Lawn Care Products Market by Product Type (Lawn Mowers, Cutters & Shredders, Tractors, Grass Seed Distributors, Fertilizer Distributors, Pesticide Distributors, Weed Killer Distributors, Dethatchers, Aerators, Tillers, Sprinklers, Edgers, Leaf Blowers, and Others), by Application (Residential, Commercial, Golf Courses, Playgrounds, and Others) and by Propulsion (Diesel, Gas, Electric, and Manual) - Global Opportunity Analysis and Industry Forecast, 2024-2030
Industry: Construction & Manufacturing | Publish Date: 30-Nov-2024 | No of Pages: 412 | No. of Tables: 292 | No. of Figures: 256 | Format: PDF | Report Code : CM587
Market Overview:
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.
Increasing Demand for Organic Products for Lawn Care Among Consumers Drives the Market Growth
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 Growing Number of Outdoor Living Spaces Boosts the 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.
The High Price of Lawn Care Products Acts as a Restrain in the Market Growth
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.
The Rising Adoption of Smart Lawn Care Technology Creates Ample Growth Opportunities
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.
Geographical Analysis
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.
Competitive Landscape
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.
Key Benefits
-
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 Care Products Market Key Segments
By Product Type
-
Lawn Mowers
-
Cutters & Shredders
-
Tractors
-
Grass Seed Distributors
-
Fertilizer Distributors
-
Pesticide Distributors
-
Weed Killer Distributors
-
Dethatchers
-
Aerators
-
Tillers
-
Sprinklers
-
Edgers
-
Leaf Blowers
-
Others
By Application
-
Residential
-
Commercial
-
Golf Courses
-
Playgrounds
-
Others
By Propulsion
-
Diesel
-
Gas
-
Electric
-
Manual
By Region
-
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
-
Key Market Players:
-
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
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. |
At Next Move Strategy Consulting, we understand that insightful market research is the cornerstone of successful business decisions. That's why we employ a robust and multifaceted approach, combining various methodologies to deliver the most accurate and actionable data for our clients.
Research Landscape
We navigate the world of research with two primary approaches:
Qualitative Approach
Our qualitative research methodologies involve immersive techniques such as in-depth interviews, focus groups, and observational studies. By engaging directly with individuals and stakeholders, we uncover valuable insights that quantitative data alone may overlook.
Quantitative Research
In tandem with qualitative methodologies, NMSC leverages the power of Quantitative Research to provide a robust foundation of numerical insights. Through systematic data collection and analysis, we quantify patterns, preferences, and market trends, offering a comprehensive view of the business landscape.
Our quantitative research approach employs diverse tools, including surveys, experiments, and statistical modelling. These methodologies enable us to gather data from a large and representative sample, ensuring the statistical significance of our findings. By employing structured questionnaires and standardized data collection methods, we guarantee the reliability and validity of the information we present to our clients.
Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
Our Specialized Toolbox for Industry-Specific Market Research
We deploy a specialized arsenal of techniques tailored to meet your unique requirements. Here's a glimpse into our comprehensive toolbox:
Information Procurement
The stage entails acquiring market data or relevant information through various sources and methodologies.
Market Research Approach
We utilize both top-down and bottom-up approaches in market research analysis to achieve a comprehensive understanding of the market dynamics, leveraging the broad perspective of industry trends and macroeconomic factors alongside detailed insights from specific segments and individual companies.
Porters Five Forces Analysis
We conduct Porter's Five Forces analysis to evaluate the competitive landscape of an industry, providing us with insights into factors that affect profitability and strategic positioning.
SWOT Analysis
We conduct SWOT analysis to understand market trends, identify potential threats, capitalize on opportunities, and assess our strengths and weaknesses.
Forecasting
We utilize a forecasting model to predict future consumption by considering parameters like population, economics, regulations, market competition, drivers, constraints, technology, and pricing. We also employ statistical techniques such as multilinear regression, exponential smoothing, moving average, ARIMA, and Monte Carlo simulations for accurate predictions. In econometric forecasting, we analyzed short-term and long-term event impacts, attributing values based on regulatory frameworks, economic factors, and market events.
Frequently Asked Questions
Download Free Sample
Speak to Our Analyst
Related Report
Related Blogs
Deep Dive into Germany's Intralogistics Market: TAM, SAM, VAM Insights
Introduction The Germany intralogistics market is poised...
Deere and Company Leading The Lawn Care Products Market With Around 11.2 percent Share- Know The Reason Why
According to Next Move Strategy Consulting report the global...
Revolutionizing Logistics: The Automated Truck/Trailer Loading System Market's Latest Trends and Developments
Introduction The global logistics industry is in the mids...
