The lawn and garden consumables market includesproducts such as fertilizers, mulch films, pesticides, and seeds. These areused in lawn and gardens. Lawn and garden consumable products are primarilyutilized in application areas such as residential, commercial, and industrial.
Lawn and Garden Consumables Market: Segmentation
The globallawn and garden consumables market can be segmented based on product andapplication. In terms of product, the lawn and garden consumables market can beclassified into fertilizers, pesticides, seeds, and mulch films. Fertilizersand pesticides segments account for key share of the lawn and gardenconsumables market.
Based onapplication, the lawn and garden consumables market can be divided intoresidential, commercial, and industrial. Commercial and residential segmentshold key share of the market owing to the rise in construction activities andincrease in investment in the development of urban green spaces. Demand forlawn and garden consumables has been rising in the commercial segment due tothe continued popularity of gardening as a hobby in developed regions andincreasing numbers of small container or community gardens in urban areas indeveloping regions.
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Lawn and Garden Consumables Market: Development & Trends
Increasein the number of middle class and high income group population has been a majorfactor driving the demand for lawns and garden consumables. Furthermore, risein demand for landscaping is expected to fuel the market during the forecastperiod. Relatively low cost and eco-friendly products are expected to offerimmense growth opportunities to the market in the near future. On the otherhand, homeowners are moving away from resource-intensive landscaping featuressuch as lawns due to environmental awareness. Installation of low-maintenancelandscaping features is anticipated to further restrain the market
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Furthermore,environmental and health hazards associated with several products such asfertilizers and pesticides are major restraints of the market. Decline in sizeof lawns in new homes and increase in public awareness about the hazards ofoveruse of lawn chemicals are estimated to adversely affected to hamper thelawn and garden consumables market.
Lawn and Garden Consumables Market: Regional Outlook
Based onregion, the lawn and garden consumables market can be split into North America,Europe, Asia Pacific, Latin America, and Middle East and Africa. North Americais the key region of the global lawn and garden consumables market. Itaccounted for major share of the global lawn and garden consumables market. Itwas followed by Asia Pacific and Europe. North America led the global lawn andgarden consumables market owing to the high demand for these in the U.S.Increase in demand for food gardening is expected to drive the market for seedsin developed economies of North America and Europe. Asia Pacific is anticipatedto be a rapidly growing region of the market during forecast period due to theincrease in number of middle class population in developing economies of theregion. Increase in demand for lawn and garden consumables in Latin America andcountries in the Middle East is projected to drive the demand for theseconsumables in these regions in the near future.
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Lawn and Garden Consumables Market: Key Players
Key playeroperating in the lawn and garden consumables market include Ace HardwareCorporation, AE McKenzie, Agrium Incorporated, AMBRANDS, Amrep, AndersonsIncorporated, APEX Nursery Fertilizer, BASF SE, DowDuPont, Espoma Company,Ferry-Morse Seed, Premier Tech Limited, and Scootney Springs Seed.
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