Global Building Material And Garden Equipment and Supplies Dealers Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

26 Jan, 2021

The building material and garden equipment and supplies dealers market consists of sales of building material and garden equipment by entities (organizations, sole traders and partnerships) that are engaged in retailing specialized lines of new building materials, such as lumber, fencing, glass, doors, plumbing fixtures and supplies, electrical supplies, prefabricated buildings and kits, and kitchen and bath cabinets and countertops to be installed. The entities in this market are also engaged in retailing garden equipment such as powered lawnmowers, lawn and garden tractors, and other home lawn and garden equipment, such as tillers, shredders, yard vacuums, and leaf blowers.

Global Building Material And Garden Equipment and Supplies Dealers Market Size And Drivers:

The global building material and garden equipment and supplies dealer market is expected to grow from $1.10 trillion in 2020 to $1.17 trillion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.43 trillion in 2025 at a CAGR of 5%. The building material and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries.

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Trends In The Global Building Material And Garden Equipment and Supplies Dealers Market

With rising awareness regarding environmental pollution, the demand for green building materials is increasing. Green building materials are sustainable, have low carbon footprint and help reduce exposure to toxic chemicals in residences and workplaces. These materials are moisture resistant, energy efficient, easy to maintain, and create less production waste. As people become aware about polluting and hazardous construction materials, the industry accommodates organic architecture and biodegradable materials in the design of homes and commercial spaces. Consumers now demand for safer products.

Global Building Material And Garden Equipment and Supplies Dealers Market Segments:

The global building material and garden equipment and supplies dealers market is further segmented based on type, ownership, type of store and geography.
By Type: Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores.
By Ownership: Retail Chain, Independent Retailer.
By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store.
By Geography: The global building material and garden equipment and supplies dealers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America was the largest region in the global building material and garden equipment and supplies dealers market, accounting for 38% of the total market.

Read More On The Report For The Global Building Material And Garden Equipment and Supplies Dealers Market At:
https://www.thebusinessresearchcompany.com/report/building-material-and-garden-equipment-and-supplies-dealers-global-market-report-2020-30-covid-19-impact-and-recovery

Building Material And Garden Equipment and Supplies Dealers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides building material and garden equipment and supplies dealers market overviews, analyzes and forecasts market size and growth for the global building material and garden equipment and supplies dealers market, building material and garden equipment and supplies dealers market share, building material and garden equipment and supplies dealers market players, building material and garden equipment and supplies dealers market segments and geographies, building material and garden equipment and supplies dealers market’s leading competitors’ revenues, profiles and market shares. The building material and garden equipment and supplies dealers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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