Lawn Garden Equipment Market

Global lawn and garden equipment market in terms of volume is estimated to reach usd 47 million units by 2026, registering a 13.04% cagr during the forecast period. Amidst increasing climate change concerns, lawn & garden equipment market valuation has been depicting an upsurge on account of the soaring adoption of green roof technologies. Increasing indulgence in gardening activities across the globe will drive the lawn & garden equipment market size over the forecast period.

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This can be attributed to higher battery efficiency and rising initiatives of industry participants to lower the intermediate charging duration.

Lawn garden equipment market. The global lawn and garden equipment market is extensively researched about in the report with major focus on the vendor landscape, changes in competition, future growth opportunities, regional expansion, and other important aspects. This report examines the global power lawn and garden equipment industry, presenting historical demand data (2008, 2013, and 2018) and forecasts (2023) by product, power source, market, and region. The report covers segmentation and market dynamics for a better glimpse of the market in the coming years.

According to this study, over the next five years the lawn and garden equipment market will register a 3.3% cagr in terms of revenue, the global market size will reach us$ 21630 million by 2024. Industry players are emphasizing several initiatives, especially efforts to enhance battery efficiency. Lawn and garden equipment market size is estimated to surpass usd 45 billion by 2025, says latest research study by global market insights, inc.

Kg., black + decker inc., briggs & stratton, deere & company, echo incorporated, husqvarna ab, kohler co., makita corporation, mtd products incorporated, snow joe llc, textron incorporated, and brief overview of 11 companies is also provided in the report. Global lawn & garden equipment market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis. The report comes out as a powerful tool to gain access to useful insights into the global lawn and garden.

The global lawn & garden equipment market is expected to witness significant growth during the forecast period owing to the increasing number of golf courses and growing interest in gardening among youngsters. This can be attributed to higher battery efficiency and rising initiatives of industry participants to lower the intermediate charging duration. Lawnmowers dominated the gardening equipment market with a share of 35.3% in 2019.

Lawn & garden equipment market size was valued at over usd 28 billion in 2018 and is estimated to exhibit over 6.5% cagr from 2019 to 2025. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. Data for 2015 has been included as historical information.

Global power lawn and garden equipment market: Based on distribution channel, the lawn and garden equipment market can be divided into: Lawn & garden equipment market size is slated to surpass us$ 45 billion by 2025.