Global Lawn Vacuum Rental Market Overview:
As per MRFR analysis, the Lawn Vacuum Rental Market Size was estimated at 3.14 (USD Billion) in 2022. The Lawn Vacuum Rental Market Industry is expected to grow from 3.3 (USD Billion) in 2023 to 5.2 (USD Billion) by 2032. The Lawn Vacuum Rental Market CAGR (growth rate) is expected to be around 5.17% during the forecast period (2024 - 2032).
Key Lawn Vacuum Rental Market Trends Highlighted
Key market drivers of the lawn vacuum rental market include the increasing demand for lawn care services, the growing popularity of artificial turf, and the rising preference for environmentally friendly landscaping practices. Opportunities can be explored in the development of innovative lawn vacuum rental models, such as subscription-based services and partnerships with landscaping companies. Recent trends indicate a shift towards electric lawn vacuums, the integration of smart technology, and the expansion of rental services into suburban and rural areas. As the market continues to evolve, it is essential for rental companies to focus on providing convenient, cost-effective, and environmentally sustainable solutions to meet the evolving needs of their customers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lawn Vacuum Rental Market Drivers
Increased Demand for Lawn Care Services
The increasing demand for lawn care services is a significant factor driving the growth of the Lawn Vacuum Rental Market. Lawn vacuums are used to remove grass clippings, leaves, and other debris from lawns, and they help to keep lawns neat and clean. With the growing demand for professional lawn care services, the demand for lawn vacuums is also increasing. The demand for lawn care services is expected to continue to grow in the future, which will drive the growth of the lawn vacuum rental market.
Rising Disposable Income
Another trend that propels the development of the market of the lawn vacuum rental is the rise of the income of people. When people have more money, they are willing to spend it on things that were not considered necessary before. Lawn vacuum is inexpensive, but it can significantly raise the quality of the lawn. The trend of increasing income of people is expected to grow to build up in the next years turmoil the development of the lawn vacuums rental market.
Growing Popularity of Artificial Turf
The rise in demand for artificial turf along with increasing acceptance by both residential and commercial customers is anticipated to boost the demand of the lawn vacuum rental market. Moreover, artificial turf is low maintenance as compared to natural grass. Thus, the growing popularity of artificial turf plays a significant factor increasing the need for the lawn vacuum rental market.
Lawn Vacuum Rental Market Segment Insights:
Lawn Vacuum Rental Market Equipment Type Insights
By Equipment Type, the market is segmented into Wak-Behind Lawn Vacuum, Ride-On Lawn Vacuum, and Attachment Lawn Vacuum. The walk-behind lawn vacuum segment accounted for the largest share in 2023; it is a trend most likely to continue, owing to the climb in popularity due to its convenience, maneuverability, and affordability. With the ever-increasing demand, the ride-on sub-segment will experience the highest growth due to its efficiency and ability to cater to larger areas faster.
Moreover, the attachment type, which can be readily attached and does not need to be a standalone product, will likely experience an increasing interest owing to renting being more economical and easier. With the conclusion of the analysis, the results indicate that this segment is set to gain a market revenue of USD 1.87 billion by 2024. As further support, the following table indicates Ride-On and Attachment Lawn Vacuum products are forecasted to carry a revenue of USD 1.23 billion and USD 0.34 billion, respectively.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lawn Vacuum Rental Market Application Insights
The Lawn Vacuum Rental Market is divided into various applications, namely residential lawns, commercial lawns, Lawn and Garden Equipment, sports fields, golf courses, and parks. Of these, the largest market share is expected to be held by residential lawns as the number of homeowners rises and the outdoor spaces trend catches on. Commercial lawns, such as those in office complexes and shopping centers, also require regular and routine maintenance.
Sports fields and golf courses are likely to be a steady market as the number of people taking up outdoor sports and recreational activities grows. Parks and other municipal green spaces are anticipated to have a positive effect on the market as the number of local governments and municipalities maintaining these spaces is increasing. Thus, the Lawn Vacuum Rental Market encompasses a wide variety of applications that will appeal to an extensive range of consumers.
