Market Insights report
Revenue in the Lawn & Garden market amounts to US$0.34tn in 2023. The market is expected to grow annually by 2.71% (CAGR 2024-2029). In global comparison, most revenue is generated in the United States (US$129.30bn in 2023). In relation to total population figures, per person revenues of US$44.06 are generated in 2023. This report is part of the Consumer Market Insights series.
What's included?
This report from the series of Consumer Market Insights reports provides an in-depth analysis of the Lawn & Garden market, which focuses on products designed to help homeowners and landscapers create and maintain outdoor living spaces. This segment includes plants, gardening tools, supplies, and outdoor power equipment, along with outdoor accessories such as umbrellas, sunshades, and garden storage like garden houses. Additionally, it covers non-electric grills and garden décor, though outdoor lamps are part of the Lamps & Lighting segment under the Furniture market. The market includes only B2C (business-to-consumer) sales, with revenue data and per capita figures based on the entire population.
The global Lawn & Garden market in DIY and hardware stores is experiencing minimal growth, affected by declining consumer interest and a lack of significant innovation in the sector. However, the rise of online services and increased awareness of sustainable gardening practices offer potential growth opportunities. Consumers are becoming more inclined to adopt smart gardening tools and devices that enable remote control and monitoring, reflecting a desire for greater convenience and efficiency. At the same time, the growing trend towards sustainable living is driving demand for organic and eco-friendly gardening products.
A major trend shaping the Lawn & Garden market is the shift toward environmentally-friendly and sustainable gardening practices. Consumers are increasingly focused on organic gardening and the use of environmentally-safe materials, leading to a surge in demand for products like biodegradable mulch and organic fertilizers. As urban farming and sustainable living gain traction, these trends are expected to drive further innovation and growth in the Lawn & Garden sector, offering industry players a competitive edge in meeting environmentally-conscious consumer preferences.
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