+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Lawn and Garden Equipment Manufacturing - Industry Market Research Report

  • ID: 4830136
  • Report
  • July 2019
  • Region: Global
  • 32 pages
  • IBISWorld
1 of 3
Sprouting up: Homeownership rates are expected to grow rapidly, boosting downstream demand

FEATURED COMPANIES

  • Deere & Company
  • Honda Motor Co. Ltd.
  • Husqvarna Group
  • The Toro Company
  • MORE

Lawn and Garden Equipment Manufacturing

Over the five years to 2019, the Lawn and Garden Equipment Manufacturing industry has stagnated somewhat, as increasing per capita disposable income and access to credit have been countered by sluggish growth in the homeownership rate, which has tempered downstream demand since homeowners comprise the majority of industry product end users. In addition, nonresidential construction has also grown at a slow rate, which has constrained demand from commercial customers somewhat. Furthermore, an appreciating US dollar has led to an increase in import penetration, further tempering revenue growth. Over the five years to 2024, industry revenue is expected to grow at a faster rate than over the past five years, as is the homeownership rate. This rise in homeownership is expected to boost downstream demand from individual consumers and incentivize retailers and distributors to increase their orders from industry operators. In addition, nonresidential construction rates will likely accelerate compared with the previous period, increasing downstream demand from commercial buyers.

This industry manufactures powered lawn and garden equipment, primarily for maintenance of lawns and gardens by households and businesses. Equipment manufactured by this industry includes lawn tractors, riding and standing mowers, hedge trimmers, leaf blowers, wood chippers and other machinery for maintaining lawns and gardens.

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.

Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Deere & Company
  • Honda Motor Co. Ltd.
  • Husqvarna Group
  • The Toro Company
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Deere & Company
  • Husqvarna Group
  • Honda Motor Co. Ltd.
  • The Toro Company
Note: Product cover images may vary from those shown
Adroll
adroll