Professional Lawn Care Market Reaches $3.4 Billion In 2000

MarketResearch.com, a provider of global market intelligence products and services, provided the data from a study titled "The U.S. Lawn & Garden Market" by research report provider Packaged Facts. The study revealed that the overall United States lawn care market grew 3.9 percent to $21 billion in 2000 and is expected to grow to $26 billion by in 2005.

Besides figures on professional lawn care services, the study showed that the lawn equipment category, which includes outdoor power equipment, tools and implements, and watering/spraying devices, reached a historic high of $12.6 billion in 2000. Also, the lawn and garden supply category, covering fertilizers/growth media and pest control, jumped nearly 5 percent over 1999 sales to garnish $4.9 billion in 2000.

The study revealed that renewed growth in the market is mostly attributed to the 77 million aging baby boomers who account for most of the equipment, product and service expenditures associated with lawn care.

"Most baby boomers have become affluent homeowners, viewing lawn care and gardening as outdoor leisure activities and basic functions of homeownership," said Richard Koulbanis, senior VP of research publishing for MarketResearch.com. "Because beautifying a home while improving its value is important to any homeowner, investing in high-ticket landscaping products and services is considered both realistic and feasible."