WASHINGTON and NEW YORK and LONDON, April 12, 2016 /PRNewswire-USNewswire/ -- As a leading distributor of market research, MarketResearch.com is pleased to offer insights into the lawn and garden industry.
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Total retail sales of the lawn and garden equipment market reached $10.2 billion in 2014. Continued economic challenges have made market recovery uneven, but weather has played a strong factor in sales year-to-year.
The three main categories that carry this market include outdoor power equipment, tools and implements, and watering/spraying equipment. Outdoor power equipment accounted for 68% or $7 billion in 2014; sales of tools and implements were $1.7 billion or 16% of the total; and, watering/spraying equipment accounted for over 15% of the total, with sales of approximately $1.6 billion.
In the past decade, the lawn and garden supplies market also suffered from economic instability, with sales peaking in 2005. Since then, the market has declined and struggled to recover. Packaged Facts estimates total retail sales of the lawn and garden supplies market at $5.7 billion in 2014.
Growth media, consisting of spoils, soil amendments, and mulch, accounted for an estimated 35% or $2 billion of lawn and garden supplies retail dollar sales in 2014. Sales of pesticides including weed killers, insect control products, and fungicides were $1.8 billion or 32% of the total. Fertilizers consisting of lawn and plant foods accounted for 24% of the total, with sales of about $1.3 billion. Grass seed accounted for an estimated 9% of total sales or $500 million.
Information for this infographic is provided by Packaged Facts' reports:
- Lawn and Garden Equipment in the U.S., 11th Edition, http://www.marketresearch.com/Packaged-Facts-v768/Lawn-Garden-Equipment-11th-Edition-9005746/?progid=88573
- Lawn and Garden Supplies in the U.S., 10th Edition, http://www.marketresearch.com/Packaged-Facts-v768/Lawn-Garden-Supplies-Edition-9212531/?progid=88573
Both of these Packaged Facts' reports are also available on www.profound.com, where subscribers are able to purchase the individual sections, chapters, tables, or charts of a report they need without having to pay for the pieces they don't.
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SOURCE MarketResearch.com
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