Plant Nursery + Landscape Rollup

Plant Nursery + Landscape Rollup

Tags
Roll-Up
Date Added
November 20, 2023

Size of the Landscaping Industry

Statistics from the IBIS World Landscaping Services Industry Report show that the landscape services industry has a market size of $129 billion in 2022. The industry employs more than 1.2 million people and represents 633,481 landscaping service businesses, and represents 633,481 landscaping service businesses currently.

Nursery & Garden Stores in the US Industry Analysis

Nursery and garden stores have experienced flourishing revenue growth. Rising per capita disposable income and increased private spending on home improvements have helped industry revenue. Also, individuals aged 35 and younger have expressed increased interest and demand for small plants, like succulents, to enhance the aesthetic of their living spaces. Strong interest in gardening has led industry-wide revenue to increase at a CAGR of 1.8% over the past five years, and is expected to reach $48.7 billion in 2023 despite a projected 3.1% decrease over the year. In 2023, profit is expected to drop to 3.9%.