What is the global market size of Global Lawn and Garden Equipment Market?

Global Lawn and Garden Equipment Market size was valued at USD 31.52 billion in 2021 and is poised to grow from USD 33.76 billion in 2022 to USD 62.59 billion by 2030, growing at a CAGR of 7.1% in the forecast period (2023-2030).

Lawn and Garden Equipment Market Size

Lawn and Garden Equipment Market Insights

Global Lawn and Garden Equipment Market size was valued at USD 25.8 billion in 2023 and is poised to grow from USD 27.22 billion in 2024 to USD 41.77 billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

Tools used for pruning, lining up, cutting, and maintaining the lawn and garden structure are known as lawn and garden equipment. The increased need for automated and technologically advanced garden equipment on golf courses, playgrounds, and residential properties is what led to the development of this equipment. The significant growth drivers of the lawn and garden equipment market are the high density of golf courses and the quickly expanding course maintenance activities. The National Golf Foundation found that out of 251 nations and dependent territories, golf is presently played in 206 of them. On Christmas Island, there is a nine-hole course included with that. There are more than 38,000 golf courses around the globe, located in around 82 percent of the nation.

It is projected that the volume share of lawn & garden equipment would expand due to golfers' increasing involvement in sporting events. Tournaments that need regular golf course maintenance will be stimulated by the age group of older adults, which is expanding. For mowing and cutting grass, gas-powered tractors and lawn mowers can offer a practical & efficient substitute for golf clubs. The total audience for golf is thought to be 106 million. In 2021, one in three Americans participated in golf (on or off the course), watched golf on television or online, read about the game, or listened to a podcast on the sport. In 2021, 37.5 million Americans aged 6 and older played golf, both on and off the course. This comprises 12.4 million individuals who only engaged in off-course golf activities at locations like driving ranges, indoor golf simulators, or golf entertainment centers like Topgolf and Drive Shack, as well as the 25.1 million people who played golf on a course.

US Lawn and Garden Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

The Global Lawn and Garden Equipment Market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Deere & Company (US) ', 'Emak S.p.A. (Italy) ', 'Husqvarna Group (Sweden) ', 'Honda Motor Co., Ltd. (Japan) ', 'Kubota Corporation (Japan) ', 'STIHL Holding AG & Co. KG (Germany) ', 'The Toro Company (US) ', 'Ariens Company (US) ', 'Techtronic Industries Co. Ltd. (Hong Kong) ', 'Robert Bosch GmbH (Germany) ', 'The Scotts Miracle-Gro Company (US) ', 'Fiskars Group (Finland) ', 'Poulan Pro (US) ', 'Murray (US) ', 'Greenworks Tools (China)'

Global demand for gardening equipment is expected to increase due to the ever-increasing drive for electric-powered chainsaws, lawnmowers, and other equipment. Regarding the problems with noise and the environment, several nations, including the United States, the United Kingdom, Germany, Japan, India, Australia, and others, are putting a lot of emphasis on providing electric equipment. Electric lawn mowers are lighter, quieter, and have the convenience of a push-to-start button. As a result, it is boosting the need for electric equipment. For example, John Deere introduced walk-behind greens mowers, ranging from the 180 and 220 E-CutTM to our SL PrecisionCutTM range, a tool that will give greens the cut they merit.

In the future, it is projected that rising demand for newly developed garden and lawn equipment would support growth. More end users are investing in the industry as a result of the increased accessibility of recently developed items, which is improving market prospects. As consumers spend more time in their local neighborhoods, the COVID-19 pandemic has emerged as a positive element. This is increasing the demand for the goods as a result. The global lawn and garden equipment market is growing favorably as a result of the rise in demand for smart gardening techniques, such as GPS technology, auto braking systems, uniform cutting, and others.

In terms of market share, North America dominated the global lawn and garden equipment market in 2021. This is due to the region's significant presence of top industry players like Deere & Company, the Toro Company, and others. Due to its autonomy, this equipment allows end users to carry out gardening tasks in a shorter amount of time. For instance, John Deere will commemorate 25 years of producing its ZTrakTM commercial zero-turn mower line at the 2021 GIE+EXPO, continuing a tradition of innovation and quality that began in 1997 with the introduction of the F620 and F680 zero-turn mowers. With the recent introduction of the FastbackTM PRO Rear-Discharge Mower Deck, which provides time-saving solutions for professional landscapers, the brand continues to expand on its dedication to effective and efficient commercial landscaping options.