Home > Consumer Goods & Services > Home Improvement > Gardening Equipment > Lawn and Garden Equipment Market
The global lawn and garden equipment market size reached a valuation of USD 38.9 billion in 2023 and is projected to register a CAGR of 6.4% from 2024 to 2032. Urban gardening and landscaping initiatives are on the rise, driving up the demand for specialized lawn and garden equipment. With urban residents taking up horticulture in limited spaces like balconies, rooftops, and small yards, there is a growing need for compact yet high-performance tools. At the same time, the industry is pivoting towards sustainable gardening, boosting the demand for eco-friendly tools and equipment.
The lawn and garden equipment market are undergoing a substantial transformation driven by technological advancements, particularly in the realms of robotic lawnmowers and intelligent irrigation systems. These innovations offer enhanced user convenience, operational efficiency, and water conservation capabilities. The increasing affordability of these automated devices has led to their widespread adoption among residential consumers, thereby contributing to market expansion.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Lawn and Garden Equipment Market Size in 2023: | USD 38.9 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.4% |
2032 Value Projection: | USD 67.5 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 225 |
Tables, Charts & Figures: | 49 |
Segments covered: | Product Type, Power, Price, End User, Distribution Channel, Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|