Global Garden Products Market Overview
As per MRFR analysis, the Garden Products Market Size was estimated at 23.97 (USD Billion) in 2022.The Garden Products Market Industry is expected to grow from 24.62(USD Billion) in 2023 to 31.4 (USD Billion) by 2032. The Garden Products Market CAGR (growth rate) is expected to be around 2.74% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Garden Products Market Trends Highlighted
The increasing emphasis on sustainability and eco-conscious living is driving the demand for organic and biodegradable garden products, such as natural fertilizers and pest control solutions. Consumers are becoming more aware of the environmental impact of traditional chemical-based products and are seeking alternatives that are both effective and sustainable. This trend is expected to continue, creating opportunities for manufacturers of eco-friendly garden products.
Convenience and ease of use are key market drivers, leading to the popularity of products like pre-mixed fertilizers and ready-to-use potting mixes. Consumers are seeking solutions that save time and effort, making products that are easy to apply and maintain highly desirable.The use of technology in garden products is also on the rise, with smart watering systems, automated mowers, and sensor-based plant care devices gaining traction. These products offer convenience, efficiency, and precision, appealing to tech-savvy consumers who value automation and data-driven insights for their gardens.
Garden Products Market Drivers
Increased Focus on Home Improvement and Outdoor Living Spaces
The COVID-19 pandemic has led to a surge in home improvement projects as people spend more time at home and seek ways to enhance their living spaces. Gardening has become a popular hobby during this time, as it provides a way to connect with nature, relieve stress, and create a more beautiful and inviting outdoor environment. This increased interest in home improvement and outdoor living is expected to continue in the coming years, driving demand for garden products such as plants, seeds, fertilizers, and tools.
Growing Popularity of Sustainable Gardening Practices
Consumers are becoming increasingly aware of the environmental impact of their purchasing decisions, and this is leading to a growing demand for sustainable gardening products. Organic gardening, which involves using natural methods to grow plants without synthetic pesticides or fertilizers, is becoming increasingly popular. Consumers are also seeking out garden products that are made from recycled or renewable materials, and that are designed to minimize water usage.This trend towards sustainable gardening is expected to continue in the coming years as consumers become more environmentally conscious.
Technological Advancements in Garden Products
Technological advancements are also playing a role in the growth of the Garden Products Market Industry. Smart gardening devices, such as automated watering systems and plant sensors, are becoming increasingly popular. These devices can help gardeners to save time and water, and to ensure that their plants are getting the nutrients they need. Other technological advancements, such as the development of new plant varieties and the use of drones for crop monitoring, are also expected to contribute to the growth of the market in the coming years.
Garden Products Market Segment Insights
Garden Products Market Product Type Insights
The Garden Products Market is segmented into various product types, including Lawn and Garden Equipment, Outdoor Furniture, Barbecue and Grills, Watering and Irrigation Systems, and Garden Decorations and Accessories. The lawn and Garden Equipment segment is expected to dominate the market, accounting for a significant share of the Garden Products Market revenue. The growth of this segment is attributed to the increasing demand for power tools and equipment for lawn maintenance, gardening, and landscaping. The rising popularity of robotic lawnmowers and automated irrigation systems is further fueling the growth of this segment.The outdoor furniture segment is projected to expand at a steady pace. The growing trend of outdoor living spaces and the increasing popularity of backyard entertainment are driving the demand for comfortable and stylish outdoor furniture. The segment includes a wide range of products, such as patio sets, lounge chairs, hammocks, and outdoor dining sets. The barbecue and grills segment is anticipated to witness significant growth over the forecast period. The increasing popularity of outdoor cooking and the growing demand for portable and convenient grilling solutions are contributing to the growth of this segment. The segment includes various types of grills, such as gas grills, charcoal grills, and electric grills.
