The competitive landscape has been difficult for industry operators as household spending has decreased
Melbourne, Australia (PRWEB) April 29, 2012
Contractors in the Landscaping Services industry tackle a large range of projects, from humble backyard makeovers to roadside parks and public botanical gardens. The industry often competes for market share with DIY home owners, other special construction trades (e.g. site preparation firms), the Gardening Services industry, and to a lesser extent with landscape architects. According to IBISWorld industry analyst Anthony Kelly, ‘the industry is expected to generate revenue totalling $2.82 billion in 2011-12.’ Industry revenue is expected to decline by about 3.6% in 2011-12, but average modest cyclical growth of an annualised 1.0% over the five years to 2011-12. The industry's performance has been contained by the subdued trends in spending by the household sector on landscaping services, but supported by strong demand conditions in the non-housing construction markets, and on institutional building projects (notably schools and hospitals).
Over the longer term, the Landscaping Services industry has benefited from improved public appreciation of professional landscape design and installation services. Concurrently, the nature of industry activities has changed in response to the prolonged drought conditions across Australia. Kelly adds, ‘the drought heralded a focus on the installation of drought-tolerant lawns and plants, rock or stone gardens, the laying of artificial grass in household gardens and the installation of greywater systems.'
The Landscaping Services industry has a particularly low level of ownership concentration. Most landscaping services contractors maintain very small-scale operations (one or two people) and operate in narrow geographic or niche service markets. Programmed Maintenance Services Limited is the largest industry player. The pace of industry expansion is forecast to rebound over the next few years as stronger economic growth conditions support spending by households and the business sector. The industry will derive some stimulus from reconstruction activity in Queensland and northern Victoria in the aftermath of the devastating floods of early 2011 and Cyclone Yasi.
For more information, visit IBISWorld’s Landscaping Services report in Australia industry page.
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IBISWorld industry Report Key Topics
This industry includes those whose primary activity is wholesaling confectionery, snack foods, or soft drinks. Confectionery includes chocolate or cocoa products, chewing gum, and sugar confectionery. Snack products include potato crisps, corn chips, nuts and pretzels, and nutritious snacks. Soft drinks include carbonated and non-carbonated beverages, cordials and syrups, excluding bottled water, fruit juice, alcoholic beverages or milk drinks.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalisation & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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