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Lawn & Outdoor Equipment Stores in the US - Industry Market Research Report

Lawn & Outdoor Equipment Stores in the US - Industry Market Research Report

  • May 2017
  • 34 pages
  • ID: 243191

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Planting seeds: New environmentally friendly products will present an opportunity for the industry

Lawn & Outdoor Equipment Stores in the US

Bolstered by a revival in spending on home improvements, the Lawn and Outdoor Equipment Stores industry has recovered significantly over the five years to 2017. As consumers' confidence in the economy has improved alongside increased disposable income, households increased their spending on items such as lawn and garden tools. Downstream demand also increased as the housing and construction market revived and homeowners and businesses resumed lawn and garden repair and maintenance projects put on hold during the recession. Despite positive signals from various economic indicators driving the industry's recovery, the industry has been threatened by fierce external competition from home improvement stores. Over the five years to 2022, despite rising consumer confidence and increasing disposable income, external competition will continue to threaten industry operators. The emergence of a new line of environmentally friendly products will present an opportunity for lawn and outdoor equipment stores to recover some lost demand.

Operators in this industry sell lawn and outdoor power equipment and replacement parts to household consumers, farmers, ranchers and other professional workers. Products include rotary mowers, rear engine riding mowers, garden tractors and shredders, chainsaws, leaf blowers, brush cutters, hedge trimmers and more. Players in this industry also provide repair services. This industry excludes home improvement stores and e-commerce companies selling lawn and outdoor equipment.

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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