Freedonia In The News
Article Title: World demand for lawn & garden consumables to reach $19.5 billion in 2019
Publication: Outdoor Power Equipment, 4/8/2015
Freedonia Study: World Lawn & Garden Consumables (3265)
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World demand for lawn and garden consumables — including packaged fertilizers, pesticides, growing media, seeds and other products — is projected to advance 3.7 percent per year to $19.5 billion in 2019. Gains in the professional segment will be faster than in consumer applications, supported by robust construction activity and increased investment in the development of urban greenspaces. Consumer demand will be promoted by the continued popularity of gardening as a hobby in developed regions and increasing numbers of small container and community gardens in urban areas in developing regions. These and other trends are presented in World Lawn & Garden Consumables, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.
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