The Building Material and Garden Equipment and Supplies Dealers 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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According to The Business Research Company’s Building Material and Garden Equipment and Supplies Dealers Global Market Report 2024, The building material and garden equipment and supplies dealers market size has grown strongly in recent years. It will grow from $1548.38 billion in 2023 to $1671.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to home improvement projects, economic conditions, seasonal variations, technological advancements.
The building material and garden equipment and supplies dealers market size is expected to see strong growth in the next few years. It will grow to $2228.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to sustainable and eco-friendly products, home renovation trends, smart home and garden technology, aging population, infrastructure development. Major trends in the forecast period include .
The building materials and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period.
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The building material and garden equipment and supplies dealers market covered in this report is segmented –
1) By Type: Building Material and Supplies Dealers; Lawn and Garden Equipment and Supplies Stores
2) By Ownership: Retail Chain; Independent Retailer
3) By Type of Store: Exclusive Retailers/Showroom; Inclusive Retailers/Dealer Store
The building material and garden equipment and supplies dealers market report table of contents includes:
1. Executive Summary
2. Building Material and Garden Equipment and Supplies Dealers Market Characteristics
3. Building Material and Garden Equipment and Supplies Dealers Product/Service Analysis -Product/Service Examples
4. Building Material and Garden Equipment and Supplies Dealers Market Trends And Strategies
5. Building Material and Garden Equipment and Supplies Dealers Market – Macro Economic Scenario
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68. Global Building Material and Garden Equipment and Supplies Dealers Market Competitive Benchmarking
69. Global Building Material and Garden Equipment and Supplies Dealers Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Building Material and Garden Equipment and Supplies Dealers Market
71. Building Material and Garden Equipment and Supplies Dealers Market Future Outlook and Potential Analysis
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