Global Artificial Plants Market, By Product Type (Whole Plants & Trees, Stem flowers, Wood & Branches, Grass and Others), Material Type (Plastic, Silk, Rubber, Paper and Others), End Use (Commercial and Residential), Distribution Channel (Store-Based and Non-Store), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Global Artificial Plants Market
The artificial plants market is expected to witness market growth at a rate of 4.4% in the forecast period of 2022 to 2029 and is expected to reach USD 1,326.01 million by 2029. Data Bridge Market Research report on artificial plants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the trend amongst the millennial is escalating the growth of artificial plants market.
Artificial plants are also called as faux plants. These plants are made of a change of materials including polyester, silk, paper, parchment, cotton, rubber, and others. Though, polyester is a highly favoured material by producers for the manufacturing of artificial plants because of the convenience and low cost of the raw material. Artificial plants have applications in both residential and commercial settings.
Major factors that are expected to boost the growth of the artificial plants market in the forecast period are the rise in the need for artificial plants and trees. Furthermore, the enhancement in the design and technology in the products is further anticipated to propel the growth of the artificial plants market. Moreover, the growing adoption for artificial plants as an indoor decoration by residential households and the commercial sector is further estimated to cushion the growth of the artificial plants market. On the other hand, the artificial plants are created from of non-biodegradable substances which causes a huge problem in disposable of these products which is further projected to impede the growth of the artificial plants market in the timeline period.
- In addition, the dearth of convenience of time needed for caring of real plants will further provide potential opportunities will further provide potential opportunities for the growth of the artificial plants market in the coming years. However, different than real plants, artificial plants do not release oxygen in the air and do not aid in decreasing the volatile organic compounds (VOCs) in the air which might further challenge the growth of the artificial plants market in the near future.
This artificial plants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the artificial plants market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Artificial Plants Market Scope and Market Size
The artificial plants market is segmented on the basis of product type, material type, end use and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the artificial plants market is segmented into whole plants & trees, stem flowers, wood & branches, grass and others.
- On the basis of material type, the artificial plants market is segmented into plastic, silk, rubber, paper and others.
- On the basis of end use, the artificial plants market is segmented into commercial and residential.
- On the basis of distribution channel, the artificial plants market is segmented into store-based and non-store.
Artificial Plants Market Country Level Analysis
The artificial plants market is analysed, and market size, volume information is provided by country, product type, material type, end use and distribution channel as referenced above.
The countries covered in the artificial plants market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.
North America dominates the artificial plants market due to the rise in the demand for artificial plants are used in several festivals and occasions. Furthermore, the usage of advanced technologies for manufacturing several types of artificial plants will further boost the growth of the artificial plants market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the artificial plants market due to the rise in the population. Moreover, the increase in the busy lifestyles and the rising earning capacity is further anticipated to propel the growth of the artificial plants market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Artificial Plants Market Share Analysis
The artificial plants market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the artificial plants market.
Some of the major players operating in the artificial plants market are Treelocate (Europe) Limited, The Green House, Artificial Plant Co., Ltd., Sharetrade Artificial Plant and Tree Co., Ltd., Nearly Natural, Plantscape Inc., GreenTurf (P) LTD., Dongguan Hengxiang Simulation Plant Co., Ltd., International TreeScapes, LLC, Vert Escape and JS Flower Company Limited among others
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