Public, Private Landscaping Forecast Spells Improved Market For Hardscape Unit Producers
- Written by CP Staff
A Global Industry Analysts study, Landscaping Services: A U.S. Market Report, indicates a resurgence in the domestic landscaping services market, expected to reach $80.06 billion by 2015. Long-term growth will be spurred, the study predicts, by economic recovery, greater consumer spending, and growing interest in residential and commercial property beautification.
While the recent economic downturn dealt a blow to the U.S. construction sector, including both private and commercial building and remodeling Û significantly dampening recent demand for landscaping services Û recovery in government spending aimed at beautifying public areas and nonresidential building construction, plus installation of new golf courses, will give the landscaping services market a boost, according to the GIA report. A comprehensive industry and service overview, key market trends & restraints, profiles of major players, and recent industry activity are presented in the study, which examines market data to provide analysis in terms of value sales by service segments, e.g., Garden/Lawn Landscaping (Commercial and Residential). Û www.marketresearch.com