Summary
- • Global lawn mower sales are projected to reach $36.2 billion by 2027.
- • The U.S. lawn mower market was valued at $8.72 billion in 2019.
- • Electric lawn mower sales are expected to witness the fastest growth rate over the forecast period.
- • North America accounted for the largest market share of the global lawn mower market in 2019.
- • In 2020, the residential segment held the largest market share in the lawn mower market.
- • The robotic lawn mower market is expected to grow significantly due to increasing adoption of smart technologies.
- • The petrol lawn mower segment dominated the global market in terms of revenue in 2019.
- • Online sales channels are gaining popularity for purchasing lawn mowers due to convenience and competitive prices.
- • Europe accounted for a significant market share in the global lawn mower market in 2019.
- • Battery-powered lawn mowers are becoming increasingly popular as consumers shift towards eco-friendly options.
- • The walk-behind lawn mower segment is expected to maintain its dominance in the market during the forecast period.
- • Zero-turn lawn mowers are gaining traction among commercial users for their efficiency and maneuverability.
- • Asia Pacific is anticipated to witness significant growth in the lawn mower market due to urbanization and increasing disposable income.
- • The shift towards smart lawn mowers equipped with features like GPS navigation and smartphone connectivity is driving market growth.
- • Commercial lawn mower sales are expected to increase with the growth of landscaping and gardening services.
Cutting-edge and green, the lawn mower market is mowing down the competition with projected global sales set to hit a staggering $36.2 billion by 2027. From the U.S. leading the pack with a $8.72 billion market value in 2019 to the rise of electric mowers zipping ahead in growth rate, the grass is greener on the sales side. With a robotic revolution and a push towards eco-friendly options driving the market, its clear that the lawn mower industry isnt just cutting it, its landscaping a bright future. So, grab your popcorn – or your garden gloves – because this blog post is about to mow through all the buzz-worthy statistics on the ever-evolving lawn mower landscape.
Market Segments
- Global lawn mower sales are projected to reach $36.2 billion by 2027.
- The U.S. lawn mower market was valued at $8.72 billion in 2019.
- The petrol lawn mower segment dominated the global market in terms of revenue in 2019.
- The push lawn mower segment is witnessing steady demand from homeowners with small yards.
- Ride-on lawn mowers are experiencing strong demand in regions with large residential properties and commercial landscapes.
Interpretation
As the world's fascination with perfectly manicured lawns continues to grow, so does the booming lawn mower industry. With global sales set to hit a staggering $36.2 billion by 2027, it seems the grass-cutting game is no joke. The U.S. alone contributed a hefty $8.72 billion in 2019, proving that Americans take their lawns seriously. While petrol mowers reign supreme for now, the push mower market is quietly chugging along with the homeowners of modest yards. And let's not forget about the luxurious ride-on mowers, coveted in regions where residential properties and commercial landscapes stretch as far as the eye can see. Whether it's a suburban sanctuary or a sprawling estate, one thing is clear - when it comes to lawn care, the stakes are high and the mowers are in hot demand.
Market Segments (eg, residential segment, commercial segment)
- In 2020, the residential segment held the largest market share in the lawn mower market.
- The walk-behind lawn mower segment is expected to maintain its dominance in the market during the forecast period.
Interpretation
In a world where the grass is always greener on the other side, 2020 saw the residential segment reigning supreme in the lawn mower market, proving that even backyard battles are not to be underestimated. As we look towards the future, the walk-behind lawn mower segment struts confidently, maintaining its dominance with the determination of a petulant squirrel guarding its favorite acorn. It seems that when it comes to cutting-edge technology in landscaping, the grass truly is greener under the walk-behind mower's wheels. Keep mowing, my friends, for the battleground of the lawns shall always be a fierce one.
Product Types (eg, electric lawn mowers, petrol lawn mowers, robotic lawn mowers)
- Electric lawn mower sales are expected to witness the fastest growth rate over the forecast period.
Interpretation
Just like how electric cars are gradually overtaking their gas-guzzling counterparts on the roads, electric lawn mowers are revving up for their moment in the sun. With a surge in environmental consciousness and a desire for a quieter mowing experience, it seems that traditional gas-powered mowers may soon find themselves out of gas. It's a green revolution taking over our lawns, one battery charge at a time.
Regional Markets (eg, Asia Pacific)
- Asia Pacific is anticipated to witness significant growth in the lawn mower market due to urbanization and increasing disposable income.
Interpretation
Looks like the grass is getting greener in the Asia Pacific region, not just because of urbanization but also thanks to the growing wallets of the well-heeled. As concrete jungles expand, the need for well-manicured lawns is on the rise, paving the way for a boom in the lawn mower market. So, while skyscrapers may be reaching for the sky, it seems like lawn mowers are set to rule the ground below in this landscape of changing lifestyles and rising fortunes.
Regional Markets (eg, Europe)
- Europe accounted for a significant market share in the global lawn mower market in 2019.
Interpretation
In 2019, Europe took the global lawn mower market by storm, proving that when it comes to taming unruly lawns, they sure know how to cut it. With a significant market share under their belt, European consumers were not just trimming grass, but also trimming the competition. Who knew that behind those charming cobblestone streets and quaint cafes, there lay a fierce dedication to pristine lawns and perfectly manicured gardens. Cheers to Europe for mowing down the competition in style!
Regional Markets (eg, North America, Europe, Asia Pacific)
- North America accounted for the largest market share of the global lawn mower market in 2019.
Interpretation
In a world where grass is always greener on the other side, North America proudly led the pack in 2019 as the reigning champion of lawnmower sales. With precision cutting through the competition, the region mowed down the global market with an unmistakable roar. So, next time you hear the hum of a lawnmower on a sunny day in North America, remember that it's not just cutting grass - it's trudging through statistics and taking the lead in the turf game.
Trends and Factors
- The robotic lawn mower market is expected to grow significantly due to increasing adoption of smart technologies.
- Online sales channels are gaining popularity for purchasing lawn mowers due to convenience and competitive prices.
- Battery-powered lawn mowers are becoming increasingly popular as consumers shift towards eco-friendly options.
- Zero-turn lawn mowers are gaining traction among commercial users for their efficiency and maneuverability.
- The shift towards smart lawn mowers equipped with features like GPS navigation and smartphone connectivity is driving market growth.
- Commercial lawn mower sales are expected to increase with the growth of landscaping and gardening services.
- The COVID-19 pandemic led to an uptick in lawn mower sales as more people spent time on home improvement projects.
- Innovations in battery technology are driving the growth of cordless electric lawn mower sales.
- The demand for robotic lawn mowers is expected to rise due to their ability to operate autonomously and improve efficiency.
Interpretation
In a world where even our lawns are getting smarter, the lawn mower sales statistics paint a picture of a rapidly evolving industry. With robotic mowers set to take over the grassy realms, it seems we're on the brink of a "cutting-edge" revolution in lawn care technology. Online sales channels are mowing down traditional brick-and-mortar stores, while battery-powered mowers are proving to be the eco-warriors of suburban landscapes. Zero-turn mowers are racing ahead in the commercial sector, offering a hairpin turn towards efficiency. As smart mowers equipped with GPS navigation become the new landscapers on the block, it's clear that the grass is greener where technology grows. So, if you thought lawn mowing was just a chore, think again – it's a cutting-edge industry with a sharp edge.
