$5.9bn
$XXX.Xm
11,111
2,406
$XXX.Xm
The COVID-19 pandemic provided a positive kick for the Garden Supplies retail industry. Stay-at-home orders meant that many Australians redirected their disposable income towards home improvements, especially garden tasks. As household discretionary income expanded, fuelled by governmental subsidies and lower everyday expenditure, sales of garden supplies soared. That’s why industry revenue is expected to grow at an annualised 3.1% over five years through 2023-24, reaching $5.8 billion. Nonetheless, revenue has since started to inch downwards. As household discretionary incomes weaken and consumer sentiment remains negative, industry revenue is anticipated to dip by 2.6% in 2023-24.
Industry revenue has grown at a CAGR of 3.1 % over the past five years, to reach an estimated $5.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Wesfarmers | 1,760.6 | |
Metcash | 174.5 | |
Flower Power Pty Ltd | 29.1 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Trees, shrubs and plants, Other gardening products and Ornamental furnishings. Trees, shrubs and plants is the largest segment of the Garden Supplies Retailing in Australia.
Sales of plants and seedlings have climbed thanks to the popularity of vegetable patches
Industry operators sell garden supplies or nursery goods such as seedlings, bulbs, shrubs, trees, pesticides, fertilisers and other nursery stock. These goods are largely purchased from wholesalers and sold directly to consumers online or through retail outlets. This includes garden centres operated by hardware retailers. Retailers that primarily sell cut flowers and online-only retailers are excluded from the industry.
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ANZSIC 4232 - Garden Supplies Retailing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The COVID-19 pandemic had a largely positive influence on garden supplies retailers. Sales soared in 2019-20 and 2020-21 as consumers had more time to garden due to lockdown ...
Learn about an industry's products and services, markets and trends in international trade.
Sales of plants and seedlings have expanded as more Australians have set up vegetable patches. This rise reflects consumer attitudes increasingly favouring eco-friendly and s...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The cooler temperature of Victoria encourages consumers to buy slow-growing plant species. Victoria is home to about one-third of all garden supplies retailing establishments...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry faces increasing competition following the inclusion of garden centres operated by hardware retailers like Bunnings and Mitre 10. Despite this, existing smaller ...
Learn about the performance of the top companies in the industry.
Small-scale businesses typify the Garden Supplies Retailing industry. Most companies operate only one store, servicing a narrow regional market.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Nursery Award 2010, regulated by the Fair Work Commission, governs the employment of industry personnel. The award includes nursery sector employers and their staff membe...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit margins are climbing further over the current year. Despite the inclusion of garden centres operated by hardware retailers as part of the industry, leading to greater ...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Garden Supplies Retailing industry in Australia is $5.9bn in 2024.
There are 2,406 businesses in the Garden Supplies Retailing industry in Australia, which has grown at a CAGR of 1.5 % between 2019 and 2024.
The market size of the Garden Supplies Retailing industry in Australia has been growing at a CAGR of 3.1 % between 2019 and 2024.
Over the next five years, the Garden Supplies Retailing industry in Australia is expected to grow.
The biggest companies operating in the Garden Supplies Retailing market in Australia are Wesfarmers, Metcash and Flower Power Pty Ltd
Trees, shrubs and plants and Ornamental furnishings are part of the Garden Supplies Retailing industry.
The company holding the most market share in Australia is Wesfarmers.
The level of competition is high and increasing in the Garden Supplies Retailing industry in Australia.