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Lawn and Garden Equipment Market Share

Report ID: GMI4410
Published Date: Nov 2024
Report Format: PDF

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Lawn and Garden Equipment Market Share

Global Lawn and Garden Equipment Company Market Share Analysis (2023)

The global market is moderately fragmented. Prominent players, including Deere & Company, Husqvarna Group, The Toro Company, Briggs and Stratton, and Stanley Black & Decker, command a market share of approximately 35-40%.

The market are characterized by intense competition, with manufacturers vying for market share through product innovation, sustainability initiatives, strategic pricing, and superior customer service. Companies are increasingly developing eco-friendly and energy-efficient products, such as electric and robotic mowers, to address growing environmental concerns. Technological advancements, particularly in smart lawn care solutions, play a crucial role in product differentiation.

Lawn and Garden Equipment Market Companies

Major players operating in the lawn and garden equipment industry are:

Ariens Company
Briggs & Stratton Corporation
Deere & Company
Falcon Garden Tools
Fiskars Group
Honda Motor Co., Ltd
Husqvarna Group
Koki Holdings Co., Ltd
Kubota Corporation
Makita Corporation
MTD Holdings Inc
Robert Bosch GmbH
Stanley Black & Decker
STIGA S.p.A
Stihl Holding AG & Co. KG
Techtronic Industries Co. Ltd (TTI)
The Toro Company

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global lawn and garden equipment industry was valued at USD 38.9 billion in 2023 and is projected to grow at a 6.4% CAGR from 2024 to 2032, driven by the rise in urban gardening and landscaping initiatives.

The lawn mowers market reached USD 11.6 billion in 2023 and is expected to grow at a 6.8% CAGR from 2024 to 2032, fueled by the essential need for lawn maintenance in both residential and commercial sectors.

The U.S. lawn and garden equipment market was valued at USD 8.1 billion in 2023 and is anticipated to grow at a 6.6% CAGR from 2024 to 2032, supported by a large base of homeowners with expansive lawns and a strong DIY culture.

Key players in the industry include Ariens Company, Briggs & Stratton Corporation, Deere & Company, Falcon Garden Tools, Fiskars Group, Honda Motor Co., Ltd, Husqvarna Group, Koki Holdings Co., Ltd, Kubota Corporation, and Makita Corporation.