CLEVELAND, June 17, 2019 /PRNewswire/ -- According to
The Freedonia Group's new study on the US landscaping products
market, consumers are crazy about outdoor living, and it's
positively impacting demand for higher value hardscape products and
outdoor heating implements. Outdoor living can be characterized by
such activities as:
- lounging (e.g., reading or watching TV)
- cooking and dining
- entertaining guests
- gardening and landscaping
- tailgating
More information about this study is here:
https://www.freedoniagroup.com/industry-study/landscaping-products-3738.htm
As consumers seek to expand the square footage of their homes by
creating more elaborate "outdoor rooms" that emulate the comfort
and aesthetics of indoor living areas, they'll increasingly invest
in more expensive (but better looking) hardscape products. Demand
for hardscape products is expected to increase 5.4% per year
through 2023, driven by interest in higher value products like:
- stamped concrete plank pavers that resemble wood
- natural stone products
- porcelain pavers
- permeable pavers that can help prevent issues with water runoff
and flooding
Furthermore, outdoor living stalwarts like fire pits and
chimeneas – part of the $665 million
"other landscaping products" category – will see renewed interest
from homeowners seeking to add ambiance to their outdoor rooms and
extend their outdoor leisure time past sunset, particularly in
cooler climates where outdoor living is seasonally limited.
Looking for More?
The Freedonia Group's Landscaping Products study
analyzes the US landscaping products market by product, market, and
major US region. Historical data and demand forecasts are presented
in value and volume terms. Pricing data, regulatory information,
and in-depth profiles of leading industry participants including
market share and recent restructuring activity are also
provided.
About The Freedonia Group, a division of
MarketResearch.com – The Freedonia Group is a leading
international industrial research company publishing more than 100
studies annually. Since 1985, we have provided research to
customers ranging in size from global conglomerates to one-person
consulting firms. More than 90% of the industrial companies in the
Fortune 500 use Freedonia Group research to help with their
strategic planning. Additional Construction & Building Products
can be purchased at www.freedoniagroup.com,
www.marketresearch.com and www.profound.com.
Press Contact:
Corinne
Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group