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 Northern Africa has seen slow growth due to factors such as limited consumer awareness and low adoption of digital technologies. This market has a negligible growth rate, impacted by the lack of convenience and availability of online health services.
Customer preferences: In recent years, there has been a growing trend among consumers in Northern Africa to incorporate indoor gardening into their lifestyles, especially among urban dwellers. This has led to a rise in demand for smaller, more compact gardening tools and equipment that are suitable for smaller indoor spaces. Additionally, there has been a noticeable shift towards using more sustainable and eco-friendly gardening methods, reflecting a greater awareness of environmental concerns among consumers in this region.
Trends in the market: Within the DIY & Hardware Store Market market, the Lawn & Garden Market is experiencing a surge in demand for sustainable and eco-friendly gardening solutions. This trend is driven by increasing environmental consciousness and government initiatives promoting greener practices. Additionally, consumers are gravitating towards urban gardening and smaller living spaces, leading to a rising popularity of vertical and container gardening. Industry players are responding by offering a wider range of organic and energy-efficient products, as well as investing in innovative technology to support smaller scale gardening methods. This trend is expected to continue in the coming years, presenting opportunities for companies to cater to a growing market segment and collaborate with governmental organizations to promote sustainable practices.
Local special circumstances: In Northern Africa, the Lawn & Garden Market within the DIY & Hardware Store Market is heavily influenced by the region's climatic conditions and cultural preferences. The hot and dry climate makes it necessary for retailers to offer a wide range of drought-resistant plants and gardening tools. Additionally, traditional cultural practices of gardening and landscaping play an important role in market trends. Furthermore, strict regulations on water usage and pesticide control also impact the market as consumers opt for more environmentally friendly options.
Underlying macroeconomic factors: 'The Lawn & Garden Market within the DIY & Hardware Store Market is affected by macroeconomic factors such as consumer confidence, disposable income, and homeownership rates. Countries with strong consumer confidence and high disposable income tend to have a higher demand for lawn and garden products, as consumers are more likely to invest in their homes and outdoor spaces. Similarly, countries with high homeownership rates typically have a larger market for lawn and garden products, as homeowners have a greater sense of responsibility and investment in maintaining their properties. Factors such as global economic uncertainty and fluctuating interest rates can also impact consumer spending and ultimately affect the growth of the lawn and garden market within the DIY & Hardware Store Market. Governments' fiscal policies, such as tax incentives for homeownership and investments in infrastructure, can also play a role in driving demand for lawn and garden products. Overall, the economic health and policies of a country can have a significant influence on the performance of the lawn and 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights