Increased gardening activities boost lawn mower market growth

The lawn mowers market size is estimated to grow by US$9,797.43 million from 2022 to 2027, says a report from Technavio. The market is estimated to grow at a compound annual growth rate (CAGR) of 7.03% during the forecast period.  

The residential segment is estimated to witness significant growth during the forecast period. The rise in demand for gardens and lawns is notably driving the market growth. The primary factor propelling the growth of the lawn mowers market is the escalating demand for garden and lawn care equipment. With a remarkable surge in consumer interest in gardening pursuits like lawn maintenance, backyard enhancement, and outdoor gatherings, the past decade has witnessed a notable increase. The growing popularity of sports such as lawn tennis, croquet, cricket, football, hockey, and rugby is also playing a significant role in driving the market's expansion throughout the forecast period. The upswing in living standards and heightened enthusiasm for gardening as a hobby are poised to drive increased demand for lawn mowers in the forecast period. The increasing awareness regarding the benefits of green roofs, including flood management, energy efficiency, and carbon sequestration, has also contributed to the market's growth. The endorsement of lawn mowers has been propelled by the advantages of green roofs, fostering heightened demand for these machines during the forecast period. 

North America is estimated to contribute 33% to the growth of the global market during the forecast period. It stands out as the primary consumer market for lawn mowers, with the region poised to witness an upsurge in demand driven by technological advancements. This growth trajectory is further fueled by increased replacement costs due to digitization, automation, and machinery optimization.