Press release
Driving Growth in the Global Lawn Mowers Market: Insights, Market Size, and Key Player Analysis
Lawn Mowers Market Share
What Is The Projected Market Size Of The Global Lawn Mowers Market And Its Growth Rate?
The lawn mowers market is witnessing persistent growth propelled by factors such as branding strategies, evolving lifestyle preferences, and government regulations. Key market projections include:
• The market size, which stood at $31.68 billion in 2024, will leap to $34.19 billion in 2025, growing at a CAGR of 7.9%.
• Future growth prospects look promising as the market size is projected to reach $46.88 billion in 2029, growing at a formidable CAGR of 8.2%.
• Anticipated market growth will be fostered by eco-friendly solutions, an inclination towards robotic mowers, government incentives, and rising consumer expectations of performance and efficiency.
What Is Driving The Growth In The Lawn Mowers Market?
The increasing popularity of sports activities is significantly bolstering the growth in the lawn mowers market. The market finds a crucial utilization in the landscaping of sports grounds to conduct various sports. By adhering to mowing schedules, observing safety measures, and preserving the turf's health throughout long sports seasons, the lawn mowers ensure superior sporting experiences. A report by the Sports & Fitness Industry Association indicated that an astounding 236.9 million individuals were involved in at least one sports activity in 2022, reinforcing the driving influence of booming sports activities on the lawn mower market.
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Who Are the Key Players Driving Lawn Mowers Market Growth?
The key players in the lawn mowers market include:
• American Honda Motor Co. Inc.
• Ariens Company
• Deere & Company
• Falcon Garden Tools
• Fiskars Oyj
• Husqvarna Group
• MTD Products
• Robert Bosch GmbH
• Robomow Friendly House
• Andreas Stihl AG & Co. KG
• Stanley Black & Decker Inc.
• Stiga S.p.A
• Kubota Corporation
• Honda Motor Co.Ltd.
• Changzhou Globe Co. Ltd.
• Stanley Black & Decker Inc.
• Poulan Pro
• Snapper Inc.
• Ryobi - Techtronic Industries Co. Ltd.
• The Scotts Miracle-Gro Company
What Are The Key Trends In The Lawn Mowers Market?
Key trends shaping the future of the lawn mowers market include:
• Advancements in battery technology rendering mowers more efficient and reliable.
• Customization and versatility enhancing user functionality and experience.
• Compact and lightweight designs enabling easier handling and operation.
• Shift to electric-powered mowers supporting a green and ecofriendly approach.
What Are The Segments Of The Global Lawn Mowers Market?
The global lawn mowers market is segmented based on:
1) Product: Manual, Electric, Petrol, Robotic, Other Products
2) Battery Type: Lithium-ion, Lead Acid
3) Distribution Channel: Online Channel, Retail Channel
4) End-User: Residential, Commercial Or Government
Which Region Leads The Lawn Mowers Market?
In 2024, North America emerged as the largest region in the lawnmower market. However, the coming years will see Asia-Pacific claim the fastest-growing region spot in the lawn mowers market during the forecast period. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Lawn Mowers Market Global Market Report?
- Market Size Analysis: Analyze the Lawn Mowers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lawn Mowers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lawn Mowers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lawn Mowers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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