The watering and irrigation systems segment is expected to grow at a moderate pace. The increasing awareness of water conservation and the growing need for efficient irrigation solutions are driving the demand for this segment. The segment includes a range of products, such as sprinklers, hoses, irrigation controllers, and drip irrigation systems. Garden Decorations and Accessories: The garden decorations and accessories segment is projected to grow steadily over the forecast period.The growing trend of home gardening and the increasing demand for decorative and functional garden accessories are fueling the growth of this segment. The segment includes a wide range of products, such as planters, fountains, bird feeders, and garden lighting.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Garden Products Market Application Insights
The Application segment of the Garden Products Market plays a crucial role in determining market growth and industry dynamics. Residential applications dominate the market, accounting for a significant share of the Garden Products Market revenue. This segment primarily caters to homeowners and individuals who use garden products for personal use, including gardening, landscaping, and backyard beautification. The demand for garden products in residential applications is driven by factors such as increasing homeownership rates, growing disposable income, and rising interest in outdoor living spaces.Commercial applications, which include hotels, resorts, parks, and public spaces, represent another key segment in the Garden Products Market. These applications require specialized garden products that meet specific requirements for durability, aesthetics, and functionality. The growth of the commercial segment is driven by increasing investments in infrastructure, urbanization, and the hospitality industry. Professional applications, which include landscaping contractors, nurseries, and garden centers, constitute a niche but important segment in the Garden Products Market.These applications demand high-quality, professional-grade products that meet specific industry standards and performance requirements. The growing popularity of professional landscaping services and the increasing demand for specialized garden products contribute to the growth of this segment.
Garden Products Market Distribution Channel Insights
The distribution channel segment plays a crucial role in the Garden Products Market. In 2023, the online retailers segment held the largest market share, accounting for around 32.4%. This dominance is attributed to the convenience and wide product selection offered by online platforms. Home improvement stores captured a significant market share of 28.6% due to their extensive product offerings and expert advice. Garden centers held a market share of 22.2%, catering to specialized gardening needs and offering personalized services. Mass merchandisers, with their vast distribution networks and competitive pricing, accounted for 12.5% of the market.Specialty stores, focusing on niche gardening products and tailored customer support, held a market share of 4.3%. The market is projected to witness steady growth in the coming years, with online retailers continuing to lead the way due to increasing internet penetration and consumer preference for online shopping.
Garden Products Market Material Insights
The Garden Products Market segmentation by Material is a diverse landscape, with each segment offering unique characteristics and growth prospects. Plastic holds a dominant position, accounting for over 35% of the market share in 2023. Its lightweight, durability, and cost-effectiveness make it a preferred choice for various garden products, such as pots, planters, and irrigation systems. Metal, primarily comprising aluminum and steel, captures a significant market share of around 28%. Its strength and weather resistance make it suitable for heavy-duty tools, outdoor furniture, and trellises.Wood, exuding a natural and aesthetic appeal, holds a market share of approximately 22%. Its versatility and eco-friendliness drive its demand for garden furniture, sheds, and planters. Composite Materials, a blend of plastic and wood fibers, are gaining traction due to their durability and low maintenance, accounting for a market share of around 10%. Fabric, used in products like shade sails and plant covers, contributes around 5% to the market share. Factors such as rising urbanization, increasing disposable income, and growing awareness of outdoor living spaces are expected to drive market expansion.
Garden Products Market Regional Insights
The Garden Products Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to dominate the market in terms of revenue, accounting for a share of over 35% in 2023. The growth of the market in this region is attributed to the increasing popularity of gardening activities, rising disposable income, and the presence of a large number of home improvement stores. Europe is another major market for garden products, with a share of over 30% in 2023. The market in this region is driven by the increasing demand for organic and sustainable gardening products, as well as the growing trend of urban gardening.APAC is the fastest-growing region in the Garden Products Market, with a CAGR of over 5% during the forecast period. The growth of the market in this region is driven by the increasing middle-class population, rising disposable income, and the growing awareness of the benefits of gardening. South America and MEA are expected to be smaller markets for garden products, but they are expected to witness steady growth over the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Garden Products Market Key Players And Competitive Insights
Major players in the Garden Products Market are witnessing industry growth due to rising urbanization, increased disposable income, and growing health consciousness among consumers. Leading Garden Products Market players are leveraging their distribution networks and developing new products to meet the evolving needs of their customer base. The competitive landscape is driven by innovation and product differentiation, with companies focusing on sustainability and environmental friendliness. Merger and acquisition activity has also been a feature of the industry, with companies seeking to expand their market share and access new markets.Toro, founded in 1914 and headquartered in the US, is a leading manufacturer of outdoor power equipment for the residential, professional, and rental markets. Toro's product portfolio includes lawnmowers, snow blowers, riding mowers, and irrigation systems. The company has a strong global presence with operations in over 125 countries and employs approximately 10,000 people worldwide. Toro's commitment to innovation has led to the development of numerous patents and industry-leading technologies.Scotts Miracle-Gro, headquartered in Ohio, US, was founded in 1895 and is a leading manufacturer and marketer of consumer lawn and garden products. ScottsMiracle-Gro's product portfolio includes fertilizers, lawn care products, gardening tools, and pest control products. The company has a strong presence in the US and Canada and also has operations in Europe and Asia. ScottsMiracle-Gro has a history of innovation and has developed numerous patented products, including its signature Miracle-Gro fertilizer. The company's focus on research and development has contributed to its ongoing success in the lawn and garden industry.
