Landscaping Services in the US
Steady growth in the domestic housing market has underpinned the Landscaping Services industry's growth over the five years to 2017. IBISWorld expects the value of residential construction to increase during the five-year period, and confidence in the housing market remains strong. A healthier housing market has encouraged current homeowners to invest in their property to increase its value amid growing disposable income. Similar trends are expected over the five years to 2022 as residential and nonresidential construction activity begins to stabilize. Favorable employment trends will result in disposable income growth, thereby increasing households' ability to purchase industry services. Nonresidential markets, 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.