Lawn Vacuum Rental Market Rental Duration Insights
The Lawn Vacuum Rental Market is segmented by rental duration into hourly, daily, weekly, and monthly. Hourly rentals are expected to account for the largest share of the market in 2023, owing to the flexibility and affordability they offer. Daily rentals are also expected to be popular, as they allow users to complete smaller projects without having to commit to a longer rental period. Weekly and monthly rentals are typically used for larger projects or by professional landscapers. The increasing popularity of lawn vacuum rentals is being driven by the rising demand for lawn care services and the growing number of homeowners who are opting to rent equipment rather than purchase it.
Lawn Vacuum Rental Market Capacity Insights
The Lawn Vacuum Rental Market is segmented by capacity into small (1-5 cubic feet), medium (6-10 cubic feet), large (11-15 cubic feet), and extra large (16 cubic feet and above). The medium capacity segment held the largest share of the market in 2023, accounting for over 40% of the total revenue. The extra large capacity segment is expected to grow at the highest CAGR of 6.2% during the forecast period. The small capacity segment is primarily used for residential applications, while the medium and large capacity segments are used for commercial applications.
The extra large capacity segment is used for large-scale applications, such as parks and golf courses. The growth of the Lawn Vacuum Rental Market is driven by the increasing popularity of lawn care services, the rising demand for environmentally friendly lawn care equipment, and the increasing number of rental outlets. The market is expected to grow at a CAGR of 5.17% during the forecast period, reaching a value of USD 5.2 billion by 2032.
Lawn Vacuum Rental Market Regional Insights
The Lawn Vacuum Rental Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market and is expected to account for a significant share of the global market. The growth of the market in North America can be attributed to the increasing adoption of lawn care services by homeowners and businesses. Europe is the second-largest regional market, followed by APAC.
The growth of the market in Europe and APAC can be attributed to the increasing demand for lawn care services in these regions. South America and MEA are expected to witness moderate growth in the coming years. The key factors driving the growth of the Lawn Vacuum Rental Market include the increasing demand for lawn care services, the growing popularity of outdoor living spaces, and the increasing disposable income of consumers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lawn Vacuum Rental Market Key Players and Competitive Insights:
The providers in the Lawn Vacuum Rental Market industry are often designing new technologies to suit the changing needs of their customers. The leading companies are concentrating on innovations in technologies and product offerings. Leading providers in Lawn Vacuum Rental Market are also focusing on extending businesses by acquiring new customers across the world. In addition, lawn vacuum rental Market companies are focusing on increasing their brand and operational presence. Given the dynamic nature of the market, many companies are launching new products to establish their market position. As of, the Lawn Vacuum Rental Market was concentrated with prominent players. The Lawn Vacuum Rental Market is fragmented, and the degree of fragmentation will remain the same.
One of the prominent companies in the Market in lawn vacuum rental is The Home Depot. The company offers a wide range of products in the United States and Canada, as well as in the expanding international market. Lowe’s is another major company in lawn vacuum rental which delivers a similar range of products and services as Home Depot. Lowe’s is also expanding its international Market in Canada and in Mexico. Other leading Market companies operating in the Market include Ace Hardware, True Value and Rent-A-Center. These companies offer a diverse range of products and services of businessi harder in the market in the United States and Canada, with expanding international Market. This continue to expand over the next few years as more people are searching for affordable and efficient ways to maintain their lawns.
