What is the key driver of Global Lawn Gardening Consumables Market?

The increased interest in landscaping is a key driver of the global lawn gardening consumables market. This is fueled by rising incomes, leading to more investments in landscaping practices such as ornamental gardening, lawn maintenance, and the use of gardening equipment and consumables.

What is the key market trend for Global Lawn Gardening Consumables Market?

An emerging trend in the market is the transformation of outdoor spaces into relaxation areas, which drives demand for landscaping products such as water features, plants, and gazebos. Additionally, the adoption of organic and natural lawn gardening consumables is gaining traction, along with increased investments in urban green spaces and parks.

Which region accounted for the largest share in Global Lawn Gardening Consumables Market?

North America emerged as the largest regional market for lawn gardening consumables, with the United States contributing significantly to the revenue. Factors such as the recovery of the housing market and increased spending on renovation projects are driving market growth in this region.

Global Lawn Gardening Consumables Market Size, Share, Growth Analysis, By product(Fertilizers, Seeds), By End user(Residential, Commercial and Industrial) - Industry Forecast 2024-2031

Q: What is the global market size of Lawn Gardening Consumables Market?

The Lawn Gardening Consumables Market size was valued at USD 16.16 billion in 2021 and is poised to grow from USD 16.7 billion in 2022 to USD 21.73 billion by 2030, growing at a CAGR of 3.4% in the forecast period (2023-2030).

Q: Who are the key vendors in the Global Lawn Gardening Consumables Market?

The global lawn gardening consumables market is highly competitive and somewhat fragmented. Key players include The Scotts Miracle-Gro Company, Spectrum Brands Holdings, Inc., Husqvarna AB, Briggs & Stratton Corporation, MTD Products Inc., AriensCo, Deere & Company, The Toro Company, American Honda Motor Co., Inc., STIHL Holding AG & Co. KG, Emak S.p.A., Kubota Corporation, STIGA S.p.A., Techtronic Industries Co. Ltd., Textron Inc., Blount International Inc., Alamo Group Inc., Makita Corporation, Yamabiko Corporation, and ECHO Incorporated.

Report ID: SQMIG25I2012 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Global Lawn Gardening Consumables Market News

In August 2022, Bayer Initiates Phase III Study Program for Investigational Oral FXIa Inhibitor Asundexian

In September 2021, Cub Cadet, a subsidiary of MTD Products Inc. launched ‘Pro Z 960 S’ and ‘972 S SurePath,’ its innovative semi-autonomous commercial mowers that are fitted with 4-wheel steering system and GPS technology to deliver efficient end results

Global Lawn Gardening Consumables Market Report Snapshots

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FAQs

Lawn Gardening Consumables Market size was valued at USD 16.16 billion in 2021 and is poised to grow from USD 16.7 billion in 2022 to USD 21.73 billion by 2030, growing at a CAGR of 3.4% in the forecast period (2023-2030).

Global lawn gardening consumables market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'The Scotts Miracle-Gro Company', 'Spectrum Brands Holdings, Inc.', 'Husqvarna AB', 'Briggs & Stratton Corporation', 'MTD Products Inc.', 'AriensCo', 'Deere & Company', 'The Toro Company', 'American Honda Motor Co., Inc.', 'STIHL Holding AG & Co. KG', 'Emak S.p.A.', 'Kubota Corporation', 'STIGA S.p.A.', 'Techtronic Industries Co. Ltd.', 'Textron Inc.', 'Blount International Inc.', 'Alamo Group Inc.', 'Makita Corporation', 'Yamabiko Corporation', 'ECHO Incorporated'

Increased interest in landscaping is expected to drive market growth. This is due to an increase in the middle-class and upper-income population's income, which has made people more linear toward landscaping practices such as planting ornamental flowers and shrubs and arranging pottery plants in a well-designed garden or lawn architecture. It also includes regular plant maintenance such as spraying pests and biological controls, as well as applying fertilisers, insecticides, and fungicides using various horticulture and gardening equipment. All of these factors combine to increase demand for lawn and garden consumables, boosting market growth.

A major growth-inducing factor is the emerging trend of transforming outdoor spaces into relaxing areas, such as outdoor kitchens, lounges, entertainment areas, and party spots. Furthermore, there has been a significant increase in demand for landscaping products such as water fountains, plants, and gazebos as a result of improved lifestyles, increased consumer spending capacity, and rapid urbanisation. In addition, the growing consumer preference for home décor and the widespread adoption of hardscaping are driving product demand. Furthermore, several leading manufacturers are developing advanced lawn and garden consumables with improved efficiency, convenience, and usability. In addition, the introduction of organic and natural product variants is propelling market growth. Other factors influencing market growth include the expanding real estate sector, the rising trend of outdoor kitchens, favourable government policies, and increased investments in urban green spaces and parks.

North America emerged as the largest regional market for lawn and gardening consumable and is expected to maintain its lead over the forecasted period. The growing popularity of house and garden parties is expected to increase demand for lawn and gardening products in the region. In North America, the United States accounted for more revenue. The housing market has recovered from the 2008 recession, and an increasing number of renovation projects in the region will boost demand even more.

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