Global Lawn & Garden Equipment Market is forecast to carve a lucrative growth trajectory through 2032 driven by the increasing consumer spending on highly advanced lawn and garden equipment. Low labor cost and political stability, in tandem with the growing international trade are supporting the market scenario. Significant investments by lawn & garden equipment companies on development and launch of new products is foreseen to open new avenues for the overall industry.
For instance, in 2022, ECHO Incorporated introduced the ECHO eFORCE 56V Battery System. The new portfolio would provide ECHO customers and homeowners with a better option of easy-to-use and powerful outdoor tools for the home garden and lawn.
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Overall, the lawn & garden equipment industry is fragmented on the basis of power, end-use, operation, product, and region.
Based on power, the lawn & garden equipment market is expected to be characterized by the electric-powered segment. The segment is slated to account for more than USD 29 billion by 2032 end impelled by the equipment's cost-effectiveness. Moreover, factors such as reduction in emissions, noise pollution portability, and reduced need for regular servicing would stimulate the market prospects in the coming years.
Lawn & garden equipment is witnessing notable adoption in golf courses. An increasing number of golf participants worldwide has led to construction of new golf courses along with the refurbishment of existing ones. This trend, along with an upsurge in golf activity participation has fueled the demand for lawn and garden care equipment, bolstering the market expansion.
In terms of products, the lawn and garden equipment market share would grow on account of the rising sales of blowers. Leaf blowers are predicted to depict stellar growth owing to its various mechanical benefits including the reduction in need for rakes. Some blowers boast of vacuum functions with a collection bag to collect all the leaf and dust debris, accelerating its demand worldwide in residential complexes, playgrounds, and golf courses.
As per the regional purview, Asia Pacific is estimated to emerge as a revenue pocket in the global lawn and garden equipment industry. Expanding urbanization and a surge in housing activities as a result of the developing economic conditions in APAC economies would add impetus to the growing regional market landscape.
Besides, various sporting events in the region have led the influx of equipment demand to improve the visual appeal of various hosting stadiums. Additionally, an escalation in the number of playgrounds and golf courses in India, China, Japan, and other countries is as well driving the growth of electric-operated and fossil fuel operated mowers.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & Market definitions
1.2 Methodology & forecast parameters
1.3 COVID-19 impact calculations on the industry forecast
1.3.1 North America
1.3.2 Europe
1.3.3 Asia Pacific
1.3.4 Latin America
1.3.5 Middle East & Africa
1.4 Regional trends
1.5 Data sources
1.5.1 Primary
1.5.2 Secondary
Chapter 2 Executive Summary
2.1 Lawn & garden equipment market 360º synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Power trends
2.1.3 End use trends
2.1.4 Operation trends
2.1.5 Product trends
2.1.6 Regional trends
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