Lawn & Garden - Ireland | Statista Market Forecast

In Ireland, the revenue generated in the Lawn & Garden market is projected to reach US$645.90m in 2024.
It is anticipated that the market will experience an annual growth rate of 1.19% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, United States stands as the leading revenue generator in this market, with an estimated revenue of US$133bn in 2024.
Considering the total population, the per person revenue in Ireland is expected to be US$126.90 in 2024.
The demand for eco-friendly and sustainable gardening products is on the rise in Ireland, as consumers prioritize environmentally conscious practices in their lawn and garden maintenance.

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.

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

Outdoor & garden furniture
Outdoor lamps
Farm and ranch supplies
Aquatic plants

In Ireland, the Lawn & Garden Market within the DIY & Hardware Store Market is experiencing negligible growth due to factors such as limited consumer spending and a slow economy. This has led to a stagnant market with minimal growth opportunities.

Customer preferences: With the rise of sustainable living, there has been a growing trend towards environmentally-friendly lawn and garden products and tools. Consumers are increasingly placing importance on using organic and eco-friendly products to maintain their outdoor spaces. This shift is also driven by a rise in interest in gardening and growing one's own produce, which has been seen as a cost-effective and sustainable solution in the face of economic uncertainty.

Trends in the market: In Ireland's Lawn & Garden Market within the DIY & Hardware Store Market, there is a noticeable trend towards eco-friendly and sustainable gardening practices. Consumers are becoming more environmentally conscious and are seeking out products and tools that are less harmful to the environment. This trend is expected to continue, with a focus on organic gardening methods and products. This shift towards sustainability has significant implications for industry stakeholders, as they must adapt to meet consumer demands and differentiate themselves in the market. Additionally, there is a growing trend towards smart gardening technology, with the use of apps and devices to assist with plant care and maintenance. This trend is expected to continue, with potential implications for retailers and manufacturers to incorporate these technologies into their products to stay competitive in the market.

Local special circumstances: In Ireland, the Lawn & Garden Market within the DIY & Hardware Store Market is heavily influenced by the country's unpredictable weather conditions. With frequent rain and cold temperatures, homeowners are more likely to invest in durable, weather-resistant gardening tools and equipment. Additionally, Ireland's rich history and strong ties to agriculture also play a role, as many consumers prefer traditional, locally-made gardening products. The market is further shaped by strict environmental regulations, leading to a demand for eco-friendly and sustainable gardening solutions.

Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Ireland is impacted by macroeconomic factors such as consumer spending, housing market trends, and government policies. With a strong economy and steady economic growth, the DIY & Hardware Store Market is expected to see an increase in demand for lawn and garden products and services. On the other hand, any slowdown in the economy or decline in property values could negatively impact consumer confidence and spending, leading to a decrease in demand for lawn and garden products. Government policies, such as tax incentives for home renovations and investments in infrastructure development, can also influence the performance of the market. Additionally, global economic trends, such as the impact of Brexit on Ireland's economy, can also play a role in shaping the growth of the Lawn & Garden Market within the DIY & Hardware Store Market.

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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

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.