Global demand to exceed $18 billion in 2013
Worldwide demand for power lawn and garden equipment is projected to expand nearly three percent annually through 2013 to exceed $18 billion. Despite being presently mired in a recession, the bedrock US market will provide the best opportunities, accounting for slightly over one-half of the additional demand generated between 2008 and 2013. Recovery in US demand will reflect a turnaround in the current housing crisis, as well as continued enthusiasm for gardening by US consumers. US power lawn and garden equipment sales will also benefit from the introduction of improved products, such as cordless electric models.
North America to remain dominant regional market
On a regional basis, North America and Western Europe will continue to be the dominant markets, with nearly 90 percent of demand in 2013. Consumers in these developed nations have high per-capita income levels which allow for discretionary purchases such as power lawn and garden equipment. These areas are also home to the vast majority of the world’s golf courses, which are major consumers of power lawn and garden equipment.
Strongest per annum gains are expected in the developing areas of Asia. However, the region will remain small by global standards, with less than five percent of demand in 2013. Demand throughout much of Asia is limited by low income levels, with most consumers unable to afford power lawn and garden equipment for home use. Low wages also dampen professional demand, since the low cost of labor encourages the use of manual equipment in landscaping applications. Even the prosperous nation of Japan is a relatively small market. Most Japanese do not have yards or gardens of sufficient
size to justify the use of power equipment.
Rising personal expenditures to benefit dominant residential market
The residential market accounted for nearly two-thirds of power lawn and garden equipment sales in 2008. The size of the residential market results from its dominance in developed markets such as that in the US. Gains in this segment will benefit from rising personal expenditure levels. The commercial market is larger in most developing nations, as well as in Japan. Demand in the commercial market will benefit from the rising number of golf courses and professional landscapers. Professional landscapers will find increased demand to service both residential and commercial properties.
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
World Economic Overview
Recent Historical Trends
World Economic Outlook
Personal Income & Expenditure Trends
World Building Construction Expenditure Trends
World Demographic Outlook
Urbanization Patterns
Household Formation Patterns
Lawn & Garden Equipment Pricing Patterns
Legal & Regulatory Issues
Technology & Product Innovation
III. SUPPLY & DEMAND
General
World Power Lawn & Garden Equipment Production
Regional Sales Trends
Products
Lawnmowers
Turf & Grounds Equipment
Trimmers & Edgers
Other
World Power Lawn & Garden Equipment Markets
Residential
Commercial
International Trade Flows
IV. NORTH AMERICA
General
United States
Canada
Mexico
V. WESTERN EUROPE
General
Belgium
France
Germany
Italy
Netherlands
Spain
Sweden
United Kingdom
Other Western Europe
VI. ASIA/PACIFIC
General
Australia
China
India
Indonesia
Japan
New Zealand
South Korea
Other Asia/Pacific
VII. OTHER REGIONS
Latin America
Brazil
Other Latin America
Eastern Europe
Hungary
Poland
Russia
Other Eastern Europe
Africa/Mideast
VIII. INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Product Development
Manufacturing
Engine Production
Marketing
Distribution
Financial Requirements
Mergers, Acquisitions & Industry Restructuring
Cooperative Agreements
Company Profiles
Alamo Group Incorporated
Ariens Company
B&Q, see Kingfisher
Bad Boy Incorporated
Belos AB, see GGP Sweden
Black & Decker Corporation
Blount International Incorporated
Bluebird International, see Husqvarna
Bomford, see Alamo Group
Bosch (Robert) GmbH
Briggs & Stratton Corporation
Bush Hog LLC
China Changchun CHANLIN Group Company Limited
