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Landscaping Services in the US - Industry Market Research Report

Landscaping Services in the US - Industry Market Research Report

  • May 2018
  • 35 pages
  • ID: 199123

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In bloom: Steady growth in the housing market will encourage demand for industry services

Abstract

Landscaping Services in the US
The Landscaping Services industry alters, maintains or enhances the visible components of land and property. Demand for industry services is dependent on the health of the housing and property markets, both of which have grown steadily over the past five years. Additionally, since landscaping services are often discretionary, industry demand is dependent on levels of per capita disposable income. The industry also relies on demand from the high-income demographic, which generates a healthy portion of its market, as well as from institutional and commercial clients that result in higher per-service revenue. Similar trends are expected over the five years to 2023 as residential and nonresidential construction activity begins to stabilize. Favorable economic conditions will yield favorable conditions for the Landscaping Services industry as per capita disposable income is expected to rise, thereby increasing households’ ability to purchase industry services. Nonresidential construction activity, which took a tumble in 2015 and 2016, are expected to grow more dynamically, making them the point of emphasis for growth over the next five years.

This industry primarily provides landscape care and maintenance services, including planting trees, shrubs, flowers, lawns or gardens. Industry companies may also design landscape plans or construct walkways, retaining walls, decks, fences, ponds and similar structures. The design of large-scale landscaped areas, such as the campuses of hospitals or schools, is included in the Landscape Design industry (IBISWorld report 54132).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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