The global gardening and outdoor living industry was worth close to $187 billion in 2011, reports MarketLine. Market growth maintained a yearly rate of 3% in the four-year period ending 2011. Plants, shrubs and growing media represented the leading market segment reaching almost $105 billion, or more than 55% of the overall market.
Global gardening and outdoor living market growth is expected to increase to a yearly rate of almost 3.5% between 2011 and 2016, when it should reach almost $220 billion. The market encompasses various segments including garden tools and utensils, growing media, shrubs, plants and outdoor living. Garden buildings refer to all types of garden structure including sheds, greenhouses, greenhouses and gazebos, along with other items such as paving and fencing.