Key Companies in The Garden Products Market Include
- Black Decker
- Ariens Company
- Craftsman
- Echo Incorporated
- MTD Products
- Honda Motor Company
- Robert Bosch GmbH
- Scotts Miracle-Gro
- Toro
- Deere Company
- STIHL
- Stanley Black Decker
- The Toro Company
- Fiskars Group
- Husqvarna Group
Garden Products Market Industry Developments
The Garden Products Market is projected to reach USD 31.4 billion by 2032, exhibiting a CAGR of 2.74% during the forecast period (2024-2032). Rising urbanization and increasing disposable income are key factors driving market growth. Technological advancements, such as smart gardening systems and automated irrigation, are further propelling market expansion. The growing popularity of organic gardening and sustainable practices is also contributing to market growth. Recent news developments include the launch of innovative products like self-watering planters and vertical gardens, catering to the growing demand for space-saving and eco-friendly gardening solutions.
Garden Products Market Segmentation Insights
Garden Products Market Product Type Outlook
- Lawn and Garden Equipment
- Outdoor Furniture
- Barbecue and Grills
- Watering and Irrigation Systems
- Garden Decorations and Accessories
Garden Products Market Application Outlook
- Residential
- Commercial
- Professional
Garden Products Market Distribution Channel Outlook
- Online Retailers
- Home Improvement Stores
- Garden Centers
- Mass Merchandisers
- Specialty Stores
Garden Products Market Material Outlook
- Plastic
- Metal
- Wood
- Composite Materials
- Fabric
Garden Products Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
23.97(USD Billion) |
Market Size 2023 |
24.62(USD Billion) |
Market Size 2032 |
31.4(USD Billion) |
Compound Annual Growth Rate (CAGR) |
2.74% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Black Decker, Ariens Company, Craftsman, Echo Incorporated, MTD Products, Honda Motor Company, Robert Bosch GmbH, Scotts Miracle-Gro, Toro, Deere Company, STIHL, Stanley Black Decker, The Toro Company, Fiskars Group, Husqvarna Group |
Segments Covered |
Product Type, Application, Distribution Channel, Material, Regional |
Key Market Opportunities |
Ecommerce Expansion Technological advancements Growing urbanization Rising disposable income Increased health consciousness |
Key Market Dynamics |
Rising Disposable Income Growth of Urbanization Increasing Environmental Awareness Growing Popularity of Outdoor Living Technological Advancements |
Countries Covered |
North America, Europe, APAC, South America, MEA |
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Frequently Asked Questions (FAQ) :
The Garden Products Market is expected to be valued at USD 24.62 billion in 2023.
The Garden Products Market is expected to grow at a CAGR of 2.74% from 2023 to 2032.
North America is expected to hold the largest share of the Garden Products Market in 2023.
The outdoor gardening segment is expected to hold the largest share of the Garden Products Market in 2023.
Some of the key competitors in the Garden Products Market include Scotts Miracle-Gro, The Toro Company, and Husqvarna.
Some of the key trends driving the growth of the Garden Products Market include the increasing popularity of home gardening, the growing awareness of the benefits of gardening, and the rising demand for sustainable gardening products.
Some of the challenges facing the Garden Products Market include the seasonality of the gardening industry, the impact of climate change on gardening, and the rising cost of raw materials.
The COVID-19 pandemic is expected to have a positive impact on the Garden Products Market, as more people are spending time at home and looking for ways to improve their living spaces.
Some of the opportunities for growth in the Garden Products Market include the development of new and innovative gardening products, the expansion into new markets, and the increasing adoption of sustainable gardening practices.
Some of the key factors that will shape the future of the Garden Products Market include the growing popularity of urban gardening, the increasing demand for organic gardening products, and the development of new technologies for gardening.