
Lawn and Garden Equipment Manufacturing in the US - Industry Market Research Report
Description
Lawn and Garden Equipment Manufacturing in the US - Industry Market Research Report
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.
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.
Table of Contents
47 Pages
- TABLE OF CONTENTS
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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.