At a CAGR of 5.4%, the global lawn mower market size and share will exceed US$46.1 billion by 2030, according to CMI forecast report


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Lawn Mower Market was 28.7 Billion US$ in 2021 and is projected to reach approximately 46.1 Billion US$ by 2030, growing at a CAGR of 5.4% from 2022-2030.

SANDY, UTAH, USA, Aug. 29, 2022 /EINPresswire.com/ — According to the study published by Custom Market Insights, the global lawn mower market was estimated at USD 28.7 billion in 2021 and is expected to reach around 46 USD .1 billion by 2030, growing at a CAGR of around 5.4% between 2022 and 2030.

Lawn Mower Market: Overview

Lawn mower blades can be manually operated or have a self-contained power source such as an electric motor or internal combustion engine. Lawn mowers come with a wide range of cutting height adjustments that allow the operator to achieve the desired grass height. Robotic lawn mowers are widely used due to their convenience and ease of use.

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Lawn Mower Market: Growth Drivers

The growth rate of the market will be considerably modest given the increased consumer interest in home gardening activities. Additionally, the uncertain economic conditions of families which have led to a temporary decline in consumer spending, which has a steady impact on the demand for lawn mowers in 2020 amid the COVID pandemic. However, with work from home, consumers have time to indulge in activities such as gardening, nursing, backyard lawn and others are paving the way for the growth of the mower market lawn.

In addition, the prevalence of dual-income households has also increased the purchasing power of consumers and the demand for lawn care activities is gradually increasing, which is driving the growth of the lawn mower market.

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Key ideas:

A) According to the analysis shared by our research analyst, the lawn mower market is expected to grow annually at a CAGR of approximately 5.4% over the forecast period (2022-2030).
B) In terms of revenue, Lawn Mower Market size was valued at around USD 28.7 Billion in 2021 and is projected to reach around USD 46.1 Billion by 2030, growing at a CAGR of 5.4% until in 2030. Due to a variety of driving factors, the market is expected to grow at a significant rate.
C) Many countries such as Dubai, India, USA, Saudi Arabia and others have strict standards and regulations on the use of automated and electronic lawn mowers, which has hampered the lawn mower market growth.
D) Emerging technologies like AI (artificial intelligence) and adoption of GPS system in automated robots have driven the demand in the lawn mower market. These factors propel the growth of the market.
E) North America and Europe Region providing rental services of various lawn mowers including automated, electronic and other robotic lawn mowers for lawn care.

Lawn Mower Market Press Release: https://www.custommarketinsights.com/press-releases/global-lawn-garden-consumable-market/

Regional landscape

North America dominated the lawn mower market in 2021 and is expected to be the dominant region in 2022-2031. Due to an increase in demand for robotic lawn mowers in densely populated countries such as the United States, Mexico, Canada and others. Additionally, the increase in lawn care expenditures by the residential and commercial sectors has boosted the growth of the market.

The availability of open spaces in the backyard of homes in the North American region and the growing need for backyard improvement and modification for multiple uses are likely to drive the growth of the market. Additionally, with increasingly busy lifestyles, people find it difficult to keep their lawns clean and growing consumer demand for convenient automated machines is being manufactured.

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Key players

Andreas Stihl AG & Co. KG
Ariens Company
Briggs Stratton
Deere & Company
Falcon garden tools
Fiskars
Honda Motor Co., Ltd.
Husqvarna Group
Koki Holdings Co.
BAT products
Robert Bosch GmbH
Robomow Friendly Home
Stanley Black & Decker Inc.
Stiga SpA
The Toro Company

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Lawn Mower Market is segmented as follows:

By type

Riding mower
push mower
Robot Lawn Mower

By fuel type

Electronic
Not electronic

By end use

Residential
Non-residential

By geography

North America

United States
Canada
Mexico
Europe
Great Britain
Germany
France
Italy
Russia
The rest of Europe

Asia Pacific

China
India
Japan
South Korea
Malaysia
Philippines
Rest of Asia-Pacific

Latin America

Brazil
Rest of Latin America
Middle East and Africa
GCC
North Africa
South Africa
Rest of the Middle East and Africa

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Global Portable Generator Market 2022-2030: https://www.custommarketinsights.com/report/portable-generator-market/
Global Pet Supplements Market 2022-2030: https://www.custommarketinsights.com/report/pet-supplements-market/

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Custom Market Insights is a market research and consulting firm that provides business insights and market research reports to large, small and medium-sized businesses. We help our clients with business strategies and policies and regularly work towards achieving sustainable growth in their respective fields.

Custom Market Insights provides a one-stop solution for data collection and investment advice. Our expert company analysis elicits essential factors that help in understanding the importance and impact of market dynamics. The professional experts apply the clients inside on aspects like fall strategies of future estimates, forecasts or growth opportunities and consumer surveys.

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