IMARC Group, a leading market research company, has recently releases report titled “Lawn and Garden Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global lawn and garden consumables market growth, share, size and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Lawn and Garden Consumables Market?
The global lawn and garden consumables market size reached US$ 20.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.99% during 2023-2028.
What is Lawn and Garden Consumables?
Lawn and garden consumables are used to maintain and enhance lawns, gardens, and outdoor spaces. They include tools and accessories, fertilizers, seeds, mulch, compost, and various pesticides, such as insecticides, fungicides, and herbicides. They assist in increasing the yield of crops, eliminating weeds, controlling insect and animal pests, and preventing and managing plant diseases that can reduce yield or cause plant death. They also help in retaining moisture in the soil and reducing the need for frequent watering. Apart from this, they minimize the need for costly replacements of diseased plants and reduce the time and effort required for the maintenance of the lawn and garden. They also assist in filtering dust and other pollutants from the air, curbing pollution, and enhancing indoor air quality. At present, lawn and garden consumables are easily available at retail stores, garden centers, and online marketplaces across the globe.
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What are the growth prospects and trends in the lawn and garden consumables industry?
Rapid urbanization and rising consumer interest in home gardening are increasing the number of small-scale, high-quality landscapes that use lawn and garden consumables to maintain their beauty and functionality. In addition, the escalating demand for landscaping products, such as water fountains and plants, along with the growing consumer inclination for converting outdoor spaces into relaxing areas, currently represents one of the key factors positively influencing the market across the globe.
Moreover, inflating disposable incomes and the rising number of people taking up gardening and landscaping as a hobby are catalyzing the demand for lawn and garden consumables. In addition, the increasing consumer interest in growing fruits, vegetables, and herbs at home is driving demand for lawn and garden consumables that promote high yields. Apart from this, key market players operating in the industry are introducing advanced lawn and garden consumables that are easy to use and offer enhanced efficiency and convenience.
Additionally, consumers are becoming more conscious about the environmental impact of using harmful chemicals in soil, which is offering lucrative growth opportunities to manufacturers for introducing organic and natural product variants worldwide. Besides this, the growing awareness about the health benefits of gardening, such as stress reduction, improved cognitive function, and reduced symptoms of depression and anxiety, is propelling the demand for lawn and garden consumables that promote healthy plant growth and support biodiversity. Furthermore, the emerging trend of outdoor kitchens and increasing investments in urban green spaces and parks are stimulating the growth of the market around the world.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Fertilizers
- Pesticides
- Insecticides
- Fungicides
- Herbicides
- Others
- Seeds
- Mulch
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End User:
- Residential
- Commercial
- Industrial
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Ace Hardware Corporation, BASF SE, Bayer AG, BLACK+DECKER Inc. (Stanley Black Decker Inc.), Central Garden Pet Company, DLF Seeds A/S, DuPont de Nemours Inc., J.R. Simplot Company, Nutrien Ltd., Sakata Seed Corporation, Spectrum Brands Inc., The Andersons Inc., The Espoma Company and The Scotts Miracle-Gro Company.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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