USD 31.52 billion
Lawn & Garden Equipment Market Size, Share, Growth Analysis, By Type(Lawn Mowers, Chainsaws, Cutters, Shredders), By Power(Manual, Electric, Gas), By End User(Residential, Playgrounds, Golf Courses), By Region - Industry Forecast 2024-2031
Report ID:
SQSG25H2002 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
94
|Figures:
76
Lawn & Garden Equipment Market Insights
Global Lawn & Garden Equipment Market size was valued at USD 31.52 billion in 2019 and is poised to grow from USD 33.76 billion in 2023 to USD 62.59 billion by 2031, growing at a CAGR of 7.1% in the forecast period (2024-2031).
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 & Garden Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Residential
Fastest Growth
Residential
Growth Rate
7.1% CAGR
Global Lawn & Garden Equipment Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Lawn & Garden Equipment Market Segmental Analysis
The Global lawn & garden equipment market is segmented based on the type, power, end-user, and region. Based on the type, the global lawn & garden equipment market is segmented as lawn mowers, chainsaws, cutters and shredders, trimmers and edgers, and others. Based on power, the Lawn and Darden Equipment Market is segmented into manual, electric, and gas. Based on end users, the global lawn & garden equipment market is segmented as residential, playgrounds, and golf courses. Based on Region Lawn and Darden Equipment Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Lawn and Darden Equipment Market Analysis by Type
In 2021, the lawn mowers segment held the largest share in the global lawn and garden equipment market. The category for lawn mowers will have the greatest CAGR between 2022 and 2028. It is due to the extensive usage of backyards and sports grounds for household upkeep. The faster-growing pace of the estimated 5 million manual mowers sold annually in the US, the majority of which are produced by US companies. Additionally, a survey reveals that more than 6 million gas-powered walk-behind mowers have been introduced to the market. Leading manufacturers are also developing these mowers with IoT. Zero-Turn Lawnmower from John Deere, a powerful engine that can perform practically anything is the first step in getting the most out of your machine. A John Deere Zero-Turn mower may also save time when tailored with deck choices, optional MulchControl functionality, and the ability to turn on a dime.
Due to its use in virtually all gardening procedures, the trimmers & edgers section has the second-highest growth rate. These tools are especially useful in cases where the garden has to be properly shaped. The projected period for the lawn and garden equipment market indicates that chainsaws, cutters, shredders, and others would experience a significant increase. Chainsaw use is growing in popularity across the industry due to speed. The STIHL MSA 300, for instance, which debuted in mid-March 2022, is now the most powerful battery-operated chainsaw available. Chainsaw operations in noise-sensitive locations may now take on new dimensions thanks to its wide range of performance.
Lawn and Darden Equipment Market Analysis by Power
In 2021, due to growing worries about global warming and fuel emissions, the electric-powered sector, which had the biggest market share in the global lawn and garden equipment market, is best positioned to dominate the market with the highest CAGR. The expanded green energy efforts are also helping the global market expand. It was anticipated that in only five years, the amount of electric-powered lawn equipment that North American manufacturers sold increased from roughly 9 million units in 2015 to over 16 million in 2020. And throughout that period, the market share of electric lawn equipment increased from around 32% to 44%.
Due to its flexibility, power, and higher power production compared to other sectors, the gas-powered category is anticipated to have a significant market share. Long-term activities are best suited for gas-powered machinery. For instance, John Deere's ZTrak Zero-Turn-Radius Mowers provide the highest level of quality, functionality, and comfort. They have outstanding agility and trimming abilities and are made for effective mowing.
Lawn and Darden Equipment Market Analysis by End User
Due to the increased demand for landscaping services in established nations and the booming residential building industry in emerging economies, the residential segment is leading with the greatest CAGR. Additionally, the growing popularity of outdoor activities has driven backyard upkeep tasks, which ultimately helped to boost mental health. The following new residential construction figure for May 2022 was jointly announced by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Privately owned housing completions in May were at a seasonally adjusted annual rate of 1,465,000. This is 9.1 percent (±22.6 percent) above the revised April estimate of 1,343,000 and 9.3 percent (±19.0 percent) above the May 2021 rate of 1,340,000. This is 9.1 percent (±22.6 percent) above the revised April estimate of 1,343,000 and 9.3 percent (±19.0 percent) above the May 2021 rate of 1,340,000.
The growing popularity of outdoor activities in Asia and Africa is supporting the increased demand for equipment in the golf courses and playgrounds segment. For instance, after a period of decline, the new statistic shows a positive trend in golf, where participation rates are presently increasing globally. The 2021 European Golf Participation Report recently made note of this, pointing out that more than 10.6 million golfers now enjoy playing full-length courses throughout the continent, which is a welcome rise from the 7.9 million golfers who were last counted in 2016.
Global Lawn & Garden Equipment Market by End-Users, 2021 (%)
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Lawn & Garden Equipment Market Regional Insights
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.
One of the major markets for lawn and garden tractors in the world is the United States. The United States is a potential export market for several Asian suppliers. Due to vast yards, a fondness for outdoor living spaces, expansive golf courses, and sporting fields, and other factors, average American households spend more on lawn and gardening equipment. The nation spent an average of 155.07 dollars per consumer unit on lawn and garden goods in 2020.
