Market Outlook: Landscapers

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Landscaping services include initial landscaping and ongoing maintenance for commercial and residential clients. Chemical line and pest control, “line-clearing” (branch removal around utility lines), irrigation systems, landscape construction, and tree care are all possible services. In addition, some landscaping companies offer snow removal services during the winter months (policy must be endorsed to include the exposure for snow removal).

There are 621,733 landscaping and lawn maintenance businesses in the United States, according to IBIS World. Sixty-two percent of customers come from single-family residential homes, with the average homeowner spending $100 to $200 per month for general landscaping, maintenance, lawn care, gardening, and upkeep (HomeAdvisor). Seventy-one percent of landscapers offer design and construction services, while 63% provide tree care.

Over the past three years, the industry has grown 6.6% annually and is anticipated to continue its successful path in 2023 despite economic headwinds. The positive outlook is partly due to ongoing green initiatives and increasing preferences for using outdoor spaces as entertainment, lounge, walking, and sitting areas. Industry employment is expected to grow 8% from 2020 to 2030, according to the Department of Labor.

Going Green

Depending on the region, the shift to a more ecological, water-saving-focused landscape will continue, according to an article in The Edge by the National Association of Landscape Professionals. Drought-tolerant landscaping (known as xeriscaping) is gaining popularity and involves using low-water plants, practical turf, and efficient irrigation practices to create landscapes and gardens that require less water.

Consumers are also looking for indigenous plant species to be planted on their properties, as native gardening reduces air pollution, requires less fertilizer and pesticides, and keeps away invasive insect species.

Green roofs and walls, also known as living roofs and walls, are becoming more popular in commercial landscapes. These features include incorporating plants and vegetation into a building’s roof or walls, which can have various benefits, such as lowering energy costs, improving air quality, and providing a natural habitat for wildlife.

Outdoor Spaces

People are spending money on landscaping, as they spend a lot of time outside. Post-pandemic, they are still looking at their properties as vacation-worthy backyards.

Businesses are also looking for ways to create comfortable, functional, and visually appealing outdoor workspaces. This could entail adding covered patios, outdoor seating areas, and even small gardens.