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Garden Soil Market Growth Accelerates: Strategic Forecast Predicts $6.67 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Garden Soil Industry Market Size Be by 2025?
The market size for garden soil has seen robust growth in recent years. The market is projected to expand from $4.44 billion in 2024 to $4.83 billion in 2025, marking a compound annual growth rate (CAGR) of 8.7%. The previous growth period's expansion has been driven by factors such as heightened interest in home gardening, increased consciousness and the implementation of organic farming measures, government initiatives, rising awareness towards environmental concerns, and broadening of distribution networks.
What's the Long-Term Growth Forecast for the Garden Soil Market Size Through 2029?
The market size for garden soil is predicted to witness a robust increase in the coming years, reaching a value of $6.68 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 8.4%. This projected growth in the specified period is due to factors such as the rise in urban living, climate change influencing gardening practices, increasing attention to soil wellbeing, educational programs, and marketing strategies. The key trends to watch during this forecasted time frame include development in soil mixtures, advancements in technology, customization and tailoring, improved soil health, and the combination of fertilizers with soil products.
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What Are the Key Growth Drivers Fueling the Garden Soil Market Expansion?
The burgeoning enthusiasm for gardening is predicted to fuel the expansion of the garden soil market. Seen as the cultivation of plants, flowers, and vegetables in a regulated setting such as a garden or greenhouse, gardening is drawing increasing attention. This surge is attributed to a multitude of factors including health benefits, urbanization, sustainability, personal fulfillment, and community participation. Garden soil, by supplying essential nutrients and structure to plants, fosters the gardening interest and leads to healthier, more vibrant gardens. As per the National Gardening Association, a US-based non-profit organization's National Gardening Survey 2023, there was a continued upswing in spending on lawn and gardening activities. The average household expenditure, in April 2023, was $616 for 2022, signifying an augumentation of $74 from 2021. Consequently, this growing enthusiasm for gardening is propelling the surge of the garden soil market.
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What Are the Key Trends Driving Garden Soil Market Growth?
Leading corporations in the garden soil market are concentrating on creating new offerings such as organic and peat-free soils. These innovative products aim to cater to an expanding market and promote sustainability and invention in the gardening sphere. Instead of peat, organic and peat-free soil utilizes environment-friendly materials like coir and compost in order to provide a sustainable way of growing plants. An example of this is the launch by Back to the Roots, an American home gardening product firm, of Organic Potting Mix, Garden Soil, and Raised Bed Mix in April 2024. These products comprise 100% organic and peat-free soil derived from local green waste that is upcycled, and they are packaged in entirely post-consumer recycled plastic. Moreover, the company expands its range to encompass all-encompassing organic gardening solutions. This move signifies the increasing consumer requirement for eco-friendly goods and establishes a new benchmark for sustainable packaging in the gardening sector.
How Is the Garden Soil Market Segmented?
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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Which Companies Are Leading the Charge in Garden Soil Market Innovation?
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 Regions Are Leading the Global Garden Soil Market in Revenue?
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.
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