Global Landscaping Products Market Size By Type (Decorative Products, Hardscape Products), By Application (Residential, Nonresidential), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36184 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Landscaping Products Market is poised to experience substantial growth, with a projected market size of USD 32.4 billion in 2023, anticipated to exceed USD 48.7 billion by 2031, registering a CAGR of 5.1% over the forecast period from 2023 to 2031. The rising demand for aesthetically appealing outdoor spaces in residential, commercial, and public sectors is driving this growth. Landscaping products, including hardscapes, water features, and lighting systems, play an integral role in creating sustainable and visually attractive environments. The market expansion is also supported by the increasing inclination towards eco-friendly and sustainable landscaping solutions.

Drivers:

Growing Preference for Outdoor Living Spaces: Homeowners and businesses are investing in enhancing their outdoor spaces, driven by lifestyle trends emphasizing outdoor living, entertainment, and wellness. This trend is significantly propelling the demand for landscaping products.

Advancement in Sustainable Landscaping Solutions: Innovations in environmentally friendly landscaping materials and practices, such as permeable pavers and recycled content products, are gaining traction, aligning with global environmental goals and consumer awareness.

Urbanization and Infrastructure Development: Expanding urban areas and infrastructure developments are contributing to increased demand for landscaping in both residential and commercial spaces, particularly in developing regions.

Restraints:

High Initial Costs: The upfront costs of landscaping materials and installation can be a deterrent, particularly for large-scale projects in commercial and public sectors, limiting market growth in cost-sensitive regions.

Seasonal Demand Variability: The market experiences seasonal fluctuations, as landscaping activities are typically higher in spring and summer, affecting product demand stability.

Opportunity:

Expansion in Emerging Markets: Urbanization and rising disposable incomes in emerging economies present significant opportunities for market growth. Landscaping projects in cities and newly developed urban areas are increasingly incorporating green and sustainable elements.

Technological Advancements in Smart Irrigation and Lighting: Innovations in smart irrigation systems and outdoor lighting are expected to provide new growth avenues for landscaping products by offering enhanced efficiency and convenience.

Market by System Type Insights:

In terms of product type, the hardscapes segment dominated the market in 2023, driven by its essential role in the design of outdoor spaces, including patios, driveways, and retaining walls. The segment is expected to continue leading due to the popularity of durable and aesthetic materials like stone and concrete. Additionally, water features are emerging as a growing segment, favored for their role in enhancing outdoor ambiance and environmental benefits.

Market by End-use Insights:

Based on end-use, the residential sector accounted for the largest market share in 2023, attributed to the increasing adoption of landscaping products by homeowners seeking to enhance the appeal and functionality of their outdoor spaces. The commercial sector is also expected to witness notable growth as businesses, resorts, and public spaces invest in landscaping to attract and retain customers by creating visually appealing environments.

Market by Regional Insights:

The North American region led the global landscaping products market in 2023, supported by a well-established culture of outdoor living and a robust home improvement industry. However, Asia-Pacific is anticipated to experience the highest growth rate during the forecast period, driven by rapid urbanization, increased disposable income, and the rising trend of sustainable landscaping in countries like China, Japan, and India.

Competitive Scenario:

Key players in the Global Landscaping Products Market include The Scotts Miracle-Gro Company, Husqvarna Group, Toro Company, SiteOne Landscape Supply, Inc., and K-Rain Manufacturing Corporation. Companies are focusing on expanding their product portfolios, investing in sustainable product development, and establishing strategic partnerships to strengthen their market presence. Recent developments include SiteOne Landscape Supply’s acquisition of local landscaping suppliers to enhance its distribution network and Toro Company’s launch of eco-friendly lawn and garden equipment.

Scope of Work – Global Landscaping Products Market

Report Metric

Details

Market Size in 2023

USD 32.4 billion

Market Size in 2031

USD 48.7 billion

Growth Rate (CAGR)

5.1% (2023-2031)

Market Segments

Product Type (Hardscapes, Water Features, Lighting), End-use (Residential, Commercial, Public Spaces)

Growth Drivers

Growing preference for outdoor living, advancements in sustainable landscaping solutions, urbanization

Opportunities

Expansion in emerging markets, technological advancements in smart irrigation and lighting

Key Market Developments:

2023: The Scotts Miracle-Gro Company introduced a range of organic, eco-friendly fertilizers for landscaping, aligning with the growing trend of sustainable landscaping solutions.

2024: Husqvarna Group expanded its line of robotic lawn mowers with advanced AI features to improve efficiency and reduce manual labor in lawn care.

2025: SiteOne Landscape Supply, Inc. announced a strategic acquisition of a regional landscaping supplier, enhancing its product distribution capabilities in North America.

FAQs

What is the current market size of the Global Landscaping Products Market?

The Global Landscaping Products Market was valued at approximately USD 32.4 billion in 2023.

What is the major growth driver of the Global Landscaping Products Market?

The market is driven by the growing preference for outdoor living spaces and advancements in sustainable landscaping products.

Which is the largest region during the forecast period in the Global Landscaping Products Market?

North America holds the largest market share, while Asia-Pacific is expected to experience the highest growth rate.

Which segment accounted for the largest market share in the Global Landscaping Products Market?

The hardscapes segment accounted for the largest market share in 2023, primarily driven by demand for durable and aesthetic landscaping materials.

Who are the key market players in the Global Landscaping Products Market?

Key players include The Scotts Miracle-Gro Company, Husqvarna Group, Toro Company, SiteOne Landscape Supply, Inc., and K-Rain Manufacturing Corporation. 

Download Sample Report

Speak with an analyst to get exclusive insights tailored to your needs