Lawn and Garden Equipment Market to reach USD 49,095.88 million by 2030

Lawn and Garden Equipment Market Overview :

lawn and garden equipment market size is projected to experience significant growth according to the figures you provided. A compound annual growth rate (CAGR) of 13% over an eight-year forecast period indicates a strong upward trend in the industry and projected to grow from USD 20,868.727 million in 2022 to USD 49,095.88 million by 2030.

lawn and garden equipment market refers to the industry that produces and sells tools, machinery, and equipment used for maintaining and beautifying outdoor spaces such as lawns, gardens, parks, and landscapes. This market includes a wide range of products designed to assist with tasks like mowing, trimming, watering, landscaping, and more..

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Lawn and Garden Equipment Key Market Players

List of the lawn and garden equipment market Key Companies in the include

The Toro Company

MTD

Kubota Corporation

Briggs & Stratton Corporation

Husqvarna Group

Deere & Company, among others

Lawn and Garden Equipment Market Segmentation:

The Lawn and Garden Equipment market is systematically examined through its key components, providing a comprehensive overview of the industry landscape.

 The Type Outlook categorizes the market based on equipment types, including Lawn Rider, Lawn ZTR (Zero Turn Radius), Walk Behind, Snow Throwers, and Trimmers and Edgers, offering insights into the diversity of products available in the market.

The End-Use Outlook differentiates between Residential and Commercial applications, presenting the market size in USD Billion for each segment and highlighting the varying needs within these sectors.

Regionally, the market is analyzed across North America, Europe, and the Rest of the World, offering a geographical breakdown of market dynamics. This detailed analysis equips stakeholders with valuable insights into the Lawn and Garden Equipment market, facilitating informed decision-making and strategic planning across different equipment types, end-users, and regions within the landscaping and gardening industry.

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Market Drivers:

Rising Interest in Landscaping and Outdoor Activities: As people spend more time at home and seek to enhance their outdoor spaces, the demand for lawn and garden equipment increases. Landscaping and gardening activities are not only seen as a means to improve the aesthetics of outdoor areas but also as a way to create functional and enjoyable spaces for leisure and relaxation.

Advancements in Technology: Technological innovations, including battery-powered equipment, robotic lawn mowers, and smart irrigation systems, are likely contributing to the growth of the market. These innovations offer convenience, efficiency, and sustainable solutions for lawn and garden maintenance.

Environmental Concerns: There's a growing awareness of the environmental impact of traditional lawn care practices. As a result, consumers are showing interest in eco-friendly and sustainable lawn and garden equipment, which could be driving the demand for new and more environmentally friendly products.

Urbanization and Green Spaces: The trend of urbanization has led to smaller outdoor spaces, and individuals are looking for ways to maximize their use. This could lead to increased demand for compact and efficient lawn and garden equipment that is well-suited for smaller yards and spaces.

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 Regional Insights:

The study offers market insights for North America, Europe, Asia-Pacific, and the Rest of the World regions. In 2021, the North America lawn sweepers market recorded a value of USD 7,719.58 million and is anticipated to demonstrate a significant CAGR growth throughout the study duration. This growth is attributed to the escalating disposable income and improved standard of living among consumers in the region. Additionally, the market in North America is expanding due to the increasing automation sector and the ready availability of raw materials. Materials such as aluminum, steel, and iron are now extensively utilized in the production of lawn and garden equipment, owing to their durability and widespread accessibility in countries like the US, Mexico, and Canada.

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