The landscaping services market is valued at USD 314.35 billion in 2023 and is projected to grow to USD 573.67 billion by 2033, with a CAGR of 6.2% during the forecast period.
How Does Government Support Upsurge of the Global Market?
There are several ways the government support the landscaping industry, including:
- Regulation: Government may implement landscaping regulations, such as water usage restrictions or the use of certain chemicals. These regulations can help promote environmentally sustainable practices and ensure that landscaping services are conducted safely.
- Funding: Government may provide funding for landscaping projects in public spaces, such as parks and government buildings. It can create job opportunities for landscaping professionals and help beautify communities.
- Tax Incentives: Governments may offer tax incentives for businesses that invest in sustainable landscaping practices or for homeowners who install energy-efficient landscaping features, such as solar-powered outdoor lighting.
- Training and Education: Governments may provide training and education programs for landscaping professionals to help improve service quality and promote sustainable practices.
- Research and Development: Governments may invest in research and development related to landscaping practices, such as developing new technologies for efficient irrigation or using native plants in landscaping. It helps the industry to stay current and competitive.
A few general trends in the landscaping services market include:
- Increasing demand for eco-friendly and sustainable landscaping services such as native plants and the implementation of water conservation measures.
- The growing interest in outdoor living spaces, including the installation of patios, decks, and outdoor kitchens. The incorporation of features such as fire pits and outdoor lighting.
- Technological advancements in landscaping equipment and software provide high-quality professional landscaping services.
- The rising popularity of lawn care and landscaping services among commercial and residential clients.
- Promoting green infrastructure by the government to reduce carbon emissions.
Key Takeaways:
- The market is securing a CAGR of 6.2% with a valuation of US$ 573.67 billion by 2033.
- The United States is dominating the global market by registering a maximum share by 2033.
- The landscaping services market is predicted to secure a valuation of US$ 314.35 billion in 2023.
Innovation by Key Players in the Global Market
Key players are constantly evolving with innovations with adopting advanced technologies. Several innovations by key players in the market are:
- Use of Technology: Many landscaping companies use technology to enhance their services. It includes using a drone for aerial inspections, implementing 3D modelling and providing virtual tours to clients using GPS tracking.
- Sustainable Practices: With growing environmental concerns, key companies are incorporating sustainable practices into their operations. It includes eco-friendly products, water-saving techniques and others.
- Customized Designs: The key companies offer customized designs tailored to their client’s needs and preferences. It may include incorporating unique features like outdoor kitchens, fire pits, and water features.
- Collaborative Approach: Several marketing companies are collaborating with their clients that meet their needs with a budget. These companies involve listening to their client’s ideas and concerns and providing them with expert advice to ensure the best outcome.
Prominent Players in the Market are
- BrightView Landscapes, LLC
- The Davey Tree Expert Company
- TruGreen
- The Brickman Group, Ltd.
- The Grounds Guys
- United States Lawns
- LandCare, LLC
- Yellowstone Landscape Group
- Gothic Landscape
- Lawn Doctor
Recent Developments in the Global Market
- BrightView Landscape: BrightView Landscapes is a leading commercial landscaping service provider in the United States. In 2020, the company acquired commercial landscaping from Commercial Deflators, expanding its presence in the Midwest region of the United States. The company partnered with Home Depot to offer landscaping services to Home Depot customers.
- The Davey Tree Expert Company: The Davey Tree Expert Company provides tree and lawn care services. In 2020, the company acquired Arboretum Ventures, a California-based tree care company, to expand its West Coast operations. The company also launched a new ‘Davey Resource Group’ initiative to help clients manage and optimize their natural resources.
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Landscaping Services Market by Category
By Type:
- Landscaping Services as Landscape and Maintenance
- Landscaping Services as Landscape and Garden Design and Construction
- Landscaping Services as Landscape and Garden Enhancement
By Application:
- Landscaping Services for Commercial
- Landscaping Services for Household
Region:
- Landscaping Services in North America Market
- Landscaping Services in Europe Market
- Landscaping Services in Latin America Market
- Landscaping Services in Asia Pacific Market
- Landscaping Services in the Middle East Africa Market
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