The booming DIY activity of the pandemic era continues to benefit the $157 million US market for plastic gutter and downspout products.

Our new analysis finds that the increasing number of new homes built with hip style roofs instead of traditional gable style roofs will bolster residential market gains for gutter and downspout products through 2025.

Residential demand for gutter and downspout products in the US is forecast to rise 2.0% per year to $4.1 billion in 2025, driven primarily by increases in residential construction activity.

Our analysis finds that the commercial market for power lawn and garden equipment underperformed in 2020, as growing consumer participation in DIY lawn care came at the expense of spending on residential landscaping services.

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%.