Bolstered by a revival in spending on home improvements, the Lawn and Outdoor Equipment Stores industry experienced a moderate recovery over the five years to 2015. As consumers' confidence in the economy and disposable income improved, households increased their spending on items such as lawn and garden tools. Despite positive signals from a number of economic indicators driving the industry's recovery, operators' growth has been constrained by fierce external competition from home improvement stores such as The Home Depot and Lowe's Companies Inc.
Operators in this industry sell lawn and outdoor power equipment and replacement parts to household consumers, farmers and ranchers, and other professional workers. Products include rotary mowers, rear engine riding mowers, garden tractors and shredders, chainsaws, leaf blowers, brush cutters, hedge trimmers and more. Players in this industry also provide repair services. This industry excludes home improvement stores and e-commerce companies selling lawn and outdoor equipment.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.