Landscaping Market Expected to Register an Impressive Growth Through 2027
The growing investments by both government and private
sector for the development of green infrastructure is primarily driving the
global landscaping market.
According
to TechSci report on, “Landscaping Market – Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2017-2027”, the
market growth can be attributed to the rapid urbanization along with the
ongoing development of corporate and educational campuses and increased
expenditure on the upgradation of the residential sector. Moreover, the
inflating disposable income of the people and their growing purchasing power
have also increased the adoption of such a landscape. Furthermore, rising
awareness regarding the natural environment benefits, such as ecosystem
conservation and natural flora and fauna, clean air achieved through gardening
and landscaping activities, is expected to offer lucrative growth avenues for
several companies in the market. In addition, the government is supporting
organic gardening and landscaping, which is promoting the growth of the global
landscaping market. Environmental preservation is practiced by using organic
methods of gardening, which safeguard the environment by removing contamination
and also curb the rising health concerns. This is eventually boosting the
global landscaping market growth. Besides this, the growing technological
innovations and introduction of the smart irrigation system are positively
influencing the global landscaping market. For instance, the introduction of
landscape design software has facilitated smooth functioning for landscaping
business owners. Earlier, landscapers were required to prepare plans of garden
layouts along with optional mockup drawings of the completed landscape, which
was hectic and monotonous. The introduction of computer design and drawing
software influenced a change in the design process and provided the customers
with 3D models which can be shown on a computer screen.
Browse over XX market data Figures
spread through 110 Pages and an
in-depth TOC on "Global Landscaping Market"
The
global landscaping market is segmented by type, service type, sectors, end
user, competitional landscape, and regional distribution. Based on the type,
the market is bifurcated into installation and maintenance. The installation
segment is further divided into planting material, outdoor specialties, and
others. The maintenance segment is further segmented into cleaning &
maintenance, landscape construction, and landscape architectural services.
Among these, the installation segment is expected to hold a significant share
in the market. This is because most countries are focusing on converting their
infrastructure into green infrastructure building. Moreover, with the expanding
real estate industry, the demand for such infrastructures has increased over time.
Therefore, the installation segment is anticipated to register the highest
growth over the forecast period.
By
service type, the market is divided between hardscape and softscape. The
softscape segment held a considerable share in the past. Softscape includes
flowers, plants, trees, flower beds, and all the other live horticulture
elements. Softscape is the most prominent segment of a landscape. However, the
hardscape segment is anticipated to be the fastest-growing segment in the
coming years. With the growing preference for aesthetically appealing elements
in the landscape, the demand for hardscape elements such as fountains, small
water bodies, large paved driveways, rocks, and gravels is increasing.
Based
on the end user, the market is bifurcated into residential, commercial, and
others. Among these, the commercial segment is projected to be the
fastest-growing segment over the coming years. This is due to the proliferating
numbers of outdoor cafes and restaurants, renovation projects, and the ongoing
trend of upgrading outdoor spaces to increase the aesthetic appeal and the
commercial value of the property. Moreover, the installation of landscapes in
the educational institutions and healthcare sector is also boosting the growth
of the commercial segment. This, in turn, is providing a thrust to the global
landscaping market.
A
list of major market players of the global landscaping market includes:
- Smartstone
- Denison Landscaping & Nursery Inc
- Asia Flora & Landscape Sdn. Bhd.
- Brightview Holdings Inc.
- Yellowstone Landscape
- Ruppert Landscape
- Owen Chubb Garden Landscapes Ltd
- Chapel Valley Landscape Company
- Clintar Commercial Outdoor Services
- Griffon Corporation
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“Among the regional market, North America held a
significant market share in the past years and is estimated to hold a
considerable share in the future as well due to the growing trend of house and
garden parties and a growing number of renovation projects in the region. The
Asia Pacific is expected to be the fastest growing regional market during the
forecast period due to the inflating disposable income of the consumers and
improving economic conditions in the APAC countries like China and India.
Moreover, the rapidly growing real estate sector in the APAC region is like to
positively impact the market growth. New entrants are advised to bring
innovation and new ways of doing business through lower pricing strategies,
reducing maintenance costs, and providing new value propositions to the
customers, which can put pressure on the existing companies,” said Mr. Karan
Chechi, Research Director, TechSci Research, a research based global management
consulting firm.
“Global landscaping Market - Industry Size, Share,
Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (Installation,
Maintenance), By Installation (Planting Material, Outdoor Specialties, Others),
By Maintenance (Cleaning & Maintenance, Landscape Construction, Landscape
Architectural Services, Others), By Service Type (Hardscape, Softscape), By
Sectors (Health, Hospitality, Office, Institutional, Retail, Housing, Others),
By End User (Commercial, Residential, Others), competitive landscape, and By
Region” has
evaluated the future growth potential of global landscaping market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global landscaping market.
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