In the commercial landscaping industry, staying up-to-date with the latest trends and statistics is crucial for success. At Brisk Landscaping, we understand the importance of evolving with the industry to provide the most beneficial products and services. In this article, we will share valuable insights from various industry reports, shedding light on the state of the commercial landscaping market in 2023 and what to expect in 2024.
Whether you are a landscaping business, a professional, or a small business owner, it’s essential to stay informed about the latest statistics, trends, roadblocks, and news in the field of commercial landscaping. Our article aims to provide you with the necessary information to navigate the market effectively.
The outlook for Australian commercial landscaping services is optimistic, with a strong sense of confidence in future growth. However, there are several considerations that industry professionals need to be aware of as they move forward. Read on to discover what to expect in the commercial landscaping services market in the coming year.
Reflecting on the challenges faced in 2023, which included an economic downturn, rising inflation, labor shortages, and supply chain interruptions, it is evident that the commercial landscaping industry has been resilient, which we think will still be the same case in 2024.
Experts in the field believe that despite these challenges, the demand for landscaping services will remain high. In terms of growth, the average landscaping company experienced a similar growth rate to the previous year, around 20%. Some companies managed to avoid losses by proactively adjusting their prices to account for inflation and increased fuel and labour costs.
The commercial landscaping sector continues to hold a positive outlook. With approximately $550 billion allocated to various infrastructure projects, including roads and bridges, both big and small projects are expected to contribute to the industry’s growth for years to come.
In the residential landscaping segment, households earning more than $100,000 per year remain the largest consumers of landscaping services. The average homeowner spends around $100-$200 per month on general landscaping maintenance. The combination of remote work policies and increased demand for residential properties has boosted revenue for residential landscaping services.
Despite the obstacles faced in the past year, the majority opinion within the industry is positive. Exciting trends, innovative technology, and fresh decor ideas from consumers are expected to drive growth in the commercial landscaping market.
Now let’s explore the top landscaping trends for 2023, with a particular focus on the commercial landscaping industry.
Trend 1: Domestic and Commercial Designs in the Landscaping Industry
Self-care and mental well-being have become top priorities for many individuals, leading to the rise of “stay-cations” and a desire for relaxing outdoor spaces. The National Association of Landscape Professionals predicts an increase in average spending in 2023 to fulfill these needs. Outdoor kitchens, living spaces, and fire features are expected to be in high demand, presenting exciting opportunities for landscaping companies to create personalised designs and enhance the overall experience for clients.
Trend 2: Native Plants
The use of native plants in landscaping has gained momentum in 2023 as more people prioritize sustainability in their yards. Native plants are well-suited to local climates, requiring less water, fertilizer, and pesticides compared to non-native species.
They also tend to be low-maintenance. By opting for native plants, homeowners can reduce their environmental impact while creating beautiful outdoor spaces that support local ecosystems and attract pollinators.
Trend 3: Research and Development in the Landscaping Industry
The strain on the workforce caused by the pandemic has prompted many companies to turn to technology and research and development to enhance their operations. By investing in innovative technologies and equipment, landscaping companies aim to improve efficiency, job quality, and their ecological footprint.
To learn more about the landscaping market and trends in Australia, stay up-to-date with the Brisk Landscaping blog.