Garden Supplies Retailing in Australia - Industry Market Research Report

Overgrown: Growing internal and external competition have reduced industry profitability

The Garden Supplies Retailing industry has performed well. Residential building trends and fluctuations in discretionary income, consumer sentiment and annual rainfall have influenced garden supply demand. Industry-wide revenue has been growing at an annualised 4.7% over the past five years and is expected to total $5.8 billion in 2022-23, when revenue will fall by an anticipated 1.4%, hurt by household discretionary income declining and negative consumer sentiment.

Industry operators sell garden supplies or nursery goods such as seedlings, bulbs, shrubs, trees, pesticides, fertilisers and other nursery stock. These goods are largely purchased from wholesalers and sold directly to consumers online or through retail outlets. This includes garden centres operated by hardware retailers. Retailers that primarily sell cut flowers and online-only retailers are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.