Cifarelli SpA
Country Home Products Incorporated
Dana Holding Corporation
Deere & Company
Dixon Industries, see Husqvarna
Draper Tools Limited
Eastman Industries
Echo Incorporated, see Mitsui & Company
EMAK Group
Excel Industries Incorporated
Exmark Manufacturing Company Incorporated, see Toro
Faucheux SAS, see Alamo Group
Fuji Heavy Industries Limited
Gardena AG, see Husqvarna
GGP Sweden AB
Grasshopper Mower Incorporated, see Moridge
Greenman Machinery Company
GWA International Limited
Hayter Limited, see Toro
Henke Manufacturing Corporation, see Alamo Group
Herschel-Adams Corporation, see Alamo Group
Hoffco Comet Industries Incorporated
Homelite Consumer Products Incorporated, see Techtronic
Honda Motor Company Limited
Husqvarna AB
Ingersoll Tractor Company, see Eastman
Jacobsen, see Textron
Jenn Feng New Energy Company Limited
Jiangsu Linhai Group
Jonsered, see Husqvarna
Kawasaki Heavy Industries Limited
Kee Mowers Incorporated, see Hoffco Comet
Kingfisher plc
Kioritz Corporation, see Mitsui & Company
Klippo AB, see Husqvarna
Koctas Yapi Marketieri Ticaret As, see Kingfisher
Kohler Company
Kubota Corporation
Lawn-Boy Incorporated, see Toro
Liaocheng Changchi Gardening & Horticulture
Machinery Company Limited
M&W Gear, see Alamo Group
Makita Corporation
Marunaka Limited
Maruyama Manufacturing Company Incorporated
Masport NZ Limited
McConnel Limited, see Alamo Group
McLane Manufacturing Incorporated
Metalcraft of Mayville Incorporated
Mitsui & Company Limited
Moridge Manufacturing Incorporated
MTD Products Incorporated
Oregon Cutting Systems Group, see Blount
Ransoms Jacobsen Limited, see Textron
Redmax, see Husqvarna
Rhino, see Alamo Group
Robin America Incorporated, see Fuji Heavy Industries
Rousseau, see Alamo Group
Rover Mowers Limited, see GWA International
Scag Power Equipment, see Metalcraft of Mayville
Sears Holdings Corporation
Schulte Industries Limited, see Alamo Group
Shandong Huasheng Zhongtian Machinery Group Company Limited327
Shenyang Hejin Holding Investment Company Limited
SMA, see Alamo Group
Spearhead Machinery Limited, see Alamo Group
Stens Corporation, see Ariens
STIHL Holding AG & Company KG
Techtronic Industries Company Limited
Tecumseh Products Company
Textron Incorporated
Tiger Corporation, see Alamo Group
Toro Company
Twose of Tiverton Limited, see Alamo Group
WOLF-Garten GmbH & Company KG
Yangzhou Weibang Garden Machine Company Limited
Yazoo/Kees Power Equipment, see Husqvarna
Zhejiang Kangli Industrial & Trading Company Limited
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region
2 World per Capita GDP by Region
3 World Building Construction Expenditures by Region
4 World Population by Region
5 World Urban Population by Region
6 Number of Households by Region
7 Power Lawn & Garden Equipment Pricing
SECTION III -- SUPPLY & DEMAND
1 World Power Lawn & Garden Equipment Shipments by Region
2 Power Lawn & Garden Equipment Demand by Region
3 Power Lawn & Garden Equipment Demand by Type
4 World Lawnmower Demand by Region
5 World Turf & Grounds Equipment Demand by Region
6 World Trimmer & Edger Demand by Region
7 World Other Power Lawn & Garden Equipment Demand by Region
8 World Power Lawn & Garden Equipment Demand by Market
9 Residential Power Lawn & Garden Equipment Demand by Region
10 Commercial Power Lawn & Garden Equipment Demand by Region
11 World Power Lawn & Garden Equipment Net Exports
SECTION IV -- NORTH AMERICA
1 North America Power Lawn & Garden Equipment Supply & Demand
2 North America Power Lawn & Garden Equipment Demand by Type & Market
3 United States Power Lawn & Garden Equipment Supply & Demand
4 United States Power Lawn & Garden Equipment Demand by Type & Market
5 Canada Power Lawn & Garden Equipment Supply & Demand
6 Canada Power Lawn & Garden Equipment Demand by Type & Market
7 Mexico Power Lawn & Garden Equipment Supply & Demand
8 Mexico Power Lawn & Garden Equipment Demand by Type & Market
SECTION V -- WESTERN EUROPE
1 Western Europe Power Lawn & Garden Equipment Supply & Demand
2 Western Europe Power Lawn & Garden Equipment Demand
by Type & Market
