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Lawn And Garden Tractor And Home Lawn And Garden Equipment Market: Major Trends Reshaping the Future of the Industry
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 Lawn And Garden Tractor And Home Lawn And Garden Equipment Industry Market Size Be by 2025?
Over the past few years, the size of the lawn and garden tractor and home lawn and garden equipment market has seen considerable growth. It is projected to increase from $34.24 billion in 2024 to $36 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. Factors contributing to this growth in the past include consumer tastes, homeownership patterns, and the state of the economy.
What's the Long-Term Growth Forecast for the Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Size Through 2029?
Over the coming years, the market size for lawn and garden tractors, along with home lawn and garden equipment, is projected to experience significant growth. The prediction is for this sector to expand to $44.85 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. This anticipated growth during the forecast period is due to factors such as sustainable and eco-responsive methods, the aging demographic, urban gardening practices, e-commerce growth, governmental policies, and extreme weather events. Key trends expected during this period comprise seasonal shifts, technological progression, the advent of intelligent and integrated gadgets, and the increase in compact, multipurpose tools.
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What Are the Key Growth Drivers Fueling the Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Expansion?
The proliferation of golf courses and the expansion of green spaces has resulted in a heightened demand for lawn and garden tractors, as well as other home lawn and garden equipment. Garden tractors are routinely used for the upkeep of golf courses. For example, the National Golf Foundation, a non-profit organization based in the US, reported that in 2022, an estimated 25.6 million Americans participated in golf. This represents an increase of 500,000 golfers from 2021. The rising number of golf players is driving the need for more golf courses. Consequently, the growth in golf courses and green spaces has led to an upsurge in expenditure on garden tools, garden tractors, lawn and other home lawn equipment.
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Which Emerging Trends Are Transforming the Lawn And Garden Tractor And Home Lawn And Garden Equipment Market in 2025?
Technological innovation is becoming a significant trend in the lawn and garden tractor and home lawn and garden equipment industry. Many industry-leading firms are focusing on the development of new technologies such as battery-powered tools to provide customers with improved convenience and functionality. For instance, ECHO Incorporated, a power tools and equipment producer based in the US, unveiled the ECHO eFORCE 56V Battery System in 2022. The new product line of battery-operated outdoor equipment tailored for residential lawn and garden maintenance offers homeowners an exceptional choice of powerful, easy-to-operate outdoor tools for their home garden, boasting the same quality and power used by expert landscapers.
How Is the Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Segmented?
The lawn and garden tractor and home lawn and garden equipmentmarket covered in this report is segmented -
1) By Product Type: Blowers, Chain Saws, Cutters And Shredders, Tractors, Lawn Mowers, Sprinkler And Hoses, Other Product Types
2) By Power: Manual, Electric-Powered, Gas-Powered, Other Powers
3) By Operation: Walk behind, Rider, Other Operations
4) By End User: Residential Users, Professional Landscaping Services, Other End Users
Subsegments:
1) By Blowers: Handheld Blowers, Backpack Blowers, Wheeled Blowers
2) By Chain Saws: Gas-powered Chain Saws, Electric Chain Saws, Battery-powered Chain Saws
3) By Cutters And Shredders: String Trimmers, Hedge Trimmers, Brush Cutters, Lawn Edgers
4) By Tractors: Riding Tractors, Garden Tractors, Utility Tractors
5) By Lawn Mowers: Push Lawn Mowers, Self-propelled Lawn Mowers, Riding Lawn Mowers, Robotic Lawn Mowers, Zero-turn Mowers
6) By Sprinklers And Hoses: Garden Hoses, Hose Reels, Sprinkler Systems, Sprinkler Heads
7) By Other Product Types: Fertilizer Spreaders, Weed Killers, Leaf Vacuums, Garden Tools (Shovels, Rakes)
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Which Companies Are Leading the Charge in Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Innovation?
Major companies operating in the lawn and garden tractor and home lawn and garden equipment market include Ariens Company, Deere and Company, Husqvarna Group, Briggs and Stratton Corporation, Toro Company, STIHL AG and Co. KG, Emak SpA, Stanley Black and Decker Inc., Makita Corporation, Honda Motor Co. Ltd., Alamo Group, Fiskars Group, MTD Products Inc, Kubota Corporation, Mahindra & Mahindra Limited, Tata Motors Limited, Simplicity Manufacturing Company, Troy-Bilt LLC, Black and Decker, Greenworks, Worx, Ryobi Limited, Scotts Miracle-Gro Company, Earthwise, Snow Joe LLC, Homelite, PowerSmart, Generac Power Systems Inc., Bad Boy Mowers, Ferris Industries Inc., Scag Power Equipment, Swisher Acquisition Inc., Gravely, Hustler Turf Equipment
Which Regions Are Leading the Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market in Revenue?
Asia-Pacific was the largest region in the lawn and garden tractor and home lawn and garden equipment market in 2024. North America was the second largest region in the agricultural implement market. The regions covered in the lawn and garden tractor and home lawn and garden equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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