Aging Population and Trends in Outdoor Living Boost Sales of Garden Products, According to a New Report by Global Industry Analysts

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Rising disposable incomes, changing lifestyles and increasing preference for outdoor living has impelled more homeowners to enhance their garden environment. Noteworthy factors such as the aging of the baby boomers, and increasing number of houses designed with gardens, terraces, and balconies, will help drive growth in the upcoming years.

Gardening Products: A Global Outlook

Consumer attitudes towards gardening has transformed substantially in recent years. While many enthusiasts regard gardening as a leisure pursuit, many younger homeowners consider the garden as relaxation area and are seeking products such as bedding plants, power tools and lawncare to redesign the landscape and reduce the maintenance required. Overall, the gardening products market has been expanding in harmony with increasing leisure time.

Consumer interest in gardening is perky, driven by changing lifestyles, greater affluence and exposure to fashion and television 'make over' programs. The gardening products industry also benefits from sales of homes, favorable weather patterns and rising trend toward outdoor living. Demographic factors such as income, age and life stage are crucial to gardening activities. Aging and middle-aged population, consumer falling under middle- and upper-income brackets and female homeowner with greater gardening ethos are major purchasers of garden products. Developing nations such as Asia-Pacific and Latin America hold most promising opportunities for garden products due to faster population growth and rise in disposable income levels. Rising global popularity of golf will also present favorable opportunities.

Lawn and garden care products market including fertilizers/ growth media and pesticides is expected to witness an increasing demand based on several local and private investments in commercial projects such as façade landscaping, property development, tourism programs, park and playground development, and resort and golf course development. Easily amenable advertising and other marketing media are also playing a decisive role in increasing demand for these products. Decorative Garden accessories, such as fountains, paving, lighting, and yard art, will continue to gain from positive outdoor living trends.

The demand for garden equipment will propel based on ongoing advancements in commercial and residential buildings. Introduction of new products, including cordless electric trimmers are likely to create a wide market for garden equipment products. Demand for lawn mowers will continue to remain stronger based on their applications in commercial and residential applications. Turf and grounds equipment is likely to gain from the increasing number of golf courses, and professional landscaping services industry. Other products including snow throwers, edgers, trimmers, and parts & accessories are likely to fillip based on improving income levels in developing countries. Tool/Implements manufacturers will turn towards technological innovations focused on making lighter and easy-to-use tools, and more powerful battery technology to enable users to switch to cordless products.

Garden centres are the dominant channel for garden products due to their product range, quality, up market image and level of service. Aggressive pricing strategies, strong promotional activity and attractive display are key factors behind their success. Weather and economic conditions induce greatest uncertainty in the garden products market. Growing concerns over fertilizer contamination, noise pollution, and water waste have long plagued the industry.

The report titled "Gardening Products: A Global Outlook", published by Global Industry Analysts Inc, provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The global market discussion selectively highlights, and brings to the fore undertones in market trends, and issues i.e. the emergence of convenience as a crucible of success, changing consumer preferences, the growing popularity of garden fountains, and many more. The US market is richly illustrated with substantiating tables, charts and graphs, which summarize key research findings, and analytical projections. Other regional markets briefly summarized include Canada, Japan, and Europe, among others. The report also includes an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 384 companies worldwide.

For more details about this research report, please visit
http://www.strategyr.com/Gardening_Products_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com

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