Lawn and Garden Equipment Manufacturers NAICS 333112

Jun 13, 2025 - Green Industry Bookings Drop, Revenue Rises

• Providers of lawn care and landscaping – “Green” services – have seen bookings gradually soften in 2025 after a strong start in January, according to the recently released Home Service Economic Report by Jobber, a job tracking and customer management software firm. After an 8% year-over-year increase in bookings in January, demand dropped 14% in February and posted a modest 1% gain in March. Unfavorable weather conditions and consumer hesitancy to take on non-essential projects likely led to the Q1 drop in green services demand. However, while new bookings fell, green revenues rose 6% year-over-year in Q1 2025, driven by a 5% increase in average invoice size. Bundling of seasonal service offerings and modest price increases helped boost revenue. Landscaping services spending help drive demand for lawn and garden equipment.
• US outdoor power equipment (OPE) dealers saw same-store sales fall 3% in May 2025 compared to the same month in 2024, according to Constellation Dealer Services. OPE dealers’ service departments saw the biggest drop in year-over-year sales in May with a decline of 4%. Dealers’ wholegoods department sales declined 3% and parts department sales experienced a 1% drop. Regionally, OPE dealers in the West saw the biggest drop in May sales with a decline of 12% compared to a year earlier, followed by the Northeast and the Midwest, which saw declines of 5% and 2%, respectively. Same-store OPE dealer sales in the South increased 1% in May 2025 over the same period in 2024.

• In recent calls with analysts discussing first-quarter results, executives at Lowe’s and Home Depot reiterated their firms’ full-year guidance for 2025, according to Retail Dive. Home Depot posted a 9.4% year-over-year rise in Q1 revenue and stuck to its full-year guidance of 2.8% sales growth for 2025. Lowe’s notched a Q1 revenue decline of 2% but reiterated its 2025 guidance of sales between $83.5 billion and $84.5 billion. Home Depot’s CEO said the company did not intend to raise prices due to tariffs. More than half of Home Depot’s purchasing is sourced from the US, and by mid-2026, the firm believes that no country outside the US will account for more than 10% of its purchases. Lowe’s CEO didn’t explicitly rule out price hikes due to tariffs, but he said the firm will remain competitive on price. About 60% of Lowe’s purchases are sourced in the US, and about 20% are from China. Lowe’s and Home Depot are leading retailers of lawn and garden equipment.
• At an industry event in April, landscaping professionals shared their real-world experiences using battery-powered lawn and garden equipment, according to OPE+. Adoption of battery-powered equipment among landscapers is low, about 5%, according to equipment manufacturer Kress. Penetration into the consumer market has been similarly weak. Key complaints include long charging times and weak power, which some manufacturers argue are issues the industry has largely solved. However, some landscape professionals said they were disappointed by the performance of some battery-powered products and expressed concerns about adequate charging infrastructure. Others reported that the reduced maintenance needs of battery-powered equipment led to less downtime per worker per day, which improved efficiency.