The Riding Mowers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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Riding Mowers Market Size, Share And Outlook To 2024-2033 (thebusinessresearchcompany.com)
According to The Business Research Company’s Riding Mowers Global Market Report 2024, The riding mowers market size has grown steadily in recent years. It will grow from $10.67 billion in 2023 to $11.08 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to consumer demand, landscaping trends, aging population, urbanization.
The riding mowers market size is expected to see steady growth in the next few years. It will grow to $12.66 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to environmental concerns, homeownership trends, economic factors. Major trends in the forecast period include electric and battery-powered mowers, smart and connected mowers, customization and accessories, weather-resistant and all-season models.
The rise in lawn care and gardening activities and large garden areas in public places, schools, and recreational places drive the riding mowers market. Riding mowers are easy to use when compared with push lawnmowers when large areas are being mowed. People are turning towards lawn care and gardening for reasons such as a hobby, to obtain a sense of accomplishment, a way to reduce stress, and access to fresh food. According to ScottsMiracle-Gro’s survey released in July 2021, more than 67% of American adults are currently gardening or caring for their lawn during the COVID-19 outbreak. According to the Office for National Statistics survey, around 45% of Britons are coping with the lockdown by gardening. Lawn care and gardening activities require mowers for trimming the grass that enhances the image of the property. Increasing garden activities and the benefit that ride mowers provide propel the growth of the riding mowers market.
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The riding mowers market covered in this report is segmented –
1) By Type: Rear Engine Riding Mowers; Tractors (includes lawn and garden tractors); Zero Turning Radius (ZTR) Mowers
2) By Fuel Type: Gas-Powered, Propane-Powered, Electric-Powered, Cordless/Battery, Electric Corded
3) By End User: Residential; Commercial
The riding mowers market report table of contents includes:
- Executive Summary
- Riding Mowers Market Characteristics
- Riding Mowers Market Trends And Strategies
- Riding Mowers Market – Macro Economic Scenario
- Global Riding Mowers Market Size and Growth
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- Global Riding Mowers Market Competitive Benchmarking
- Global Riding Mowers Market Competitive Dashboard
- Key Mergers And Acquisitions In The Riding Mowers Market
- Riding Mowers Market Future Outlook and Potential Analysis
- Appendix
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