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LAWN AND GARDEN EQUIPMENT AFTERMARKET PARTS MARKET REPORT OVERVIEW
The global lawn and garden equipment aftermarket parts market size was USD 1195 million in 2020 and the market is projected to touch USD 2339.24 million by 2032, exhibiting a CAGR of 5.8% during the forecast period.
The aftermarket for lawn and garden equipment parts offers a broad selection of replacement components and accessories tailored to improve, fix, or personalize different kinds of outdoor machinery. These aftermarket parts serve a variety of equipment including lawnmowers, chainsaws, trimmers, leaf blowers, tillers, and similar devices.
In the aftermarket, you can find a range of crucial components like chains, bars, sprockets, air filters, spark plugs, and fuel lines necessary for maintaining chainsaw functionality. Similarly, aftermarket trimmer parts encompass trimmer line, spools, cutting blades, spark plugs, throttle cables, handles, and additional accessories essential for trimming and edging operations.
COVID-19 Impact: Increased Demand for DIY Projects among Population to Fuel Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
Due to lockdowns and restrictions forcing people to spend more time at home, there has been an uptick in do-it-yourself (DIY) projects, including maintenance of lawn and garden equipment. Consequently, there has been an increased need for aftermarket parts as homeowners opt to handle the repair and upkeep of their equipment independently.
The global supply chain disruptions caused by the pandemic have caused delays in both the production and distribution of aftermarket parts. Consequently, there have been shortages and extended lead times for specific components, impacting consumers' ability to access these parts.
LATEST TRENDS
"Sustainability, Smart Technology Integration to Drive Market Growth"
The demand for aftermarket parts crafted from environmentally friendly materials like recycled plastics, biodegradable polymers, and sustainable metals is on the rise. Manufacturers are dedicating more resources to research and development aimed at producing parts that decrease dependence on new materials and lessen environmental impact. Consumers are actively seeking aftermarket components that enhance the energy efficiency of their lawn and garden equipment. This encompasses features such as high-efficiency motors, energy-saving LED lights tailored for outdoor use, and eco-mode settings designed to optimize fuel consumption. Like many other sectors, the lawn and garden equipment industry is witnessing a rise in the incorporation of smart technology. Aftermarket parts facilitating connectivity, remote monitoring, and automation are gaining traction among consumers.
LAWN AND GARDEN EQUIPMENT AFTERMARKET PARTS MARKET SEGMENTATION
By Type
Based on type the global lawn and garden equipment aftermarket parts market can be categorized into Lawn Mowers, Snow Throwers, Trimmers & Edgers, and Others.
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Lawn Mowers: Lawn mowers play a vital role in grass maintenance and achieving a finely groomed lawn. Aftermarket components such as blades, belts, filters, spark plugs, and tires are indispensable for maximizing performance and durability. These aftermarket parts are designed to meet the maintenance needs of different types of lawn mowers, ranging from push mowers and riding mowers to zero-turn mowers.
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Snow Throwers: Snow throwers, commonly referred to as snow blowers, serve the purpose of clearing snow from driveways, sidewalks, and other outdoor spaces during the winter months. Aftermarket components for snow throwers comprise auger blades, belts, shear pins, impeller kits, and chute controls, all of which play a critical role in ensuring effective snow removal and enhancing the durability of the machine.
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Trimmers & Edgers: Trimmers and edgers serve the purpose of sculpting and delineating the boundaries of lawns, flower beds, and pathways. Aftermarket components for trimmers and edgers consist of trimmer line, cutting blades, spools, fuel lines, carburetors, and handles, all of which are essential for attaining accurate trimming and edging outcomes.
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Others: This category encompasses various types of lawn and garden equipment, such as chainsaws, leaf blowers, tillers, sprayers, and other miscellaneous items. Aftermarket parts for these equipment types may consist of chains, bars, air filters, fuel filters, carburetors, starter ropes, and more, addressing the maintenance and repair requirements of a wide range of outdoor machinery.
By Application
Based on application the global lawn and garden equipment aftermarket parts market can be categorized into Residential, Commercial, and Municipal.
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Residential: In the global lawn and garden equipment aftermarket parts market, the residential segment serves individual homeowners and households. Aftermarket parts within this category encompass components needed to upkeep lawns, gardens, and outdoor areas surrounding homes, such as lawn mowers, trimmers, and leaf blowers. Within the residential segment, consumers opt for aftermarket parts for DIY repairs and maintenance to maintain the aesthetic appeal and neatness of their outdoor spaces.
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Commercial: The commercial segment pertains to businesses and enterprises employing lawn and garden equipment for professional landscaping and grounds maintenance services. Aftermarket parts within this category are tailored for larger-scale equipment, including commercial-grade mowers, trimmers, and sprayers. Commercial users depend on aftermarket parts to uphold the efficient operation and durability of their equipment, crucial for the maintenance of outdoor spaces in commercial properties, parks, and recreational facilities.
