Landscaping Services Market Trends

Growth Drivers

• Surge in deployment of advanced technology in landscaping - Advanced technologies such as drones are gaining importance in several fields and their utilization is also foreseen to rise in landscaping. This is because surveying the field in landscaping is necessary which could be satisfied with the use of drones, as it enables one to collect information and make precise estimations. This further makes surveying easy and quick hence additionally saving time as compared to traditional surveys.
  
  Additionally, drones are expected to have minimal impact on the environment which further allows one to achieve sustainability commitment.
• Geriatric population to influence the construction of gardens - The life expectancy of people around the globe is growing. As per the predictions of WHO, between 2020 and 2050 people over 80 years are estimated to reach 426 million. Most of these old people are estimated to be living in cities. However, the parks in cities lack perfection in design and construction which should have benefited the health needs of the older population.
  
  In addition, the awareness regarding health among older people is growing which is additionally encouraging them to become more engaged in activities such as jogging. This is additionally estimated to influence the development of gardens in the coming years.
   
• Rising millennial population preference for aestheticism - Globally, 1.8 billion millennials were present in the year 2021. Furthermore, millennials’ demand for enhanced and aesthetic appeal is increasing. As a result, they prefer plants and ornamental objects including artificial grass, fountains, and deployment of decks and patios.
  
  Moreover, millennials are spending significant time on social media and enhancing their online presence. Therefore, they are demanding more appealing landscaping which could be published in their account to reach a large audience. Additionally, it has also become easy for gardening businesses to reach many millennials through social media.

Challenges

• Seasonal conditions to affect landscaping - The demand for landscape services is usually high in spring and summer, however, the demand in winter decreases. This is because shorter days and limited sunlight restrain the growth of the plants. Further, extreme weather including floods, earthquakes, and droughts might hinder the growth of the plants. Also, there is a lack of technology adoption such as storm surge barriers and more to limit the damage of natural disasters. As a result, this factor might also impact the growth of the Landscaping Services market.
• Strict environmental regulation - The need to comply with environmental regulations is growing for the landscaping sector which is why their ability to function in certain areas is falling. Environmental regulations may include fines and other penalties, which further reduce the growth of landscaping industries.
• Growing shortage of laborers - There are a variety of employment options available across the globe. Therefore, it has become challenging for companies to attract talented workers.