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 DIY & Hardware Store Market in Indonesia is seeing minimal growth, driven by factors such as increasing consumer awareness about lawn & garden products, adoption of digital technologies and convenience of online services. This has resulted in a steady growth rate for the Lawn & Garden Market in Indonesia.
Customer preferences:
The Lawn & Garden Market within the DIY & Hardware Store Market in Indonesia has seen a rise in demand for eco-friendly and sustainable products. This trend is driven by a growing awareness of the impact of traditional gardening practices on the environment. Consumers are also increasingly interested in incorporating green spaces into their urban living spaces, reflecting a desire for a more natural and holistic lifestyle. This shift towards sustainable gardening is also influenced by the rise of social media and the sharing of DIY gardening ideas and tips online, catering to a younger demographic's interest in gardening and home improvement projects.
Trends in the market: In Indonesia, the Lawn & Garden Market within the DIY & Hardware Store Market is seeing a surge in e-commerce sales, with more retailers investing in online platforms to reach a wider customer base. The market is also witnessing an uptake in sustainable gardening practices, with consumers increasingly opting for eco-friendly products and services. Additionally, there is a growing trend of smart gardening tools, such as automated irrigation systems and connected sensors, which allow for efficient management of outdoor spaces. These trends suggest a shift towards convenience and sustainability in the market, with potential implications for industry players to adapt to changing consumer preferences and invest in digital solutions.
Local special circumstances: In Indonesia, the Lawn & Garden Market within the DIY & Hardware Store Market is heavily influenced by the country's diverse geography and tropical climate. The archipelago nation experiences high levels of rainfall and intense heat, creating a unique demand for products that can withstand these conditions. Additionally, cultural traditions such as gardening and outdoor living are deeply ingrained in Indonesian society, further driving the market's growth. Government regulations also play a role, with restrictions on land ownership in urban areas leading to a rise in popularity of small-scale gardening and DIY projects.
Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Indonesia is heavily influenced by macroeconomic factors such as consumer spending, government policies, and economic stability. With a growing population and a thriving middle class, the demand for home improvement products, including lawn and garden supplies, is on the rise. Furthermore, the Indonesian government's initiatives to boost infrastructure development and promote home ownership have led to an increase in construction activities, thereby driving the demand for lawn and garden products. In addition, favorable policies promoting foreign investment and trade have contributed to the growth of the DIY & Hardware Store Market, creating more opportunities for the Lawn & Garden Market to expand.
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