Garden Tractor Market: Industry Analysis and Forecast (2023-2029)

Garden Tractor Market is anticipated to reach US$ 55.82 Bn by 2029 from US$ 35.68 Bn in 2022 at a CAGR of 6.6 % during a forecast period.

Garden tractors, also known as compact utility tractors, have a heavy-duty design used to mow the grass.

They are multi-purpose garden maintenance equipment with higher horsepower than standard lawn tractors. Garden tractors, with their more expansive cutting decks and many blades, can manage larger yards, up to five acres. Garden tractors feature bigger wheels and axles than other tractors. Garden Tractor transmissions are designed for heavy-duty use. Tractor manufacturers have responded to technological advancements by adding new capabilities and activities, such as grading, blading, and snow removal. Garden tractors are often heavier, more giant, and sturdier, allowing them to easily navigate rough terrain.To know about the Research Methodology :- Request Free Sample Report

In the report, 2022 is considered a base year however 2022’s numbers are on the real output of the companies in the market. Special attention is given to 2022 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Garden Tractor Market Dynamics
Golf courses are becoming more popular across the world, which has contributed to an increase in demand for garden tractors. Golf courses require regular upkeep, which necessitates the use of garden tractors. The garden tractor market is gaining traction as people become more conscious of the value of green areas for their health and the environment. Most garden tractors have locking differentials, which improve traction and are particularly useful for maintaining big gardens or open spaces, as well as around larger obstacles like trees and shrubs. Apart from mowing grass, garden tractors may be used for cleaning leaves, moving snow, applying fertilizer, or even as a trailer. As a result, profitable possibilities are expected to emerge throughout the forecast period. Garden tractors are more expensive than lawn tractors or ride-on mowers.

Apart from mowing grass, garden tractors may be used for cleaning leaves, moving snow, applying fertilizer, or even as a trailer. As a result, profitable possibilities are projected to emerge throughout the forecast period. The garden tractor market is expected to be hampered by its higher cost when compared to a lawn tractor or a ride-on mower (front mower).

From 2022 to 2029, this forecast statistic shows the value of lawn and garden tractor shipments in the United States. By 2022, the value of lawn and garden tractor shipments in the United States reached approximately 8.94 billion U.S. dollars.
Garden Tractor Market Segmentation Analysis
By Application, Due to the primary function of grass cutting, the grass cutting alone segment accounts for xx% of the market. Due to its greater cost, the grass cutting alone segment is expected to grow slowly, which is driving up demand for lawn tractors, which are inexpensive, simple to operate, and excellent for small gardens.
Garden Tractor Market Regional Insight
In 2022, North America accounted for 51% of the global market. The growing popularity of home-grown fruits and vegetables in this region is a major driver of market expansion. Also, the maintenance of existing public gardens and golf courses is expected to assist to the expansion of the backyard tractor market. According to this report, this region will maintain its leading position through the end of 2029, rising at a CAGR of 5%.

In addition, due to important markets for landscaping services, Europe is expected to grow significantly throughout the forecast period. Similarly, the rising requirement for commercial areas such as sports fields, educational facilities, and bowling gardens, as well as the adoption of technologically advanced gardening equipment or tools, is a significant driver contributing to market growth in MEA.

Report Objectives:

Landscape analysis of the Garden Tractor Market
competitive benchmarking
Past and current status of the industry with the forecasted market size and trends
Evaluation of potential key players that include market leaders, followers, and new entrants
Technology trends
The potential impact of micro-economic factors on the market
External and Internal factors affecting the market have been analyzed

The report also helps in understanding the Garden Tractor Market dynamics, structure by analysing the market segments project the Garden Tractor Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Garden Tractor Market make the report investor’s guide.
Garden Tractor Market Scope: Inquiry Before Buying 



Garden Tractor Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
6.6%
US$ 35.68 Bn
US$ 55.82 Bn


Segments Covered


by Type
Wheeled Tractors
Crawler Tractors
by Application
Cutting
Mowing & Hauling
Others


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Garden Tractor Market: Key Players
1. Husqvarna AB
2. Deere & Company
3. Briggs & Stratton
4. Cub Cadet
5. Sears
6. The Toro Company
7. Ariens Company
8. Weifang luzhong Tractor Co.,Ltd.
9. Emak S.p.A.
10. Vmax International Group (Shanghai) Co.,Ltd.
11. International Tractors Ltd
12. Shibaura Europe BV.
13. AGCO Tractor
14. Kubota Tractor Corp
15. McCormick Tractors
16. STIHL Holding AG & Company KG
17. Stanley Black and Decker Inc.
18. Echo
19. Makita Corporation
20. Alamo Group

Frequently Asked Questions:

1. Which region has the largest share in Global Garden Tractor Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Garden Tractor Market?
Ans: The Global Garden Tractor Market is growing at a CAGR of 6.6% during forecasting period 2023-2029.

3. What is scope of the Global Garden Tractor market report?
Ans: Global Garden Tractor Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Garden Tractor market?
Ans: The important key players in the Global Garden Tractor Market are – Husqvarna AB, Deere & Company, Briggs & Stratton, Cub Cadet, Sears, The Toro Company, Ariens Company, Weifang luzhong Tractor Co.,Ltd., Emak S.p.A., Vmax International Group (Shanghai) Co.,Ltd., International Tractors Ltd, Shibaura Europe BV., AGCO Tractor, Kubota Tractor Corp, McCormick Tractors, STIHL Holding AG & Company KG, Stanley Black and Decker Inc., Echo, Makita Corporation, Alamo Group, and

5. What is the study period of this market?
Ans: The Global Garden Tractor Market is studied from 2022 to 2029.