3 Belgium Power Lawn & Garden Equipment Supply & Demand
4 Belgium Power Lawn & Garden Equipment Demand by
Type & Market
5 France Power Lawn & Garden Equipment Supply & Demand
6 France Power Lawn & Garden Equipment Demand by Type
& Market
7 Germany Power Lawn & Garden Equipment Supply & Demand
8 Germany Power Lawn & Garden Equipment Demand by Type
& Market
9 Italy Power Lawn & Garden Equipment Supply & Demand
10 Italy Power Lawn & Garden Equipment Demand by Type
& Market
11 Netherlands Power Lawn & Garden Equipment Supply
& Demand
12 Netherlands Power Lawn & Garden Equipment Demand by
Type & Market
13 Spain Power Lawn & Garden Equipment Supply & Demand
14 Spain Power Lawn & Garden Equipment Demand by Type
& Market
15 Sweden Power Lawn & Garden Equipment Supply & Demand
16 Sweden Power Lawn & Garden Equipment Demand by Type & Market
17 United Kingdom Power Lawn & Garden Equipment Supply & Demand
18 United Kingdom Power Lawn & Garden Equipment Demand by Type & Market
19 Other Western Europe Power Lawn & Garden Equipment Supply & Demand
20 Other Western Europe Power Lawn & Garden Equipment Demand by Type & Market
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific Power Lawn & Garden Equipment Supply
& Demand
2 Asia/Pacific Power Lawn & Garden Equipment Demand by
Type & Market
3 Australia Power Lawn & Garden Equipment Supply & Demand
4 Australia Power Lawn & Garden Equipment Demand by
Type & Market
5 China Power Lawn & Garden Equipment Supply & Demand
6 China Power Lawn & Garden Equipment Demand by Type & Market
7 India Power Lawn & Garden Equipment Supply & Demand
8 India Power Lawn & Garden Equipment Demand by Type & Market
9 Indonesia Power Lawn & Garden Equipment Supply & Demand
10 Indonesia Power Lawn & Garden Equipment Demand by Type & Market
11 Japan Power Lawn & Garden Equipment Supply & Demand
12 Japan Power Lawn & Garden Equipment Demand by Type & Market
13 New Zealand Power Lawn & Garden Equipment Supply & Demand
14 New Zealand Power Lawn & Garden Equipment Demand by Type & Market
15 South Korea Power Lawn & Garden Equipment Supply
& Demand
16 South Korea Power Lawn & Garden Equipment Demand by
Type & Market
17 Other Asia/Pacific Power Lawn & Garden Equipment
Supply & Demand
18 Other Asia/Pacific Power Lawn & Garden Equipment Demand by Type & Market
SECTION VII -- OTHER REGIONS
1 Latin America Power Lawn & Garden Equipment Supply
& Demand
2 Latin America Power Lawn & Garden Equipment Demand
by Type & Market
3 Brazil Power Lawn & Garden Equipment Supply & Demand
4 Brazil Power Lawn & Garden Equipment Demand by
Type & Market
5 Other Latin America Power Lawn & Garden Equipment
Supply & Demand
6 Other Latin America Power Lawn & Garden Equipment
Demand by Type & Market
7 Eastern Europe Power Lawn & Garden Equipment Supply
& Demand
8 Eastern Europe Power Lawn & Garden Equipment Demand
by Type & Market
9 Hungary Power Lawn & Garden Equipment Supply & Demand
10 Hungary Power Lawn & Garden Equipment Demand by
Type & Market
11 Poland Power Lawn & Garden Equipment Supply & Demand
12 Poland Power Lawn & Garden Equipment Demand by
Type & Market
13 Russia Power Lawn & Garden Equipment Supply & Demand
14 Russia Power Lawn & Garden Equipment Demand by Type & Market
15 Other Eastern Europe Power Lawn & Garden Equipment Supply & Demand
16 Other Eastern Europe Power Lawn & Garden Equipment Demand by Type & Market
17 Africa/Mideast Power Lawn & Garden Equipment Supply & Demand
18 Africa/Mideast Power Lawn & Garden Equipment Demand by Type & Market
SECTION VIII -- INDUSTRY STRUCTURE
1 Power Lawn & Garden Equipment Sales by Company, 2008
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 Relationship Between Power Lawn & Garden Equipment Demand Per Capita & GDP Per Capita, 2008
SECTION III -- SUPPLY & DEMAND
1 World Power Lawn & Garden Equipment Shipments by Region, 2008
2 World Power Lawn & Garden Equipment Share of Production Increase by Region, 2008-2013
3 World Power Lawn & Garden Equipment Demand by Region, 2008
SECTION VIII -- INDUSTRY STRUCTURE
1 World Power Lawn & Garden Equipment Demand by Market Share, 2008