The import of powered lawn mowers with horizontal cutting devices to Norway reached 161.8 thousand units in 2023. The forecast for the upcoming years shows a moderate but consistent increase:
- 2024: 161.8 thousand units
- 2025: 163.3 thousand units (+0.93% YoY)
- 2026: 164.76 thousand units (+0.89% YoY)
- 2027: 166.2 thousand units (+0.88% YoY)
- 2028: 167.61 thousand units (+0.85% YoY)
Over the last two years, the average year-on-year variation was approximately +0.88%, pointing to a stable market. The Compound Annual Growth Rate (CAGR) over the five years stands at +0.84%, indicating a slight upward trend.
Future trends to watch for include advancements in eco-friendly technologies, the impact of changing climatic conditions on lawn-maintenance practices, and potential shifts towards automated and robotic mowing solutions. These factors could introduce variability and new opportunities in the market.
