New York, NY, March 19, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Lawn & Garden Consumables Market By Product Type [Fertilizer (Nitrogen, Phosphate, Potash, Micronutrients), Pesticides, Growing Media, Seeds, Mulch, and Others], and By Application [Commercial, Golf Turf, Industrial, and Residential]: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026”.
“According to the research report, the global Lawn & Garden Consumables Market was estimated at USD 18,180 Million in 2019 and is expected to reach USD 23,410 Million by 2026. The global Lawn & Garden Consumables Market is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2019 to 2026”.
The Global Lawn & Garden Consumables Market Is Powered By Advancements In Lawn Equipment Technology And Green Construction Initiatives, Increasing Demand For Green Solutions In Developing Countries Are Driving Lawn & Garden Consumables Growth Across The World.
Lawn and garden consumable products include pesticides, mulch, fertilizers, and other lawn and garden consumables. Lawn and garden consumable products are mostly used in residential, commercial, and industrial applications.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 190+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Key Questions Answered in this Report
1) What was the pre and post-business impact of COVID-19 on the Lawn & Garden Consumables Market?
2) What is the market size, share of the Lawn & Garden Consumables Market?
3) Who are the top market players in Lawn & Garden Consumables Market?
4) What will be the future market of the Lawn & Garden Consumables Market?
Key Offerings:
- Market Size & Forecast by Revenue | 2020−2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors
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Impact Analysis of COVID-19 Pandemic on Businesses: Know Short Term and Long Term Impact
Most of the businesses are facing a growing litany of business-critical concerns related to the coronavirus outbreak, including supply chain disruptions, a risk of a recession, and a potential drop in consumer spending. All these scenarios will play out differently across various regions and industries, making accurate and timely market research more essential than ever.
We at Facts and Factors (http://www.fnfresearch.com) understand how difficult it is for you to plan, strategize, or make business decisions, and as such, we have your back to support you in these uncertain times with our research insights. Our team of consultants, analysts, and experts has developed an analytical model tool for markets that helps us to assess the impact of the virus more effectively on the industrial markets. We are further implementing these insights into our reports for a better understanding of our clients.
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Increased number of residential and commercial developments, and increased activities in converting outdoor spaces into relaxing areas such as lounges, entertainment, outdoor kitchens, and party spots, are expected to fuel the growth of lawn & garden consumables in the upcoming years.
Industry Major Market Players
- Agrium Incorporated
- Holdings Incorporated
- BASF SE
- Spectrum Brands
- Bayer AG
- Simplot (JR) Company
- Central Garden & Pet Company
- Sakata Seed Corporation
- COMPO GmbH & Company KG
- Premier Tech Limited
- DLF Seeds A/S
- Agri Company Limited
- DuluxGroup Limited
- JCAM
- GroupeLimagrain Holding SA
- Israel Chemicals Limited
- Haifa Chemicals Limited
- Scotts Miracle
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The major leading players operating in the market are prominently focusing on joint-venture and acquisition. For Instance, in January 2021, Lawn and Garden Manufacturer CST was purchased by Oldcastle APG, a CRH group. The purchase extends Oldcastle's industrial presence in the upper Midwest. CST is a nationwide lawn and garden equipment manufacturer, specializing in bagged and bulk mulches and soils. In December 2020, Green Garden Products, a leading provider of vegetable, herb, and flower seedboxes, seed starts, and plant nutrients in North America was purchased by Central Garden & Pet, an industry leader in the garden and pet industries.
The demand for lawn & garden consumables is anticipated to be driven by the advancements in lawn equipment technology and green construction initiatives, increasing demand for green solutions in developing countries. To expand their trade reach, companies in the worldwide lawn & garden consumables market are collaborating with regional agencies. Companies are now concentrating on collaborations, introducing new solutions, and enhancing their offerings in order to capture more market share. These are the main factors driving the lawn & garden consumables market in the forecast period from 2020 to 2026. However, the market's growth will be constrained by the environmental and health hazards associated with several products such as fertilizers and pesticides, and the installation of low-maintenance landscaping features. The rising positive scope for the global lawn & garden consumables market from public infrastructure is projected to generate opportunities over the forecast period.
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The lawn & garden consumables market is bifurcated as a product type, application, and region. By product type segment, the market is segmented into fertilizers, pesticides, growing media, seeds, mulch, and others. The fertilizers segment is further divided into nitrogen, phosphate, potash, and micronutrients. By application segment, the market is segmented into residential, commercial, and industrial. By application segment, the market is segmented into herbicides, fungicides, insecticides, and others.
Global Lawn & Garden Consumables Market: Growth Factors
Increasing demand for landscaping products such as water fountains, birdhouses, garden accessories, gazebos, etc. is anticipated to drive the market in the upcoming years. Also, the growing trend of renovation of outdoor spaces in the commercial, residential, as well as industrial sectors are expected to drive the market further. Increasing middle-class population in developing countries such as China and India coupled with the rise in disposable income is anticipated to create lucrative opportunities for the market in the forecast period. Additionally, the current trend of setting up kitchen outdoors is expected to boost the market as during the construction of these kitchens hardscaping products are required in large amounts. However, health hazards and environmental concerns associated with the use of pesticides and fertilizers are expected to hamper market growth.
Global Lawn & Garden Consumables Market: Segmentation
The global lawn & garden consumables market is bifurcated into its product type, application, and regions. Based on the product type, the global market is segregated into growing media, mulch, pesticides, seeds, fertilizer, and others. The fertilizer category is further divided into phosphate, micronutrients, nitrogen, and potash. Based on the application, the market is bifurcated into residential, golf turf, industrial, and commercial.
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In terms of geography, North America represents a higher demand for the lawn & garden consumables market followed b Europe. In North America, the rising popularity of house and garden parties in the area is expected to fuel demand for lawn and gardening products. The United States accounted for more than 80% of total sales in North America. Furthermore, the Asia Pacific region is the most rapidly developing region in the lawn & garden consumables industry. Growing targeted population, rising disposable income and lifestyle, as well as the growing increasing commercial and residential construction industry, is projected to have a substantial effect on market growth. In order to drive the province's demand for lawn & garden consumables, the heavy participation of prominent suppliers of lawn & garden consumables, the investment of private companies in the development and growth of R&D activities are all prepared. In emerging regions such as the Asia Pacific, the demand for lawn & garden consumables is expected to have a positive outlook during the forecast period.
Browse the full “Lawn & Garden Consumables Market By Product Type [Fertilizer (Nitrogen, Phosphate, Potash, Micronutrients), Pesticides, Growing Media, Seeds, Mulch, and Others], and By Application [Commercial, Golf Turf, Industrial, and Residential]: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026” report at https://www.fnfresearch.com/lawn-and-garden-consumables-market
This report segments the lawn & garden consumables market as follows:
Global Lawn & Garden Consumables Market: By Interaction Mode By Product Type:
- Fertilizer
- Nitrogen
- Phosphate
- Potash
- Micronutrients
- Pesticides
- Growing Media
- Seeds
- Mulch
- Others
Global Lawn & Garden Consumables Market: By Application Segmentation Analysis
- Residential
- Commercial
- Golf Turf
- Industrial
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Industry vertical Adopted in the Market
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