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.
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
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Lawn & Garden market in Central Africa is experiencing minimal growth, influenced by factors such as low disposable income, lack of awareness about DIY and hardware stores, and limited access to online services. Despite this, the market is expected to see steady growth due to increasing interest in home improvement and gardening among consumers.
Customer preferences: 'As more individuals prioritize outdoor space and leisure activities, there is a growing demand for sustainable and eco-friendly lawn and garden products. This trend is driven by a heightened awareness of environmental impact and a desire for healthier living. Consumers are also placing importance on convenience, leading to a rise in sales of landscaping and gardening tools that require minimal maintenance. With a focus on self-sufficiency, consumers are also increasingly turning to DIY gardening and landscaping techniques, resulting in a boost in sales for DIY and hardware stores.'
Trends in the market: In Central Africa, the Lawn & Garden Market within the DIY & Hardware Store Market is experiencing a rise in demand for eco-friendly and sustainable products. This trend is in line with the global push for environmentally friendly practices and is driven by consumers' growing awareness of the impact of traditional gardening methods on the environment. This trajectory presents opportunities for industry stakeholders to innovate and offer greener lawn and garden solutions. However, there may also be challenges, such as adapting to new regulations and consumer demands, but overall, this trend has the potential to bring positive change in the industry.
Local special circumstances: In Central African countries, the Lawn & Garden Market within the DIY & Hardware Store Market faces unique challenges. These include limited access to gardening equipment and supplies, as well as the prevalence of traditional gardening methods. Additionally, cultural beliefs surrounding the use of chemicals and pesticides may impact the demand for certain products. Furthermore, government regulations aimed at protecting the environment may also affect the availability and pricing of certain products. These factors must be carefully considered by companies operating in this market to effectively cater to the needs and preferences of local consumers.
Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market is affected by macroeconomic factors such as consumer spending, housing market trends, and climate patterns. Countries with stable economies and growing disposable incomes are expected to have a higher demand for the products in this market. Additionally, favorable weather conditions and a growing interest in DIY gardening projects are driving the demand for lawn and garden supplies. Conversely, countries with economic instability and limited consumer spending may experience slower market growth.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights