Industry: Construction & Manufacturing | Publish Date: 11-Apr-2024 | No of Pages: 147 | No. of Tables: 112 | No. of Figures: 77 | Format: PDF | Report Code : N/A
The Portugal Lawn Care Products Market size was valued at USD 331.2 million in 2023, and is predicted to reach USD 611.0 million by 2030, with a CAGR of 8.7% from 2024 to 2030. In terms of volume, the market size was 2099 units in 2023, and is predicted to reach 4128 units by 2030, with a CAGR of 9.7% from 2024 to 2030.
Lawn care products are indispensable for nurturing the health and aesthetics of lawns. Through the utilization of a range of machinery, tools, and chemical formulations, individuals can achieve a lush, green lawn devoid of weeds. These products not only enhance the visual appeal of outdoor spaces but also create a safe and enjoyable environment for outdoor activities. Designed to tackle specific issues such as nutrient imbalances, weed infestations, insect pests, and fungal infections, they are essential for maintaining the overall health and vitality of lawns.
The increasing inclination towards do-it-yourself (DIY) lawn care practices is a key factor driving the growth of the lawn care products market in the country. As more homeowners embrace DIY approaches to lawn maintenance, there's a rising demand for a wide range of lawn care products and tools. From fertilizers and herbicides to lawn mowers and trimmers, consumers are seeking convenient solutions to achieve professional-quality results on their own.
This shift towards DIY lawn care not only reflects a desire for cost-effective and sustainable alternatives but also presents manufacturers with opportunities to innovate and diversify their product offerings. Overall, the trend towards DIY lawn care significantly contributes to the expansion of the lawn care products market, catering to the evolving needs of self-reliant consumers.
Urbanization and housing trends are key factors fueling the growth of the lawn care products market in the country. As cities expand and new housing developments emerge, the demand for lawn care solutions increases proportionally.
Residential properties, from single-family homes to apartment complexes, require maintenance products to upkeep their lawns and green spaces. Urban dwellers prioritize outdoor aesthetics, leading to a steady demand for fertilizers, pesticides, and other lawn care essentials.
Additionally, evolving housing trends, such as the popularity of eco-friendly landscaping and outdoor living spaces, contribute to the expansion of the market. Overall, urbanization and housing preferences drive sustained growth in the lawn care products market, meeting the needs of homeowners in urban environments.
The steep pricing of lawn care products acts as a significant impediment to market growth in the country. With consumers increasingly prioritizing value for money, the high costs associated with these products may deter purchases and stifle market expansion. Price-sensitive consumers may opt for cheaper alternatives or limit their usage of lawn care products, thereby dampening demand and restricting market growth potential.
Moreover, the perception of lawn care products as luxury items rather than essential purchases may further exacerbate this restraint. To mitigate the impact of high prices, manufacturers may need to explore strategies such as offering discounts, bundling products, or introducing more budget-friendly options to appeal to a broader consumer base and drive market growth.
The increasing adoption of smart lawn care technology in the country creates ample growth opportunities for manufacturers in the market. With homeowners embracing automation and connectivity in their outdoor maintenance routines, the demand for smart devices such as robotic mowers, smart irrigation controllers, and weather sensors is on the rise.
These technologies offer benefits such as water conservation, time savings, and enhanced control, appealing to a wide range of consumers. Additionally, advancements in AI and IoT enable intelligent monitoring and optimization of lawn care practices, further driving adoption. Manufacturers can leverage this trend by introducing innovative smart lawn care solutions that address specific consumer needs and preferences, thereby fueling market growth and differentiation.
Various market players operating in the Portugal lawn care products market include Makita Corporation, Stanley Black and Decker, Inc., Toro Company, Kubota Corporation, Emak Group, Husqvarna Group, Deere & Company, Briggs & Stratton Corporation, Honda, 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 Portugal lawn care products market.
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
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 331.2 Million |
Revenue Forecast in 2030 |
USD 611.0 Million |
Value Growth Rate |
CAGR of 8.7% from 2024 to 2030 |
Market Volume in 2023 |
2099 Units |
Unit Forecast in 2030 |
4128 Units |
Volume Growth Rate |
CAGR of 9.7% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
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. |
Makita Corporation
Stanley Black and Decker Inc.
Toro Company
Kubota Corporation
Emak Group
Husqvarna Group
Deere & Company
Briggs & Stratton Corporation
Honda
Robert Bosch GmbH