PUBLISHER: The Business Research Company | PRODUCT CODE: 1615079
PUBLISHER: The Business Research Company | PRODUCT CODE: 1615079
Tree services encompass professional services dedicated to the care, maintenance, and management of trees and other woody plants in both urban and rural settings. The primary objective of these services is to ensure the health, safety, and aesthetic appeal of trees while preserving the surrounding environment.
The main types of tree services include tree care and tree landscaping. Tree care involves the maintenance and management of trees, which includes activities such as pruning, disease treatment, fertilization, and overall health monitoring to promote growth and longevity. This service is applicable to various tree types, including deciduous, coniferous, fruit, and ornamental trees, and is utilized in residential, municipal, and commercial environments.
The tree services market research report is one of a series of new reports from The Business Research Company that provides tree services market statistics, including tree services industry global market size, regional shares, competitors with a tree services market share, detailed tree services market segments, market trends and opportunities, and any further data you may need to thrive in the tree services industry. This tree 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 tree services market size has grown rapidly in recent years. It will grow from $1.14 billion in 2023 to $1.30 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth during the historical period can be attributed to a heightened focus on sustainability, greater demand for services aimed at preventing or cleaning up after storms, rising disposable incomes, government initiatives, and the expansion of landscaping services.
The tree services market size is expected to see rapid growth in the next few years. It will grow to $2.20 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. The anticipated growth during the forecast period can be attributed to urban expansion, a higher frequency of storms, the increasing spread of pests and diseases, municipal regulations, and growth in the real estate sector. Key trends expected in this period include innovations in tree care techniques and equipment, a rising demand for green infrastructure, advancements in pruning tools, the use of drones and other technologies, and an increased focus on tree health assessments.
The anticipated growth of the construction industry is expected to drive the expansion of the tree services market in the future. The construction industry encompasses the economic sector engaged in the design, planning, building, and maintenance of various structures, including infrastructure and buildings. This growth is fueled by the rising demand for modern facilities, urban expansion, and the need to replace or upgrade outdated infrastructure. Tree services are vital to the construction industry, ensuring the effective management of trees and vegetation throughout all phases of construction projects. Their role is essential for both environmental compliance and site preparation. For instance, the US Census Bureau, a US government agency, reported in September 2024 that construction spending was projected at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, reflecting a 6.7% increase from the $2,027.4 billion spent in July 2023. Additionally, total public construction rose to $270,803 million in July 2024, up from $243,948 million in 2023. Thus, the growth of the construction industry is contributing to the expansion of the tree services market.
Key players in the tree services market are concentrating on developing innovative tools, such as battery-powered pruners, which offer convenience, ease of use, and portability. Battery-powered pruners are hand tools that utilize rechargeable batteries to operate a motor for cutting branches, providing mobility and convenience without the hassle of manual effort or power cords. For example, in October 2023, Andreas Stihl AG & Co., a Germany-based forestry company, launched the HTA 150 and HTA 160 Pruners. The HTA 150 pole pruner features a magnesium gearbox for enhanced maneuverability and a fixed shaft for stability and control. It is powered by the AP 300 S 36-volt battery and includes a 10-inch bar with a 3/8-inch PMM3 chain for smooth, low-vibration cuts. It also comes with a branch hook for easy removal of clippings and a foot mount smart kit for ground support. Meanwhile, the HTA 160 is the most powerful battery-operated pole pruner in the AP System, matching the cutting power of the HT 135 gas-powered pruner. It features a telescoping square-shaft design that allows users to reach heights between 9 ft. 4 in. and 13 ft. 3 in., along with a durable gearbox for precise pruning.
In April 2024, Arbor Masters, a US-based tree care company, acquired JCB Tree Service for an undisclosed amount. This acquisition enables Arbor Masters to utilize JCB's established customer base and operational expertise, enhancing their capability to provide comprehensive tree care solutions. JCB Tree Service is a US-based company specializing in tree services.
Major companies operating in the tree services market are BrightView Holdings Inc., Davey Tree Expert Company, SavATree, U.S. Lawns Inc., FA Bartlett Tree Experts Co., Grounds Guys LLC, Timberline Tree Service, Evergreen Tree Care Inc., Jim's Trees SA, JL Tree Service, Tarzan Tree Removal, Eagle Tree Care LLC, Trav's Tree Services, All About Trees LLC, Sydney Tree Company, Tree Care Inc., Pacific Tree Care, Tree Masters Inc., Premier Tree Service Inc., Healthy Trees LLC, Greener Trees, Pro Tree Service, Top Notch Tree Care, Elite Tree Service
Asia-Pacific was the largest region in the tree services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tree services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the tree services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The tree services market includes revenues earned by entities by tree planting, tree health care, emergency tree services, cabling and bracing, tree risk assessment and tree fertilization. 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.
Tree 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 tree 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 tree services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The tree 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.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.