DIY Week.net
Essential reading for retailers and suppliers in the home improvement market
DIY Week Awards 2012
Check out the winners


News

Published on 29 - February - 2012
 
Garden industry valued at £893m last year
A new report by market research company Key Note estimates the industry has grown by 2.1% since 2010, and the firm predicts its value will hit £1bn by 2015.

Garden industry valued at £893m last year

The research primarily focussed on sales of lawnmowers, powered tools and equipment, hand tools and water management equipment from home improvement stores, garden centres and online. Major brands reportedly dominated sales, and the industry's improved performance was credited to consumers' increased interest in gardening.

Key Note said: "Gardening is increasingly seen as an enjoyable activity that is good for human health and the environment. In addition, home grown food allows consumers to save money during the economic crisis. Furthermore, gardening is a popular pastime with retirees and, as baby boomers finish their careers, the number of people taking up gardening activities is expected to increase."

Despite reporting the market as suffering from over-saturation and tool purchases being cut back as consumers deem them "non-essential," Key Note said "new life" was being breathed into the industry. This came, according to the report, in the form of new developments in product lines which enhance consumer experience, including the lithium-ion battery, cordless products and ergonomically designed pieces of equipment.

"However," Key Note added, "economic difficulties should not be forgotten ... The closure of Focus DIY is evidence of the impact the downturn is having on the market. 2012 is likely to be a challenging year for the industry.

"Nevetheless, [we] believe that if manufacturers utilise the surge in gardening's popularity to their advantage, by launching campaigns, kits and tools that facilitate the gardening experience, then continued industry growth can be expected."


Comment Leave a comment Email Send to a friend   Print Printable version   Print Link to this story

Make a comment?
Your name
Subject

Inform me of responses to this comment

This Is CAPTCHA Image
Enter number above (anti-spam)



DIYWeek.net does not edit comments which are submitted directly by our users to express their own views. Please report abuse of our comment system here.




© Datateam Business Media Limited 2012. DIY Week.net news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.


Click here to receive the diyweek.net weekly newsletter


Datateam Business Media Limited
15A London Road, Maidstone, Kent ME16 8LY. United Kingdom
T: +44 (0)1622 687031
F: +44 (0)1622 687031

Cookies
We use cookies to make this site as useful as possible. They are small text files we put in your browser to track and assist usage of our site but, with the exception of cookies that help you log in, they don't tell us who you are.
You can control cookies in your browser settings. If you use our site it implies that you consent to our cookie usage. To find out more about how we use cookies and how you can control them, click here to see our cookie policy.