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: ETC003716 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Lawn Mower market currently, in 2023, has witnessed an HHI of 3682, Which has decreased moderately as compared to the HHI of 5162 in 2017. The market is moving towards concentrated. 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.
The Philippines Lawn Mower Market report thoroughly covers the market by product types, end users, and fuel types. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Philippines Lawn Mower Market is expected to experience a steady growth during the forecast. This growth can be attributed to various factors such as the increasing demand for landscaping services, growing urbanization and rising disposable income of consumers.
According to 6Wresearch, Philippines Lawn Mower Market size is expected to grow at a CAGR 7% during 2025-2031. The rising popularity of outdoor living areas is one of the main factors propelling the lawnmower industry in the Philippines. The need for effective and practical lawn mowers has increased as more and more individuals spend money on designing lovely lawns and gardens.
The creation of cutting-edge technologies that offer improved features in lawn mowers, like self-propulsion and noise reduction, is another factor propelling market expansion. These developments increase consumer appeal and ease of use of lawn mowers, which increases demand in the market. Even with the bright future, there are a few obstacles that could prevent the Philippines lawn mower industry from expanding. One of the biggest obstacles is the expensive price of buying a lawnmower, particularly for lower-class households. Additionally, in certain areas, a barrier to market expansion may be the lack of knowledge on proper lawn management and the use of the right equipment.
The Philippines lawn mower market is highly fragmented, with the presence of both global and domestic players. Some of the key players operating in the market include Husqvarna Group, Deere & Company, MTD Products Inc., Honda Power Equipment, The Toro Company, and Briggs & Stratton Corporation. These companies are focusing on product innovation and expanding their distribution networks to gain a competitive edge.
To conserve water and lessen pollution, the Philippine government has been putting efforts and programs into place to support sustainable landscaping techniques. The popularity of environmentally friendly lawn mowers that consume less fuel and release fewer pollutants has increased as a result.
The lawn mower market in the Philippines appears to have a bright future ahead of it, with consistent growth anticipated over the next few years. Growing disposable income and the growing popularity of outdoor living areas will probably keep boosting market demand. Furthermore, technological advancements and the release of more reasonably priced products may spur additional market expansion. The future of the lawnmower industry in the Philippines is also anticipated to be significantly shaped by government policies and sustainability-related efforts. All things considered, businesses have lots of chances to take advantage of this expanding industry and increase their footprint in the nation.
According to Dhaval, Research Manager, 6Wresearch, The segment that is growing in demand is the Robotic Mowers segment. With advancements in technology and an increasing focus on convenience, more consumers are opting for robotic mowers to maintain their lawns. These mowers are designed to operate autonomously and require minimal human intervention, making them a popular choice among busy homeowners.
The segment that is growing in demand in terms of end users is the non-residential sector. This includes commercial spaces, public gardens and parks, and other non-residential properties. With the increasing trend of creating attractive outdoor spaces in these areas, there has been a rise in demand for efficient and high-quality lawn mowers to maintain these areas.
The segment that is growing in demand for fuel types is electronic, specifically battery-powered mowers. These mowers offer convenience and ease of use with no cords or need for gasoline, which appeals to many consumers. Moreover, as environmental concerns continue to grow, there has been a rise in demand for eco-friendly options like battery-powered mowers. As a result, this segment is expected to drive market growth in the future. Companies can capitalize on this trend by offering efficient and reliable battery-powered lawn mowers tailored to meet consumer needs and preferences.
The Peru Lawn Mower Market report provides a detailed analysis of the following 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. Philippines Lawn Mower Market Overview |
3.1. Philippines Country Macro Economic Indicators |
3.2. Philippines Lawn Mower Market Revenues & Volume, 2021 & 2031F |
3.3. Philippines Lawn Mower Market - Industry Life Cycle |
3.4. Philippines Lawn Mower Market - Porter's Five Forces |
3.5. Philippines Lawn Mower Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6. Philippines Lawn Mower Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7. Philippines Lawn Mower Market Revenues & Volume Share, By Fuel Types, 2021 & 2031F |
4. Philippines Lawn Mower Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Philippines Lawn Mower Market Trends |
6. Philippines Lawn Mower Market, By Types |
6.1. Philippines Lawn Mower Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2. Philippines Lawn Mower Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3. Philippines Lawn Mower Market Revenues & Volume, By Ride-On Mowers, 2021-2031F |
6.1.4. Philippines Lawn Mower Market Revenues & Volume, By Push Mowers, 2021-2031F |
6.2.5. Philippines Lawn Mower Market Revenues & Volume, By Robotic Mowers, 2021-2031F |
6.2. Philippines Lawn Mower Market, By End-Users |
6.2.1. Overview and Analysis |
6.2.2. Philippines Lawn Mower Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3. Philippines Lawn Mower Market Revenues & Volume, By Non-residential, 2021-2031F |
6.3. Philippines Lawn Mower Market, By Fuel Types |
6.3.1. Overview and Analysis |
6.3.2. Philippines Lawn Mower Market Revenues & Volume, By Electronic, 2021-2031F |
6.3.3 Philippines Lawn Mower Market Revenues & Volume, By Non-electronic, 2021-2031F |
7. Philippines Lawn Mower Market Import-Export Trade Statistics |
7.1. Philippines Lawn Mower Market Export to Major Countries |
7.2. Philippines Lawn Mower Market Imports from Major Countries |
8. Philippines Lawn Mower Market Key Performance Indicators |
8.1. Philippines Residential Sector Outlook |
8.2. Philippines Commercial Sector Outlook |
8.3. Philippines Industrial Outlook |
8.4. Philippines Government Spending Outlook |
8.5. Philippines Transport & Infrastructure Outlook |
9. Philippines Lawn Mower Market - Opportunity Assessment |
9.1. Philippines Lawn Mower Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2. Philippines Lawn Mower Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3. Philippines Lawn Mower Market Opportunity Assessment, By Fuel Types, 2021 & 2031F |
10. Philippines Lawn Mower Market - Competitive Landscape |
10.1. Philippines Lawn Mower Market Revenue Share, By Companies, 2024 |
10.2. Philippines Lawn Mower Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |