US Landscaping Products Market Demand Worth $6.5B by 2017
ReportsnReports.com adds a new market research report titled “Landscaping Products to 2017″ that says US demand for landscaping products is projected to grow 6.9% per year through 2017, reflecting a rebound in sales following the 2007-2009 recession and subsequent slow recovery
DALLAS, July 16, 2013 /PRNewswire-iReach/ — Improved construction activity will be the primary driver of growth for the US landscaping products market. An acceleration in sales of existing homes, a rebound in construction expenditures in the office and commercial market, and a drop in office vacancy rates will also support gains.
Hardscape products to benefit from outdoor living
Landscaping products encompass decorative products, hardscaping products, outdoor structures, and other goods used to improve the appearance or function of an outdoor space. One key growth factor for these products is ongoing interest in developing outdoor living spaces, providing additional living space for relaxation and entertaining. The decorative products segment, which was the largest in 2012, comprises products (e.g., water features, lighting, pottery, and statuary) that are important to this trend. Hardscape products, which are projected to achieve the fastest growth through 2017, can be used to create the patios, walkways, edging, and walls that form the basis of outdoor rooms. Other products, such as outdoor heating elements, will also exhibit strong gains.
Environmental concerns to favor permeable pavers says the report @ http://www.reportsnreports.com/reports/265831-landscaping-products-to-2017.html :
The ongoing development and introduction of landscaping products that are environmentally friendly will also boost growth. For example, permeable pavers for hardscaping are rapidly gaining popularity over ready mix concrete due to their ability to reduce water runoff. In addition, drought conditions in many parts of the country have resulted in water restrictions, leading to greater use of synthetic turf, hardscaping, and potted plants instead of water-intensive grass
lawns. Among decorative products, smaller water features and pondless types are seeing advances due to reduced water usage, and lighting provides vital energy savings over previous generations of outdoor lighting.
Rebounding construction activity to drive gains
The residential market was the largest for landscaping products in 2012. Gains through 2017 will be driven by a strong rebound in housing completions from a low 2012 base. Renewed growth in existing home sales will also boost sales of landscaping products, as consumers are most likely to alter their outdoor spaces within a few years of purchase.
Demand for landscaping products in the nonresidential market is concentrated in the office and commercial segments. Therefore, a rebound in construction expenditures will support growth as offices attempt to attract new tenants and restaurants upgrade their outdoor patios to create a high-end appearance.
Gains in the nonbuilding market will trail those of the other two markets, restrained by a continuing decline in the number of golf courses and limited state and local government budgets. Nonetheless, municipal efforts to address issues related to water runoff will support demand for permeable pavers and other related products.
Company Profiles covered in the report available for purchase @ http://www.reportsnreports.com/Purchase.aspx?name=265831:
Acme Building Brands, see Berkshire Hathaway, Akro-Mils, see Myers Industries, ALLSCAPE, see Royal Philips, Ames True Temper, see Griffon, Anchor Block Company, AquaMaster Fountains and Aerators, see Enquatics, Aquascape Incorporated, Arriscraft International, see Wienerberger Baustoffindustrie Astroturf LLC, AZEK Building Products, see CPG International, Belgard Hardscapes, see CRH, Berkshire Hathaway Incorporated, Berry Plastics Corporation, Boral Limited, Boral Stone Products, see Boral and Owens Corning, Bronzelite, see Royal Philips, Capitol Concrete Products, see Monarch Cement, CEMEX SAB de CV, Central Garden & Pet Company, Central Supply, see CRH, Collier Metal Specialties Limited, Col-Met, see Collier Metal Specialties, CPG International Incorporated, Crescent-Stonco, see Royal Philips, CRH plc, Deere & Company, EasyTurf, see Tarkett, Enquatics Incorporated, General Shale, see Wienerberger Baustoffindustrie, Generation Brands Company, Griffon Corporation, Haddonstone Limited, Hanson Hardscapes, see CRH, HeidelbergCement AG, Henri Studio LLC, Home Depot Incorporated, Intermatic Incorporated, Kafka Granite LLC, Lehigh Hanson, see HeidelbergCement, Lowe’s Companies Incorporated, Monarch Cement Company, MYE Canada Operations, see Myers Industries, Myers Industries Incorporated, Oldcastle, see CRH, Oly-Ola Edgings Incorporated, Owens Corning, Pavestone Company LLC, Royal Philips NV, Sea Gull Lighting Products, see Generation Brands, Sears Holdings Corporation, Sure-loc Edging Corporation, SYNLawn, see AstroTurf, Tarkett SAS, Tulsa Dynaspan, see Monarch Cement, Wal-Mart Stores Incorporated, Wienerberger Baustoffindustrie AG, and Woodstream Corporation.
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