Outdoor Power Equipment - US - March 2018
"Despite outdoor power equipment being a large and costly purchase, adults are more likely to own equipment than rent. In addition, the time-saving benefits from hiring a professional service may create challenges for the market. Future growth may hinge on consumer interest in sustainability, emphasizing growth potential for eco-friendly power equipment options."
- Olivia Guinaugh, Home & Personal Care Analyst
This Report looks at the following areas:
Consumers are unwilling to pay more for product innovations
Time-saving benefits offered by professional services may challenge market
Declining homeownership rate can temper category growth