Report ID: SQMIG25J2042
Report ID:
SQMIG25J2042 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
North America dominated the lawn mower market, accounting for the biggest share of revenue (35.03%) in 2022. In developed regions like those in North America and Europe, demand is great. With a combined market share of 60% in 2021, these regional markets continued to hold the top positions. Smaller homes and smaller gardens are a result of the recent rapid urbanization of Western Europe. This tendency may pose a severe danger to the regional acceptance of lawn mowers. The development and maintenance of lawns in commercial facilities, however, would provide some respite from the generally slow business growth for lawn mowers.
The Asia-Pacific region is expected to experience the fastest CAGR growth due to expanding urbanization, which has increased construction activity for residential as well as business spaces that promotes market expansion.
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Report ID: SQMIG25J2042