The Landscape Services Industry
A landscaper provides a variety of landscape services. Most of these services can be performed by the homeowner themselves. However, many of these professionals will recommend hourly rates for each job. You should ask the landscaping company about their hourly rates, as these are the prices you’ll be charged. Some companies offer a free estimate. While these estimates are not always accurate, they are generally enough to get a feel for what the landscaping business will charge you for a given job.
According to the Bureau of Labor Statistics, the landscape industry generated $99.5 billion in annual revenues in 2015. While most companies specialize in one or two main services, others focus on a range of offerings. For example, some small landscaping companies offer lawn mowing and leaf blowing. Other smaller services include fertilization, weed and pest control, and tree care. About 4.3% of industry revenues are generated by tree services. Overall, industry revenue has grown at an average annual rate of 4.6% over the past five years.
The landscape industry is an extremely competitive field. A small landscape business may specialize in lawn mowing, leaf blowing, fertilization, weed and pest control, and more. Other smaller landscaping companies may focus on tree care, which makes up 4.3% of industry revenues. The industry has experienced growth over the last five years, but growth has been relatively flat over the past five years. Despite the low-growth market, there is still plenty of room for expansion.
The landscape industry includes a range of businesses. The largest segment is made up of sole proprietors, which generate just 15% of the industry’s total revenue. Ninety-four percent of landscape service companies employ less than 20 people, making them an ideal niche for smaller businesses. In the Turf 2019 Industry Survey, 71% of respondents are business owners and 22% have more than 10 employees. In addition, most landscaping businesses have been in business for at least 15 years, so the growth rates have been steady.
Residential property maintenance is a major sector for the landscape services industry. Most smaller landscape businesses focus on lawn mowing and leaf blowing, but some also offer other services like weed and pest control. Some landscaping businesses specialize in one or more of these activities. In fact, more than half of the industry’s businesses have more than a dozen employees. Some of these companies also have a few hundred employees, while some hire several hundred people.
While the landscape services industry is characterized by the number of small operators, it is important to note that many businesses are purely private and do not employ more than fifteen workers. This makes them a desirable choice for homeowners who are looking for a landscaping service that will meet their needs. And if you’re looking to hire a landscaper, the market is growing at a fast rate. It’s worth investing in a professional landscaper if you’re looking to make a profit.