What is Global Lawn and Garden Equipment Aftermarket Parts Market?
The Global Lawn and Garden Equipment Aftermarket Parts Market is a vast and dynamic sector that deals with the supply of spare parts and accessories for various lawn and garden equipment. This market is not limited to a specific region but spans across the globe, catering to the needs of both individual and commercial consumers. The aftermarket parts market is crucial as it provides necessary components for the maintenance and repair of lawn and garden equipment, ensuring their longevity and optimal performance. The market includes parts for a wide range of equipment such as lawn mowers, snow throwers, trimmers, edgers, and more. The value of this market was estimated at US$ 1256 million in 2023 and is projected to reach US$ 1872.4 million by 2030, indicating a steady growth.
Lawn Mowers, Snow Throwers, Trimmers and Edgers, Others in the Global Lawn and Garden Equipment Aftermarket Parts Market:
The Global Lawn and Garden Equipment Aftermarket Parts Market encompasses a variety of equipment including Lawn Mowers, Snow Throwers, Trimmers and Edgers, among others. Lawn Mowers are the largest segment in this market, accounting for over 48% of the total share. These machines are essential for maintaining lawns and gardens, and their aftermarket parts market ensures that these machines can be serviced and repaired efficiently. Snow Throwers are another significant segment, especially in regions with heavy snowfall. Trimmers and Edgers are vital for the upkeep of gardens, helping in maintaining clean edges and trimming overgrown plants. The aftermarket parts for these machines are readily available in the market, making their maintenance hassle-free.
Residential, Commercial, Municipal in the Global Lawn and Garden Equipment Aftermarket Parts Market:
The Global Lawn and Garden Equipment Aftermarket Parts Market finds its application in various areas including Residential, Commercial, and Municipal sectors. In the residential sector, these parts are used for the upkeep of personal lawns and gardens. The commercial sector includes businesses like landscaping services, golf courses, and other commercial properties with extensive green spaces. The municipal usage includes maintenance of public parks, roadside green spaces, and other community areas. The availability of aftermarket parts ensures that the equipment used in these sectors can be efficiently maintained and repaired, ensuring their longevity and optimal performance.
Global Lawn and Garden Equipment Aftermarket Parts Market Outlook:
Looking at the market outlook, the Global Lawn and Garden Equipment Aftermarket Parts Market has shown promising growth. In 2023, the market was valued at US$ 1256 million and it is expected to reach US$ 1872.4 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers who hold about 48% of the market share. The largest product segment in this market is Lawn Mowers, which holds over 48% of the market share.
| Report Metric | Details |
| Report Name | Lawn and Garden Equipment Aftermarket Parts Market |
| Accounted market size in 2023 | US$ 1256 million |
| Forecasted market size in 2030 | US$ 1872.4 million |
| CAGR | 5.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Deere Company, Briggs Stratton, MTD Products, Rotary Corporation's parts, Stens, Toro, Husqvarna, STIHL, STIGA Group, Honda, Vollrath, Retlaw Industries, R&R Products, Tom Hassenfritz Equipment, Oregon Power Products |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
