8 billion on lawn care equipment each year. In addition, the trend of gardening activities is gaining momentum, owing to the need for self-sufficiency in growing indoor fruits and vegetables with increasing health consciousness. This factor boosts the lawn treatment market growth.
On the other hand, Europe is expected to show a steady rise in the industry for garden care products, due to an increase in the number of residential constructions and house renovation activities, such as redesigning and rebuilding of lawn areas and garden redevelopment. In addition, the high per capita income of people allows them to take up gardening as their hobby, which is expected to drive the growth of the garden mowing products market in this region. Moreover, the rise in activities related to repairing on-premise gardens and hedges and the benefits of well-maintained lawns are the factors that are expected to propel the market growth in Europe.
Various market players operating in the gardencare products market include; Makita Corporation, Stanley Black and Decker, Inc., Toro Company, Kubota Corporation, Emak Group, Husqvarna Group, Deere & Company, Briggs & Stratton Corporation, Honda Motors, and Robert Bosch GmbH. These market players are adopting various strategies, such as product launches and partnerships, across various regions to maintain their dominance in the global market.
For instance, in September 2022, Kubota launched an electric tractor, LXe-261, in Europe. The LXe-261 will be available for a long-term rental service for local municipalities in Europe from April 2023.Also, in May 2022, Briggs & Stratton partnered with Stihl. This partnership aimed to launch a line of zero-turn mowers for professionals and homeowners. In addition, in February 2022, Makita launched two new lawnmowers. Both models were powered by two 18V LXT 5.0Ah batteries, giving users more battery-powered options over gas equipment.
The lawn care products market report provides the quantitative analysis of the current market estimations from 2023 to 2030. This analysis assists in identifying the prevailing industry opportunities to capitalize on.
The study comprises of a detailed analysis of the lawn care products market, including the current and future trends for depicting the prevalent investment pockets in the industry.
The information related to key drivers, restraints, and opportunities and their impact on the lawn care products market is provided in the report.
The competitive analysis of the market players along with their market revenue, is mentioned.
The SWOT analysis and Porter’s Five Forces model are elaborated on in the study.
The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Lawn Mowers
Cutters & Shredders
Tractors
Grass Seed Distributors
Fertilizer Distributors
Pesticide Distributors
Weed Killer Distributors
Dethatchers
Aerators
Tillers
Sprinklers
Edgers
Leaf Blowers
Others
Residential
Commercial
Golf Courses
Playgrounds
Others
Diesel
Gas
Electric
Manual
North America
The U.S.
Canada
Mexico
Europe
The U.K.
Germany
France
Spain
Italy
Denmark
Switzerland
Portugal
Austria
Belgium
Poland
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Singapore
Rest of Asia-Pacific
RoW
Latin America
Middle East
Africa
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 44.18 Billion |
Revenue Forecast in 2030 |
USD 68.66 Billion |
Value Growth Rate |
CAGR of 6.10% from 2024 to 2030 |
Market Volume in 2023 |
309626 Units |
Unit Forecast in 2030 |
515784 Units |
Volume Growth Rate |
CAGR of 7.20% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Countries Covered |
28 |
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
Husqvarna Group
Emak Group
Robert Bosch GmbH
Makita Corporation
Briggs & Stratton Corporation
Deere & Company
Honda Motors
Stanley Black & Decker Inc
The Toro Company
Kubota Corporation