Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report by The Business Research Company covers lawn and garden tractor and home lawn and garden equipment market drivers and restraints, lawn and garden tractor and home lawn and garden equipment market size, major players, and the impact of COVID-19 on the lawn and garden tractor and home lawn and garden equipment market.
The lawn and garden tractor and home lawn and garden equipment market consists of sales of lawn and garden tractor and home lawn and garden equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing powered lawnmowers, lawn and garden tractors, and other home lawn and garden equipment, such as tillers, shredders, yard vacuums, and leaf blowers. Only goods and services traded between entities or sold to end consumers are included.
Growing golf course areas and development in the green space have led to a rise in demand for lawn and garden tractors and the home lawn and garden equipment market.
The global lawn and garden tractor and home lawn and garden equipment market is expected to grow from $33.48 billion in 2020 to $35.69 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $43.54 billion in 2025 at a CAGR of 5.1%.
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Some lawn and garden tractor and home lawn and garden equipment market trends include mergers and acquisitions. In January 2020, The Toro Company, a US-based company that deals with turf maintenance, landscape, rental and specialty construction equipment, and irrigation solutions acquired Venture Products, Inc., a manufacturer of Ventrac-branded products for $167.5 million. The acquisition supports growth strategy in the professional market with the addition of a strong brand and expanded product offering to customers in the turf, landscape, and snow and ice maintenance categories. Venture Products Inc., is a US-based manufacturer of equipment for turf and landscape grounds management, sidewalk snow removal, and specialty grounds care maintenance.
Global lawn and garden tractor and home lawn and garden equipment market segments include:
1) By Product Type: Blowers, Chain Saws, Cutters & Shredders, Tractors, Lawn Mowers, Sprinkler & Hoses, Others.
2) By End User: Residential Users, Professional Landscaping Services, Others.
3) By Power: Manual, Electric-Powered, Gas-Powered, Others.
4) By Operation: Walk behind, Rider, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Lawn And Garden Tractor And Home Lawn And Garden Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides lawn and garden tractor and home lawn and garden equipment market overviews, analyzes and forecasts market size, share, lawn and garden tractor and home lawn and garden equipment market players, lawn and garden tractor and home lawn and garden equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The lawn and garden tractor and home lawn and garden equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Lawn And Garden Tractor And Home Lawn And Garden Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Ariens Company, Deere & Company, Husqvarna AB, Briggs & Stratton Corporation, The Toro Company, STIHL Holding AG & Company KG, Emak, Stanley Black and Decker Inc., Echo, Makita Corporation, Honda, Alamo Group, Fiskars Group, Craftsman.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Lawn And Garden Tractor And Home Lawn And Garden Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Lawn And Garden Tractor And Home Lawn And Garden Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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