
The Sweden Lawn Mowers Market Size, Share, & Trends Analysis Report By
Industry Analysis Report, Regional Outlook, Market Trends, Competitive Landscape, Share, Growth Potential & Forecast, 2022 – 2027
Report Attribute | Details |
---|---|
MARKET SIZE (2027) | USD 782.78 MILLION |
MARKET SIZE (2021) | USD 452.83 MILLION |
CAGR (2021-2027) | 9.55% |
MARKET SIZE- VOLUME (2027) | 1,045.48 thousand Units |
BASE YEAR | 2021 |
Forecast Year | 2022-2027 |
Market Segments | Product Type, Fuel Type, End-User, and Distribution Channel |
The Sweden lawn mowers market was valued at USD 452.83 million in 2021 and is expected to reach USD 782.78 million by 2027, growing at a CAGR of 9.55% during the forecast period. In 2021, the lawn mowers market witnessed a high rise in demand across Sweden owing to the increased government investments in playground construction & parks, which increased demand for landscape service. On the other hand, in 2022, the Organisation of the Petroleum Exporting Countries (OPEC) decided to reduce oil production by two million barrels/day. This oil reduction will lead to a massive spike in the oil price owing to Russia's invasion of Ukraine, which propels the demand for corded and cordless lawnmowers in the forecasting period in EU and APAC countries.
According to the European construction industry federation, in 2021, Sweden's government had a significant investment share in construction, around USD 28.85 billion. These investments in construction projects include housebuilding, rehabilitation and maintenance, and Non-residential construction such as private offices, industrial buildings, hotels, schools, hospitals, public parks, sports infrastructure & community centers. The development of green spaces in the residential sector is expected to see massive growth during the forecast period. Hence, growing urbanization leads to adding residential units, thereby boosting the Sweden lawn mowers market.
Golf is popular in Sweden and is witnessing significant growth in participation year-over-year. According to European Golf Participation Report in 2021, the number of golfers across Sweden reached around 538,962, with 73% adult male registered golfers. Women golfers witnessed an increase of over 27% year-over-year. The growing participation of the female population is further boosting the demand for the construction of new golf courses. These golf courses must upkeep regular field maintenance, necessitating using mowers that propel the Sweden lawn mowers market.
The Sweden lawn mower market is mature, with considerable demand for innovation-driven lawn mowers. Robotic lawnmowers are relatively new products in the country’s industry. However, they have high growth opportunities for vendors in the industry. Grass quality and the growth cycle are essential for vendors catering to the industry with their lawnmowers. Smart autonomous lawn mower vendors like Husqvarna and Cramer are launching inbuilt with a GPS mower that allows the equipment to move automatically throughout the facility. By combining navigation and operation software, such equipment provides higher productivity while reducing labor expenditure. Equipping lawnmowers with obstacle identification, weather sensing, and anti-theft sensors are expected to support Sweden lawn mowers market growth.
The popularity of landscaping services is increasing across the country owing to the need to provide an aesthetic appeal for commercial and residential lawns and garden areas. On the other hand, households' high disposable per capita income has increased from 2011 to 2021. In 2020, the average disposable income of households reached around USD 43,310. Also, the changing consumer preference and desires of professionals and semi-professionals for the embellishment of their lawn/yard areas are projected to impact overall landscaping services positively. These above factors are expected to drive the country's demand for lawnmowers.
Artificial turfs are plastic fiber-based surfaces designed to look like natural grass and eliminate the need for watering. They are widely used for commercial applications. They are mainly used in sports stadiums, corporate offices, and other residential spaces. A significant reason for their high adoption is low maintenance — artificial turfs stand up to heavy use, like in sports, and do not require irrigation or trimming. For instance, a standard 800-square-foot waterless lawn could save 660,000 gallons of water over 15 years. With over 50,000 homes having lawns, 33 billion gallons of water could be saved if they opt for artificial turfs. Hence, the growing popularity and adoption of artificial grass are significant challenges for the Sweden lawn mowers market’s vendors and will create hurdles to the market's growth during the forecast period.
The key industry participants in the Sweden lawn mowers market include Ariens, Stanley Black & Decker, The Toro Company, Deere & Company, and others. Vendors in the industry must devote significant efforts and resources to launch innovative and upgraded lawnmowers with better performance that cater to consumer demands. Also, vendors must continuously analyze market trends to design, develop, and manufacture new products with distinctive features such as better cultivating, additional work capacity options, and others. Manufacturers also provide promotions, zero percent financing options, and extensive discounts to improve brand consideration and boost the sale of lawn mower products in the country.
Frequently Asked Questions
How big is the Sweden lawn mowers market?
The Sweden lawn mowers market size is expected to reach USD 782.78 million by 2027 from USD 452.83 million in 2021.
What is the growth rate of the Sweden lawn mowers market?
The Sweden lawn mowers market is expected to grow at a CAGR of 9.55% from 2022-2027.
What will Sweden lawn mowers market share in terms of volume in 2027?
The Sweden lawn mowers market share by volume will reach 1,045.48 thousand units by 2027.
What are the factors impacting the Sweden lawn mowers market growth?
Key factors impacting the Sweden lawn mowers market growth are innovative robotic product offerings, growing demand from golf courses, and a growing construction sector.
