Global Garden Soil Market to Reach US$5.0 Billion by 2030
The global market for Garden Soil estimated at US$3.2 Billion in the year 2023, is expected to reach US$5.0 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2023-2030. Cultivation Application, one of the segments analyzed in the report, is expected to record a 7.6% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the Lawns Application segment is estimated at 6.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.2 Billion While China is Forecast to Grow at 8.9% CAGR
The Garden Soil market in the U.S. is estimated at US$1.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$668.3 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.1% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.
Global Garden Soil Market - Key Trends and Drivers Summarized
Garden soil is a specially formulated medium used in horticulture to grow plants, flowers, and crops in gardens and landscaping projects. Unlike regular dirt, garden soil is enhanced with compost and other organic matter to improve its nutrient content, drainage capabilities, and water retention. It often includes a mix of topsoil, compost, manure, and other natural materials that provide a fertile environment for plant growth. The composition of garden soil can be tailored to suit specific types of plants or gardening conditions, making it versatile for various agricultural and decorative purposes. Proper garden soil is crucial for healthy plant growth, as it not only supports roots and provides essential nutrients but also helps protect against pests and diseases.
The market for garden soil has seen significant growth due to the rising popularity of home gardening and urban farming. With increasing awareness of organic produce`s health benefits, more people are taking up gardening as a hobby and a source of fresh produce. This trend is supported by the growth of community gardens in urban areas, where garden soil is in high demand to ensure productive growth in limited spaces. Furthermore, the push towards sustainable living has led to innovations in garden soil products, including those that incorporate recycled organic waste, which appeal to environmentally conscious consumers. These products not only help in reducing landfill use but also enrich the soil with high-quality organic matter.
The growth in the garden soil market is driven by several factors, including the expansion of the landscaping industry, increased participation in gardening activities, and heightened environmental awareness. The landscaping industry`s growth has created a substantial demand for high-quality garden soil as more homeowners and businesses seek to enhance their outdoor spaces` aesthetic and functional appeal. Additionally, the rise in gardening as a leisure activity has fueled demand for garden soil products, as individuals seek to improve their garden`s health and productivity. Environmental concerns also play a critical role, with more consumers opting for organic and sustainably sourced garden soils to minimize their ecological footprint.
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