Press release
Garden Soil Market Poised for 8.4 % Growth, Set to Hit $7.19 Billion by 2029
"How Is the Garden Soil Market Projected to Grow, and What Is Its Market Size?In recent history, there has been a significant expansion in the garden soil market. The market value is projected to increase from $4.44 billion in 2024 to $4.83 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.7%. This growth during the historic period can be traced back to the rising enthusiasm for home gardening, increased understanding and application of organic farming techniques, government initiatives, heightened awareness of environmental concerns, and the broadening of distribution networks.
The market size of garden soil is projected to experience substantial growth in the forthcoming years. The value is predicted to escalate to $6.68 $ billion by 2029, growing at a compound annual growth rate (CAGR) of 8.4%. The surge in the given prediction period can be accredited to the increase in urban habitation, the influence of climate change on gardening methods, an escalating focus on the health of soil, educational endeavors, and promotional drives. Key trends during the forecast period incorporate evolutions in soil compositions, advancements in technology, customization and specialization, improved soil wellbeing, and the combination of fertilizer and soil items.
What Are the Key Drivers Behind the Growth of the Garden Soil Market?
The escalating fascination with gardening is predicted to fuel the expansion of the garden soil market in the future. Gardening encompasses the nurturing and cultivation of plants, flowers and vegetables in a regulated setting, such as a garden or greenhouse. The reasons behind the upsurge in gardening interest are manifold, ranging from health advantages, urbanization, sustainability, personal gratification, to community involvement. Garden soil bolsters gardening enthusiasm by supplying the crucial nutrients and framework required for plants to flourish, leading to healthier and more lively gardens. For instance, in April 2023, the National Gardening Survey 2023 conducted by the National Gardening Association, an American nonprofit organization, revealed that expenditure on lawn and gardening chores continued to escalate, with the average American household spending $616 in 2022, a rise of $74 compared to 2021. As such, the amplified interest in gardening is steering the enlargement of the garden soil market.
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Who Are the Major Industry Players Fueling Garden Soil Market Expansion?
Major companies operating in the garden soil market are The Scotts Miracle-Gro Company, Sun Gro Horticulture, Denbow Ltd., COMPO Group, Florentaise, Peats Soil & Garden Supplies, ASB Greenworld Ltd., Klasmann-Deilmann Gmbh, The Espoma Company, Good Earth, Southeast Soils Peat Company Inc., FoxFarm Soil & Fertilizer Co., Organic Mechanics Soil, Michigan Peat Company, Dr Earth, Lambert Peat Moss, Penick Organics, Sol Soils, Vermicrop Organics, Vigoro
Which Key Developments Are Influencing the Garden Soil Market?
Companies prominent in the garden soil market, like the major ones, are prioritizing the launch of creative products, such as organic and peat-free soils. These are designed with an eye on burgeoning markets, and also contribute to supporting sustainability and fostering innovation in the gardening sector. The type of soil that is organic and void of peat, which uses eco-friendly substances such as compost and coir instead, is making significant progress. This serves as a green alternative to care for plants. For instance, Back to the Roots, a enterprise based in the US that specializes in home gardening products, unveiled Organic Potting Mix, Garden Soil, and Raised Bed Mix in April 2024. These offerings include 100% organic, peat-free soil derived from recycling local green waste. The packaging is done entirely with post-consumer recycled plastic, expanding their product range to more fully address organic gardening needs. This move highlights increasing interest from consumers in environmentally-friendly goods while establishing a fresh benchmark for eco-friendly packaging within the gardening sector.
How Is the Segmentation of the Garden Soil Market Defined?
The garden soilmarket covered in this report is segmented -
1) By Type: Peat Potting Soil, Peat Free Potting Soil
2) By Constituents: Organic Matter, Peat Moss, Perlite, Soil, Vermiculite
3) By Application: Indoor Gardening, Greenhouse, Lawn And Landscaping, Other Applications
Subsegments:
1) By Peat Potting Soil: Sphagnum Peat Moss, Reed Sedge Peat, Hypnum Peat, Peat-based Mixes
2) By Peat Free Potting Soil: Coir (Coconut Fiber), Compost-based Soil, Wood Fiber Mixes, Bark-based Potting Soil, Biochar-based Soil
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What Is the Leading Region in the Garden Soil Market?
North America was the largest region in the garden soil market in 2024. The regions covered in the garden soil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Garden Soil Global Market Report?
- Market Size Analysis: Analyze the Garden Soil Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Garden Soil 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 Garden Soil Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Garden Soil Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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