The Lawn And Garden Tractor And Home Lawn And Garden Equipment 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 Lawn And Garden Tractor And Home Lawn And Garden Equipment Global Market Report 2024, The lawn and garden tractor and home lawn and garden equipment market size has grown steadily in recent years. It will grow from $30.5 billion in 2023 to $31.67 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to consumer preferences, homeownership trends, economic conditions.
The lawn and garden tractor and home lawn and garden equipment market size is expected to see steady growth in the next few years. It will grow to $36.21 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to sustainable and eco-friendly solutions, aging population, urban gardening, e-commerce and online sales, government regulations, extreme weather events. Major trends in the forecast period include seasonal variations, technological advancements, smart and connected devices, compact and versatile equipment.
Growing golf course areas and development in the green space have led to a rise in demand for lawn and garden tractors and the home lawn and garden equipment market. Garden tractors are used for regular maintenance of golf courses. According to the National Golf Foundation, around 25.1 million Americans played golf in 2021. The surge in the number of people playing golf is generating higher demand for golf courses. Therefore, the surge in golf courses and green space resulted in increased spending on garden equipment, garden tractor, lawn, and home lawn equipment.
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The lawn and garden tractor and home lawn and garden equipment market covered in this report is segmented –
1) By Product Type: Blowers; Chain Saws; Cutters & Shredders; Tractors; Lawn Mowers; Sprinkler & Hoses; Other Product Types
2) By Power: Manual; Electric-Powered; Gas-Powered; Other Powers
3) By Operation: Walk behind; Rider; Other Operations
4) By End User: Residential Users; Professional Landscaping Services; Other End Users
The lawn and garden tractor and home lawn and garden equipment market report table of contents includes:
- Executive Summary
- Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Characteristics
- Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Trends And Strategies
- Lawn And Garden Tractor And Home Lawn And Garden Equipment Market – Macro Economic Scenario
- Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Size and Growth
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- Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Competitive Benchmarking
- Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Lawn And Garden Tractor And Home Lawn And Garden Equipment Market
- Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Future Outlook and Potential Analysis
- Appendix
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