Lawn and Garden Tractor and Home Lawn and Garden Equipment Global Market Report 2021 - ResearchAndMarkets.com

The "Lawn and Garden Tractor and Home Lawn and Garden Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

The global lawn and garden tractor and home lawn and garden equipment market is expected to grow from $33.48 billion in 2020 to $35.69 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The market is expected to reach $43.54 billion in 2025 at a CAGR of 5.1%.

Major players in the lawn and garden tractor and home lawn and garden equipment market are Ariens Company, Deere & Company, Husqvarna AB, Briggs & Stratton Corporation, The Toro Company, STIHL Holding AG & Company KG, Emak, Stanley Black and Decker Inc., and Echo.

The lawn and garden tractor and home lawn and garden equipment market consists of sales of lawn and garden tractor and home lawn and garden equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing powered lawnmowers, lawn and garden tractors, and other home lawn and garden equipment, such as tillers, shredders, yard vacuums, and leaf blowers. Only goods and services traded between entities or sold to end consumers are included.

The high price of the garden tractor, as compared to a lawn tractor is expected to limit the growth of the lawn and garden tractor and home lawn and garden equipment market. The garden tractors are considered more versatile and heavy-duty, thus cost more than lawn tractors. The price of garden tractors ranges between $2,200 and $8,000, whereas lawn tractors are priced between $1,200 and $2,200. Hence, the higher price of the garden tractor as compared to a lawn tractor is a burden for individuals and is likely to have an adverse impact on the sales of garden tractors.

The lawn and garden tractor and home lawn and garden equipment market covered in this report is segmented by type into push lawn mowers; riding mowers; and other lawn and garden tractor and home lawn and garden equipment, by end user into residential users; professional landscaping services; others.

Growing golf course areas and development in the green space have led to a rise in demand for lawn and garden tractors and the home lawn and garden equipment market. Garden tractors are used for regular maintenance of golf courses.

According to the National Golf Foundation, around 34.2 million Americans played golf in both on-course and off-course activities in 2019. The surge in the number of people playing golf is generating higher demand for golf courses. Therefore, the surge in golf courses and green space resulted in increased spending on garden equipment, garden tractor, lawn, and home lawn equipment.

Key Topics Covered:

1. Executive Summary

2. Lawn and Garden Tractor and Home Lawn and Garden Equipment Market Characteristics

3. Lawn and Garden Tractor and Home Lawn and Garden Equipment Market Trends and Strategies

4. Impact of COVID-19 on Lawn and Garden Tractor and Home Lawn and Garden Equipment

5. Lawn and Garden Tractor and Home Lawn and Garden Equipment Market Size and Growth

5.1. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Historic Market, 2015-2020, $ Billion

5.1.1. Drivers of the Market

5.1.2. Restraints on the Market

5.2. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers of the Market

5.2.2. Restraints on the Market

6. Lawn and Garden Tractor and Home Lawn and Garden Equipment Market Segmentation

6.1. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Blowers
• Chain Saws
• Cutters & Shredders
• Tractors
• Lawn Mowers
• Sprinkler & Hoses
• Others

6.2. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Segmentation by End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Residential Users
• Professional Landscaping Services
• Others

6.3. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Segmentation by Power, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Manual
• Electric-Powered
• Gas-Powered
• Others

6.4. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Segmentation by Operation, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Walk behind
• Rider
• Others

7. Lawn and Garden Tractor and Home Lawn and Garden Equipment Market Regional and Country Analysis

7.1. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Lawn and Garden Tractor and Home Lawn and Garden Equipment Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

• Ariens Company
• Deere & Company
• Husqvarna AB
• Briggs & Stratton Corporation
• The Toro Company
• STIHL Holding AG & Company KG
• Emak
• Stanley Black and Decker Inc.
• Echo
• Makita Corporation
• Honda
• Alamo Group
• Fiskars Group
• Craftsman

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210823005321/en/