Industry Analysis & Industry Trends
The industry provides a wide range of services to private households, commercial establishments and public-sector entities. Household spending pressures and relatively depressed business confidence levels dampened demand for industry services during the start of the period. In addition, building construction activity remained weak, which also weighed on demand and caused revenue to fall during the first year of the period. However, the industry expanded during the following years as rising consumer and business confidence levels allowed businesses and households to increase spending on landscaping services. Many public-sector entities also outsourced a wide range of services, including landscaping services, in order to reduce costs and improve efficiencies... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Landscaping Services industry is in the mature phase of its life cycle. Over the 10 years through 2021-22, the value that the industry adds to the overall economy is estimated to grow at a compound annual rate of 0.8%. Meanwhile, the overall UK economy is expected to grow at a compound annual rate of 2.3% over the same period. Although this indicates that the industry will account for a declining share of the economy, the industry is not in the decline stage of its life cycle. Instead, this is partly due to the challenges engulfing the industry following the UK electorate voting to leave the European Union.
The services provided by industry players have a high level of acceptance and are clearly segmented. Als.. purchase to read more