Market revenue in 2019 | USD 7,552.4 million |
Market revenue in 2027 | USD 9,597.3 million |
Growth rate | 3% (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 48.42% in 2019. Horizon Databook has segmented the North America 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 the increased spending on residential renovations and rising importance of home gardens in the Americas. According to Improving America’s Housing 2019, a report by Harvard University's Joint Center for Housing Studies, the home remodeling market in the U.S. has risen by more than 50% since the end of the Great Recession.
Spending on interior improvements & renovations in both rental and owner-occupied properties stood at about USD 425 billion in 2017. According to Google Trends Data, lawn services for renovation are a hot topic for U.S. states such as Iowa, Missouri, and Michigan.
North America accounted for a share of more than 38.7% of the global lawn & gardening consumables market in 2019. The growing trend of house and garden parties is expected to boost the demand for fertilizers and seeds in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America lawn & gardening consumables market, including forecasts for subscribers. This continent databook contains high-level insights into North America lawn & gardening consumables market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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