Lawn & Garden - Southeast Asia | Statista Market Forecast

In Southeast Asia, the revenue generated in the Lawn & Garden market amounts to US$13.92bn in 2024.
It is projected to experience an annual growth rate of 4.86% (CAGR 2024-2029).
When compared to other countries worldwide, United States leads the market with a revenue of US$133bn in 2024.
In terms of per person revenues, in Southeast Asia generates US$20.10 per individual in 2024, taking into account the total population figures.
In Southeast Asia, the lawn and garden market is booming in Vietnam, with a strong demand for landscaping services and eco-friendly gardening products.

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

The Lawn & Garden market in the DIY & Hardware Store Market of Southeast Asia nan is experiencing minimal growth, impacted by factors such as consumer preferences, limited access to online services, and low awareness of digital technologies. Despite this, the market continues to expand due to the convenience and affordability offered by physical stores.

Customer preferences: There has been a growing interest in sustainability and eco-friendliness in the Lawn & Garden Market within the DIY & Hardware Store Market in Southeast Asia. This has led to an increase in demand for environmentally-friendly gardening products and tools, such as organic fertilizers and biodegradable plant pots. Additionally, there is a rising trend among consumers to incorporate indoor gardening and urban farming into their lifestyles, driven by the desire for fresh, homegrown produce and a deeper connection with nature.

Trends in the market: In Southeast Asia, the Lawn & Garden Market within the DIY & Hardware Store Market is experiencing a rise in e-commerce sales, with more consumers turning to online platforms for their gardening and landscaping needs. This trend is expected to continue with the increasing adoption of technology and convenience-driven shopping habits. Additionally, there is a growing demand for eco-friendly and sustainable products within the market, suggesting a potential shift towards more environmentally conscious practices. For industry stakeholders, this trend presents opportunities for incorporating e-commerce strategies and promoting sustainable products to meet consumer demand. It also highlights the importance of staying up-to-date with consumer preferences and incorporating technology into business models.

Local special circumstances: In Southeast Asia, the Lawn & Garden market within the DIY & Hardware Store market is influenced by the growing trend of urbanization, as more people are moving into cities and acquiring smaller living spaces. This has led to a rise in demand for compact and space-saving gardening tools and equipment. Additionally, in countries like Indonesia and Thailand, traditional gardening practices are still prevalent, with a focus on using natural and environmentally friendly methods. As a result, organic gardening products and sustainable gardening techniques are gaining popularity in these markets.

Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Southeast Asia is primarily influenced by macroeconomic factors such as economic growth, consumer spending trends, and government policies. As Southeast Asian economies continue to experience robust growth, consumers in the region are increasingly willing to spend on home improvement and gardening products. In addition, favorable government policies promoting home ownership and investments in infrastructure are also contributing to the growth of the market. Furthermore, the rising awareness of the benefits of gardening and outdoor living spaces among the region's urban population is also driving the demand for lawn and garden products.

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.