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A recent study by Freedonia Group, a large US research institute, shows that demand for man-made landscape products in the United States is expected to grow at a rate of 5.6% per year and reach $3.5 billion by 2021. While slow sales growth in existing homes is a sign of home improvement trends, including landscaping, sales of products such as boulders, trims and paving stones will grow strongly in 2021.
The strong growth in new housing construction will stimulate demand for ceramic tiles, and when a large number of new homes are built, it will stimulate more outdoor landscape growth. In addition, the growing popularity of outdoor living spaces, such as terraces and outdoor kitchens, will boost the demand for outdoor bricks.