Key Companies in the Lawn Vacuum Rental Market Include:
- Bosch
- Stanley Black Decker
- Greenworks Tools
- Karcher
- Neato Robotics
- Toro
- Honda
- Echo
- Ryobi
- Husqvarna
- Briggs Stratton
- Craftsman
- STIHL
- Makita
- John Deere
Lawn Vacuum Rental Market Industry Developments
The Lawn Vacuum Rental Market is projected to reach USD 5.2 billion by 2032, exhibiting a CAGR of 5.17% during the forecast period. Rising environmental consciousness, coupled with increasing demand for lawn care services, is driving market growth. Key industry participants include The Toro Company, Husqvarna Group, and Deere Company. In recent news, Husqvarna Group acquired RedMax in 2023, strengthening its position in the professional lawn care equipment market. The increasing popularity of robotic lawnmowers is also expected to drive demand for lawn vacuum rentals, as these devices require regular cleaning and maintenance. Additionally, technological advancements, such as the integration of sensors and IoT connectivity, are enhancing the efficiency and convenience of lawn vacuum rentals.
Lawn Vacuum Rental Market Segmentation Insights
-
Lawn Vacuum Rental Market Equipment Type Outlook
- Walk-Behind Lawn Vacuums
- Ride-On Lawn Vacuums
- Attachment Lawn Vacuums
-
Lawn Vacuum Rental Market Application Outlook
- Residential Lawns
- Commercial Lawns
- Sports Fields
- Golf Courses
- Parks
-
Lawn Vacuum Rental Market Rental Duration Outlook
- Hourly
- Daily
- Weekly
- Monthly
-
Lawn Vacuum Rental Market Capacity Outlook
- Small (1-5 Cubic Feet)
- Medium (6-10 Cubic Feet)
- Large (11-15 Cubic Feet)
- Extra Large (16 Cubic Feet and Above)
-
Lawn Vacuum Rental Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.14 (USD Billion) |
| Market Size 2023 |
3.3 (USD Billion) |
| Market Size 2032 |
5.2 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.17% (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 |
Bosch, Stanley Black Decker, Greenworks Tools, Karcher, Neato Robotics, Toro, Honda, Echo, Ryobi, Husqvarna, Briggs Stratton, Craftsman, STIHL, Makita, John Deere |
| Segments Covered |
Equipment Type, Application, Rental Duration, Capacity, Regional |
| Key Market Opportunities |
Increasing demand for lawn care services Growing awareness of environmental sustainability Expansion of rental services in urban areas Technological advancements in lawn vacuums Rising disposable incomes |
| Key Market Dynamics |
Rising demand for lawn care services Increasing popularity of outdoor living spaces Growing trend towards environmentally friendly lawn care practices Technological advancements in lawn vacuum technology Expansion of rental infrastructure in the lawn care industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Lawn Vacuum Rental Market was valued at USD 3.3 billion in 2023 and is expected to reach USD 5.2 billion by 2032, exhibiting a CAGR of 5.17% over the forecast period.
North America is expected to account for the largest market share in the Lawn Vacuum Rental Market due to the increasing demand for lawn care services and the presence of a large number of rental companies.
The growth of the Lawn Vacuum Rental Market is primarily driven by factors such as the increasing adoption of lawn care services, rising disposable income, and growing awareness of the benefits of lawn vacuuming, such as improved lawn health and appearance.
Some of the key competitors in the Lawn Vacuum Rental Market include Home Depot, Lowe's, Sunbelt Rentals, United Rentals, and Herc Rentals.
Lawn vacuum rentals are primarily used for collecting grass clippings and debris from lawns, soccer fields, parks, and other outdoor areas.
Renting a lawn vacuum offers numerous benefits, including cost savings compared to purchasing one, access to the latest models and technology, and the ability to use it for specific projects or seasonal requirements.
The Lawn Vacuum Rental Market faces certain challenges, such as the seasonality of demand, competition from other lawn care services, and the need for skilled operators.
Emerging trends in the Lawn Vacuum Rental Market include the adoption of electric and battery-powered models, the integration of smart features and technology, and the rise of online rental platforms.
The Lawn Vacuum Rental Market is expected to grow at a CAGR of 5.17% from 2023 to 2032.
Key factors influencing the growth of the Lawn Vacuum Rental Market include increasing demand for lawn care services, rising disposable income, growing awareness of the benefits of lawn vacuuming, and the introduction of innovative products and technologies.
