Perfectly groomed: Strong growth in downstream markets has been driving demand for industry products

The Farming, Lawn and Garden Equipment Wholesaling industry in Texas distributes machinery purposed for farming, such as tractors and harvesters, as well as machinery and equipment used for lawn and garden maintenance. Over the five years to 2017, industry revenue is estimated to have increased.While the leading downstream buying market has experienced weak performance over the five-year period, strong growth in other downstream markets has been driving demand for industry products.Revenue is forecast to continue to increase over the five years to 2022, though different forces will be driving this growth. While nonresidential construction in Texas is expected to grow at a strong rate, it is expected to do so at a considerably slower rate than the previous five years...read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 12-17
6.9%
Forecast Growth 17-22
Profit
Employment
7,826
Businesses
606

Industry Threats & Opportunities

  • Continued growth in demand for parts and components of farming machinery has helped support demand
  • Staggering growth in nonresidential construction has helped promote demand
  • With the price of agricultural products increasing, downstream buyers will have increased spending money
  • Industry Report - Industry Locations Chapter

    The distribution of establishments in the Farm, Lawn and Garden Equipment Wholesaling industry in Texas follows trends in agriculture, ranching and population. The Texas Panhandle region accounts for the greatest percentage of establishments, containing an estimated 26.0% of establishments. While this region only accounts for 5.1% of the state's population, this region is home to high agricultural activity, including cotton farming and cattle ranching. As a result, numerous establishments are set up in this region to be in close proximity to key downstream markets. Following the panhandle region is the North region, accounting for 16.1% of establishments. The...purchase to read more.

    Additional Insights for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry are

  • Proximity to key markets
  • Having a loyal customer base
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Agricultural price index and Value of private nonresidential construction in Texas in the Farm, Lawn & Garden Equipment Wholesaling in Texas industry impact industry performance..

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    What's in this report

    What is the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry?

    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 markets, namely farms and other wholesalers that make the goods available to end consumers.

    Industry Products
  • Farm machinery and equipment
  • Farm machinery and equipment
  • Lawn and garden machinery and equipment
  • Service receipts and labor charges
  • Industry Activities
  • Agricultural and harvesting machinery and equipment wholesaling
  • Lawn mower wholesaling
  • Agricultural implement wholesaling
  • Cultivating machinery and equipment wholesaling
  • Garden machinery and equipment wholesaling
  • Irrigation equipment wholesaling
  • Farm plow wholesaling
  • Farm-type sprayer wholesaling
  • Farm and garden tiller wholesaling
  • Farm and garden tractor wholesaling
  • Similar Industries
  • Home Improvement Stores
  • Nursery & Garden Stores
  • Used Goods Stores
  • Appliance Repair
  • Construction & Mining Equipment Wholesaling in California
  • Industrial Machinery & Equipment Wholesaling in California
  • Industrial Supplies Wholesaling in California
  • Construction & Mining Equipment Wholesaling in New York
  • Industrial Machinery & Equipment Wholesaling in New York
  • Industrial Supplies Wholesaling in New York
  • Construction & Mining Equipment Wholesaling in Illinois
  • Farm, Lawn & Garden Equipment Wholesaling in Illinois
  • Industrial Machinery & Equipment Wholesaling in Illinois
  • Industrial Supplies Wholesaling in Illinois
  • Construction & Mining Equipment Wholesaling in Texas
  • Industrial Supplies Wholesaling in Texas
  • Industrial Machinery & Equipment Wholesaling in Texas
  • Construction & Mining Equipment Wholesaling in Florida
  • Industrial Machinery & Equipment Wholesaling in Florida
  • Industrial Supplies Wholesaling in Florida
  • Industrial Machinery & Equipment Wholesaling in Massachusetts
  • Industrial Supplies Wholesaling in Massachusetts
  • Construction & Mining Equipment Wholesaling in Ohio
  • Industrial Supplies Wholesaling in Ohio
  • Industrial Machinery & Equipment Wholesaling in Ohio
  • Construction & Mining Equipment Wholesaling in Pennsylvania
  • Industrial Machinery & Equipment Wholesaling in Pennsylvania
  • Industrial Supplies Wholesaling in Pennsylvania
  • Construction & Mining Equipment Wholesaling in New Jersey
  • Industrial Machinery & Equipment Wholesaling in New Jersey
  • Industrial Supplies Wholesaling in New Jersey
  • Industrial Machinery & Equipment Wholesaling in Georgia
  • Industrial Supplies Wholesaling in Georgia
  • Industrial Machinery & Equipment Wholesaling in Michigan
  • Industrial Supplies Wholesaling in Michigan
  • Industrial Machinery & Equipment Wholesaling in Wisconsin
  • Industrial Supplies Wholesaling in Wisconsin
  • Industrial Machinery & Equipment Wholesaling in Washington
  • Industrial Supplies Wholesaling in Washington
  • Industrial Machinery & Equipment Wholesaling in Virginia
  • Industrial Supplies Wholesaling in Virginia
  • Industrial Machinery & Equipment Wholesaling in Tennessee
  • Industrial Supplies Wholesaling in Tennessee
  • Construction & Mining Equipment Wholesaling in Missouri
  • Farm, Lawn & Garden Equipment Wholesaling in Missouri
  • Industrial Machinery & Equipment Wholesaling in Missouri
  • Industrial Machinery & Equipment Wholesaling in North Carolina
  • Industrial Supplies Wholesaling in North Carolina
  • Industrial Machinery & Equipment Wholesaling in Minnesota
  • Industrial Supplies Wholesaling in Minnesota
  • Industrial Machinery & Equipment Wholesaling in Maryland
  • Industrial Supplies Wholesaling in Maryland
  • Industrial Machinery & Equipment Wholesaling in Colorado
  • Industrial Supplies Wholesaling in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Agricultural price index
  • Value of private nonresidential construction in Texas
  • Total recreation expenditure
  • Domestic corn production

