LONDON, Dec. 14, 2015 /PRNewswire/ -- US demand to approach $9 billion in 2019
Demand for landscaping products in the United States is forecast to increase at a healthy pace, growing to nearly $9 billion in 2019, as the market continues to recover from the effects of the recession of 2007 to 2009. Strong gains in the residential and nonresidential construction sectors, growth in existing home sales, as well as increases in disposable income will support gains. Additionally, demand will be influenced by long term weather patterns in the US, including continuing drought in areas of the West and South, and heightened environmental concerns.
Outdoor living spaces boost residential market
Residential applications are the largest market for landscaping products, accounting for over half of demand. The popularity of outdoor living spaces, such as outdoor kitchens and living rooms, will continue to grow as homeowners increase their usable living space.
Such living spaces will stimulate demand for landscaping products such as concrete pavers for patios and flooring, bricks and stones for walls and seating areas, and trellises and pergolas for cover. Purchases of outdoor heating elements, including fireplaces, chimineas, and fire pits, will also rise as homeowners look to utilize these living spaces for a longer period of time during the year.
After putting off nonessential purchases during the recession, many homeowners are trying to increase the "curb appeal" of their homes, driving demand for landscaping lighting and decorative products such as pots and planters, garden statuary and water features.
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