Summary
- • The global garden equipment market size was valued at USD 93.92 billion in 2021
- • The garden equipment market is expected to grow at a CAGR of 4.1% from 2022 to 2030
- • Lawn mowers accounted for the largest revenue share of 30.8% in 2021
- • The residential segment dominated the garden equipment market with a share of 67.2% in 2021
- • North America held the largest revenue share of 34.5% in the global garden equipment market in 2021
- • The global garden tools market size was valued at USD 51.30 billion in 2020
- • The garden tools market is projected to grow from USD 53.32 billion in 2021 to USD 86.23 billion in 2028
- • Hand tools segment accounted for 55.8% share in the global garden tools market in 2020
- • The residential segment held a dominant market share of 68.5% in 2020 in the garden tools market
- • Asia Pacific dominated the garden tools market with a share of 35.6% in 2020
- • The global lawn and garden consumables market size was valued at USD 17.9 billion in 2019
- • The lawn and garden consumables market is projected to reach USD 26.3 billion by 2027
- • Fertilizers segment accounted for the highest market share of 35% in 2019 in the lawn and garden consumables market
- • The residential segment held the largest market share of 67% in 2019 in the lawn and garden consumables market
- • North America accounted for 42% of the global lawn and garden consumables market share in 2019
With the global garden industry blooming brighter than a perfectly pruned rose bush, its no surprise that the garden equipment market is blossoming at an impressive pace. From the fertile soil of statistics sprouts a landscape of opportunity: the garden equipment market size of USD 93.92 billion in 2021, projected to grow hand in hand with a CAGR of 4.1% until 2030. Lawn mowers reign supreme, while North America hoes the largest revenue share. So grab your gardening gloves and lets delve into the green world of horticultural trends and fertile market growth thats taking root globally.
End-User Segments
- The residential segment dominated the garden equipment market with a share of 67.2% in 2021
- The residential segment held a dominant market share of 68.5% in 2020 in the garden tools market
- The residential segment held the largest market share of 67% in 2019 in the lawn and garden consumables market
- The outdoor gardening segment held the largest market share of 62.4% in 2019 in the garden centers market
- The residential segment is expected to hold the largest market share in the smart garden market
- The residential segment held the largest market share in the gardening equipment market in 2019
- The commercial greenhouse segment held the largest market share in the hydroponics market in 2019
- The indoor vertical farming segment held the largest market share in the vertical farming market in 2019
- The fruits, vegetables, & herbs segment held the largest market share of 65.0% in 2019 in the indoor farming technology market
- The residential segment held the largest market share of 68.5% in 2019 in the lawn mower market
- The residential segment held the largest market share in the garden pesticides market in 2019
Interpretation
In the world of gardening, it seems that residential reigns supreme across various segments, holding larger market shares than a squirrel hoarding nuts in winter. From dominating the garden equipment market to ruling over lawn mowers and garden pesticides, it's clear that homeowners are the true green thumbs of the industry. As we move towards the era of smart gardens, it seems the residential segment is set to continue its botanical empire, proving that even in the ever-evolving garden industry, there's no place like home.
Market Growth
- The garden equipment market is expected to grow at a CAGR of 4.1% from 2022 to 2030
- The garden tools market is projected to grow from USD 53.32 billion in 2021 to USD 86.23 billion in 2028
- The lawn and garden consumables market is projected to reach USD 26.3 billion by 2027
- The garden centers market is expected to grow at a CAGR of 4.8% from 2020 to 2027
- The smart garden market is expected to reach USD 2.9 billion by 2026
- The gardening equipment market is projected to reach USD 102.3 billion by 2025
- The hydroponics market is expected to grow at a CAGR of 11.3% from 2020 to 2025
- The vertical farming market is projected to reach USD 7.3 billion by 2025
- The indoor farming technology market is expected to grow at a CAGR of 9.4% from 2020 to 2027
- The lawn mower market is expected to grow at a CAGR of 4.5% from 2020 to 2027
- The garden pesticides market is projected to reach USD 9.3 billion by 2025
Interpretation
In a world where green thumbs are the new power players, the garden industry is blossoming with opportunity. From the rise of smart gardens to the growth of vertical farming, it's clear that innovation is taking root in every corner of the market. As the lawn mower market races ahead at a steady pace and the garden pesticides market sprouts lucrative possibilities, it's time for investors and enthusiasts alike to dig deep and cultivate their future in the ever-evolving landscape of horticultural commerce.
