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2024 U.S. Industry Statistics & Market Forecast - Lawn and Garden Equipment and Supplies Retailers


Market Size & Industry Statistics

The total U.S. industry market size for Lawn and Garden Equipment and Supplies Retailers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Lawn and Garden Equipment and Supplies Retailers industry include:
  1. Increased interest in home gardening due to pandemic-induced lifestyle changes
  2. Rise in sustainable and eco-friendly products
  3. Technological advancements in equipment, such as robotic lawn mowers and smart gardening tools
  4. Growth in online sales and e-commerce platforms
  5. Shift towards organic fertilizers and natural pest control products
  6. Demand for local and artisanal products
  7. Aging population leading to demand for easy-to-use and ergonomic tools
  8. Climate change impacting gardening practices and seasonality
  9. Urbanization and smaller living spaces increasing popularity of indoor and vertical gardening
  10. DIY landscaping and maintenance as a cost-effective solution for homeowners
  11. Integration of IoT (Internet of Things) in garden management systems for optimized resource use
  12. Social media influence on gardening trends and consumer purchases
  13. Partnerships with landscapers and designers to create bundled offerings
  14. Personalization and customization of gardening tools and supplies


Product & Services Breakdown

Research products and services in the Lawn and Garden Equipment and Supplies Retailers industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Men's Wear, Including Accessories

Footwear, Including Accessories

Kitchenware & Home Furnishings

Sporting Goods & Recreational Equipment

Boats & Other Sport Vehicles, Parts & Accessories

Hardware, Tools, & Plumbing & Electrical Supplies

Lawn, Garden, & Farm Equipment & Supplies

Cut Flowers

Indoor Potted Plants & Floral Items

Outdoor Nursery Stock

Fertilizer, Lime, Chemicals, & Other Soil Treatments

Lawn & Garden Tools

Lawn & Garden Machinery, Equipment, & Parts

Farm Machinery, Equipment, & Parts

All Other Farm Supplies, Including Grain & Animal Feed

All Other Lawn & Garden Supplies

Dimensional Lumber & Other Building/Structural Materials & Supplies

Automotive Fuels

Automotive Lubricants, Including Oil, Greases.

Automotive Tires, Tubes, Batteries, Audio Equipment, Parts, Access

Household Fuels, Including Oil, Lp Gas, Wood, Coal

Pets, Pet Foods, & Pet Supplies

All Other Merchandise

Seasonal Decorations

All Other Merchandise, Excluding Lottery Ticket Sales/Commissions

All Nonmerchandise Receipts

Materials Used In Landscaping Or Lawn Service

Labor Charges For Work Performed By This Establishment

All Other Nonmerchandise Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Lawn and Garden Equipment and Supplies Retailers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Lawn and Garden Equipment and Supplies Retailers industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Lawn and Garden Equipment and Supplies Retailers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers5%
Building and Grounds Cleaning and Maintenance Occupations 5%
Sales and Related Occupations 48%
Retail Sales Workers 42%
Cashiers 7%
Cashiers 7%
Retail Salespersons 34%
Retail Salespersons 34%
Office and Administrative Support Occupations 8%
Farming, Fishing, and Forestry Occupations 9%
Agricultural Workers 9%
Miscellaneous Agricultural Workers 9%
Farmworkers and Laborers, Crop, Nursery, and Greenhouse 8%
Installation, Maintenance, and Repair Occupations 7%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 5%
Transportation and Material Moving Occupations 13%
Material Moving Workers 9%
Laborers and Material Movers 8%
Laborers and Freight, Stock, and Material Movers, Hand 6%
Source: Bureau of Labor Statistics


Lawn and Garden Equipment and Supplies Retailers Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Lawn and Garden Equipment and Supplies Retailers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Lawn and Garden Equipment and Supplies Retailers industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Lawn and Garden Equipment and Supplies Retailers industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Lawn and Garden Equipment and Supplies Retailers

  • Feb 26, 2024: JP LOGISTICS & CONSULTING, LLC (Prince George, VA) awarded $80,000