Lawn and Garden Equipment Market Set to Witness Huge Growth by 2030
Lawn and Garden Equipment Market Overview: The lawn and garden equipment market is set to grow at a CAGR of 13.04% during the forecast period 2022 to 2030 . As per the market research report, the market will hit 47 million units in terms of valuation by the end of 2027. The market growth will be driven by the rise in the adoption of technologically advanced equipment. Based on the research report, the rise in the number of golf courses will accelerate growth in the market till 2027. Although unstable raw material prices will have a negative impact on the global lawn and garden equipment market’s growth during this period. The high cost associated with services is predicted to be a key challenge which could become a strong threat from 2020 to 2027 to companies. The market report published by expert analysts includes primary and secondary data and suggests that type, end use, and region segments are anticipated to witness tremendous growth till 2027. Factors such as landscaping of