Market Insights Consumer DIY & Hardware Store

Lawn & Garden - Spain

Spain

In Spain, the revenue in the Lawn & Garden market reached an impressive €2.70bn in 2024.
Looking ahead, the market is projected to experience an annual growth rate of 0.94% (CAGR 2024-2029).
When compared globally, in the United States takes the lead in revenue generation, bringing in a staggering €122bn in 2024.
Considering the population figures, each person in Spain contributed €56.83 in revenue in 2024.
Spain's growing interest in sustainable gardening has led to an increased demand for organic fertilizers and eco-friendly gardening tools.

Key regions: Germany, Nigeria, Brazil, India, China

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The DIY & Hardware Store market in Spain has seen minor growth due to factors such as low consumer interest in lawn and garden products, lack of advanced digital technologies, and limited online presence of retail stores.

Customer preferences: As Spain's population continues to age, there is a growing demand for products and services that cater to seniors in the Lawn & Garden Market within the DIY & Hardware Store Market. This trend is driven by the desire for individuals to age in place and maintain their independence. As a result, there has been an increase in the availability of specialized tools and equipment to make gardening and lawn care tasks easier for older individuals. Additionally, there has been a rise in the popularity of garden maintenance services, particularly for those with limited mobility or who are unable to handle physically demanding tasks. This shift towards catering to the needs of seniors in the lawn and garden market highlights the significance of consumer preferences and evolving lifestyle factors in shaping the market.

Trends in the market: In Spain, the Lawn & Garden market within the DIY & Hardware Store Market is experiencing a surge in demand for environmentally friendly and sustainable products as consumers become more conscious of their impact on the environment. This trend is expected to continue as consumers prioritize eco-friendly options and as government regulations on sustainability increase. This presents an opportunity for industry stakeholders to introduce and promote eco-friendly products, as well as to invest in sustainable practices and innovation to stay competitive. Furthermore, the rise of e-commerce in the DIY & Hardware Store Market is also impacting the Lawn & Garden market, with online sales expected to grow in the coming years. This presents an opportunity for businesses to expand their online presence and offer a wider range of products to reach a larger customer base. Additionally, with the increase in DIY projects during the pandemic, there is a growing trend of consumers turning to gardening and outdoor activities for leisure and stress relief. This trend is expected to continue post-pandemic, leading to the development of innovative and convenient lawn and garden products to cater to this demand.

Local special circumstances: In Spain, the Lawn & Garden market within the DIY & Hardware Store Market is heavily influenced by the country's rich history of agriculture and gardening. Traditional gardening methods and a love for nature have led to a strong demand for high-quality gardening products. Additionally, with a growing trend towards eco-friendly and sustainable practices, there is a rising demand for organic gardening supplies in the market. This unique focus on traditional and environmentally conscious gardening sets Spain apart from other markets.

Underlying macroeconomic factors: The Lawn & Garden Market within the DIY & Hardware Store Market in Spain is greatly impacted by macroeconomic factors such as consumer spending patterns, housing market trends, and government policies on home improvement. In recent years, the Spanish economy has shown significant growth, with rising disposable incomes and a robust housing market. This has driven the demand for DIY and hardware products, including lawn and garden tools and equipment. Furthermore, favorable government policies, such as tax incentives for home renovations, have also contributed to the growth of the market. With the increasing focus on sustainability and outdoor living, the demand for quality lawn and garden products is expected to continue to rise, further bolstering the market's growth.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.