The Lawn & Garden Equipment Market size was valued at USD 27.90 Billion in 2023 and is now anticipated to grow to USD 54.39 Billion by 2032, displaying a compound annual growth rate (CAGR) of 7.7% during the forecast Period (2024 - 2032).
The Lawn & Garden Equipment Market is witnessing robust growth, driven by rising consumer interest in home improvement and landscaping activities. With an increasing focus on outdoor aesthetics and sustainability, homeowners and commercial property managers are investing in advanced lawn and garden equipment to maintain their green spaces. Technological advancements such as battery-operated, electric, and robotic lawn mowers are gaining popularity, providing eco-friendly alternatives to traditional gas-powered tools. The market is also benefiting from the growing trend of urban gardening and community parks, which are fueling demand for compact and multifunctional gardening equipment.
In addition to technological innovations, environmental concerns are significantly shaping the Lawn & Garden Equipment Market. Governments across the globe are implementing stringent regulations to reduce emissions and promote sustainable practices, pushing manufacturers to develop equipment that is more energy-efficient and less polluting. The rise in DIY gardening projects, particularly post-pandemic, has further bolstered the demand for user-friendly and automated tools. As a result, the market is expected to see continuous growth, with North America and Europe leading the adoption of advanced equipment, while emerging markets in Asia-Pacific are showing potential for significant expansion.
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Covid 19 impact analysis:
The latest report is the most recent study that offers coverage of the Lawn & Garden Equipment industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Lawn & Garden Equipment market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Ariens Company, American Honda Motor Co. Inc., Briggs Stratton, Deere & Company, Falcon Garden Tools, Fiskars, Husqvarna Group, Robert Bosch GmbH, Robomow Friendly House, The Toro Company and others.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Lawn & Garden Equipment market.
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It has segmented the global Lawn & Garden Equipment market
By Type
- Lawn Rider
- Lawn ZTR
- Walk Behind
- Snow Throwers
- Trimmers and Edgers
By End Use
- Residential
- Playgrounds
- Golf Course
By Power
- Manual
- Electric
- Gas
Key Objectives of the Global Lawn & Garden Equipment Market Report:
- The report conducts a comparative assessment of the leading market players participating in the global Lawn & Garden Equipment
- The report marks the notable developments that have recently taken place in the Lawn & Garden Equipment industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Lawn & Garden Equipment market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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