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 the DIY & Hardware Store Market in Croatia is seeing negligible growth affected by factors like increasing focus on DIY projects and a shift towards smaller, low-maintenance gardens. Rising environmental concerns and increasing demand for sustainable gardening practices are also impacting the growth rate.
Customer preferences:
As Croatia's tourism industry continues to grow, so does the demand for stylish and functional lawn and garden products among both locals and tourists. With an increase in urbanization and smaller living spaces, consumers are turning to compact and versatile gardening solutions, such as vertical gardens and balcony planters. Additionally, there is a growing interest in sustainable and eco-friendly gardening practices, leading to a rise in sales of organic fertilizers and natural pest control products. This shift towards sustainable and compact gardening options is driven by the desire for convenience and environmentally-friendly choices.
Trends in the market:
In Croatia, the Lawn & Garden Market within the DIY & Hardware Store Market is experiencing a rise in demand for sustainable and eco-friendly products. Consumers are becoming more conscious of their environmental impact and are seeking out products that are made with sustainable materials and promote environmentally-friendly practices. This trend is expected to continue, with an increasing number of customers willing to pay a premium for products that align with their values. For industry stakeholders, this presents an opportunity to differentiate themselves and cater to this growing demand, while also contributing to environmental sustainability. Additionally, there is potential for greater collaboration between hardware stores and local green initiatives, further promoting the use of sustainable products in the lawn and garden market.
Local special circumstances: In Croatia, the Lawn & Garden Market within the DIY & Hardware Store Market is influenced heavily by the country's agricultural history and strong emphasis on outdoor living. The market has seen a rise in demand for eco-friendly and sustainable products, reflecting the nation's commitment to environmental preservation. Additionally, the market is impacted by Croatia's unique geographical landscape, with its rocky terrain and Mediterranean climate influencing the types of products and services available. Furthermore, the market is also shaped by strict regulations on the use of chemicals and fertilizers, leading to the rise of organic gardening and landscaping solutions.
Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Croatia is heavily influenced by macroeconomic factors such as consumer spending, housing market trends, and overall economic health. As a member of the European Union, Croatia's economic performance is also impacted by factors such as EU policies, trade agreements, and currency fluctuations. Additionally, the growing trend towards DIY home improvement and gardening projects in response to the pandemic has had a positive impact on the market. However, the market may face challenges due to rising inflation and supply chain disruptions. Overall, the market is expected to see moderate growth as the country continues to recover from the global economic downturn.
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