Market Forecast By Product Types (Ride On Mowers, Push Mowers, Robotic Mowers), By End-Users (Residential, Non-residential), By Fuel Types (Electronic, Non-electronic) and competitive landscape
Product Code: ETC003652 | Publication Date: Aug 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Ghana Lawn Mower market currently, in 2024, has witnessed an HHI of 2081, Which has increased slightly as compared to the HHI of 1915 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Ghana Lawn Mower Marketย |
Forecast period | 2024-2030 |
CAGR | 6.6% |
Growing Sector | Residential |
The Ghana Lawn Mower Market Report thoroughly covers the market by Product Types, End-Users and Fuel Types. The Ghana Lawn Mower Market Outlook report provides an unbiased and detailed analysis of the ongoing Ghana Lawn Mower Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Ghana Lawn Mower Market is expanding at an astonishing rate owing to the rise in urbanization. In addition, increase in awareness and focus on environmental sustainability are also proliferating market growth. Key players are investing in product development and expanding their distribution network to reach a broader customer base. Moreover, technological developments propel the market growth. Overall, the Ghana Lawn Mower Market offers significant growth and development opportunities.
According to 6Wresearch, the Ghana Lawn Mower Market is anticipated to grow at a CAGR of 6.6% during 2024-2030. One of the key drivers of the Ghana Lawn Mower Market is the rise in urbanization in Ghana which is driving the demand for well-kept landscapes, thereby spurring requirement of effective lawn care solutions. In addition, increase in concern and focus on environmental sustainability have underpinned the interest in environment-friendly electrical & battery-powered lawnmowers over traditional ones supporting worldwide green movements. Furthermore, technological improvements have enabled lawn mowers to become increasingly affordable and easy-to-use items for a broader base of customers, ranging from individual homeowners up through professional landscapers. Moreover, government-led programs to increase urban green spaces is fostering demand for lawn maintenance equipment.
However, the Ghana Lawn Mower Market faces many challenges that hinder its growth. The main issue is the exorbitant import price of lawn mowers due to tariffs and tax, making it impossible for most consumers to purchase it. Additionally, the population is unaware and unclear about modern benefits of mechanised lawn care, which leads to higher preference for traditional manual tools. Furthermore, lack in reliable after-sales support poses challenges to maintenance, strengthening hesitation among potential buyers. Moreover, erratic electricity supply acts as a dampener in the usage of electric mowers thereby leading customers towards more conventional manual alternatives.
Some of the major players operating in Ghana Lawn Mower Market are John Deere, Husqvarna, Honda Power Equipment, Toro Company and MTD Products. These companies have a major presence in the Ghana market and offer a wide range of lawn mowers with varying features and price points to cater to the diverse needs of Ghanaian consumers.
The Ghana government has significantly influenced the growth of the Lawn Mower Market through strategic initiatives. One such initiative is the "Made in Ghana" initiative, which incentivized domestic manufacturing by providing tax relief to organizations manufacturing mowers within the country. In addition, the government launched a subsidy program intended to decrease import tariffs on the raw materials required for manufacturing, lowering production expenses and making locally fabricated machines more competitive. Furthermore, the government instituted the Eco-Friendly Equipment Regulation, dictating the adoption of environmentally-conscious machinery across all public and private enterprises to curb carbon emissions.
The Ghana Lawn Mower Market is projected to expand substantially in the coming years. This growth is driven by the increase in urbanization. In addition, rise in awareness and emphasis on environmental sustainability are further bolstering the market expansion. Prominent players are focusing on manufacturing activities and expanding their distribution network to target a large consumer pool. Moreover, advancements in technology drive the market growth. Overall, the future of the Ghana Lawn Mower Market looks promising, with many opportunities for growth and development.
According to Ravi Bhandari, Research Head, 6Wresearch, the push mowers segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to its low cost and ease of operation especially among residential as well as commercial users in Ghana.
Based on End-Users, the residential segment is the leading segment in the industry and will continue to grow in the coming years. This can be attributed to the popularity of home gardening and landscaping practiced by homeowners across Ghana.
In terms of Fuel Types, the electronic segment is the dominant segment in the industry and will continue to grow in the coming years. This expansion is due to its environmentally-friendly characteristic and more and more consumers that are turning into environmental sustainability.
The report offers a comprehensive study of the subsequent market segments:
Table of Contents |
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Ghana Lawn Mower Market Overview |
3.1. Ghana Country Macro Economic Indicators |
3.2. Ghana Lawn Mower Market Revenues & Volume, 2020 & 2030F |
3.3. Ghana Lawn Mower Market - Industry Life Cycle |
3.4. Ghana Lawn Mower Market - Porter's Five Forces |
3.5. Ghana Lawn Mower Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6. Ghana Lawn Mower Market Revenues & Volume Share, By End-Users, 2020 & 2030F |
3.7. Ghana Lawn Mower Market Revenues & Volume Share, By Fuel Types, 2020 & 2030F |
4. Ghana Lawn Mower Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Ghana Lawn Mower Market Trends |
6. Ghana Lawn Mower Market, By Types |
6.1. Ghana Lawn Mower Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2. Ghana Lawn Mower Market Revenues & Volume, By Product Types, 2020 - 2030F |
6.1.3. Ghana Lawn Mower Market Revenues & Volume, By Ride On Mowers, 2020 - 2030F |
6.1.4. Ghana Lawn Mower Market Revenues & Volume, By Push Mowers, 2020 - 2030F |
6.2.5. Ghana Lawn Mower Market Revenues & Volume, By Robotic Mowers, 2020 - 2030F |
6.2. Ghana Lawn Mower Market, By End-Users |
6.2.1. Overview and Analysis |
6.2.2. Ghana Lawn Mower Market Revenues & Volume, By Residential, 2020 - 2030F |
6.2.3. Ghana Lawn Mower Market Revenues & Volume, By Non-residential, 2020 - 2030F |
6.3. Ghana Lawn Mower Market, By Fuel Types |
6.3.1. Overview and Analysis |
6.3.2. Ghana Lawn Mower Market Revenues & Volume, By Electronic, 2020 - 2030F |
6.3.3 Ghana Lawn Mower Market Revenues & Volume, By Non-electronic, 2020 - 2030F |
7. Ghana Lawn Mower Market Import-Export Trade Statistics |
7.1. Ghana Lawn Mower Market Export to Major Countries |
7.2. Ghana Lawn Mower Market Imports from Major Countries |
8. Ghana Lawn Mower Market Key Performance Indicators |
8.1. Ghana Residential Sector Outlook |
8.2. Ghana Commercial Sector Outlook |
8.3. Ghana Industrial Outlook |
8.4. Ghana Government Spending Outlook |
8.5. Ghana Transport & Infrastructure Outlook |
9. Ghana Lawn Mower Market - Opportunity Assessment |
9.1. Ghana Lawn Mower Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2. Ghana Lawn Mower Market Opportunity Assessment, By End-Users, 2020 & 2030F |
9.3. Ghana Lawn Mower Market Opportunity Assessment, By Fuel Types, 2020 & 2030F |
10. Ghana Lawn Mower Market - Competitive Landscape |
10.1. Ghana Lawn Mower Market Revenue Share, By Companies, 2023 |
10.2. Ghana Lawn Mower Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |