The market for lawn and garden supplies, nursery stock and soil treatments are expected to recover back to steady growth over the next few years. Consumer spending for nursery stock and soil treatments is projected to grow to $26 billion in 2027. The consumer segment for lawn and garden equipment is projected to grow to $42.3 billion in 2027.
For the professional side of the market, the dip in spending in 2023 for nursery stock and soil treatments is far less pronounced, and there should be a quick recovery in 2024, followed by growth through 2027. Lawn and garden professionals are anticipated to spend approximately $7.64 billion by 2027. The lawn and garden equipment and supplies segment for professionals is also forecasted to experience steady growth from 2023 to 2027, up to $6.6 billion.
Here's more of what we know:
The market for lawn and garden supplies, nursery stock and soil treatments are expected to recover back to steady growth over the next few years. Consumer spending for nursery stock and soil treatments is projected to grow to $26 billion in 2027. The consumer segment for lawn and garden equipment is projected to grow to $42.3 billion in 2027.
For the professional side of the market, the dip in spending in 2023 for nursery stock and soil treatments is far less pronounced, and there should be a quick recovery in 2024, followed by growth through 2027. Lawn and garden professionals are anticipated to spend approximately $7.64 billion by 2027. The lawn and garden equipment and supplies segment for professionals is also forecasted to experience steady growth from 2023 to 2027, up to $6.6 billion.
Here’s more of what we know:
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