In 2023, the production value of mowers for lawns, parks, or sports grounds in the UK stood at an estimated 113.94 million Euros. The forecasted data from 2024 to 2028 shows a consistent decline, with the year-on-year percentage decrease ranging from approximately 4.27% to 4.89%. Between 2023 and 2028, the compound annual growth rate (CAGR) indicates an average annual decline of around 4.65% in production value.
Future trends to watch for include:
- Technological advancements in mower efficiency and eco-friendliness.
- Impact of changing consumer preferences towards sustainable and low-maintenance landscaping solutions.
- Potential fluctuations in demand driven by weather patterns and urban development policies.
- The influence of economic factors such as inflation and currency fluctuations on the industry's cost structure and pricing strategies.