The garden patio market, also called the garden patio industry, is a rich and diverse market supported by numerous constructs such as furniture, decor, tools, plants, and accessories. As cities grow bigger and an increasing number of people look toward creating intriguing and comfortable patios and gardens, this market has seen unprecedented development. During the pandemic, where markets have enhanced the garden and patio space for leisure, among other modifications, the rate of growth of this market has escalated.
The garden and patio market across the globe is approximately $90 billion as of 2024, and it is expected to expand at a CAGR of 5.5% between intermediate timelines of 2024 to 2030. Such factors as increased house purchases, reduced savings, and enhanced gardening and outdoor lifestyles are some of the ones that contribute to this expansion.
The garden patio market, also called the garden patio industry, is a rich and diverse market supported by numerous constructs such as furniture, decor, tools, plants, and accessories. As cities grow bigger and an increasing number of people look toward creating intriguing and comfortable patios and gardens, this market has seen unprecedented development. During the pandemic, where markets have enhanced the garden and patio space for leisure, among other modifications, the rate of growth of this market has escalated.
The garden and patio market across the globe is approximately $90 billion as of 2024, and it is expected to expand at a CAGR of 5.5% between intermediate timelines of 2024 to 2030. Such factors as increased house purchases, reduced savings, and enhanced gardening and outdoor lifestyles are some of the ones that contribute to this expansion.
The Garden and Patio sector involves the designing, manufacturing, and retail of goods geared towards embellishing outdoors for both domestic and business use. This sector is made up of outdoor furniture, various garden supplies, and tools for landscaping, as well as decorative items that are functional, eco-friendly, and attractive.
1. Furniture: Dining chair, café tables, benches, and sofa sets.
2. Decor: Waterfalls, statues, colorful flowerpots, and carpets.
3. Tools and Equipment: Rakes, secateurs, watering devices, and ice cubes—all these additional tools fit into the tools and equipment category.
4. Structures: Warehouses, arbors, and frameworks for plants.
5. Lighting: Solar lights. The lighting also includes string lights and candlesticks.
6. Plants and Foliage: We consume decorative foliage, culinary spices, and greens.
7. Outdoor Heating: Fireplaces without chimneys, Mexican fireplaces, and outdoor space heaters.
1. Green Gardening: We will witness the rise of organic, compostable, and irrigation-saving systems.
2. E-Retail Development: Increased availability of garden and patio goods on such online platforms, with tables and chairs built to one’s specifications.
3. Recreational Outdoor Gardens: Increasing popularity of outdoor yoga and meditation zones.
4. Gardening in Cities: Increase in city gardens or other architectural strategies like terraces, walls, and containers.
5. Year-round Furnishings and Decorations: People are becoming more interested in furnishings and decorations that can withstand all types of weather.
- Sustainable Gardening: Environment-friendly gardening practices and products are on the rise.
- DIY Gardens: The growth in popularity of DIY gardening initiatives offered to amateurs.
- Efficient Gardening Technologies: The use of IoT in self-watering systems and light control through apps.
- Miniature Gardening: Equipment designed for limited space in urban areas, such as vertical plant walls and potted plants that can be placed on a small balcony.
- Recreation Outside of the Home: Increased interest in outside cooking, drinking, and entertaining spaces.
1. Based on the product class: furniture, decorations, equipment, plants, and heating equipment.
2. Based on the Channels of Attracting Consumers: Shopping centers, online shopping, and specialized garden shops.
3. Based on the End Users: Homeowners, business organizations, or the public.
4. Based on the Geographical Area: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
1. The Home Depot: One of the top retailers of outdoor furniture, gardening tools, and plants.
3. Lowe’s Companies: Knows the wide array of backyards and patio activity products.
3. Wayfair: Quite a wonderful eCommerce site associated with patios and decorations.
4. IKEA: Famous for producing low-cost, cool outdoor furniture.
5. Scotts Miracle-Gro: Concentrating on green grass, gardening tools and equipment, and treatments for gardens.