Which is the best lawn mower?
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The latest news on India’s lawn care equipment market, with an emphasis on lawn care accessories.
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In 2017, there were more than 3.7 million units sold, according to research firm IDC.
The report also found that the average cost of a lawn mow is Rs.4,093.
The highest price was Rs.5,800 for a lawn care machine.
This year, the price has risen by almost 8 per cent, while the average price for a machine has risen to Rs.7,300 from Rs.6,500.
“The price of the equipment in 2017 was higher than the previous year due to a rise in cost due to government incentives, but that’s because of a shortage of lawn care machines, not a lack of demand,” IDC India analyst Anil Verma said.
India has a shortage and a high price, but also a surplus.
In India, the number of people needing a lawnmower has risen from about 30 million in 2016 to around 45 million in 2019.
According to IDC, in the first five months of 2019, there was an increase in demand for lawn care products, and in total, there has been an increase of about 9 per cent in demand from 2015.
Since there is a large supply, the supply is expected to continue rising, with the average unit cost going up by over 5 per cent.
However, the average pricing for the machines remains at around Rs.3,800, as opposed to Rs 5,800 in previous years.
At the end of 2017, the biggest demand was from India’s small and medium enterprises, where the average demand for a mower was around Rs 3,000 per unit.
IDC said that the increase in prices for lawncare equipment in the past year was mainly due to the government’s new incentives for the private sector.
While the government had announced the new incentives in April 2017, in 2019, it had announced new incentives only in February, which meant that the government did not have the incentives in place yet.
It is hoped that the new rules will bring the mower into a more normal market environment, where customers will have more choices, and hence, lower prices.
The latest news on India’s lawn care equipment market, with an emphasis on lawn care accessories.Read More…In 2017, there were…