The Latest Lawn Mower Industry Statistics Explained
The lawn mower market size was valued at USD 22.8 billion in 2019.
The statistic indicates that the total value of the lawn mower market in terms of sales revenue was estimated to be USD 22.8 billion in 2019. This figure reflects the size and significance of the market for lawn mowers, which includes various types such as push mowers, ride-on mowers, and robotic mowers. The value of the market suggests that there is a substantial demand for lawn mowers globally, likely driven by factors such as increasing urbanization, landscaping trends, and the importance of outdoor aesthetics. This information is important for businesses operating in the lawn mower industry as it helps them understand the market landscape and make informed decisions regarding their products and strategies.
The global lawn mowers market size is expected to reach USD 38.2 billion by 2027, expanding at a CAGR of 4.6%.
The statistic indicates that the global lawn mowers market is projected to grow significantly, with an estimated market size of USD 38.2 billion by the year 2027. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 4.6%, illustrating a consistent and steady increase in market value over the forecast period. Factors such as rising awareness about lawn maintenance, increasing disposable income levels, and technological advancements in the industry are likely to drive this growth. The statistic suggests a favorable outlook for the lawn mowers market, highlighting potential opportunities for businesses operating within this sector to expand and capitalize on the anticipated market growth.
In 2020, the walk-behind segment held the largest market share of over 55%.
The statistic indicates that in 2020, the walk-behind segment of a particular market had the highest share compared to other segments, capturing over 55% of the total market. This suggests that walk-behind products were the most popular choice among consumers within that market during that time period. This information is important for companies operating in that industry as it highlights the dominance and significance of walk-behind products, offering insights into consumer preferences and market trends. Understanding the market share of different segments can help companies tailor their strategies to capitalize on the popularity of walk-behind products and potentially cater to the needs and preferences of the majority of consumers.
Residential users held the largest market share of over 58% in 2020.
The statistic suggests that residential users dominated the market in 2020, holding a substantial majority share of over 58%. This indicates that the residential sector was the most significant component of the market and likely had a strong influence on market trends and dynamics during that year. The high market share of residential users could reflect various factors such as population distribution, consumer preferences, or market accessibility. Understanding this statistic is essential for businesses and policymakers as it highlights the importance of catering to residential consumers and adapting strategies to meet their needs effectively in order to remain competitive and sustain growth in the market.
Europe was the largest regional market in 2020, with a share of over 30%.
The statistic indicates that Europe accounted for the largest portion of a specific market in 2020, capturing over 30% of the total market share. This suggests that Europe played a significant role in the market and was a key region for the industry’s growth and activities during that period. The high market share indicates that European countries were likely major consumers, producers, or participants in the market, highlighting the region’s importance in driving overall industry trends and developments. This statistic underscores Europe’s prominence in the market landscape and emphasizes the need for businesses and stakeholders to pay attention to the region for potential opportunities and strategic decision-making.
Asia-Pacific lawn mower market is expected to grow at the fastest rate of 5.7% CAGR.
This statistic suggests that the Asia-Pacific lawn mower market is projected to experience significant growth at a Compound Annual Growth Rate (CAGR) of 5.7%. This indicates that the demand for lawn mowers in the Asia-Pacific region is expected to increase steadily over time, with a faster growth rate compared to other regions. Factors driving this growth could include increasing urbanization, rising disposable incomes, and a growing emphasis on landscaping and outdoor maintenance. Businesses operating in the lawn mower industry may see opportunities for expansion and market penetration in the Asia-Pacific region as consumers continue to invest in lawn care products and equipment.
The robotic lawn mower market size was USD 663 million in 2018.
The statistic ‘The robotic lawn mower market size was USD 663 million in 2018’ refers to the total value of sales generated by robotic lawn mowers in the year 2018. This figure represents the aggregate revenue generated by the sales of robotic lawn mowers across various regions and companies within the market. It provides insight into the scale and economic impact of the robotic lawn mower industry in terms of the monetary value of products sold in that particular year. This statistic serves as a key indicator of the market’s size, growth potential, and overall economic significance within the larger landscaping and home improvement industry.
The robotic lawn mower market is projected to reach USD 1,261 million by 2025.
The statistic “The robotic lawn mower market is projected to reach USD 1,261 million by 2025” implies that the total market size for robotic lawn mowers is expected to grow and reach a value of USD 1,261 million by the year 2025. This projection suggests significant growth in the demand for robotic lawn mowers, driven by factors such as technological advancements, increasing awareness of sustainability, and the convenience offered by these automated devices in maintaining lawns. The market’s growth trajectory highlights a shift towards automation and smart technologies in the lawn care industry, presenting opportunities for manufacturers, retailers, and consumers alike to benefit from this evolving market landscape.
The robotic lawn mower market is expected to exhibit a CAGR of 12% from 2019 to 2025.
This statistic indicates that the robotic lawn mower market is projected to experience a Compound Annual Growth Rate (CAGR) of 12% from the year 2019 to 2025. This means that on average, the market is expected to grow by 12% each year during this period. A CAGR provides a more accurate representation of growth because it takes into account the compounding effect over multiple periods, reflecting a smoother growth trajectory and long-term trend. This projection suggests a significant expansion in the market for robotic lawn mowers over the next few years, highlighting a promising opportunity for growth and investment in the industry.
Europe held the largest share of the robotic lawn mower market in 2018.
