Hardscape unit demand outpaces overall landscape product business
- Published: Monday, 24 August 2015 13:25
- Written by Concrete News
Source: Freedonia Group, Cleveland; CP staff
Landscaping product demand is forecast to grow 5.3 percent per year, from $5.3 billion in 2014 to $8.2 billion in 2019, as the market continues to recover from the effects of the 2007–2009 recession. Of four major categories profiled in Landscaping Products, a new five-year outlook from market researcher Freedonia Group, hardscape units—concrete or clay pavers, segmental retaining wall units— lead the pack with projected annual growth at 7.3 percent, from just over $2 billion in 2014 sales toward $2.9 billion in 2019.