"Outdoor Living" Trend Spurring Boom in US Hardscape Demand

Cities look to permeable pavers to address water runoff, driving hardscape gains

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Nov 15, 2017, 14:42 ET

CLEVELAND, Nov. 15, 2017 /PRNewswire/ -- Demand for hardscape products in the US is expected to increase 5.6% per year to $3.5 billion in 2021. Despite slow growth in sales of existing homes, an indicator of home remodeling trends including landscaping, sales of hardscape products such as boulders, edging, and pavers will see robust growth through 2021, buoyed by strong growth in new housing construction, which will support new hardscaping installations when homes are first built. Furthermore, the rising popularity of outdoor living spaces such as patios and outdoor kitchens, often constructed using large volumes of hardscaping, will bolster demand. For in-depth analysis of these and other trends, see Landscaping Products Market in the US, 5th Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.

For more information on the study, see the following link:
https://www.freedoniagroup.com/industry-study/landscaping-products-in-the-us-by-product-market-application-end-user-and-region-3565.htm

Impermeable pavers such as asphalt result in water runoff that may back up sewer systems and pollute water supplies, inspiring cities to adopt permeable alternatives, most of which are made of concrete, for sidewalks, plazas, and parking lots. As a result, concrete pavers accounted for 78% of hardscaping concrete sales in 2016, and demand is forecast to rise 5.9% annually to $1.4 billion in 2021.

Despite a slowdown in demand, decorative products will retain nearly 41% of the landscaping product market in 2021. A spike in sales of outdoor lighting products, including higher-value LED and solar types, as well as healthy growth in pots and planters, will help sustain the projected 3.4% annual growth for decorative landscaping products through 2021, a deceleration from the 2011-2016 period.

Landscaping Products Market in the US, 5th Edition (published 10/2017, 182 pages) is available for $5500 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email [email protected].

Related studies include:

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 studies can be purchased at www.freedoniagroup.com, www.marketresearch.com, and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]

SOURCE The Freedonia Group