Anyone have an idea of how large the tree care industry is? I was asked this by a customer and realized I had no clue. Finding the answer has proved difficult as well.
Size of the industry
- Thread starter pureascension
- Start date
- Location
- Louisville, KY
I guess I will have to shamelessly plug my paper: http://joa.isa-arbor.com/request.asp?Jou...ue=4&Type=1
Granted, these numbers are from 2002. The last economic census was released for 2007 numbers.
Granted, these numbers are from 2002. The last economic census was released for 2007 numbers.
Wow great article. Way more than I was expecting to get. Thank you very much.
- Location
- Phoenix Arizona
Its also one of the questioned asked on this Business plan outline I have in front of me. Very helpfull indeed.
I was stumped, now Im overloaded
I was stumped, now Im overloaded
- Location
- Southern RI
very informative and exactly the type of info we all can use thanks for sharing
treehumper
Carpal tunnel level member
- Location
- Ridgefield, NJ
Interesting. This helps to explain the view many older tree service co's. take about advertising and selling. The industry growth through the nineties and early 2000's was exponential or,in other words, had past the tipping point.
Where are we now? Are we heading toward or on the other side of the curve where we are now defined as a mature industry with incremental single digit growth driven by sales and marketing and grabbing market share away from the competition vs. picking up the excess demand?
A very different market and one that should be reflected in any current business plan. It would be nice to see that paper revised and updated with the current census data from 2007 and any other sources that are even more up to date.
Where are we now? Are we heading toward or on the other side of the curve where we are now defined as a mature industry with incremental single digit growth driven by sales and marketing and grabbing market share away from the competition vs. picking up the excess demand?
A very different market and one that should be reflected in any current business plan. It would be nice to see that paper revised and updated with the current census data from 2007 and any other sources that are even more up to date.
- Location
- Louisville, KY
Treehumper- I think that we are seeing a maturation of the industry, with companies in several cities establishing and protecting market share. This pattern has been evident in mature markets for some time now, but we are seeing it in less mature markets as well.
I'm not sure that we are past a tipping point, but I do believe that we will see less absolute growth in most markets, but perhaps continued growth relative to the overall economy.
I also think that as markets mature, established firms are likely to demand protection against black market competitors (you know who you are
) using permits, licensing, etc. While this may be threatening to some, I think the overall effect will be good: society is better off with fewer firms that better emphasize safety and training. I'm sure this statement will rub some people wrong, but I have always felt that firms serve at least two masters: clients and employees.
In my opinion, a healthy market has a few larger firms and several smaller satellite firms and very few black market firms or individuals.
Sorry for the long-winded response. You can tell that very few people ask about this study
I'm not sure that we are past a tipping point, but I do believe that we will see less absolute growth in most markets, but perhaps continued growth relative to the overall economy.
I also think that as markets mature, established firms are likely to demand protection against black market competitors (you know who you are
In my opinion, a healthy market has a few larger firms and several smaller satellite firms and very few black market firms or individuals.
Sorry for the long-winded response. You can tell that very few people ask about this study
treehumper
Carpal tunnel level member
- Location
- Ridgefield, NJ
In NJ we've seen the beginning of the erection of barriers to enter the market with the adoption of the LTE laws.
Growth that paces the economy is a sign of a mature market. Mergers and acquisitions are the tools of the larger companies to sustain growth while we'll see some of the same with smaller co's trying to gain some critical mass in order to compete. Small co.s will also have to differentiate their services to find a niche they can occupy and maintain position in the market.
Most markets still consist of primarily "small" businesses (less than 250 employees)doing most of the work.
Ask Mark and Tom to post it here in the articles or expert speaks section. Do you think more funds would be available to update it?
Growth that paces the economy is a sign of a mature market. Mergers and acquisitions are the tools of the larger companies to sustain growth while we'll see some of the same with smaller co's trying to gain some critical mass in order to compete. Small co.s will also have to differentiate their services to find a niche they can occupy and maintain position in the market.
Most markets still consist of primarily "small" businesses (less than 250 employees)doing most of the work.
Ask Mark and Tom to post it here in the articles or expert speaks section. Do you think more funds would be available to update it?
- Location
- Louisville, KY
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Do you think more funds would be available to update it?
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I'm not sure, but the update(s) would surely be cheaper than funding a grad student for two years. Maybe the TCIA could take this on as a project? They are certainly in the position to do this.
Do you think more funds would be available to update it?
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I'm not sure, but the update(s) would surely be cheaper than funding a grad student for two years. Maybe the TCIA could take this on as a project? They are certainly in the position to do this.
- Location
- Decatur, AL
KyLimbwalker,
Where exactly do you see yourself in that "healthy market"?
Where exactly do you see yourself in that "healthy market"?
- Location
- Louisville, KY
I guess we're one of the larger firms in our market.
