United States Home and Garden Retailing Market Size, Share and Growth Analysis Report: Forecast Trends and Outlook 2025-2034

The United States home and garden retailing market was valued at USD 150.20 Billion in 2024. The industry is expected to grow at a CAGR of 2.20% during the forecast period of 2025-2034 to attain a valuation of USD 186.71 Billion by 2034.

United States Home and Garden Retailing Market Outlook

The increased consumer spending on home improvement and gardening projects is a key factor contributing to the growth of the United States home and garden retailing market. People who spend more time at home and have a passion for gardening prefer organising their gardens using DIY projects, leading to an increase in gardening expenditures. As per industry reports, in February 2024, spending on building materials and garden equipment increased by over 2%, compared to the previous month.

Furthermore, there is a growing demand for housing and a continued desire to renovate homes, leading to market growth. As per industry reports, expenditure on home improvements rose from USD 328 billion in 2019 to USD 472 billion in 2022, which has also resulted in increased United States home and garden retailing market revenue. These expenditures are further expected to rise to USD 485 billion in 2024.

Additionally, the 5% increase in spending on outdoor furniture in 2020 showcases that there is a growing interest in creating attractive and functional outdoor living spaces among US residents. These trends indicate that the market value is poised for sustained growth in the future.

United States Home and Garden Retailing Market Share Has Been Majorly Captured by Far West and Rocky Mountain Region Due to Increasing Consumer Expenditure on Home Improvement

• In the market from 2024 to 2032, the Far West region is expected to lead with the highest CAGR of 2.6%, driven by a growing interest in home improvement and gardening activities, coupled with a strong economy that supports consumer spending on these products.
• The Rocky Mountain region follows with a CAGR of 2.4%, supported by a rising trend in outdoor living and an increasing number of homeowners investing in home and garden enhancements.
• The Southwest, with a CAGR of 2.3%, benefits from expanding residential construction and a consumer base interested in upgrading their living spaces.
• The Southeast, growing at a CAGR of 2.2%, shows steady home and garden retailing demand growth in United States due to favorable economic conditions and the increasing popularity of home improvement projects.
• New England and the Mideast regions exhibit moderate growth with CAGRs of 2.0% and 1.9%, respectively, reflecting stable but slower-growing markets.
• The Plains and Great Lakes regions, with CAGRs of 1.8% and 1.7%, respectively, experience slower growth due to smaller market sizes and less dynamic economic activity.

Increasing Consumer Engagement in Gardening is Driving United States Home and Garden Retailing Market Growth

• In the market from 2024 to 2032, home improvement products are anticipated to experience the highest growth, with a CAGR of 2.5%, driven by the increasing trend of DIY home projects and the growing availability of home improvement supplies.
• Gardening equipment and supplies, with a CAGR of 2.4%, continue to see strong demand as more consumers engage in gardening as a hobby and to enhance their living spaces.
• As per United States home and garden retailing industry analysis, outdoor furniture, with a CAGR of 2.2%, is also in demand as consumers invest in creating comfortable and aesthetically pleasing outdoor living areas.
• Home décor and accessories, with a CAGR of 2.1%, show growth due to the ongoing interest in home personalization and interior design.
• The 'others' category, with a CAGR of 2.0%, includes various additional product categories that contribute to overall market growth at a slightly slower pace.

Growing Availability of Specialised Home and Garden Products on E-Commerce Websites is One of the Many United States Home and Garden Retailing Market Trends

• In the market from 2024 to 2032, the online distribution channel is expected to lead with a CAGR of 2.4%, driven by the increasing convenience of e-commerce, a wide selection of products, and competitive pricing.
• Specialty stores, with a CAGR of 2.3%, continue to show strong growth as they cater to consumers looking for high-quality, unique, and specialised home and garden products.
• Hypermarkets/supermarkets, with a CAGR of 2.1%, remain important for consumers who prefer to see and purchase products in person.
• The 'others' category, with a CAGR of 2.0%, includes various additional distribution channels that contribute to overall home and garden retailing demand in United States at a slightly slower pace.

Key Questions Answered in the Report:

• How has the United States home and garden retailing market performed historically, and what are the growth expectations for the future?
• What are the primary factors influencing demand and growth in the United States home and garden retailing market?
• What are the key segments within the United States home and garden retailing market, and how are they expected to evolve over the forecast period?
• What are the major challenges and opportunities facing stakeholders in the United States home and garden retailing market?
• Who are the key players in the United States home and garden retailing market, and what strategies are they employing to maintain a competitive edge?
• What are the regulatory and policy factors influencing the United States home and garden retailing market globally or regionally?
• How competitive is the United States home and garden retailing market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
• What are the current trends shaping the United States home and garden retailing market landscape, and how are they expected to evolve in the future?
• How are technological advancements impacting the United States home and garden retailing market, and what role do innovation and R&D play in driving growth?
• What are the consumer preferences and buying behavior trends influencing the United States home and garden retailing market?
• How sustainable are current growth rates in the United States home and garden retailing market, and what factors could potentially disrupt these trends?
• What are the regional dynamics within the United States home and garden retailing market, and how do they contribute to overall market growth?
• What are the economic factors influencing the United States home and garden retailing market, such as GDP growth, inflation rates, and currency fluctuations?
• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States home and garden retailing market?
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States home and garden retailing market?
• What are the regulatory and legal frameworks impacting the United States home and garden retailing market globally or in key regions?
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States home and garden retailing market?
• What are the emerging market trends and niche opportunities within the United States home and garden retailing market that stakeholders should be aware of?
• How resilient is the United States home and garden retailing market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
• What are the potential barriers to market entry and growth for new players in the United States home and garden retailing market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States home and garden retailing market spanning from 2018 to 2034.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States home and garden retailing market.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States home and garden retailing market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States home and garden retailing market landscape.
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