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Evolving Market Trends In The Building Material and Garden Equipment and Supplies Dealers Industry: Innovative Gardening Hand Tools Enhancing Efficiency and Sustainability
The Building Material and Garden Equipment and Supplies Dealers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Building Material and Garden Equipment and Supplies Dealers Market Size During the Forecast Period?
The building material and garden equipment and supplies dealers market has shown strong growth in recent years. It is projected to expand from $1703.64 billion in 2024 to $1844.74 billion in 2025, reflecting a CAGR of 8.3%. Factors behind this growth include increased home renovation activity, favorable economic trends, seasonal demand fluctuations, and advances in technology.
The building material and garden equipment and supplies dealers market is expected to see strong growth, reaching $2437.84 billion in 2029 with a CAGR of 7.2%. Growth factors include demand for eco-friendly products, home renovation trends, smart technology in gardening, an aging population, and infrastructure development. Major trends include sustainability, home renovation, and advanced gardening solutions.
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What Are the High-Growth Segments in the Building Material and Garden Equipment and Supplies Dealers Market?
The building material and garden equipment and supplies dealers market covered in this report is segmented -
1) By Type: Building Material And Supplies Dealers, Lawn And Garden Equipment And Supplies Stores
2) By Ownership: Retail Chain, Independent Retailer
3) By Type of Store: Exclusive Retailers Or Showroom, Inclusive Retailers Or Dealer Store
Subsegments:
1) By Building Material And Supplies Dealers: Lumber And Other Building Materials Dealers, Paint And Wallpaper Stores, Glass And Glazing Contractors, Concrete And Cement Dealers, Roofing, Siding, And Insulation Materials Dealers, Other Building Material And Supplies Dealers
2) By Lawn And Garden Equipment And Supplies Stores: Lawn And Garden Equipment Dealers, Nursery, Garden Center, And Farm Supply Stores, Other Lawn And Garden Equipment And Supplies Stores
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What Key Drivers Are Expected to Influence Future Building Material and Garden Equipment and Supplies Dealers Market Growth?
The building materials and garden equipment and supplies dealers market is expected to benefit from continued economic growth in both developed and emerging economies. For instance, in November 2024, the European Commission reported that France's GDP growth reached 1.1% in 2024 and is projected to grow to 1.4% in 2025. Alongside the recovery of commodity prices and ongoing development in emerging markets, this growth is likely to attract investment, encourage partnerships, and drive the market forward.
Which Companies Hold the Largest Share Across Different Building Material and Garden Equipment and Supplies Dealers Market Segments?
Major companies operating in the building material and garden equipment and supplies dealers market include The Home Depot Inc., Lowe's Companies Inc., Wesfarmers Limited, Falabella SA, Rewe Group, Steinhoff International Holdings NV, Ace Hardware Corporation, Beijing Easyhome Investment Holding Group Co. Ltd., Menard Inc., Builders FirstSource Inc., Building Materials Holding Corporation, Beacon Roofing Supply Inc., ABC Supply Co. Inc., 84 Lumber Company, Allied Building Products Corp., Fastenal Company, Ferguson Enterprises LLC, HD Supply Holdings Inc., Watsco Inc., GMS Inc., L&W Supply Corporation, US LBM Holdings Inc., BlueLinx Holdings Inc., Beacon Roofing Supply Canada Company, SRS Distribution Inc., Foundation Building Materials Inc., SiteOne Landscape Supply Inc., Pool Corporation, Tractor Supply Company, Rural King Supply Inc., At Home Group Inc., Floor & Decor Holdings Inc., Sherwin Williams Company, PPG Industries Inc., The Scotts Miracle Gro Company, Central Garden & Pet Company.
What Trends Are Driving Growth in The Building Material and Garden Equipment and Supplies Dealers Market?
Companies in the building materials and garden equipment market are developing new solutions like gardening hand tools to improve user convenience, gardening efficiency, and sustainability. For example, in April 2023, FELCO, a US-based company, launched a new range of garden tools designed to improve comfort and efficiency. The collection includes ergonomic tools such as trowels, cultivators, and a Swiss Hori-Hori, made with high-quality materials and designed to reduce strain for both professional landscapers and gardening enthusiasts.
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What Are the Emerging Geographies for The Building Material and Garden Equipment and Supplies Dealers Market Growth?
North America was the largest region in the building material and garden equipment and supplies dealers market in 2023. Asia-Pacific was the second-largest region in the building material and garden equipment and supplies dealers market. The regions covered in the building material and garden equipment and supplies dealers' market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Building Material and Garden Equipment and Supplies Dealers Market?
2. What is the CAGR expected in the Building Material and Garden Equipment and Supplies Dealers Market?
3. What Are the Key Innovations Transforming the Building Material and Garden Equipment and Supplies Dealers Industry?
4. Which Region Is Leading the Building Material and Garden Equipment and Supplies Dealers Market?
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