Nursery & Garden Stores in the US
Over the past five years, the Nursery and Garden stores industry has experienced a blossoming recovery. The strengthening consumer segment has been largely responsible for the industry's recovery, with per capita disposable income and consumer confidence steadily increasing over the period. While heightened external competition and the lingering effects of the recession pushed some operators out of the industry, the remaining stores have largely been able to overcome the competitive environment. Over the next five years, recovery is expected to continue, albeit at a slower rate as external competition from big-box stores heats up. However, consumer demand for ecofriendly and organic products will continue to push innovation in the industry. Furthermore, industry operators will hire highly skilled employees to come up with new products that cater to the changing environment.
Stores in this industry primarily retail a broad range of nursery and garden products, including trees, shrubs, plants, seeds, bulbs and sod to households and the farming community. This industry also includes stores that retail farm supplies such as animal feed (excluding pet food). The growing and retailing of nursery stock is included in the Plant and Flower Growing industry (IBISWorld report 11142).
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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