Outdoor Power Update

4 FAQs about [Outdoor Power Update]

How is the outdoor power equipment market changing?

The Outdoor Power Equipment market continues to evolve at a rapid pace, reshaping how consumers shop, which brands they trust, and what drives their purchase decisions.

How will the outdoor power equipment market grow in 2024?

In addition, changing consumer behavior in its spending power and aesthetic appeal for their gardening space is also expected to boost the market''s growth. The North America outdoor power equipment industry accounted for 35.28% of the global overall market share in 2024.

How big is the outdoor power equipment market?

Outdoor power equipment market size crossed USD 34 billion in 2023 and is expected to register over 5.5% CAGR from 2024-2032 owing to the increase in demand for landscape and gardening services worldwide. Who are the key leaders in the outdoor power equipment industry?

What drives the outdoor power equipment market?

The outdoor power equipment market is driven by the rapid growth of construction industry. With global surge in construction activities, outdoor power equipment like landscaping tools, compact utility loaders and portable generators are also increasingly demanded by people.

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