The Highly Competitive Market for Lawn & Garden Equipment

Sales of lawn and garden equipment have been sluggish in recent years. Sales peaked in 2005 and have been declining and struggling to pick up ever since.

Despite these continued challenges, consumer research firm Packaged Facts projects retail sales will increase by a CAGR of 3 percent in the U.S. to reach $11.8 billion by 2019. Read on to learn more.

Topics: House & Home Industry Insights

3 Trends to Watch in US Personal Care Appliances

There are a number of trends causing shake-ups in the personal care appliance market, leading to some interesting questions.

  • Why is a vacuum company making hair dryers?
  • How do the increasingly active lifestyles of elderly Americans present an opportunity for appliance companies?
  • And what on Earth is “peak beard”?

If you want the answers to all these questions (and more), read on.

Topics: House & Home Consumer Electronics Industry Insights The Freedonia Group

3 Top Trends in DIY Home Improvement

As the economy improves, do-it-yourself consumers will flock to Home Depot and Lowe’s to renovate their homes and get started on projects that have been put on hold since the collapse of the housing market.

TechNavio, a leading research and advisory company, expects the global DIY market to rise at a CAGR of 3 percent from 2016 to 2020.

Topics: House & Home Industry Insights

Domestic Robots Now and in the Future

Has the robot invasion begun? According to Tractica, a market intelligence firm that focuses on human interaction with technology, the consumer robotics revolution is “well and truly underway.”

Learn about the growing demand for domestic robots and what hurdles the market faces in the next few years.

Topics: House & Home Consumer Electronics Industry Insights

27 Top Trends in the House and Home Industry has released a new e-book that highlights the top trends in the house and home industry. Drawing on insights from a number of premier market research firms, this e-book gives you expert forecasts on a wide variety of consumer goods from furniture to smart appliances to landscaping products.

This e-book will help you get up to speed quickly on innovative technologies that are transforming the industry and influential factors that are changing the demand for household products in key regions around the world.

Topics: House & Home Industry Insights

The Growing Demand for Self-Storage & Moving Services

Services for self-storage and moving — fixed storage, mobile storage, climate-controlled, and not climate-controlled, full-service moving, and DIY truck rentals — are expected to reach $71 billion in revenues in 2020. Advances will be driven by increased mobility nationwide, as people and businesses are starting to relocate at higher rates following the recession and extended slow recovery. Growth will also stem from the lack of storage space in many US homes. 

As one might guess, revenues for these services vary significantly by region, state, and municipal area. Regional markets are primarily influenced by local factors such as population size, density, age distribution, mobility, homeownership rates, and growth trends. 

Topics: House & Home Industry Insights The Freedonia Group

Lawn & Garden Month: Sales & Statistics [INFOGRAPHIC]

As an introduction into the spring season, April has been dubbed Lawn and Garden Month. With the weather warming up and trees starting to bloom, it’s the perfect time for consumers to get their yards ready for new landscaping, plants, and gardens.

Read our blog post and check out our infographic to learn about the market for lawn and garden equipment and supplies.

Topics: House & Home Packaged Facts

3 Reasons Sales of Green Household Products Are Dropping

Can marketers persuade mainstream consumers to buy eco-friendly cleaning products? It's been a real challenge for mass brands like Clorox, Arm & Hammer, and Windex in recent years. After growing at a rapid pace through 2010, the market for green household cleaners and laundry products declined at a compound annual growth rate (CAGR) of 2 percent from 2010 to 2014. With insights from industry expert Packaged Facts and its new report Green Household Cleaning and Laundry Products in the U.S., 3rd Edition, we have identified three key factors that are contributing to the drop in sales.

Topics: House & Home Packaged Facts

Market Trends for Locks, Safes, and Vaults

The mechanical security industry, including locks, safes, and vaults, will grow 5.4 percent annually through 2020 to $6.1 billion. The large lock segment accounted for 72 percent of industry demand in 2015 and will drive growth. The recovering construction industry will support demand, while ongoing shifts to higher value electrified products, particularly door locks and door security hardware that are used with electronic access control systems, will assist gains, too. The need for electrified versions of mechanical security products will continue to rise as access control and other such systems are installed at more entry points. The newly published study Mechanical Security Products further discusses the markets.

Topics: House & Home Industry Insights The Freedonia Group

Landscaping Trends for 2016 and Beyond

As the U.S. economy continues to recover from the effects of the recession, landscaping products such as lighting, pavers, heating elements, and synthetic turf will see increased demand from consumers and professionals. Healthy annual growth of 5.3 percent is forecasted through 2019. In 2014, decorative products were the largest category, with outdoor lighting receiving increased attention.

To find out what's in store for 2016, read on to learn about three major trends that are shaping the $6.3 billion industry for landscaping products in the U.S.

Topics: House & Home Retail Manufacturing & Construction Industry Insights The Freedonia Group