PUBLISHER: The Business Research Company | PRODUCT CODE: 1415729
PUBLISHER: The Business Research Company | PRODUCT CODE: 1415729
“Landscaping Services Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on landscaping services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for landscaping services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The landscaping services market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Landscaping services encompass a range of activities focused on enhancing and maintaining the appearance and functionality of outdoor spaces, excluding construction-related improvements. These services involve tasks like sodding and sowing to yield capital improvements to the land. Landscaping involves planning, constructing, and preserving various elements, including plants, trees, shrubs, flowers, grass, as well as hardscapes like pathways, patios, and retaining walls.
The primary types of landscaping services include landscape and garden maintenance and management, landscape and garden design and construction, and landscape and garden enhancement. Landscape and garden maintenance and management pertain to the practices and tasks essential for preserving the health, cleanliness, safety, and visual appeal of outdoor spaces like gardens, yards, parks, institutional settings, and estates. This encompasses services such as mowing, grass cutting, edging, bush trimming, and sod installation, among others, offered in residential, commercial, municipal, and others.
The landscaping services market research report is one of a series of new reports from The Business Research Company that provides landscaping services market statistics, including landscaping services industry global market size, regional shares, competitors with a landscaping services market share, detailed landscaping services market segments, market trends and opportunities and any further data you may need to thrive in the landscaping services industry. This landscaping services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The landscaping services market size has grown strongly in recent years. It will grow from $297.56 billion in 2023 to $320.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to improvements in the real estate and housing industries, rapid urbanization, innovation in landscaping techniques, rising popularity of organic gardening.
The landscaping services market size is expected to see strong growth in the next few years. It will grow to $418.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to accessibility to high-tech landscaping products, government investments in research and development, growing emphasis on sustainability, changing lifestyle. Major trends in the forecast period include smart landscaping, technological advancements, online landscaping services, landscape lighting.
The surge in the real estate industry is set to drive the growth of the landscaping services market in the foreseeable future. The real estate sector encompasses activities related to the acquisition, sale, leasing, and management of properties, which includes land, buildings, and associated improvements. In real estate development projects, landscaping services play a pivotal role in crafting attractive outdoor spaces that harmonize with the overall property design and functionality. For example, as reported in June 2023 by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the seasonally adjusted annual rate of privately-owned home completions in May 2023 reached 1,518,000-an increase of 5.0 percent compared to May 2022's rate of 1,446,000, and a notable 9.5 percent surge from the revised April 2023 estimate of 1,386,000. This underlines how the upswing in the real estate industry is a significant driving force behind the landscaping services market's growth.
The rise in environmental awareness is poised to be a significant driver of growth in the landscaping services market. Environmental awareness entails a heightened recognition and concern among individuals and communities regarding the critical need to preserve and safeguard the natural world. This awareness translates into increased efforts towards sustainability and conservation. Landscaping services play a pivotal role in promoting environmental consciousness by integrating sustainable and eco-friendly practices in design, construction, and maintenance processes, effectively demonstrating the benefits of harmonious coexistence with nature. For instance, data from the Office for National Statistics (ONS) Opinions and Lifestyle Survey (OPN) in November 2021 indicated that 75% of adults in the UK expressed concern about the impacts of climate change in October 2021. This underscores how the growing environmental awareness is a key driver behind the growth of the landscaping services market.
The landscaping services market has been adversely affected by labor shortages. A labor shortage arises when there are insufficient workers to fill available job positions within a specific industry. This shortage has created a challenging operational environment for the landscaping services sector, impeding its capacity to meet escalating demand while maintaining service quality. For instance, in June 2022, the National Association of Landscape Professionals, a US-based organization representing landscape professionals, reported that 43% of landscaping companies expressed concern about labor shortages and the potential repercussions for the industry. Consequently, labor shortages pose a significant obstacle to the growth of the landscaping services market.
Landscaping service providers are integrating cutting-edge technologies to maintain their competitive edge in the market. These innovations in service offerings enable landscaping companies to expand their customer base and ultimately enhance their revenue streams. This highlights the industry's proactive approach in embracing modern technology to stay relevant and meet evolving market demands. For instance, in March 2023, Silver Stone Landscaping LLC, a US-based landscaping service provider, introduced Tree Services, offering extensive and top-tier tree care solutions for both commercial and residential clients. The organization's skilled arborists employ state-of-the-art techniques and specialized tools to ensure that the trees are robust, vibrant, and safe for the property and its occupants. This initiative underscores the company's commitment to delivering exceptional care for trees within various environments.
In January 2023, BrightView Holdings Inc., a US-based company specializing in commercial landscaping services, acquired Island Plant Company LLC for an undisclosed sum. This strategic acquisition has fortified BrightView's position in the commercial landscaping sector and added valuable expertise to its portfolio. Island Plant Company LLC, based in the US, is recognized for its expertise in landscaping services for resorts and condominiums.
Major players in the landscaping services market are Hess Landscape Architects Inc., Stantec Inc., ScottsMiracle-Gro Company, BrightView Holdings Inc., The ServiceMaster Company, Yellowstone Landscape Inc., The Davey Tree Expert Company, Weed Man USA, Ruppert Landscape LLC, U.S. Lawns, Gothic Landscape Inc., LandCare LLC, Clintar Landscape Management Company, Chapel Valley Landscape Co Inc., The Grounds Guys LLC, The Brickman Group Ltd., Mainscape Inc., Denison Landscaping Inc., Lawn Doctor Inc., Dixie Landscape LLC, Ryan Lawn & Tree Inc., Pierre Landscape Inc., Brogan Landscaping Inc., Green Options Pty Ltd., Christy Webber Landscapes, Renew Design Group, ValleyCrest Companies, Lawns and Palms Inc., EarthTones Design Inc., Vila & Son Landscaping Corporation .
North America was the largest region in the landscaping services market in 2023. The regions covered in landscaping services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the landscaping services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The landscaping services market includes revenues earned by entities by providing services such as pruning, hedging, lawn protection, mulching, yard cleaning and feed. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.