Lawn & Gardening Consumables Market Size Reach $25.94 Billion by 2027 | Top Key Players: Ace Hardware Corporation; AE McKenzie; Agrium Incorporated; AMBRANDS | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the growing trend of outdoor kitchen, which is generally constructed using large volumes of hardscaping products, is expected to boost the demand for lawn and gardening consumable products. In addition, rapidly expanding real estate sector will have a positive impact on lawn & gardening consumables market growth.

The global lawn & gardening consumables market size is anticipated to reach USD 25.94 billion by 2027, expanding at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing preference for landscaping and gardening activities across the residential, commercial, and industrial sectors is expected to drive the market for lawn and gardening consumables.

In addition, consumers are increasingly investing in home improvement or home remodeling projects to revamp their traditional household structure. Growth of the home values have doubled the total homeowner equity in the past five years. This has allowed the homeowners to feel richer and more disposed towards spending money on home improvement. This scenario is propelling the preference for accommodating gardening areas in the residential units. According to the American Housing Survey conducted by Harvard’s Joint Center for Housing Studies, the home improvement industry was valued at USD 383.3 billion in 2017.

Furthermore, wave of millennials are buying homes, particularly older homes that require more improvements, thus boosting the demand for landscaping products. According to a research conducted by HomeAdvisor, millennials are investing in a greater number of home improvement projects each year as compared to other age groups. Moreover, many consumers are considering the concept of landscaping as an essential part of interior decoration, which, in turn, is driving the demand for lawn and gardening consumables.

North America emerged as the largest regional market in 2019 and is expected to maintain its lead over the forecast period. Growing trend of house occasions is expected to boost the demand for lawn and gardening consumables in the region. Moreover, according to the National Association of Home Builders (NAHB), the number of single-family permits in U.S. has increased by 8.4% in 2018. Thus, rising developments in the residential household category are expected to drive the need for home décor, thereby resulting in the increased demand for lawn and gardening consumables.

 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/lawn-gardening-consumables-market

 

Lawn & Gardening Consumables Market Report Highlights

By end user, the residential segment accounted for a share of more than 45% in 2019 and is expected to expand at the highest CAGR over the forecast period
Based on product, fertilizers held a major share of more than 32% in 2019 and is expected to maintain its lead in the next few years
Some of the major players operating in the lawn & gardening consumables market are Ace Hardware Corporation, AE McKenzie, Agrium Incorporated, AMBRANDS, Amrep, Andersons Incorporated, APEX Nursery Fertilizer, BASF SE, DowDuPont, Espoma Company, Ferry-Morse Seed, Premier Tech Limited, and Scootney Springs Seed.

 

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/lawn-gardening-consumables-market/request/rs1

 

Lawn & Gardening Consumables Market Segmentation

Grand View Research has segmented the global lawn & gardening consumables market by product, end user, and region:

Lawn & Gardening Consumables Product Outlook (Revenue, USD Million, 2016 – 2027)

Fertilizers
Seeds
Pesticides
Others

Lawn & Gardening Consumables End-user Outlook (Revenue, USD Million, 2016 – 2027)

Residential
Commercial
Industrial

Lawn & Gardening Consumables Regional Outlook (Revenue, USD Million, 2016 – 2027)

North America
U.S.
Europe
Germany
U.K.
Asia Pacific
China
India
Central & South America
Middle East & Africa

 

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/450279/ibb

 

About Grand View Research

 

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/lawn-gardening-consumables-market