Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report Global Market To Reach Value Of Over $43 Billion In 2025

7 Sep, 2021

The lawn and garden tractor and home lawn and garden equipment market consists of sales of lawn and garden tractor and home lawn and garden equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing powered lawnmowers, lawn and garden tractors, and other home lawn and garden equipment, such as tillers, shredders, yard vacuums, and leaf blowers. Only goods and services traded between entities or sold to end consumers are included.

Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report Market Size:

The global lawn and garden tractor and home lawn and garden equipment market is expected to grow from $33.48 billion in 2020 to $35.69 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. 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 $43.54 billion in 2025 at a CAGR of 5.1%.

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Trends In The Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report Market

In January 2020, The Toro Company, a US-based company that deals with turf maintenance, landscape, rental and specialty construction equipment, and irrigation solutions acquired Venture Products, Inc., a manufacturer of Ventrac-branded products for $167.5 million. The acquisition supports growth strategy in the professional market with the addition of a strong brand and expanded product offering to customers in the turf, landscape, and snow and ice maintenance categories. Venture Products Inc., is a US-based manufacturer of equipment for turf and landscape grounds management, sidewalk snow removal, and specialty grounds care maintenance.

Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report Market Segments:
The global lawn and garden tractor and home lawn and garden equipment market report market is further segmented –
By Product Type: Blowers, Chain Saws, Cutters & Shredders, Tractors, Lawn Mowers, Sprinkler & Hoses, Others
By End User: Residential Users, Professional Landscaping Services, Others
By Power: Manual, Electric-Powered, Gas-Powered, Others
By Operation: Walk Behind, Rider, Others
By Geography: The global lawn and garden tractor and home lawn and garden equipment market report market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the lawn and garden tractor and home lawn and garden equipment market report market accounts for the largest share in the global lawn and garden tractor and home lawn and garden equipment market report market.

Read More On The Report For The Global Lawn And Garden Tractor And Home Lawn And Garden Equipment Market Report Market At:

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

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