Garden variety: Rising disposable income levels will boost demand, but competition may limit growth

Operators in the Lawn and Outdoor Equipment Stores industry in Canada have benefited from relatively stable demand over the past five years. Following weakened demand during the slow economic recovery, industry revenue picked up after 2013, thanks to recovering consumer confidence and rising incomes. Since then, industry growth has been partially driven by an uptick in residential renovation expenditure, which signals that consumers are using more professional landscape services to handle their gardening needs, stimulating demand for lawn and outdoor equipment dealers. Over the five years to 2023, industry revenue is anticipated to grow alongside rising per capita disposable income, as economic growth accelerates both domestically and more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Improving economic conditions have bolstered demand for lawn and outdoor equipment
  • Strong external competition from home improvement stores has eroded industry demand
  • Renewed confidence and higher disposable incomes will bolster spending at industry stores
  • Industry Report - Starting a New Business Chapter

    Prospective operators experience medium barriers to entry into the Lawn and Outdoor Equipment Stores industry in Canada. While there are no special licensing requirements, government regulations or resource constraints that prevent players from entering the industry, investment costs and high competition can serve as potential barriers. The initial cost of establishing retail outlets and purchasing products for sale can be substantial barriers for potential industry entrants. Since most operators already carry an extensive range of products, most new entrants will need to find a niche market or incur a considerable first-time inventory purchase cost to meet consumer demand and remain sustainable...purchase to read more.

    Additional Insights for the Lawn & Outdoor Equipment Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lawn & Outdoor Equipment Stores Industry are

  • Proximity to key markets
  • Ability to control stock on hand
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Residential renovation expenditure in the Lawn & Outdoor Equipment Stores industry impact industry performance..

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    What's in this report

    What is the Lawn & Outdoor Equipment Stores Industry?

    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.

    Industry Products
  • Lawn and garden tools and machinery
  • Repair services
  • Farm machinery and equipment
  • Other lawn and garden machinery and parts
  • Industry Activities
  • Retailing garden power equipment
  • Retailing lawn power equipment
  • Retailing outdoor power equipment
  • Repairing lawn and outdoor equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Residential renovation expenditure
  • External competition for the Lawn and Outdoor Equipment Stores industry
  • National unemployment rate

  • Current Performance
  • Industry grows at a stable clip
  • Fierce competition
  • Tough operating conditions
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry pressures
  • Big-box battle continues
  • Green products and customer service
  • Table: Lawn & Outdoor Equipment Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lawn & Outdoor Equipment Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Landscaping Services in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Farm, Lawn & Garden Equipment Wholesaling in Canada
  • Tractors & Agricultural Machinery Manufacturing in Canada

  • Products & Services
  • Lawn and garden tools and machinery
  • Other lawn and garden machinery and parts
  • Farm machinery and equipment
  • Repair services
  • Chart: Lawn & Outdoor Equipment Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Household consumers
  • Professional consumers
  • Farmers
  • Government
  • Chart: Major Market Segmentation for the Lawn & Outdoor Equipment Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Lawn & Outdoor Equipment Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Lawn & Outdoor Equipment Stores Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Lawn & Outdoor Equipment Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Lawn & Outdoor Equipment Stores Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big Box Store
  • Also known as a supercentre, superstore or megastore is a physically large retail establishment, usually part of a chain.
  • Do-It-Yourself (Diy)
  • A category of customers that includes homeowners, who purchase products and complete their own projects.
  • Green
  • A category that includes goods, services, guidelines and policies that have little to no effect on the natural environment.
  • Riding Mower
  • A power mower that individuals can ride on, which is a popular alternative for larger lawns.
  • What Our Customers Say

    Why buy this report?

    The Lawn & Outdoor Equipment Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Lawn & Outdoor Equipment Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Lawn & Outdoor Equipment Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Lawn & Outdoor Equipment Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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