PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236050
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236050
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Global Flowerpots and Planters Market is valued at approximately USD 1.02 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2022-2029. Flowerpots and Planters refer to containers that are used for growing flowering plants or herbs largely in houses and commercial buildings and office spaces. Moreover, flowerpots and planters have applications in increasing the aesthetic appearance of the bedroom, home garden, and front space of homes & offices among others. The increasing adoption of indoor houseplant gardening and growing expenditure on home decoration products are key factors driving the market growth.
The rise in adoption of indoor houseplant gardening is contributing towards the growth of the Global Flowerpots and Planters Market. For instance - according to Statista - in 2019, an estimated 33.1 million households in the U.S. participated in indoor houseplant gardening, and this number further increased to 37.6 million in 2020. Additionally, in 2021 Houseplant sales in garden centers in the United Kingdom (UK) increased by nearly 30 percent from 2020 levels. Also, growing construction activities and rising urbanization in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Flowerpots and Planters stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Flowerpots and Planters Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing popularity of inhouse plantations and rising development of commercial spaces in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising adoption of vertical gardening in apartments and multi-storey buildings and presence of leading regional market players in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable