Landscaping Products Market Revenue to Attain USD 159.61 Bn by 2033

28 Nov 2024

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Table of Content

1. Landscaping Products Market Revenue and Trends 2023 to 2033 2. Market Overview 3. Report Highlights of the Landscaping Products Market 4. Landscaping Products Market Trends 5. Regional Analysis 6.  Landscaping Products Market Coverage 7. Market News

Landscaping Products Market Revenue and Trends 2023 to 2033

The global landscaping products market revenue reached USD 88.60 billion in 2024 and is predicted to attain around USD 159.61 billion by 2033 with a CAGR of 6.76% during the forecast period. The rising concern over the environmental issues and the interest towards plantation in the residential premises for enhancing the aesthetics and improving air quality is driving the growth of the market.

Market Overview

Landscaping is the term used to elevate the aesthetics of a building. It is the planning, designing, and managing of the outdoor beauty of commercial and residential buildings. The rising urbanization and the evaluation of smart cities and green cities are accelerating the expansion of the market. Additionally, the rising disposable income in the population and the surging expenditure on lifestyle are collectively contributing to the growth of the landscaping products market.

Report Highlights of the Landscaping Products Market

• By product, the planting material segment dominated the market in 2023. The increasing ecological concern, pollution due to vehicles, and industries and the increasing greenery and aesthetics in the building premises are driving the adoption of planting material landscape products such as fresh dug plants, potted ever bearers, graded cold-stored plants, graded plants, waiting bed plants, crown plants, tray plants, and misted tip plants.
• By product, the hardscaping segment is the fastest-growing segment in the landscaping products market during the forecast period. The rising adoption of hardscaping products such as fencing, driveways, paving, and others for enhancing safety and convenience of the buildings are driving the demand for the segment.
• By application, the residential segment led the market in 2023. There is a rising demand for landscaping products in residential properties such as villas and bungalows to enhance the beauty and safety of houses.
• By application, the commercial segment expects the fastest growth in the market during the predicted period. The increasing adoption of landscaping products by commercial buildings such as corporate offices and malls for attracting people and increasing foot traffic.

Landscaping Products Market Trends

The rise in construction activities:

The rising economic stability in the population and the increasing population around the world is driving the demand for residential and commercial building spaces that boost the construction activities are driving the demand for landscaping for enhancing the aesthetics appeal, increasing property valuation, improving air quality and other are driving the growth of the landscaping products market.

Government interventions:

The rising government intervention in the development of the construction industry and the evaluation of smart cities with enhanced infrastructure and amenities are also contributing to the expansion of the market.

Market competition:

The rising market competition in the landscaping industry and the continuous entrance of new players with new and advanced landscape products attracting a larger consumer base are accelerating the growth of the market.

Technological advancement:

Technological integration in landscaping products and continuous research and development activities in the innovation and development of landscaping products are accelerating the growth of the market.

Regional Analysis

North America dominated the landscaping products market in 2023. The growth of the market is attributed to the rising disposable income in the population and the surging expenditure on lifestyle and expenses for houses and amenities are accelerating the expansion of the market. The rising construction activities, including commercial and residential buildings, are driving the demand for enhanced outer areas of the building to improve the environment, safety, and aesthetic appeal of the building, which boosts the market for landscaping products. The rising commercialization in the United States and Canada results in a higher number of attractive office spaces, contributing to the growth of the landscaping products market in the region.

Asia Pacific expects the fastest growth in the market during the forecast period. The growth of the market is owing to the continuous rise in the construction activities such as residential, industrial, and commercial buildings due to the rising population are collectively rising the growth of the market. The rising investment in residential properties that drives the tendencies of the owners to spend on the lifestyle and housing amenities. The rising evaluation of smart cities and green cities is accelerating the expansion of the landscaping products market across the region.

 Landscaping Products Market Coverage

Market News

• In February 2024, Techo-Bloc Inc., a leading modern hardscape products manufacturer in North America announce the launch of its latest colors and products which reflect this year’s landscape design trends.
• In October 2024, Outdoor Living Supply (“OLS”), a leading distribution platform focusing on outdoor living products and solutions, acquired Garden Supply Hardscapes (“Garden Supply” or the “Company”), a full-service distributor of natural stone, brick, hardscape, bulk materials and other complementary landscape products in Northern California.

Market Segmentation

By Product

• Planting Material
• Hardscaping
• Ground Coverings
• Outdoor Specialties

By Application

• Residential
• Commercial

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