The UK domestic garden products distribution market was worth an estimated £4.9bn in 2017 at retail selling prices (RSP), representing an increase of 3% compared to the previous year.
Both the weather and the state of the economy influence growth rates within the garden products distribution market. A strong interest in home improvement, which extends to the garden, has also stimulated growth in this sector.
“The DIY sector and garden centres account for the majority of sales of garden products, reflecting their diverse product range, especially in garden equipment and leisure products, but these are facing increasing competition from other channels - in particular online specialists, but also discount chains and grocery stores” said Fiona Watts, Editor at AMA Research.
“Although most larger DIY outlets have embraced the internet as a distribution channel, there is significant scope for existing retailers to develop internet sales, particularly in the garden centre sector.”
The UK is undergoing a period of political and economic uncertainty, as negotiations for Brexit continue. This has created a number of issues, such as potential seasonal labour shortages within the horticultural sector and the rising costs of imported garden products and components. Price competition will, however, constrain market value to some degree, despite any price increases, due to the rising cost of imports.
Our market forecasts assume moderate growth within the garden products distribution sector, from 2018 – 2022, underpinned by sustained demand for housing and interest in home improvement. The market is forecast to grow by around 2% per year until the end of the forecast period, assuming UK weather patterns over this period are not severe.
The ‘Garden Products Distribution Market Report – UK 2018-2022’ report is published by AMA Research, a leading provider of market research and consultancy services with over 25 years’ experience within the construction and home improvement markets. The report is available now and can be ordered online at www.amaresearch.co.uk or by calling 01242 235724.
