Lawn Mowers Market Size & Share, By Product (Manual, Electric, Petrol, Robotic), End Use (Residential, Commercial/Government), Regional Forecast, Industry Players, Growth Statistics Report 2023-2030

Market Outlook:

Lawn Mowers Market size surpassed USD 29.62 Billion in 2022 and is poised to reach USD 53.44 Billion, growing at over 6.9% CAGR between 2023 and 2030. With the rising trend of well-maintained outdoor spaces, the demand for lawn mowers has soared, leading to a flourishing market. The market valuation of the lawn mowers segment is projected to increase substantially, driven by various growth drivers and opportunities, while also facing industry restraints and challenges.

• Base Year Value (2022): USD 29.62 Billion
• CAGR (2023-2030): 6.9%
• Forecast Year Value (2030): USD 53.44 Billion
• Historical Data Period: 2018-2021
• Largest Region: North America
• Forecast Period: 2023-2030

Market Dynamics:

Growth Drivers & Opportunities:

1. Increasing Focus on Landscaping: The growing importance of aesthetically pleasing outdoor spaces and landscaping has propelled the demand for lawn mowers. Homeowners, commercial establishments, and municipalities are increasingly investing in lawn care equipment to maintain pristine lawns and gardens.

2. Urbanization and Green Spaces: As urban areas expand, there is a rising need to create green spaces. The development of public parks, gardens, and recreational areas has further stimulated the demand for lawn mowers.

3. Technological Advancements: Continuous technological innovations in lawn mower designs, such as autonomous models, robotic mowers, and electric-powered options, have revolutionized the market. These advancements offer improved convenience, efficiency, and eco-friendly alternatives, attracting a wider customer base.

 

Industry Restraints & Challenges:

Report Scope

Report Coverage	Details
Segments Covered	Product, End-Use, Region
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	American Honda Motor Co., Ariens Company, Briggs Stratton, Deere & Company, Deere & Company, Falcon Garden Tools, Fiskars, Husqvarna Group, MTD Products, Robert Bosch GmbH, Robomow Friendly House, The Toro Company

1. High Initial Costs: The initial investment for purchasing lawn mowers, especially advanced and high-end models, can be quite significant. This cost can prove to be a hindrance for budget-conscious customers, limiting market penetration.

2. Environmental Concerns: Traditional gas-powered lawn mowers contribute to air and noise pollution. As environmental awareness increases, there is a growing demand for eco-friendly alternatives. However, electric-powered models may have limited run-time or struggle with larger lawns, creating a challenge in catering to diverse customer needs.

3. Seasonal Demand: The demand for lawn mowers is often driven by seasonal factors, with peak sales observed during spring and summer months. This seasonality can pose challenges for manufacturers in terms of maintaining consistent revenue streams throughout the year.

Despite these challenges, the lawn mowers market is expected to continue its growth trajectory due to the rising demand for landscaping, green spaces, and technological advancements. Manufacturers and industry players are enhancing product offerings to cater to diverse customer requirements, carving out a niche for themselves in the competitive market. Moreover, the increasing environmental consciousness and government initiatives promoting eco-friendly lawn care practices are propelling the shift towards sustainable and efficient lawn mowing solutions.

Regional Forecast:

North America:

The lawn mowers market in North America is expected to witness steady growth during the forecast period. This can be attributed to the increasing focus on enhancing outdoor spaces, particularly in residential areas. Rising disposable incomes and a greater inclination towards manicured lawns are driving the demand for lawn mowers in this region. Additionally, the presence of well-established lawn care companies and manufacturers in North America further fuels the market growth.

Asia Pacific:

The Asia Pacific lawn mowers market is projected to have a substantial growth rate in the coming years. The growing urbanization and rising middle-class population in countries like China and India are the key factors boosting the demand for lawn mowers in this region. Additionally, the increasing trend of aesthetics and landscaping in commercial spaces such as hotels, resorts, and golf courses further drives the market growth. The availability of cost-effective lawn mowers and the presence of several local manufacturers also contribute to the market expansion in this region.

Europe:

The lawn mowers market in Europe is expected to witness significant growth, driven by factors such as high disposable incomes, favorable government regulations promoting green spaces, and increased consumer awareness regarding environmental sustainability. The demand for robotic lawn mowers is particularly prominent in this region due to the convenience and time-saving benefits they offer. Additionally, the inclination towards landscaped gardens and recreational spaces further boosts the market growth in Europe.

Segmentation Analysis:

Segment 1: Gas-powered Lawn Mowers

Gas-powered lawn mowers are a popular choice among consumers due to their high power output and efficient cutting capabilities. They are suitable for large lawns or commercial spaces that require extensive cutting. These mowers are equipped with powerful engines that run on gasoline, providing an adequate amount of torque and enabling them to handle tough terrains. Gas-powered lawn mowers are known for their durability and ability to handle various grass types, making them highly versatile and reliable for heavy-duty applications.

Segment 2: Electric Lawn Mowers

Electric lawn mowers, powered either by corded electricity or rechargeable batteries, have gained immense popularity in recent years due to their environmentally friendly nature and noise reduction. One sub-segment, cordless electric mowers, has witnessed significant growth. These mowers offer the advantage of freedom of movement as they do not have any cords limiting their range. With advancements in battery technology, cordless electric mowers are now able to provide sufficient power and runtime for medium-sized lawns.

Segment 3: Robotic Lawn Mowers

Robotic lawn mowers have emerged as an innovative solution for homeowners seeking convenience and automation in lawn maintenance. These mowers operate autonomously, using sensors and programming to navigate and mow lawns without human intervention. By constantly adapting to the lawn's growth patterns, robotic mowers ensure a consistently well-manicured lawn. They are particularly suited for smaller to medium-sized lawns and are gaining popularity due to their ability to save time and provide hassle-free lawn maintenance.

Competitive Landscape:

The lawn mowers market is highly competitive, with several prominent players competing for market share. Some key players in the market include:

1. Husqvarna Group

2. The Toro Company

3. MTD Products Inc.

4. Briggs & Stratton Corporation

5. Honda Power Equipment

6. Deere & Company

7. Robert Bosch GmbH

8. Stihl Holding AG & Co. KG

9. EGO Power+

10. Cub Cadet

These companies are actively involved in product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position and expand their product portfolios. Additionally, they focus on enhancing customer satisfaction by providing reliable and efficient lawn mowing solutions.