IMARC Group, a leading market research company, has recently releases report titled “Lawn and Garden Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global lawn and garden consumables market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Lawn and Garden Consumables Market?
The global lawn and garden consumables market size reached US$ 20.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.99% during 2023-2028.
Lawn and garden consumables include various products used for the landscaping and regular maintenance of lawns and gardens. Some commonly used lawn and garden consumables are seeds, mulch films, pesticides, fertilizers, and growing media. They provide various benefits, such as improving the soil structure, trapping stormwater runoff, suppressing carbon emissions, preventing the overgrowth of plants, controlling weed growth, cleaning the air while maintaining a healthy environment, and increasing the aesthetic appeal of the space. They also help filter dust and other pollutants from the air as they reduce soil erosion, control pollution, and enhance indoor air quality. As a result, they are extensively adopted across the commercial, residential, and industrial sectors.
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What are the growth prospects and trends in the lawn and garden consumables industry?
The market is primarily driven by the increasing consumer inclination toward landscaping, home gardening, and home decor. In addition, the rising construction activities of commercial and residential buildings are contributing to market growth. Moreover, the emerging trend of transforming outdoor spaces into lounges, entertainment areas, party sports, outdoor kitchens, and relaxing areas represents another major growth-inducing factor.
Apart from this, with the improving lifestyles, inflating disposable incomes and rapid urbanization, individuals are widely spending on various landscaping products, including gazebos, plants, and water fountains, which is providing a positive thrust to the market growth.
Furthermore, the development of advanced lawn and garden consumables that offer improved efficiency and convenience, the expanding real estate sector, the implementation of favorable government policies, and the increasing investments in urban green spaces and parks are some of the other factors creating a positive market outlook across the globe.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Fertilizers
- Pesticides
- Insecticides
- Fungicides
- Herbicides
- Others
- Seeds
- Mulch
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End User:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Ace Hardware Corporation, BASF SE, Bayer AG, BLACK+DECKER Inc. (Stanley Black & Decker Inc.), Central Garden & Pet Company, DLF Seeds A/S, DuPont de Nemours Inc., J.R. Simplot Company, Nutrien Ltd., Sakata Seed Corporation, Spectrum Brands Inc., The Andersons Inc., The Espoma Company and The Scotts Miracle-Gro Company.
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