Scottbang261103 Mar, 2022Business
The market is mature in North America and still in its nascent stages in APAC. The US market was valued at USD 102.5 billion in 2020 and is expected to grow at a modest rate of 2.1% CAGR between 2020 and 2025. Europe is poised to show the highest geographical growth rate (at 3.5% CAGR between 2020 and 2025). Especially in the US, landscaping, and gardening have become some of the most popular hobbies of the millennials which are leading to the growth of the industry.
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