Outdoor Living as Lifestyle and Rising Demand for Sustainable Landscaping Driving Revenue Growth of Landscaping Services Market, States Fact.MR
Revenue Growth Of Market Participants Is Largely Dependent On The Landscaping Design And Development Services
Rockville, Dec. 12, 2022 (GLOBE NEWSWIRE) — The global landscaping services market is predicted to expand at a CAGR of 5.6% and reach a valuation of US$ 488 billion by the end of 2032, as per Fact.MR, a market research, and competitive intelligence providers.
The market is being driven by the rising popularity of sustainable landscaping practices and the increasing trend of outdoor living worldwide. Landscaping service professionals are highly skilful and provide sustainable solutions such as Xeriscaping. They analyze the soil quality and establish a landscaping infrastructure that requires lower or zero irrigation.
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The outdoor living trend is gaining traction worldwide post-COVID pandemic. Rising preference towards being surrounded by a greener and healthier atmosphere is increasing consumer attention towards outdoor living spaces. A significant rise in disposable income and interest in gardening & landscaping is expected to be a supporting factor in the outdoor living trend, thereby driving target market expansion.
Key Takeaways from Market Study
Between 2022 and 2032, the landscaping services market is set to expand at a CAGR of 5.6%.
Among the regions, the market in East Asia will exhibit the fastest growth at a CAGR of 6.5%.
The commercial sector has captured around 70% market share under the end-user segment.
The global landscaping services market expanded at 3.2% CAGR during 2017 to 2021.
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Surging development in both the residential and commercial sectors is a major factor driving the demand for landscaping services, providing revenue sustainability in the market. With the presence of small and large players, the market is observed to be highly competitive. Acquisitions and mergers of local players by mid- and large-size organizations is playing a commendable role in market expansion, enhancement of service offerings, and consumer integration.
Key companies in Landscaping Services Market
BrightView Holdings Inc.
The Davey Tree Expert Company
Asia Flora & Landscape Sdn Bhd
Chapel Valley Landscape
Owen Chubb Garden Landscapes Ltd
The Lawn Doctors
Aqua World Greentech
Segmentation of Landscaping Services Industry Research
By Service Type:
By End Users:
South Asia & Oceania
Middle East & Africa
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More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global landscaping services market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of service type (landscape design & development, landscape installation, landscape maintenance, landscape enhancement) and end user (commercial (shopping centers, hospitals, city parks, corporate complexes), residential (independent houses/villas , multi-storey complexes)), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Table of Content
1. Executive Summary – Global Market
2. Market Overview
2.1. Market Definition and Introduction
2.2. Market Taxonomy/Research Scope
3. Market Characteristic – Bird Eye View
3.1. Number of Active Enterprises by Key Countries
3.2. Average Operating Margin
3.3. Threshold of Revenue Volatility
3.4. Consistency in Demand
3.5. Key barriers to entry
3.6. Key customer archetypes
4. Market Background and Foundation Data
4.1. State of Landscaping Industry, By Key Countries
4.2. Penetration of by Different Industry Verticals, 2017-2021
4.3. Recent development in Market
4.4. Investment feasibility assessment, by region
4.5. Service Offering Analysis by Key Players
4.6. Market Dynamics
4.6.1. Key Growth Drivers
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