Lawn & Garden - Tanzania | Statista Market Forecast

In Tanzania, the revenue generated in the Lawn & Garden market in 2024 amounts to US$508.00m.
It is projected that the market will experience an annual growth rate of 4.38% (CAGR 2024-2029).
Comparing globally, United States generates the highest revenue in this market, amounting to US$133bn in 2024.
When considering the population size, the per person revenue in 2024 is estimated to be US$7.32.
The demand for organic fertilizers is increasing in Tanzania's lawn & garden market due to the country's focus on sustainable agriculture practices.

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 Tanzania within the DIY & Hardware Store Market is facing negligible growth, influenced by factors such as low consumer interest in DIY gardening, limited access to technology, and a preference for traditional gardening methods.

Customer preferences: The Lawn & Garden Market within the DIY & Hardware Store Market in Tanzania has experienced a trend towards eco-friendly and sustainable gardening practices. Consumers are increasingly opting for organic and natural products, as well as tools and equipment that are energy-efficient and environmentally friendly. This shift is driven by a growing awareness of the impact of conventional gardening methods on the environment and a desire to create healthier and more sustainable living spaces. Additionally, with a growing number of consumers living in apartment buildings and smaller homes, there is a demand for compact and space-saving gardening solutions.

Trends in the market: In Tanzania, the Lawn & Garden Market within the DIY & Hardware Store Market is experiencing a trend towards a more digital experience, with online platforms emerging for purchasing gardening supplies and tools. This trend is significant as it caters to a growing demand for convenience and accessibility among consumers. For industry stakeholders, this trend presents opportunities for expanding their online presence and improving customer engagement. It also highlights the need for adaptation and innovation in the traditional brick-and-mortar model. Furthermore, as the use of technology in the market increases, there may be a shift towards more sustainable and eco-friendly gardening practices, which could have positive implications for the environment. Overall, this trend signifies a move towards a more modern and efficient market, with potential benefits for both consumers and businesses.

Local special circumstances: In Tanzania, the Lawn & Garden Market within the DIY & Hardware Store Market is influenced by the country's tropical climate, with the demand for gardening tools and supplies being highest during the wet season. Additionally, cultural practices and traditions, such as the importance of gardening as a source of sustenance and a way to connect with nature, play a significant role in shaping market dynamics. Regulatory factors, such as import restrictions and licensing requirements, also impact the availability and pricing of products in this market.

Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Tanzania is greatly affected by macroeconomic factors that influence the overall market performance. Global economic trends play a significant role in shaping the demand and supply of lawn and garden products, as they impact consumer spending power and purchasing behaviors. Furthermore, the national economic health of Tanzania, including inflation rates, interest rates, and GDP growth, can affect the overall market performance. Fiscal policies such as tax rates and import regulations can also have a significant impact on the market, as they affect the cost of production and product availability. Other relevant financial indicators, such as consumer confidence and disposable income, can also influence market growth. Overall, a stable and favorable macroeconomic environment is crucial for the growth of the Lawn & Garden Market in Tanzania 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.