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 Chad nan is facing minimal growth, impacted by factors such as limited access to digital technologies, low health awareness among consumers, and lack of convenience in obtaining online health services. Despite these challenges, the market is steadily growing due to an increase in DIY and hardware stores catering to the country's gardening needs."
Customer preferences: As consumer awareness of sustainability and environmental impact continues to grow, there has been a noticeable increase in demand for eco-friendly and organic lawn and garden products. This trend is driven by a desire to reduce chemical usage and promote healthier, more natural solutions for gardening and landscaping. Additionally, with the rise of urban gardening and small space gardening, consumers are also seeking compact, space-saving tools and equipment for their DIY gardening projects.
Trends in the market: In Chad, the DIY & Hardware Store Market has seen a shift towards environmentally friendly products in the Lawn & Garden Market. Consumers are increasingly conscious of their impact on the environment and are seeking out sustainable gardening solutions. This trend is expected to continue as governments and organizations place a greater emphasis on sustainability. This presents an opportunity for industry stakeholders to capitalize on this trend by offering eco-friendly products and services. Additionally, the rise of urban gardening and interest in organic gardening also presents potential growth opportunities for the DIY & Hardware Store Market within the Lawn & Garden Market.
Local special circumstances:
In Chad, the Lawn & Garden Market within the DIY & Hardware Store Market is heavily influenced by the country's challenging climate and limited access to resources. In order to combat these challenges, local retailers have focused on promoting drought-resistant plants and high-quality gardening tools designed specifically for the region. Additionally, the country's strong sense of self-sufficiency and pride in DIY projects has led to the popularity of gardening workshops and classes, providing a unique opportunity for retailers to engage with customers and showcase their products. These local factors have shaped Chad's Lawn & Garden Market into a resilient and thriving industry, with a focus on promoting sustainability and self-sufficiency among its customers.
Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Chad is influenced by macroeconomic factors such as the country's overall economic health, global economic trends, and government fiscal policies. A strong and stable economy is likely to drive consumer spending on lawn and garden products, while a weak economy can result in reduced demand. Furthermore, favorable government policies and investments in infrastructure can boost the market, whereas unfavorable regulations and limited funding can hinder growth. Additionally, the rising trend of urbanization and the growing awareness of sustainable living are driving the demand for lawn and garden products, creating opportunities for market growth in Chad. This trend is expected to continue as Chad's economy continues to develop and its population becomes increasingly urbanized.
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