The Garden Market in the United States Continues to Strengthen as the Sale of Garden Power Tools is Expected to Reach $9.7 Billion in 2005
Research and Markets (http://www.researchandmarkets.com/reports/c26591) has announced the addition of Lawn and Garden in the United States to their offering.
Sales of
power garden tools are projected to reach $9.7 billion in 2005 a 3.1% increase from sales of $9.4 billion in 2004, propelled by strong home sales, product innovation and aggressive expansion by home improvement retailers.
In this report, we clearly identifies the principal external factors driving or curtailing growth in the market for
power garden tools. As products used for maintenance of outdoor home vegetation - lawns, gardens, trees and hedges - sales of
power garden tools are linked to broader economic factors that drive sales in home improvement and outdoor living markets. These wider economic factors driving growth include economic prosperity, home sales, and home ownership. Other cultural trends, such as the popularity of gardening as a hobby and wider interest in fresh, organic foods have also compelled some consumers to expand their own garden areas, thus using a wider variety of power tools.
Exclusive consumer research reveals the attitudes, needs and behavior of
power garden tool consumers, with analysis broken down by demographic characteristics. Six years of specific sales data provides a factual and impartial presentation of the market as a whole. We also evaluate the performance of individual sectors in the market, divided into consumer lawn and garden (walk-behind and riding mowers; wheeled and handheld garden tools) and commercial turf and grounds care (heavy duty riding and walk-behind mowers, golf course maintenance tools) also provided is details of major companies and brands in the
power garden tools market.
Used is the SPSS forecasting package to create a five-year forecast of U.S. retail sales in the
power garden tools market, revealing potential opportunities for growth and product development. Growth in 2000-2005 has been varied for different players, due to considerable consolidation in the supply structure and retail market. While the largest home centers have shown strong growth in market share, this has largely been at the expense of smaller retailers such as hardware stores and some specialized dealers.
Included in this report are power-operated garden and lawn tools and equipment, also known in the industry as outdoor power equipment. These include:
mowers
riding mowers
yard/garden tractors
tillers
snow blowers
trimmers
chainsaws and
leaf blowers
This equipment may be powered by gasoline engines or by electricity, for which both corded and cordless models are available.
Excluded are all other gardening products, such as growing stock (plants, bulbs, etc.), garden chemicals and growing media (such as compost, fertilizer, etc.), and non-powered hand tools and irrigation equipment.
For more information visit http://www.researchandmarkets.com/reports/c26591
Laura Wood
Senior Manager
Research and Markets
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The Garden Market in the United States Continues to Strengthen as the Sale of Garden Power Tools is Expected to Reach $9.7 Billion in 2005