Lawn And Garden Equipment Market Overview
- In 2023, the Lawn & Garden Equipment market was estimated to be worth USD 39.4 Billion.
- By 2034, the target market is expected to grow to USD 87.2 Billion.
- Target market is expanding at a CAGR of 7.2%
Market Overview:
Lawn & Garden Equipment Market growth is driven by increasing urban living has heightened interest in landscaping and home gardening which fuels the demand for lawn care products. High maintenance costs and the need for frequent equipment replacements poses challenges for sustained growth in the market.
Further, the continued investment in urban infrastructure and housing developments along with rising consumer spending on outdoor spaces will boost the future growth in the lawn and garden equipment sector.
Key Takeaways of Lawn & Garden Equipment Market:
- North America held the largest share of the market in 2024.
- Asia-Pacific is projected to be the fastest-growing market in the coming years.
- By Equipment Type, the Lawn Mowers accounted for the largest share of the Lawn & Garden Equipment market in 2024.
- By End User, the residential segment dominated the market globally in 2024.
- Automated and robotic lawn mowers represents about 10-15% of overall sales.
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Lawn And Garden Equipment Market Drivers & Restraints
Key Drivers of Target Market:
Growing Residential Landscaping Activities:
This region is continuously increasing with rising disposable incomes and great importance given to aesthetics at home. Therefore, spending on landscaping and garden care by householders has increased. The phenomenon of outdoor living spaces largely enhances the demand for lawn and garden machinery in residential End Users.
Expansion of Commercial Landscaping Services:
There is a growing need for landscaping professionals in large-scale units such as commercial places, golfing grounds and public areas because of the demand for efficient lawn and garden equipment.
Restrains:
Consumer Preference shifts:
Changing consumer preferences towards minimalistic lifestyles reduces the demand for traditional lawn care equipment.
- Counterbalance Statements: The growing trend of urban gardening and small space solutions is creating new opportunities for innovative products tailored to smaller environments.
Lawn And Garden Equipment Market Segmentations & Regional Insights
The market is segmented based on Equipment Type, Power Source, End User, and Region.
By Equipment Type |
By Power Source |
By End User |
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Equipment Type Insights:
On the basis of Equipment Type, Lawn & Garden Equipment Market is segmented into Lawn Mowers, Chainsaws, Trimmers & Edgers, Blowers, Tillers, Snow Throwers, and Others. Lawn mowers are projected to lead the target market growth as they are essential for maintaining residential lawns, sports fields, and commercial properties which makes them a staple in lawn care.
Power Source Insights:
The Lawn & Garden Equipment market by Technology is segmented into Gas-powered, Electric-powered, Battery-powered, and Manual-powered. Electric-powered equipment dominates the Lawn & Garden Equipment Market which holds a share of approx. 46.4% in recent growing years with growing awareness of global warming and fuel emissions.
End User Insights:
Golf Courses & Sports Arenas, Government & Municipalities, Professional Landscaping, Residential, and Others contribute to the growing Lawn & Garden Equipment market by Technology. The Lawn & Garden Equipment Market is dominated by the residential segment because of the rise in do-it-yourself gardening, which has increased sales of equipment that is user-friendly and reasonably priced for domestic use.
Regional Insights
- North America: In this region, there is a strong cultural inclination towards maintaining lawns and gardens which are supported by a significant number of single-family homes.
- Asia Pacific: This region is seeing a shift towards more advanced gardening equipment which includes electric and automated tools. As more people move to urban areas there is a rising interest in gardening and landscaping.
Lawn & Garden Equipment Market Report Scope:
Attribute |
Details |
Market Size 2024 |
USD 46.2 Billion |
Projected Market Size 2034 |
USD 87.2 Billion |
CAGR Growth Rate |
7.2% (2024-2034) |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities across sub-segments from 2024 to 2034. It segments the market by Equipment Type, Power Source, End User, and Region.
Segmentation:
By Equipment Type:
- Lawn Mowers
- Chainsaws
- Trimmers & Edgers
- Blowers
- Tillers
- Snow Throwers
- Others
By Power Source:
- Gas-powered
- Electric-powered
- Battery-powered
- Manual-powered
By End-User:
- Residential
- Professional Landscaping
- Golf Courses & Sports Arenas
- Government & Municipalities
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Lawn And Garden Equipment Market Competitive Landscape & Key Players
The key players operating in the Lawn & Garden Equipment Market include Deere & Company, Husqvarna Group, Honda Motor Co., Ltd., STIHL Group, The Toro Company, MTD Products, Robert Bosch GmbH, Kubota Corporation, Briggs & Stratton Corporation, Makita Corporation, Stanley Black & Decker, Inc., Ariens Company, Yamabiko Corporation, AL-KO Kober Group, and Echo Incorporated.
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Lawn And Garden Equipment Market Recent News
- In March 2024, John Deere introduced a new line of fully electric zero-turn lawn mowers designed for both residential and commercial use. This launch marks a significant step in the company’s push towards sustainable landscaping solutions, with features like quiet operation, zero emissions, and advanced battery technology.
- In July 2023, Husqvarna announced the expansion of its robotic lawn mower lineup with the launch of the Automower 450X EPOS. This mower utilizes satellite-based navigation, eliminating the need for physical boundary wires, and is aimed at professional landscapers looking for efficient and autonomous solutions.
Lawn & Garden Equipment Market Analyst View:
The market for Lawn & Garden Equipment is boosting rapidly with some of the major factors like urbanization, advanced technology as well as shifting consumer preferences. As more and more people spend on outside aesthetics, there will probably be a significant increase in demand for unique and useful gardening solutions in the coming years.
Lawn And Garden Equipment Market Company Profile
- Deere & Company
- Husqvarna Group
- Honda Motor Co., Ltd.
- STIHL Group
- The Toro Company
- MTD Products
- Robert Bosch GmbH
- Kubota Corporation
- Briggs & Stratton Corporation
- Makita Corporation
- Stanley Black & Decker, Inc.
- Ariens Company
- Yamabiko Corporation
- AL-KO Kober Group
- Echo Incorporated
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Lawn And Garden Equipment Market Highlights
FAQs
Lawn & Garden Equipment Market Size was valued at USD 46.2 Billion in 2024 and is expected to reach USD 87.2 Billion by 2034, growing at a CAGR of 7.2%
The Lawn & Garden Equipment Market is segmented into Equipment Type, Power Source, End-User, and Region.
The market is being driven by factors such as the growing residential landscaping activities, and expansion of commercial landscaping services.
The restraints of the Lawn & Garden Equipment market include environmental concerns and regulations, and seasonal nature of demand.
The Lawn & Garden Equipment Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.
The key players operating the Lawn & Garden Equipment Market include Deere & Company, Husqvarna Group, Honda Motor Co., Ltd., STIHL Group, The Toro Company, MTD Products, Robert Bosch GmbH, Kubota Corporation, Briggs & Stratton Corporation, Makita Corporation, Stanley Black & Decker, Inc., Ariens Company, Yamabiko Corporation, AL-KO Kober Group, and Echo Incorporated.