Lawn & Outdoor Equipment Stores in the US - Industry Market Research Report
Description
Lawn & Outdoor Equipment Stores in the US
Rising annual precipitation rates resulted in further grass growth, boosting lawn and outdoor equipment demand. Similarly, the industry supplies leaf and snow blowers primarily tailored for fall and winter; this has helped keep industry demand steady because of these yearly conditions. Downstream demand from the Landscaping Services industry (IBISWorld report 56173) also increased as the housing and construction markets expanded and homeowners and businesses took on lawn and garden repair and maintenance projects. So, industry-wide revenue has been increasing at a CAGR of 1.4% to an estimated $12.1 billion over the past five years, despite a projected 1.3% decrease in 2023, when profit is projected to drop to 2.0%.
Retailers in this industry sell lawn and outdoor power equipment and replacement parts to household consumers, farmers, ranchers and other professional workers. Products include rotary mowers, rear engine riding mowers, garden tractors and shredders, chainsaws, leaf blowers, brush cutters, hedge trimmers and more. Retailers in this industry also provide repair services. This industry excludes home improvement stores and e-commerce companies selling lawn and outdoor equipment.
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.
Rising annual precipitation rates resulted in further grass growth, boosting lawn and outdoor equipment demand. Similarly, the industry supplies leaf and snow blowers primarily tailored for fall and winter; this has helped keep industry demand steady because of these yearly conditions. Downstream demand from the Landscaping Services industry (IBISWorld report 56173) also increased as the housing and construction markets expanded and homeowners and businesses took on lawn and garden repair and maintenance projects. So, industry-wide revenue has been increasing at a CAGR of 1.4% to an estimated $12.1 billion over the past five years, despite a projected 1.3% decrease in 2023, when profit is projected to drop to 2.0%.
Retailers in this industry sell lawn and outdoor power equipment and replacement parts to household consumers, farmers, ranchers and other professional workers. Products include rotary mowers, rear engine riding mowers, garden tractors and shredders, chainsaws, leaf blowers, brush cutters, hedge trimmers and more. Retailers in this industry also provide repair services. This industry excludes home improvement stores and e-commerce companies selling lawn and outdoor equipment.
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
44 Pages
- 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
Search Inside Report
Pricing
Currency Rates
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