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Farm, Lawn & Garden Equipment Wholesaling in the US - Industry Market Research Report

  • September 2016
  • 30 pages
  • Ibisworld
Report ID: 198848

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Changing landscape: Falling crop prices will cause industry revenue to fall



Abstract

Farm, Lawn & Garden Equipment Wholesaling in the US

A variety of factors have put pressure on the Farm, Lawn and Garden Equipment Wholesaling industry over the past five years. After the housing bubble burst and the recession took hold, wholesalers were left to contend with with steeply declining revenue. Even as the economy recovered, paving the way for a rebound in demand for industry equipment, wholesale bypass has prevented profit margins from returning to prerecessionary levels, as large downstream customers opt to deal directly with manufacturers. This trend will drive industry consolidation over the coming five years, as large companies boost market share through acquisitions and smaller operators exit the industry altogether. Still, the industry's largest companies, many of which are vertically integrated, will benefit from rising demand from the farming sector, which is partly driven by increased investment in alternative energy.

This industry includes companies that primarily purchase specialized machinery, equipment and related parts used in agricultural and consumer segment activities (e.g. farm, lawn and garden). This equipment is then sold to downstream markets, namely farms and other wholesalers that make the goods available to end consumers.

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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