Prepared by YipitData, 2024 Strategic Partner of HIRI. Learn more about HIRI’s Strategic Partners.
Despite market concerns about inflation and looming tariffs, Lawn & Garden sales in the US have shown resilience, growing 7% in the trailing 12 months — driven largely by the strength of the Lawn Mower segment. Zero-Turn mowers, in particular, continue to see strong demand, positioning them as the primary growth engine for the category. This momentum presents a valuable opportunity for retailers and brands to capitalize on an expanding market within an evolving landscape.
In 2024, lawn mowers* account for 8% of the Lawn & Garden category, with an impressive 15% sales growth year-over-year – outperforming other lawn power equipment subcategories, like hedge trimmers, string trimmers, and leaf blowers. As homeowners increasingly prioritize lawn care, these products have become essential for maintaining outdoor spaces.
Within the lawn mower segment, Zero-Turn mowers are the real standout. Zero-turn mowers account for 28% percent of the lawn mower category, with its 2024 share of the category growing 2 pp YoY and sales growing 21%. This growth reflects a broader trend toward higher-performance, professional-grade equipment that delivers superior maneuverability and speed for homeowners. This means more opportunity than ever before for brands and retailers to tap into this growing demand for efficiency and performance.
The stand-out story of 2024, however, is Toro’s remarkable growth in the Zero-Turn market. Following the launch of their strategic partnership with Lowe’s in Spring 2024, Toro has increased its market share in Zero-Turn mowers from just 9% in 2023 to a staggering 25% in 2024. This rise comes at the expense of other established brands like Ariens, Bad Boy Mowers, and John Deere. Toro’s success is not just a coincidence — it’s supported by an astounding 220% GMV growth in the category, reversing a previous decline.
Toro’s success extends beyond driving sales at Lowe’s — it’s also attracting new customers to the lawn mower category. About 6% of Toro buyers at Lowe’s are new to the Lawn & Garden category, highlighting how the brand is driving fresh interest in outdoor equipment at the retailer. Before Toro was available at Lowe’s, many customers were purchasing Toro products at competitors like Home Depot and Tractor Supply. By bringing in this key brand, Lowe’s is now able to capture more of that previously “leaked” spend, creating a mutually beneficial partnership for both parties.
The growth of the Lawn & Garden category and Toro’s performance at Lowe’s highlight key takeaways for retailers and brands: strategic partnerships, the right product portfolio and targeting key consumer segments are essential for success. With Zero-Turn mowers driving growth, meeting demand for high-performance products is crucial to capturing market share. Toro’s success proves that a strong brand presence and understanding consumer behavior can yield impressive results. For brands and retailers, the opportunity is clear — capitalize on the rising demand in the Zero-Turn mower segment to stay ahead in this growing market.
Interested in learning additional ways to use data to inform your brand strategy in an evolving retail landscape? Join our upcoming webinar, where analysts from YipitData will cover market trends such as consumer downtrading and brand loyalty within the Lawn Power Equipment space. Register for YipitData’s Webinar held on April 2nd, 10 AM EST.
With over 205 million home improvement data points annually, YipitData offers the most accurate and granular insights into Lawn & Garden and other home improvement sectors. By combining multiple data sources with predictive modeling, YipitData delivers actionable intelligence with minimal lag, enabling brands and retailers to make informed, data-driven decisions.
HIRI members have exclusive access to ~$1M of annual research, which covers Channel, Product, Project, and Market Size activity for both Homeowners/DIYers and Contractors. HIRI is the best source of secondary home improvement information. To leverage HIRI data ensures your organization has a strong, foundational comprehension of the industry and dynamics impacting it.