Market revenue in 2019 | USD 4,066.8 million |
Market revenue in 2027 | USD 5,960.7 million |
Growth rate | 4.9% (CAGR from 2019 to 2027) |
Largest segment | Residential |
Fastest growing segment | Residential |
Historical data covered | 2016 - 2018 |
Base year for estimation | 2019 |
Forecast period covered | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Residential, Commercial, Industrial |
Key market players worldwide | PT Ace Hardware Indonesia Tbk, Nutrien Ltd, Amrep Corp, Andersons Inc, Basf SE, Dow Inc, Espoma Organic, Central Garden & Pet Co, Premier Tech Home and Garden |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lawn & gardening consumables market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 44.54% in 2019. Horizon Databook has segmented the Asia Pacific lawn & gardening consumables market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2016 to 2027.
The region is estimated to register the fastest growth rate over the forecast period owing to growing target population, increasing levels of disposable income, and improving economic conditions in countries such as India and China.
In addition, a rapidly expanding commercial and residential construction market in the region is likely to have a significant impact on the market growth. This is contributing to the demand for lawn & gardening consumables in the hospitality sector in Asia Pacific.
According to a report by the United Nations World Tourism Organization (UNWTO) in partnership with the Global Tourism Economy Research Centre (GTERC), the tourism industry in APAC has been witnessing exponential growth owing to an increase in international arrivals since 2005.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific lawn & gardening consumables market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific lawn & gardening consumables market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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