The Leading 50 Companies Hold 15% of the Landscaping Services Market in the US
Research and Markets (researchandmarkets. com/reports/c35842) has announced the addition of Landscaping Services - Industry Profile to their offering.
Dublin (PRWEB) April 21, 2006
Research and Markets (http://www. researchandmarkets. com/reports/c35842 (http://www. researchandmarkets. com/reports/c35842)) has announced the addition of Landscaping Services - Industry Profile to their offering.
Brief Excerpt from Industry Overview Chapter:
The US landscaping services industry includes about 50,000 companies with combined annual revenue of $40 billion. Large companies include the TruGreen division of ServiceMaster, Davey Tree Expert, Brickman Group, and Asplundh Tree Expert. The vast majority of companies are small with annual revenue less than $2 million. The industry is highly fragmented: the top 50 companies hold only 15 percent of the market.
Demand is driven partly by construction of new commercial properties and partly by the economy's overall health. Because management and equipment costs are mainly fixed, the profitability of individual companies depends on demand volume and operations' efficiency. Small companies can easily compete with big ones, except in providing services to large customers. Big companies operate mainly through local branches or offices that have operations almost identical to those of local companies. Annual revenue per employee is about $70,000.
Products, Operations & Technology
Landscaping services include commercial and residential landscape maintenance, landscape installation, irrigation systems, tree services, chemical lawn care, and "line-clearing": branch removal around utility lines. Larger companies may offer several of these services, but most provide just one. Landscape installation and maintenance account for the bulk of industry revenue; tree services account for about 30 percent. In winter, many companies provide snow removal services.
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