Farm, Lawn & Garden Equipment Wholesaling in the US
The Farm, Lawn and Garden Equipment Wholesaling industry distributes a variety of equipment, including new and used tractors, harvesting machines, livestock feeders, lawn mowers, gardening tools and replacement parts. Given the nature of wholesaling, the primary downstream consumers for this industry are large-scale agricultural operations, followed by retailers and nonresidential building construction. Over the five years to 2019, the agricultural sector has been volatile, as evidenced by sharp declines in the agricultural price index. Although it returned to growth in 2017, the industry is slated to decline overall over the five years to 2019 due to an uncharacteristically high base in 2014 followed by strong declines. Over the next five years, revenue generated from lawn and garden equipment is expected to increase slightly. Demand from construction and other businesses is expected to boost revenue from products in the lawn and garden segment of the industry as spending on recreation and the value of nonresidential building construction increases.
This industry includes companies that primarily purchase specialized machinery, equipment and related parts used in agricultural and consumer segment activities (e.g. farm, lawn and garden uses). This equipment is then sold to downstream customers, namely farms and other wholesalers, that make the goods available to end consumers.
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.
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