Market Size
- The global garden equipment market size was valued at USD 93.92 billion in 2021
- The global garden tools market size was valued at USD 51.30 billion in 2020
- The global lawn and garden consumables market size was valued at USD 17.9 billion in 2019
- The global garden centers market size was valued at USD 109.8 billion in 2019
- The global smart garden market size was valued at USD 1.3 billion in 2020
- The global gardening equipment market size was valued at USD 81.5 billion in 2020
- The global hydroponics market size was valued at USD 9.5 billion in 2020
- The global vertical farming market size was valued at USD 2.9 billion in 2020
- The global indoor farming technology market size was valued at USD 26.5 billion in 2019
- The global lawn mower market size was valued at USD 28.5 billion in 2019
- The global garden pesticides market size was valued at USD 7.1 billion in 2020
Interpretation
In a world where the green thumb reigns supreme, the garden industry continues to bloom with staggering numbers that would make even the most seasoned horticulturalist do a double-take. From the humble garden tools to the futuristic smart garden technologies, it's clear that gardening is no longer just a pastime, but a thriving global business. With market sizes reaching billions for everything from lawn mowers to vertical farming, it seems that in the battle of man vs. nature, the garden industry is definitely coming out on top. Whether you're a traditionalist with a trowel or a tech-savvy green enthusiast, there's no denying that the garden industry is digging deep and reaping the financial rewards.
Product Segments
- Lawn mowers accounted for the largest revenue share of 30.8% in 2021
- Hand tools segment accounted for 55.8% share in the global garden tools market in 2020
- Fertilizers segment accounted for the highest market share of 35% in 2019 in the lawn and garden consumables market
- Plants segment accounted for the largest revenue share of 35.2% in 2019 in the garden centers market
- Indoor gardening segment is projected to grow at the highest CAGR during the forecast period in the smart garden market
- Lawnmowers segment accounted for the largest share in the gardening equipment market in 2019
- Vegetables segment accounted for the largest share in the hydroponics market in 2019
- Hydroponics segment accounted for the largest share in the vertical farming market in 2019
- Hydroponics segment accounted for the largest revenue share of 37.6% in 2019 in the indoor farming technology market
- Walk-behind lawn mowers segment accounted for the largest revenue share of 43.7% in 2019
- Herbicides segment accounted for the largest share in the garden pesticides market in 2019
Interpretation
The garden industry statistics paint a colorful picture of the green thumb economy, where lawnmowers reign supreme in revenue, hand tools hold the key to gardeners' hearts, and fertilizers feed the market's growth. From plants stealing the show in garden centers to hydroponics making a splash in multiple segments, it's clear that this industry is not just blossoming but also adapting to new trends like indoor gardening and smart technologies. So, while the battle of the lawnmowers and herbicides rages on, one thing is certain: in the garden business, green is always in season.
Regional Market
- North America held the largest revenue share of 34.5% in the global garden equipment market in 2021
- Asia Pacific dominated the garden tools market with a share of 35.6% in 2020
- North America accounted for 42% of the global lawn and garden consumables market share in 2019
- North America dominated the garden centers market with a share of 35.6% in 2019
- Europe is expected to hold the largest market share in the smart garden market during the forecast period
- North America is expected to dominate the gardening equipment market during the forecast period
- Europe dominated the hydroponics market with the largest share in 2019
- Asia Pacific is expected to grow at the highest CAGR in the vertical farming market during the forecast period
- Europe dominated the indoor farming technology market with a share of 34.2% in 2019
- North America dominated the lawn mower market with a share of 36.5% in 2019
- North America is expected to dominate the garden pesticides market during the forecast period
Interpretation
The battle of the green thumbs continues as North America, Asia Pacific, and Europe vie for dominance in the global garden industry. With North America mowing down the competition in lawn mowers and garden centers, Asia Pacific cultivating a fruitful garden tools market, and Europe planting seeds of success in smart gardens and indoor farming technology, the landscape is ripe for growth and innovation. As these regions dig deep to stake their claim in the fertile ground of the gardening world, one thing is certain - when it comes to making greenery greener, these market players are not just planting seeds, they're sowing success.
