Nursery & Garden Stores in the US - Industry Market Research Report
Nursery & Garden Stores in the US
Over the five years to 2019, the Nursery and Garden Stores industry has experienced blossoming growth. The strengthening consumer segment has been largely responsible for the industry's strong performance, with per capita disposable income and consumer confidence steadily increasing during the current period. While heightened external competition remained omnipresent, remaining stores have largely been able to overcome the competitive environment. However, external competition has been a looming threat for the industry over the past five years. Big-box operators have absorbed a large portion of demand for industry products. Nevertheless, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to rise as economic conditions will likely remain stable. However, revenue growth is projected to be more modest compared with the current period, primarily as the competitive environment heats up.
Operators 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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