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Global Tree Services Market Analysis 2024, Forecast To 2033

7 Nov, 2024

The tree services market size has expanded rapidly in recent years, set to grow from $1.14 billion in 2023 to $1.30 billion in 2024, with a compound annual growth rate (CAGR) of 13.8%. This growth has been spurred by a heightened focus on sustainability, increased demand for services to mitigate storm damage, growing disposable incomes, supportive government initiatives, and the expansion of landscaping services. In the coming years, the tree services market is projected to experience further rapid growth, reaching $2.20 billion by 2028, at a CAGR of 14.1%. This forecasted growth is attributed to urban expansion, increased storm frequency, a greater prevalence of pests and diseases, evolving municipal regulations, and growth in the real estate sector. Notable trends in this market include innovations in tree care techniques and equipment, an increasing demand for green infrastructure, advancements in pruning tools, and the application of drones and other technologies for tree health assessments.

Global Tree Services Market Key Driver

The expansion of the construction industry is expected to propel the growth of the tree services market. This industry involves the design, planning, and maintenance of infrastructure and buildings, fueled by the demand for modernized facilities and urban expansion. Tree services are crucial for managing vegetation during construction, ensuring environmental compliance and site preparation. In September 2024, the U.S. Census Bureau estimated construction spending at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, a 6.7% increase from $2,027.4 billion in July 2023, with public construction rising to $270,803 million in July 2024 compared to $243,948 million in 2023. Therefore, the construction industry's expansion is driving the growth of the tree services market.

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Global Tree Services Market Segments

The tree services market covered in this report is segmented –
1) By Type: Tree Care, Tree Landscaping
2) By Tree Type: Deciduous Trees, Coniferous Trees, Fruit Trees, Ornamental Trees
3) By Application: Residential, Municipal, Commercial
By Geography:The regions covered in the tree services market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Asia-Pacific was the largest region in the tree services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Major Tree Services Industry Players

BrightView Holdings Inc., Davey Tree Expert Company, SavATree, U.S. Lawns Inc., FA Bartlett Tree Experts Co., Grounds Guys LLC, Timberline Tree Service, Evergreen Tree Care Inc., Jim's Trees SA, JL Tree Service, Tarzan Tree Removal, Eagle Tree Care LLC, Trav's Tree Services, All About Trees LLC, Sydney Tree Company, Tree Care Inc., Pacific Tree Care, Tree Masters Inc., Premier Tree Service Inc., Healthy Trees LLC, Greener Trees, Pro Tree Service, Top Notch Tree Care, Elite Tree Service

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Tree Services Market Overview

Tree services refer to professional services related to the care, maintenance, and management of trees and other woody plants in urban and rural environments. The main goal of tree services is to ensure tree health, safety, and aesthetic appeal while preserving the surrounding environment.

Tree Services Global Market Report 2023 provides data on the global tree services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The tree services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.