  • Current Performance
  • Contrasting demand
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising demand
  • Landscape outlook
  • Table: Farm, Lawn & Garden Equipment Wholesaling in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Farm, Lawn & Garden Equipment Wholesaling in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Soybean Farming
  • Wheat, Barley & Sorghum Farming
  • Hay & Crop Farming
  • Dairy Farms
  • Crop Services
  • Lawn & Outdoor Equipment Stores
  • Landscaping Services

  • Key Selling Industries
  • Engine & Turbine Manufacturing
  • Ferrous Metal Foundry Products
  • Hand Tool & Cutlery Manufacturing
  • Steel Rolling & Drawing
  • Tractors & Agricultural Machinery Manufacturing

  • Products & Services
  • Farm machinery and equipment
  • Farm machinery and equipment
  • Lawn and garden machinery and equipment
  • Other
  • Service receipts and labor charges
  • Chart: Farm, Lawn & Garden Equipment Wholesaling in Texas Industry Products and Services Segmentation

  • Major Markets
  • Agricultural markets
  • Retailers and other wholesalers
  • Other nonfarming businesses
  • Chart: Major Market Segmentation for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Farm, Lawn & Garden Equipment Wholesaling in Texas

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry

  • HOLT Texas Ltd., Horizon Distributors Inc., MSC Industrial Direct Co. Inc., W.W. Grainger Inc.,
  • Table: HOLT Texas Ltd. - financial performance
  • Table: Horizon Distributors Inc. - financial performance
  • Table: MSC Industrial Direct Co. Inc. - financial performance
  • Table: W.W. Grainger Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Farm, Lawn & Garden Equipment Wholesaling in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Agricultural price index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Combine
  • A harvester used for grain crops. Its name comes from its combination of processes, including cutting, gathering, loosening and separating the edible parts of the grain from its casing.
  • Tillage
  • Agricultural preparation of the soil through plowing, ripping or turning.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries whereby producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Farm, Lawn & Garden Equipment Wholesaling in Texas is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Farm, Lawn & Garden Equipment Wholesaling in Texas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Farm, Lawn & Garden Equipment Wholesaling in Texas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Farm, Lawn & Garden Equipment Wholesaling in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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