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Municipal: The municipal segment includes government entities, municipalities, and public institutions tasked with overseeing the maintenance of public spaces, roadsides, parks, and green areas. Aftermarket parts within this sector consist of components designed for heavy-duty equipment used in municipal landscaping and maintenance duties, such as large mowers, snow removal equipment, and street sweepers. Municipalities depend on aftermarket parts to enhance the performance and dependability of their equipment, guaranteeing the maintenance of public areas and infrastructure for the community.
DRIVING FACTORS
"Equipment Longevity and Maintenance Needs to Boost the Market"
The continuous demand for aftermarket parts for repair and maintenance purposes contributes to the lawn and garden equipment aftermarket parts market growth as consumers seek to prolong the lifespan of their lawn and garden equipment. Components like blades, filters, belts, and spark plugs require replacement due to regular wear and tear, further driving market growth.
"DIY Culture and Homeownership Trends to Expand the Market"
The increasing prevalence of DIY projects and more homeowners taking on lawn and garden maintenance tasks themselves is boosting demand for aftermarket parts. Homeowners are actively seeking affordable solutions to independently repair and enhance their equipment, driving the market forward.
RESTRAINING FACTOR
"High Initial Cost of Quality Parts to Potentially Impede Market Growth"
The higher initial cost of premium aftermarket parts, particularly those crafted from durable materials or featuring advanced technology, might dissuade price-sensitive consumers from investing in them, thus affecting the overall growth of the market.
LAWN AND MARKET GARDEN EQUIPMENT AFTERMARKET PARTS MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America and Middle East & Africa.
"North America to Dominate the Market owing to eco-friendly practices"
In North America, the lawn and garden equipment aftermarket parts market share is well-established, buoyed by a sizable contingent of homeowners possessing extensive outdoor areas. Seasonal demand fluctuations, particularly peaking during spring and summer, characterize the region. The relatively high adoption rates of advanced technology and eco-friendly practices further drive demand for compatible aftermarket parts.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through expansive distribution networks"
Key players in the Lawn and Garden Equipment Aftermarket Parts Market, such as Briggs & Stratton Corporation, are prominent manufacturers and suppliers of replacement components and accessories for lawn and garden equipment. They provide a diverse range of aftermarket parts to meet the varied needs of consumers. These companies typically possess expansive distribution networks, innovative product development capabilities, and strong brand recognition in the industry. Additionally, some may focus on specific equipment types or parts, while others offer comprehensive solutions for a wide array of lawn and garden machinery.
LIST OF TOP LAWN AND GARDEN EQUIPMENT AFTERMARKET PARTS COMPANIES
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Husqvarna (Sweden)
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STIHL (Germany)
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Stens (U.S.)
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Toro (U.S.)
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Honda (Japan)
INDUSTRIAL DEVELOPMENT
September 2023: The Lawn and Garden Equipment Aftermarket Parts Market research offers significant value to businesses by providing a comprehensive analysis of market dynamics, a SWOT analysis, and future strategies. This insightful report enables key companies to effectively plan their future course of action.
REPORT COVERAGE
The future demand for lawn and garden equipment aftermarket parts market is covered in this study. The Research report includes the Increased Demand for DIY Projects due to the Covid-19 Impact. The report covers the latest trends in Smart Technology Integration. The paper includes a segmentation of the lawn and garden equipment aftermarket parts market. The research paper includes the driving factors that are Equipment Longevity and Maintenance Needs to Fuel Market Growth. The report also covers information on Regional Insights where the region which has emerged leading market for lawn and garden equipment aftermarket parts.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1195 Million in 2020 |
Market Size Value By |
US$ 2339.24 Million by 2032 |
Growth Rate |
CAGR of 5.8% from 2020 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the lawn and garden equipment aftermarket parts market expected to touch by 2032?
The global lawn and garden equipment aftermarket parts market is expected to reach USD 2339.24 million by 2032.
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What CAGR is the lawn and garden equipment aftermarket parts market expected to exhibit by 2032?
The lawn and garden equipment aftermarket parts market is expected to exhibit a CAGR of 5.8% by 2032.
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Which are the driving factors of the lawn and garden equipment aftermarket parts market?
Equipment Longevity and Maintenance Needs, and DIY Culture and Homeownership Trends are some of the driving factors of lawn and garden equipment aftermarket parts market.
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What are the key lawn and garden equipment aftermarket parts market segments?
The key market segmentation that you should be aware of, which include, Based on type the lawn and garden equipment aftermarket parts market is classified as Lawn Mowers, Snow Throwers, Trimmers & Edgers, and Others. Based on application lawn and garden equipment aftermarket parts market is classified as Residential, Commercial, and Municipal.