Canada Outdoor Power Equipment Market Size & Outlook
Canada outdoor power equipment market, 2018-2030 (US$M)
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Canada outdoor power equipment market highlights
- The Canada outdoor power equipment market generated a revenue of USD 4,778.5 million in 2022 and is expected to reach USD 7,474.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, lawn mowers was the largest revenue generating equipment in 2022.
- Chainsaw is the most lucrative equipment segment registering the fastest growth during the forecast period.
Outdoor power equipment market data book summary
| Market revenue in 2022 | USD 4,778.5 million |
| Market revenue in 2030 | USD 7,474.4 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Lawn mowers |
| Fastest growing segment | Chainsaw |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lawn Mowers, Chainsaw, Trimmers & Edger, Blower, Tillers & Cultivators, Snow Throwers |
| Key market players worldwide | Electrolux AB ADR, Makita Corp, Honda Motor Co Ltd ADR, Briggs & Stratton, Stanley Black & Decker, Techtronic Industries Co Ltd, Chervon Holdings Ltd, Robert Bosch Engineering & Business Solutions, The Toro Co, Deere & Co, Yamabiko Europe, STIHL, MTD Holdings, AL-KO KOBER Group, Ariens |
Other key industry trends
- In terms of revenue, Canada accounted for 9.8% of the global outdoor power equipment market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. outdoor power equipment market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 20,103.6 million by 2030.
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Outdoor Power Equipment Market Scope
Outdoor Power Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada outdoor power equipment market outlook
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 outdoor power equipment market will help companies and investors design strategic landscapes.
Lawn mowers was the largest segment with a revenue share of 40.68% in 2022. Horizon Databook has segmented the Canada outdoor power equipment market based on lawn mowers, chainsaw, trimmers & edger, blower, tillers & cultivators, snow throwers covering the revenue growth of each sub-segment from 2018 to 2030.
The interest in ergonomic designs and lightweight materials is growing among Canadian consumers. Heavy snowfall in many areas is prompting users to prioritize shovels that are not only effective in snow removal but also easy to handle and reduce physical strain.
This is motivating manufacturers to produce snow shovels made from lighter materials and boasting enhanced grip handles to improve user comfort and make snow removal an easy rather than a physically demanding task. The incorporation of these design elements is in line with the evolving consumer preferences for tools facilitating efficient and comfortable snow removal.
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Target buyers of Canada outdoor power equipment market databook
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Our clientele includes a mix of outdoor power equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada outdoor power equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada outdoor power equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada outdoor power equipment market size, by equipment, 2018-2030 (US$M)
Canada Outdoor Power Equipment Market Outlook Share, 2022 & 2030 (US$M)
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