Which end-user segment dominates the Sweden lawn mowers market?
The residential segment dominates the Sweden lawn mowers market share, accounting for 62.17% of the end-user segment. However, the professional landscaping services segment occupies a growing market share owing to the increased focus on building eco-city projects in the country, thereby enhancing the country’s gardens and parks.
Who are the key vendors in the Sweden lawn mowers market?
The key industry participants in the Sweden lawn mowers market include Ariens, Stanley Black & Decker, The Toro Company, Deere & Company, and others.
The Sweden lawn mowers market was valued at USD 452.83 million in 2021 and is expected to reach USD 782.78 million by 2027.
The following factors are likely to contribute to the growth of the Sweden lawn mower market during the forecast period:
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Sweden lawn mowers market and its market dynamics for 2022-2027. It covers a detailed overview of several industry growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Segmentation by Product Type
Segmentation by End-users
Segmentation by Fuel Type
Segmentation by Distribution Channels
Exhibit 1 Lawn Mower Market Size & Forecast ($ million)
Exhibit 2 Lawn Mower Market Size & Forecast (thousand units)
Exhibit 3 Lawn Mower Market by Product Type: Overview 2021
Exhibit 4 Lawn Mower Market Share by Product Type 2021 (Revenue)
Exhibit 5 Lawn Mower Market Size & Forecast by Product Type 2021-2027 ($ million)
Exhibit 6 Lawn Mower Market Share by Product Type 2021 (Unit Shipment)
Exhibit 7 Lawn Mower Market Size & Forecast by Product Type 2021-2027 (thousand units)
Exhibit 8 Walk-behind Lawn Mower Market Share by Product Type 2021 (Revenue)
Exhibit 9 Walk-behind Lawn Mower Market Share by Product Type 2021 (Unit Shipment)
Exhibit 10 Walk-behind Lawn Mower Market Size & Forecast by Product Type 2021-2027 ($ million)
Exhibit 11 Walk-behind Lawn Mower Market Size & Forecast by Product Type 2021-2027 (thousand units)
Exhibit 12 Ride-on Lawn Mower Market Share by Product Type 2021 (Revenue)
Exhibit 13 Ride-on Lawn Mower Market Share by Product Type 2021 (Unit Shipment)
Exhibit 14 Ride-on Lawn Mower Market Size & Forecast by Product Type 2021-2027 ($ million)
Exhibit 15 Ride-on Lawn Mower Market Size & Forecast by Product Type 2021-2027 (thousand units)
Exhibit 16 Robotic Lawn Mower Market Size & Forecast 2021-2027 ($ million and thousand units)
Exhibit 17 Lawn Mower Market by End-user Type: Overview 2021
Exhibit 18 Lawn Mower Market Share by End-user Type 2021 (Revenue)
Exhibit 19 Lawn Mower Market Size & Forecast by End-user Type 2021-2027 ($ million)
Exhibit 20 Lawn Mower Market Share by End-user Type 2021 (Unit Shipment)
Exhibit 21 Lawn Mower Market Size & Forecast by End-user Type 2021-2027 (thousand units)
Exhibit 22 Lawn Mower Market by Fuel Type: Overview 2021
Exhibit 23 Lawn Mower Market Share by Fuel Type 2021 (Revenue)
Exhibit 24 Lawn Mower Market Size & Forecast by Fuel Type 2021-2027 ($ million)
Exhibit 25 Lawn Mower Market Share by Fuel Type 2021 (Unit Shipment)
Exhibit 26 Lawn Mower Market Size & Forecast by Fuel Type 2021-2027 (thousand units)
Exhibit 27 Lawn Mower Market by Distribution Channel: Overview 2021
Exhibit 28 Lawn Mower Market Share by Distribution Channel 2021 (Revenue)
Exhibit 29 Lawn Mower Market Size & Forecast by Distribution Channel 2021-2027 ($ million)
Exhibit 30 Lawn Mower Market Share by Distribution Channel 2021 (Unit Shipment)
Exhibit 31 Lawn Mower Market Size & Forecast by Distribution Channel 2021-2027 (thousand units)
Exhibit 32 Lawn Mower Market: Key Trends
Exhibit 33 Lawn Mower Market: Key Drivers
Exhibit 34 Lawn Mower Market: Key Restraints
Exhibit 35 Lawn Mower Market: Key Market Players
LIST OF TABLES
Table 1 Leading 10 Sweden Importing Countries Revenue ($ Thousand)
Table 2 Leading 10 Sweden Exporting Countries Revenue ($ Thousand)
Table 3 Quantitative Summary of Market by Product Type ($ million)
Table 4 Quantitative Summary of Market by Product Type ($ million)
Table 5 Quantitative Summary of Market by Product Type (thousand units)
Table 6 Quantitative Summary of Market by End-user Type ($ million)
Table 7 Quantitative Summary of Market by End-user Type (thousand units)
Table 8 Quantitative Summary of Market by Fuel Type ($ million)
Table 9 Quantitative Summary of Market by Fuel Type (thousand units)
Table 10 Quantitative Summary of Market by Distribution Channel ($ million)
Table 11 Quantitative Summary of Market by Distribution Channel (thousand units)
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