The region with the highest growth rate throughout the projection period is Asia Pacific. It is mostly related to real estate owners' rising commercial and residential development operations. For instance, India's construction business includes both the real estate and the urban development sectors. Residential, office, retail, hotels, and theme parks are all included in the real estate section. While the segment of urban development includes sub-segments like water supply, sanitation, urban transportation, schools, and healthcare. Between April 2000 and March 2022, FDI in the construction development sector (townships, housing, built-up infrastructure, and construction development projects) was $27.97 billion and $26.20 billion, respectively.
Global Lawn & Garden Equipment Market By Geography, 2021 - 2028
- Largest
- Fastest
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Lawn & Garden Equipment Market Dynamics
Lawn and Darden Equipment Market Driver
- Global demand for gardening equipment is expected to increase due to the ever-increasing drive for electric-powered chainsaws, lawnmowers, and other equipment. Regarding the problems with noise and the environment, several nations, including the United States, the United Kingdom, Germany, Japan, India, Australia, and others, are putting a lot of emphasis on providing electric equipment. Electric lawn mowers are lighter, quieter, and have the convenience of a push-to-start button. As a result, it is boosting the need for electric equipment. For example, John Deere introduced walk-behind greens mowers, ranging from the 180 and 220 E-CutTM to our SL PrecisionCutTM range, a tool that will give greens the cut they merit.
- Along with supplying electric equipment, prominent market players like John Deere, Toro Company, Falcon Garden Tools Pvt. Ltd., Cub Cadet (a division of MTD Products Inc.), and others are fostering the expansion of the global market. The Gator TE Electric from John Deere is a utility vehicle that can complete a full day's worth of work while being quiet, powerful, and comfortable. It has the best load box in its class, silent electric operation, a wide stance for increased stability, and uses no gasoline.
Lawn and Darden Equipment Market Restraint
- One of the most frequently used pieces of equipment in the residential, golf course, and playground settings is gardening and lawn equipment. These tools are used on a daily basis. The downtime is increased and the grass cutting process is hampered by the unavailability and delays in the repairs and service of the lawn mowers, cutters, and other equipment. According to several sources, the cost of fixing this equipment is about US$ 80, which lowers its consumption.
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Lawn & Garden Equipment Market Competitive Landscape
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.
Top Players in the Global Lawn and Garden Equipment Market
- Deere & Company
- Emak S.p.A. (Italy)
- Husqvarna Group
- Briggs & Stratton Corporation
- MTD Products Inc.
- Honda Motor Co., Ltd.
- Kubota Corporation
- STIHL Holding AG & Co. KG
- The Toro Company
- Ariens Company
- Techtronic Industries Co. Ltd.
- Black & Decker Corporation
- Stanley Black & Decker, Inc.
- Robert Bosch GmbH
- The Scotts Miracle-Gro Company
- Fiskars Group
- Craftsman
- Poulan Pro
- Murray
- Greenworks Tools
Lawn and Darden Equipment Market Recent Developments
- In June 2022, thanks to its user interface, compatibility with smartphones, and ability to set and adjust features through the ToolBox app, Bosch's GCM 18V-216 DC Professional is simpler to use than traditional miter saws. Users may utilize the "Eco" option in addition to just changing the speed to match the material, such as wood, plastic, or aluminum.
- In April 2022, Bosch is adding two more potent garden equipment to its "36V Power for All System": The cordless grass trimmer AdvancedGrassCut 36V-33 efficiently cuts overgrown grass and weeded areas, while the cordless hedge cutter AdvancedHedgeCut 36V-65-28 effortlessly shapes thick hedges and bushes. One and the same 36V lithium-ion battery and charger may power every equipment in the system, from the lawnmower to the leaf blower. This helps consumers save money, space, and the environment.
Lawn & Garden Equipment Key Market Trends
- 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.
For example, Impact wrenches from Bosch, such as the GDS 18V-1000 C Professional and GDS 18V-1050 HC Professional, provide artisans with additional value because of the tool's user interface and, more recently, because of smartphone connectivity features. Using the Bosch Toolbox App, its two settings for typical screwdriver tasks in wood and metal may be customized and saved for later use. Therefore, when performing repetitive serial bolting, fitters may save time and always configure the tool optimally for the application. Professional users of the Biturbo impact wrenches have the most flexibility available.
Lawn & Garden Equipment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Lawn and Garden Equipment Market Analysis, in terms of type, the lawn mowers segment held the largest share in the global lawn and garden equipment market in 2021, it is due to the extensive usage of backyards and sports grounds for household upkeep. The faster-growing pace of the estimated 5 million manual mowers sold annually in the US, the majority of which are produced by US companies. By power, the electrical segment held the largest market share owing to the expanded green energy efforts worldwide. By end-user, the residential segment held the largest market share in 2021 due to the growing popularity of outdoor activities has driven backyard upkeep tasks, which ultimately helped to boost mental health. And by region, the North American region held the largest market share owing to the presence of prominent market players in the region and is expected to dominate the market throughout the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 31.52 billion |
| Market size value in 2031 | USD 62.59 billion |
| Growth Rate | 7.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Lawn & Garden Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Lawn & Garden Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Lawn & Garden Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Lawn & Garden Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Lawn & Garden Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Lawn & Garden Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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