This statistic implies that in 2018, Europe dominated the global robotic lawn mower market by having the largest market share compared to other regions. This suggests that a significant portion of robotic lawn mower sales and adoption occurred in European countries during that year. Factors contributing to this could include higher consumer demand for smart home and automation technologies in Europe, supportive government policies promoting sustainable and eco-friendly lawn care solutions, as well as the presence of reputed manufacturers and distributors in the region. This statistic underscores the importance of the European market for robotic lawn mower companies and reveals a trend towards increasing adoption of automated lawn care solutions in the region.
Gas-powered lawn mowers are the most popular type in the US with more than 17 million units sold annually.
The statistic that gas-powered lawn mowers are the most popular type in the US with more than 17 million units sold annually indicates the widespread preference for this type of lawn mower among American consumers. The high sales volume suggests that gas-powered lawn mowers are the preferred choice for maintaining lawns in the US, likely due to their convenience, power, and widespread availability. This statistic highlights the significant market dominance of gas-powered lawn mowers in the US, reflecting the strong demand for this type of equipment among homeowners and professional landscapers.
Over 36 million home owners used a walking mower to care for their lawns in the US in 2020.
The statistic that over 36 million homeowners used a walking mower to care for their lawns in the US in 2020 indicates a widespread reliance on this particular type of lawn care equipment among American homeowners. Walking mowers are typically manually operated, making them a more cost-effective and environmentally friendly option compared to powered lawn mowers. The high number of homeowners utilizing walking mowers suggests a significant trend towards hands-on lawn maintenance practices and a preference for smaller-scale, easier-to-use equipment. This statistic also highlights the commitment of homeowners to maintaining their outdoor spaces and the importance placed on keeping lawns well-kempt in the US.
The market for lawn mowers in Australia reached USD 616.8 million in 2018.
The statistic “The market for lawn mowers in Australia reached USD 616.8 million in 2018” indicates the total value of sales generated by the lawn mower industry in Australia during the specified year. This figure represents the total revenue generated from the sale of various types of lawn mowers, including push mowers, ride-on mowers, and robotic mowers, within the Australian market. The statistic suggests a significant demand for lawn mowers in Australia in 2018, which may be attributed to factors such as an increase in homeownership, a growing focus on outdoor living and landscaping, as well as changing consumer preferences towards DIY lawn care and maintenance. This statistic provides valuable insights into the size and economic significance of the lawn mower market in Australia during the reference year.
The lawn mowers market in Australia is expected to grow at a CAGR exceeding 5% during 2019 – 2024.
The statistic that the lawn mowers market in Australia is expected to grow at a compound annual growth rate (CAGR) exceeding 5% during the period of 2019 to 2024 indicates a positive trend in the industry. This forecast suggests that the market for lawn mowers is projected to expand steadily over the next five years, with an average annual growth rate of more than 5%. This growth may be driven by factors such as increasing consumer demand for lawn care equipment, technological advancements in lawn mower designs, and possibly a rise in landscaping services. Overall, this statistic implies a promising outlook for the lawn mowers market in Australia, with opportunities for businesses and stakeholders in the industry to capitalize on the projected growth.
Riding mowers accounted for over 20% of the total lawn mowers market revenues in Australia in 2018.
This statistic indicates that riding mowers were a significant contributor to the total revenue generated in the lawn mowers market in Australia in 2018, accounting for more than 20% of the overall market revenues. Riding mowers, which are typically larger and more expensive than traditional push mowers, were evidently popular among consumers in Australia during that year. This data suggests that there was a strong demand for riding mowers, potentially driven by factors such as the size of lawns in Australia, consumer preferences for convenience and efficiency in lawn care, and the availability of riding mower models suited to the local market. The statistic highlights the importance of riding mowers as a revenue-generating segment within the broader lawn mowers market in Australia in 2018.
The electric lawn mowers segment dominated the Australian market with the largest share in 2018.
In 2018, the electric lawn mowers segment held the largest market share in Australia, indicating that electric lawn mowers were the most popular type of lawn mower among Australian consumers during that time. This domination suggests that there was a higher demand for electric lawn mowers compared to other types, such as gas-powered or manual mowers. Factors contributing to this dominance may include increasing environmental awareness, government incentives for eco-friendly products, and advancements in technology making electric mowers more efficient and cost-effective. The statistic indicates a clear preference for electric lawn mowers in the Australian market in 2018, highlighting a shift towards more sustainable and efficient outdoor power equipment choices.
Residential application segment is expected to hold the dominant share of 60% in the Australia lawn mower market by 2024.
Based on the statistical forecast provided, it is anticipated that the residential application segment will have the largest market share of 60% in the Australia lawn mower market by 2024. This indicates that a significant portion of the demand for lawn mowers in Australia is expected to come from residential customers as opposed to commercial or industrial users. The dominance of the residential segment suggests that factors such as increasing home ownership, rising interest in gardening and landscaping among homeowners, and perhaps the influence of urbanization on smaller yard sizes could be contributing to this projected market share. Manufacturers and businesses operating in the lawn mower market in Australia may need to tailor their strategies and product offerings to cater to the preferences and needs of residential customers in order to capitalize on this dominant share.
References
0. – https://www.www.marketsandmarkets.com
1. – https://www.www.techsciresearch.com
2. – https://www.www.statista.com
3. – https://www.www.greenindustrypros.com
4. – https://www.www.grandviewresearch.com
