Published On : 25 Jan 2019
The demand within the global market for lawn and garden consumables has been rising on account of the need to enhance the aesthetic appeal of public parks, houses, and other open spaces. Garden and lawn consumables include pesticides, seeds, and fertilizers that are used to enhance the growth of plants in open areas. Furthermore, lawn and garden consumables are also used to protect plants from attacks by insects and other microorganisms in the soil. Several new players in the global lawn and garden consumables have emerged in recent times, and this has given an impetus to the growth of the global market. There have been multiple occasions
The global market for lawn and garden consumables has seen the entry of several new vendors in recent times. Apart from toughening competition, this factor has led to the emergence of better and more effective pesticides and fertilisers. Moreover, the investments made by government entities towards the development of aesthetically pleasing public lawns and spaces have also enunciated market demand. It is legit to expect that the demand of the global lawn and garden consumables market would escalate to new heights in the years to come.
This article by QY Research on the global market for lawn and garden consumables considers several factors pertaining to the residential and commercial sectors. This has helped in evaluating the growth prospects of the global market for lawn and garden consumables in recent times. Moreover, the report also builds on key factors relating to the regional markets for lawn and garden consumables.
1. Demand for Lawn Consumables in the Residential Sector
The demand within the market for lawn and garden consumables has been escalating at a skyrocketing pace over the past decade. This boisterous growth rate of the market can be attributed to peoples’ propensity towards harbouring home gardens and lawns. Furthermore, new trends in the constructions industry such as kitchen garden, floor garden, and in-house gardens have also propelled demand within the global market for lawn and garden consumables. It is expected that the need for lawns and gardens in commercial spaces will also propel demand within the global market in the years to come.
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2. North America to Lead other Regional Market
The market for lawn and garden consumables in North America has been expanding at a skyrocketing pace. This owes to the presence of several lush green spaces and gardens across the US and Canada. Moreover, efforts of governments to enhance the aesthetic appeal of public spaces have also created commendable demand across the region. Other key regional markets for lawn and garden consumables are Asia Pacific and the Middle East and Africa.
The key players in the global lawn and garden consumables market are BASF, Barenbrug USA, and Ace hardware.
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