REASONS TO INVEST
According to IBIS World, the landscape services industry was a $2.9 billion industry in 2014/15, representing 1.8% growth over the previous year.
Over the five years through 2019-20, revenue is expected to grow at an annualised rate of 2.2%, to reach $3.2 billion.
The success of franchise operations such as Jim's Mowing Services has led the market to consolidate to some degree over the past decade. These well-known companies have used the power of mass marketing and a consistent brand message to grow their market share.
While growth has been fueled by expansion of the housing market over the last several years, demographic trends indicate growth that will extend beyond the housing boom, with an increasingly greater percentage of homeowners hiring a professional lawn and garden maintenance business.
Maturing Baby Boomers with more disposable income and an increasing priority on enjoying life will continue to employ the services of our industry in greater numbers to ease the burdens of maintaining their homes. Growing numbers of dual-income families will also continue to look to lawn mowing and garden care service providers to help them free up more time to enjoy the pleasures of home life.
In addition to these favorable demographic trends, consumers recognize that lawn care is a truly compelling value when compared to the retail cost of products, the hassle of mixing and applying products, and the angst of uncertain results incurred by the “do-it-yourselfer.”
it is estimated that 1 out of every 5 homeowners rely on a lawn care professionals to take care of their lawn care and landscaping needs