$155.1bn
$X.Xbn
128k
7,276
$XX.Xbn
The Farm, Lawn and Garden Equipment Wholesaling industry deals with a vast array of equipment, such as new and used tractors, harvesting machines, livestock feeders, lawn mowers, gardening tools and replacement parts. Major agricultural corporations are the industry’s primary downstream customers, supplemented by retailers and nonresidential building construction. Key performance indicators closely tied to the agricultural market, like the agricultural price index, domestic corn production and the oil and natural gas index, significantly influence the growth of the industry. Industry revenue has increased at a CAGR of 5.7% to $155.1 billion over the five years to 2024, including an increase of 4.6% in 2024 alone.
Industry revenue has grown at a CAGR of 5.7 % over the past five years, to reach an estimated $155.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Horizon Distributors Inc. | 296.8 | 10.2 | 3.4 |
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Industry revenue is measured across several distinct product and services lines, including New farm tractors, New land preparation, planting, cultivating and harvesting machinery and Other new farm machinery and equipment. New farm tractors is the largest segment of the Farm, Lawn & Garden Equipment Wholesaling in the US.
Increased demand for farmland machinery and equipment owing to high commodity prices
This industry includes companies that primarily purchase specialized machinery, equipment and related parts used in agricultural and consumer segment activities (e.g. farm, lawn and garden). This equipment is then sold to downstream customers, namely farms and other wholesalers, that make the goods available to end consumers.
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NAICS 42382 - Farm, Lawn & Garden Equipment Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Sales of pre-owned equipment have been popular because of the supply chain disruptions during the COVID-19 pandemic. Pre-owned equipment are remaining attractive because of i...
Learn about an industry's products and services, markets and trends in international trade.
Demand for used equipment and machinery will remain high as inflation persists. Used equipment is far less expensive, so cash-strapped farmers and homeowners opt for lower pr...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Regions with lots of farming contain many farm, lawn and garden equipment wholesalers. Many companies have moved to states where farming is prevalent to take advantage of the...
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 prevalence of nonemployers keeps market share concentration low. Many owner-operators make it difficult for large companies to gain more of a foothold in the market since...
Learn about the performance of the top companies in the industry.
The largest company comprises less than 1.0% of revenue, revealing how fragmented the industry is. This shows how the market for farm, lawn and garden equipment wholesalers i...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Environmental regulations have caused wholesalers to reorganize their costs. These regulations make fuel more expensive, so many companies have had to come up with ways to ma...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
High farm prices remain key for many wholesalers, as they’ve kept profit from falling. High agricultural prices significantly increased revenue despite rising wages and purch...
Including values and annual change:
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Key data sources in the US 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 Farm, Lawn & Garden Equipment Wholesaling in the US industry in United States is $155.1bn in 2024.
There are 7,276 businesses in the Farm, Lawn & Garden Equipment Wholesaling in the US industry in United States, which has grown at a CAGR of 0.8 % between 2019 and 2024.
The market size of the Farm, Lawn & Garden Equipment Wholesaling in the US industry in United States has been growing at a CAGR of 5.7 % between 2019 and 2024.
Over the next five years, the Farm, Lawn & Garden Equipment Wholesaling in the US industry in United States is expected to grow.
The biggest company operating in the Farm, Lawn & Garden Equipment Wholesaling market in United States is Horizon Distributors Inc.
Farm machinery and equipment and Lawn and garden equipment are part of the Farm, Lawn & Garden Equipment Wholesaling in the US industry.
The company holding the most market share in United States is Horizon Distributors Inc..
The level of competition is high and steady in the Farm, Lawn & Garden Equipment Wholesaling in the US industry in United States.