The global demand for lawn and garden equipment is on the rise as consumers and businesses alike invest more in outdoor spaces, landscaping, and sustainable gardening practices. With a surge in residential gardening, expanding commercial landscaping services, and increased urban green initiatives, the market is gaining significant traction across developed and developing economies.
The Lawn & Garden Equipment Market size was valued at USD 27.90 billion in 2023 and is now anticipated to grow to USD 54.39 billion by 2032, displaying a compound annual growth rate (CAGR) of 7.7% during the forecast period (2024–2032). The robust market expansion is being fueled by technological advancements such as battery-powered and robotic lawnmowers, increasing DIY home improvement trends, and growing awareness about environmental sustainability.
Key Market Drivers:
Rising Demand for Sustainable Landscaping Solutions
Environmentally-conscious consumers are driving the adoption of electric and battery-powered garden tools. These solutions reduce emissions and noise pollution, making them an attractive choice for both homeowners and commercial operators.Technological Innovation in Equipment Design
From smart irrigation systems to autonomous lawn mowers, manufacturers are integrating IoT and automation technologies into garden equipment to boost efficiency, reduce manual labor, and enhance user experience.Growth in Urban Gardening and Residential Landscaping
With more people investing in home improvement and garden aesthetics, the residential segment is contributing significantly to market growth. Urban gardening trends, including balcony and rooftop gardening, are particularly prominent in densely populated cities.Expansion of the Commercial Landscaping Sector
Commercial spaces such as resorts, corporate parks, and public institutions are increasing their investments in professional landscaping to enhance aesthetic appeal and environmental value, driving demand for heavy-duty equipment.
Key Players
Ariens Company
American Honda Motor Co. Inc.
Briggs Stratton
Deere & Company
Falcon Garden Tools
Fiskars
Husqvarna Group
Robert Bosch GmbH
Robomow Friendly House
The Toro Company
Conclusion:
The lawn and garden equipment market is set for substantial growth over the next decade, supported by evolving consumer preferences, innovative product development, and a growing focus on green spaces. Industry players who emphasize eco-friendly technologies, product automation, and strategic global expansion will be well-positioned to capitalize on emerging opportunities in this dynamic and flourishing market.
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