Press release
Landscaping Services Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Hess Landscape Architects Inc., Stantec Inc., ScottsMiracle-Gro Company, BrightView Holdings Inc., The ServiceMaster Company
Landscaping Services Market Trends
The Business Research Company offers in-depth market insights through Landscaping Services Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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.
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Market Segmentation:
The main types of landscaping services are landscape and garden maintenance and management, landscape and garden design and construction, landscape and garden enhancement and others. Landscape and garden maintenance and management refer to the practices and activities involved in keeping outdoor spaces, such as gardens, yards, parks, institutional settings, or estates, healthy, clean, safe and attractive. The various services are mowing, cutting and edging grassy areas, trimming bushes, laying sod and others applied in residential, commercial, municipal and others.
Major Driver - Real Estate Boom Fuels Growth In The Landscaping Services Market
The rise in the real estate industry is expected to propel the growth of the landscaping services market going forward. The real estate industry involves buying, selling, leasing and managing properties, including land, buildings and other improvements. Landscaping services are commonly employed in real estate development projects to design and build appealing outdoor spaces that complement the overall design and functionality of the property. For instance, in June 2023, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, a U.S.-based government administration department, the number of privately owned home completions in May 2023 was 1,518,000 on a seasonally adjusted yearly basis. This is 5.0 percent over the May 2022 rate of 1,446,000 and 9.5 percent above the revised April 2023 estimate of 1,386,000. Therefore, the rise in the real estate industry is driving the growth of the landscaping services market.
Competitive Landscape:
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.
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Top Trend - Landscaping Firms Embrace Innovative Technologies To Expand Service Offerings
Companies operating in the landscaping services market are adopting new technologies to sustain their position in the market. The advancements in service offerings can help landscaping companies diversify their client base and increase revenue streams. For instance, in March 2023, Silver Stone Landscaping LLC, a US-based provider of landscaping services, launched Tree Services to provide comprehensive and high-quality tree care solutions for commercial and residential clients. The organization's arborists use innovative techniques and instruments to guarantee that the trees are strong, lively and secure for the building and its occupants.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Landscaping Services Market Characteristics
3. Landscaping Services Market Trends And Strategies
4. Landscaping Services Market - Macro Economic Scenario
5. Landscaping Services Market Size And Growth
…..
27. Landscaping Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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