Building Material and Garden Equipment and Supplies Dealers Market Expansion Continues, with Forecast Valuation of $2437.84 Billion by 2029

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Building Material and Garden Equipment and Supplies Dealers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of building material and garden equipment and supplies dealers has seen robust growth in the past few years. The market which was valued at $1703.64 billion in 2024, is projected to reach $1844.74 billion in 2025, registering a compound annual growth rate (CAGR) of 8.3%. Factors such as home improvement projects, economic conditions, seasonal fluctuations, and technological developments have significantly contributed to the growth during the historical period.

Building Material and Garden Equipment and Supplies Dealers Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for robust growth in the building material and garden equipment and supplies dealers market in the coming years. The market size is projected to reach $2437.84 billion by 2029, expanding at a compound annual growth rate (CAGR) of 7.2%. Key factors driving this projected growth include a focus on sustainable and eco-friendly products, popularity of home renovation trends, advances in smart home and garden technology, an aging population, and infrastructure development. The period of forecast also brings in major market trends.

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What Are the Drivers Transforming the Building Material and Garden Equipment and Supplies Dealers Market?
The consistent economic expansion projected for numerous developed and developing nations is expected to positively impact the building materials and garden equipment and supplies dealers market. For instance, the European Commission, a governing body based in Belgium, reported that France's year-on-year GDP growth was 1.1% in 2024, with a forecasted increase to 1.4% in 2025. The resurgence of commodity prices, after a drop in the historic period, is likely to fuel this economic upswing. It is forecasted that the US economy will maintain steady growth in the upcoming period. Moreover, emerging markets are predicted to outpace developed markets slightly in their growth during this phase. This accelerated economic growth will likely spur public and private investments, promote partnerships, and attract foreign direct investments in the end-user markets, thereby acting as a driving force for the market in the forecasted timeframe.

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What Long-Term Trends Will Define the Future of the Building Material and Garden Equipment and Supplies Dealers Market?
Leading firms in the sphere of building materials, garden equipment, and supplies are concentrating on the creation of innovative solutions like gardening hand tools to increase user convenience, boost gardening productivity, and encourage sustainability. Gardening hand tools denote tools operated by hand which are employed for a range of gardening activities including digging, pruning, planting, weeding, and tending to the soil. For example, FELCO, a US-based enterprise, introduced a novel series of garden tools aimed at boosting gardening productivity and comfort in April 2023. The set includes crucial tools such as a trowel, cultivator, weeder, garden fork, and a Swiss Hori-Hori, all designed with an ergonomic focus to minimize strain and constructed from top-tier materials for longevity. Targeted at professional landscapers as well as hobbyist gardeners, this innovative series places emphasis on multifunctionality and user-friendly characteristics to enhance the overall experience of gardening.

Which Segments in the Building Material and Garden Equipment and Supplies Dealers Market Offer the Most Profit Potential?
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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Which Firms Dominate the Building Material and Garden Equipment and Supplies Dealers Market by Market Share and Revenue in 2025?
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.

Which Regions Offer the Highest Growth Potential in the Building Material and Garden Equipment and Supplies Dealers Market?
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.

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