Market revenue in 2019 | USD 1,013.2 million |
Market revenue in 2027 | USD 1,312.0 million |
Growth rate | 3.3% (CAGR from 2019 to 2027) |
Largest segment | Residential |
Fastest growing segment | Residential |
Historical data | 2016 - 2018 |
Base year | 2019 |
Forecast period | 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 41.86% in 2019. Horizon Databook has segmented the India lawn & gardening consumables market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2016 to 2027.
The growth of this market can be attributed to significant growth in the residential and commercial sectors. Commercial and residential constructions account for 40% to 45% of the total construction spending in India, resulting in the continuous development of projects. This, in turn, is expected to drive the demand for lawn & gardening consumables in the country.
There is an ongoing trend of rooftop gardening in India owing to rapid urbanization and a growing space crunch in urban households. This trend has been driving consumer attention toward lawn & garden consumables such as fertilizers and seeds.
The emerging concept of hydroponic gardening in India is also promoting the habit of planting and gardening, resulting in the high demand for lawn & garden consumables. This concept has been gaining popularity among growers owing to its more sustainable approach to resource usage, compared to traditional growing methods.
Horizon Databook provides a detailed overview of country-level data and insights on the India lawn & gardening consumables market, including forecasts for subscribers. This country databook contains high-level insights into India lawn & gardening consumables market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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