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Lawn & Garden - Algeria

Algeria
  • In Algeria, the Lawn & Garden market generates a revenue of US$643.60m in 2024.
  • It is projected to experience an annual growth rate of 1.62% (CAGR 2024-2029).
  • When compared globally, United States leads the market with a revenue of US$133bn in 2024.
  • In terms of per capita revenue, each person in Algeria generates US$13.91 in 2024.
  • Despite its arid climate, Algeria has seen a rise in demand for drought-resistant plants and innovative irrigation systems in the lawn and garden market.

Definition:

In the segment Lawn & Garden, the focus lies on products that help homeowners and landscapers create and maintain attractive and functional outdoor living spaces. Included in this segment are plants, gardening tools, gardening plant supplies, and outdoor power equipment. Outdoor accessories, such as umbrellas and sunshades, and outdoor storage, such as a garden house, as well as non-electric grills and garden décor are also part of the segment.

Additional Information:

The market consists of revenue and average revenue per capita data. Per capita figures take into account the whole population. This market includes only B2C (business to consumer) sales. B2B (business to business) sales (e. g., hardware for coffee shops, offices, etc.) are excluded. Outdoor lamps are not included in this segment but can be found in the Lamps & Lighting segment of the Furniture market. For more information on the displayed data, click the info button on the right hand side of each box.

In-Scope

  • Gardening tools & outdoor power equipment
  • Plants & gardening supplies
  • Outdoor storage
  • Non-electric grills and supplies
  • Garden décor

Out-Of-Scope

  • Outdoor & garden furniture
  • Outdoor lamps
  • Farm and ranch supplies
  • Aquatic plants
Lawn & Garden: market data & analysis - Cover

Market Insights report

Lawn & Garden: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Notes: Data is shown using current exchange rates. The applied current exchange rates are displayed in the Key Market Indicators below.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Sales Channels

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Lawn & Garden market in Algeria is seeing minimal growth, influenced by factors like low consumer awareness and limited adoption of digital technologies. Convenience is not a significant driver in this market.

    Customer preferences:
    As more Algerians embrace urban gardening and sustainable living, there is a growing demand for eco-friendly and organic options in the Lawn & Garden Market within the DIY & Hardware Store Market. This shift towards environmentally-conscious consumerism has also led to an increase in sales of sustainable gardening tools and equipment. Furthermore, with an aging population, there is an emerging market for ergonomic and user-friendly gardening products that cater to the needs of elderly consumers. These trends reflect a growing awareness and prioritization of health and sustainability among Algerian consumers.

    Trends in the market:
    In Algeria, the lawn and garden market within the DIY & hardware store market is seeing a shift towards sustainable and eco-friendly products. This is driven by increasing awareness of environmental issues and a growing preference for organic and locally sourced products. Additionally, there is a rising demand for smart gardening tools and equipment that can be controlled via smartphone apps. These trends indicate a potential shift towards a more technologically advanced and environmentally conscious market, requiring industry stakeholders to adapt and innovate to meet changing consumer demands.

    Local special circumstances:
    In Algeria, the Lawn & Garden Market within the DIY & Hardware Store Market is influenced by the country's unique geographical and cultural factors. The dry desert climate and traditional gardening practices shape the demand for specific products and drive the growth of local brands. Additionally, Algeria's strict regulations on imported goods present barriers to entry for international players, creating opportunities for domestic businesses to thrive in the market.

    Underlying macroeconomic factors:
    The Lawn & Garden Market within the DIY & Hardware Store Market in Algeria is influenced by macroeconomic factors such as consumer spending, government policies, and economic stability. Algeria's strong focus on sustainable development and its stable economic growth have resulted in increased consumer confidence and disposable income, leading to a higher demand for DIY and garden products. Additionally, the government's strategic investments in infrastructure and support for small and medium-sized enterprises have further boosted the market by creating a conducive business environment and promoting local production. Furthermore, as the country aims to diversify its economy and reduce its reliance on oil, the DIY and garden market is expected to experience sustained growth due to increased investments and consumer spending.

    Methodology

    Data coverage:

    Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.

    Modeling approach / Market size:

    Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.

    Additional Notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Lawn & Garden: market data & analysis - BackgroundLawn & Garden: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Garden equipment and plants in the United States - statistics & facts

    Gardening is becoming an increasingly popular pastime in the United States. The pandemic freed up a lot of spare time for many homeowners, allowing them to remodel and redecorate their homes and lawns. Not only has this led to an increase in home improvement projects, but also to a measurable growth of the garden equipment and plants market. In 2020, the combined sales of building materials and garden equipment grew by 14 percent compared to the year before, at more than 425 billion U.S. dollars. Similarly, that same year the market size of the plant and flower growing industry increased, recovering from a sales dip in 2019.
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