Industry Analysis & Industry Trends
Declining revenue, slim profit margins and exiting operators have characterized the Nursery and Garden Stores industry over the five years to 2015. While demand for discretionary nursery and garden products has improved since the economic downturn, intense price-based competition from home improvement stores and mass merchandisers has limited the benefits accrued by the industry. As a result, revenue has declined throughout most of the period, and both employment and establishment figures have dropped. These trends will continue in the five years to 2020, exacerbated by slowing growth in the population aged 50 and over, the industry's largest market... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Nursery and Garden Stores industry is in the declining stage of its life cycle. Industry value added (IVA), which measures an industry's contribution to GDP, is falling over the 10 years to 2020 at an average annual rate of 2.5%, while GDP grows at an average annual rate of 2.5% over the same period.
High competition limits the industry's opportunities for expansion. Alternative nursery and garden supply outlets such as home improvement stores and mass merchandisers create intense price competition for this industry's operators. As a result, profit margins have remained suppressed and companies have left the industry... purchase to read more