Lawn And Garden Consumables Market to Exhibit Growth at a Massive CAGR of 3.46% From 2023 To 2032 from rockyja's blog

According to Custom Market Insights (CMI), the global lawn & garden consumable market size is expected to grow from USD 16.20 billion in 2021 to USD 21.93 billion by 2030, growing at a CAGR of 3.46% during the forecast period 2022-2030. The lawn is the area that is covered by soil, durable plants, shrubs, grasses, and others that are sustained with short height with a lawn mower. Whereas gardens are well-organized areas where turf grasses, ornamental crops, flowering plants, and decorative plants are grown to maintain a healthy and aesthetic environment.

In addition, lawn spaces are used as play areas for kids, outdoor activities, and relaxation purposes, whereas gardens environ home that adds an aesthetic look to its surrounding. Increasing trends in urban green spaces and parks are predicted to offer new opportunities to the market.

Browse the full “Lawn & Garden Consumable Market Size, Trends and Insights By Product (Fertilizer, Seed, Pesticides, and Others), By End Use (Residential, Commercial, Industrial, and Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share Outlook, and Forecast 2022–2030” report at https://www.custommarketinsights.com/report/lawn-garden-consumable-market/

Regional Snapshots

The North America region has captured to dominate the market during the forecast period 2022-2031. Owing to the growing trends of lawn and garden party has escalated the demand for lawn & garden consumable products in the region. In addition, the remarkable increase in renovation projects in the U.S. will enhance the market growth.

In the Asia-Pacific region, the growing commercial and residential sector has increased which has witnessed significant market growth. Furthermore, the growth of the lawn & garden consumable market is fueled by an increase in urbanization, improvement in the standard of living, increase in the gardening practices at home, organic food gardening, and others will have a major impact on the growth of the market in the Asia-Pacific region.

Market Dynamics

Growth Drivers

Gardening has become one of the vital parts of urban infrastructure. To make gardening more efficient and sustainable, the demand for organic fertilizers such as animal manure, worm compost, crop residue, food waste, sewage sludge, and peat moss has increased.  This is anticipated to increase the growth of the lawn & garden consumable market during the forecast period.

In response to this, there are several leading key manufacturer actively engaged in developing advanced lawn & garden consumables machines that offer ease of operation, enhances convenience, and helps in increasing the efficiency of gardening activity. The launch of natural product variants, machinery, and organic gardening practices will propel the market growth during the forecast period.

Restraints

However, there are many countries such as Dubai, India, the U.S., Saudi Arabia, and others that are implementing stringent norms and regulations on the use of fertilizers in lawns and gardens which may hamper the market growth. In addition, habitual use of insecticides and pesticides contains hazardous chemicals which may lead to adverse effects on health. These factors together may disturb the growth of the lawn & garden consumable market.

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Opportunities

The population of most countries is increasing at an exponential rate, which, in turn, leads to rapid urbanization, a growing urban population, and an increase in industrial activity leading to rising in pollution, poor air quality, and degradation of the environment. To mitigate these effects government has set up laws and regulations on the use of fertilizers in lawns and gardens. The government initiation and investment in these sectors escalated the growth of the global lawn & garden consumable market.

In addition, the inclination towards landscaping is predicted to escalate the global market growth. This is attributed to the fact that the increase in disposable income of the upper-middle-class families and high-income population has made people more linear toward landscaping practices, which involve planting ornamental flowers & shrubs and arranging pottery plants in a well-designed garden or lawn architecture. These factors are propelling the market growth; thus, creating lucrative opportunities for the market.

Challenges

Over the forecast period, increasing prices of fertilizer and high maintenance costs, and overall nurturing of lawn & garden on the daily basis will make it challenging. This is expected to act as a challenging factor for the growth of the market during the forecast period.

Report Highlights

On the basis of products, the segment includes fertilizer, seeds, pesticides, and others. The fertilizer segment is likely to sustain its pole position during the forecast period. The fertilizer segment is likely to sustain its pole position during the forecast period. Fertilizers provide essential nutrients, strengthen plant productivity, help increase photosynthesis activity, and resist diseases that make them suitable for gardens and lawns. The utilization of fertilizers in green spaces such as gardens, parks, lawns, nurseries, and others are boosting the demand of the global lawn & garden market. These factors are anticipated to enhance the growth of the fertilizer segment in the market.

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