Golfing surged in popularity during the pandemic, and golf course industry efforts to retain new and returning golfers could yield lasting market opportunities for power lawn and garden equipment suppliers going forward.

Our new analysis finds sales of power lawn and garden equipment rose by more than 10% in 2020, spurred by behavioral changes under government-imposed lockdowns and social distancing protocols.

According to Freedonia Group industry analyst Matt Zielenski, “ASSA ABLOY’s purchase of Spectrum Brands’ Hardware & Home Improvement segment will further expand its presence in the key US market.

In August 2021, Deere agreed to purchase California-based Bear Flag Robotics, an agricultural technology company specializing in autonomous tractors, for $250 million.

Increased home gardening activity and commercial investment in greenspaces like office gardens will boost demand for pesticides in the US and other affluent countries with significant lawn and garden cultures through 2021.

Between April 2020 and June 2021, the cost of lumber in the US increased a breathtaking 288%.

Rapidly evolving agricultural industries in Latin America, Asia, and Africa will support significant market opportunities for agricultural pesticides through 2025.

A massive infestation of armyworms is wreaking havoc across the US, turning plush green lawns into barren dirt piles – and providing an autumn boost to pesticide sales in the process.

The backyard continues to be a major focus of the still-surging home renovation activity of the COVID-19 pandemic, boosting sales for a range of outdoor living projects.

Many employees are not looking forward to giving up the remote work life of the pandemic era. In order to entice them back to the office, companies are investing in improving their office spaces.