PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1798003
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1798003
According to Stratistics MRC, the Global Perennials Market is accounted for $9.08 billion in 2025 and is expected to reach $14.49 billion by 2032 growing at a CAGR of 6.9% during the forecast period. Perennials are plants that live for more than two years, typically flowering and producing foliage seasonally. Unlike annuals, which complete their life cycle in a single year, perennials regrow each spring from the same root system. They are valued for their resilience, low maintenance, and ability to enhance landscapes with lasting color and texture. Common examples include lavender, peonies, and hostas, making them popular choices for both residential and commercial gardening.
Rising popularity of home gardening
As urban dwellers seek greener, more sustainable living spaces, perennials offer low-maintenance beauty and long-term value. The pandemic accelerated interest in self-sufficiency and outdoor hobbies, making gardening a therapeutic and rewarding pursuit. Additionally, social media and DIY culture have inspired a new generation of gardeners to experiment with perennial plants for aesthetic and ecological benefits. With growing concerns about climate change, native and drought-resistant perennials are gaining traction, aligning with eco-conscious consumer preferences and sustainable landscaping trends.
Limited seasonal availability
Unlike annuals, which have a defined growing season, many perennials are dormant for a significant portion of the year, limiting the window for sales and consumer engagement. This seasonal cycle creates a "boom and bust" market, with high demand and availability in spring and early summer, followed by a steep decline as plants enter dormancy. This not only impacts revenue streams but also makes inventory management difficult, as businesses must forecast demand and manage stock levels for a short, intense selling period. This seasonality also limits consumer access to a wide variety of plants year-round, potentially hindering market growth and reducing the overall appeal of perennials to a broader audience.
Growing demand for low-maintenance plants
Homeowners and urban gardeners increasingly seek plants that require minimal care, watering, and pruning, making perennials an ideal choice. Their ability to return year after year without replanting adds long-term value and convenience. This trend is especially strong among novice gardeners and aging populations who prefer easy-to-manage landscapes. Additionally, low-maintenance perennials support sustainable gardening practices by reducing resource consumption. As environmental consciousness rises, these resilient, self-sustaining plants are becoming staples in both residential and commercial outdoor spaces.
Storage and transportation challenges
Perennials are often sensitive to temperature, humidity, and handling conditions, requiring specialized logistics to maintain their health during transit. Inadequate storage facilities or improper packaging can lead to plant damage, reduced shelf life, and increased waste. These issues are particularly problematic for long-distance shipping and e-commerce channels, where delays or mishandling can compromise customer satisfaction. Additionally, the bulky nature of mature perennials adds complexity and cost to transportation.
The COVID-19 pandemic had a mixed impact on the perennials market. While supply chain disruptions and labor shortages initially hindered production and distribution, the surge in home gardening during lockdowns significantly boosted consumer interest. With people spending more time at home, gardening became a popular hobby, driving demand for easy-to-grow, long-lasting plants like perennials. Online plant sales also grew, prompting nurseries to adapt to digital platforms. Overall, the pandemic reshaped consumer behavior, favoring self-sufficiency and outdoor living.
The herbaceous perennials segment is expected to be the largest during the forecast period
The herbaceous perennials segment is expected to account for the largest market share during the forecast period, due to their vibrant seasonal blooms, low maintenance needs, and ecological benefits. Gardeners value their ability to return annually without replanting, offering long-term cost savings and visual appeal. Their adaptability to various climates and soil types makes them ideal for sustainable landscaping. Additionally, increased interest in pollinator-friendly gardens has boosted demand for flowering herbaceous varieties that support biodiversity.
The residential landscaping segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the residential landscaping segment is predicted to witness the highest growth rate, fuelled by the desire to improve curb appeal, create functional outdoor spaces, and increase property value. Homeowners are investing more in gardens that offer year-round beauty with minimal upkeep, making perennials an attractive choice. The trend toward sustainable and water-efficient landscaping further boosts demand for hardy, drought-tolerant varieties. Additionally, lifestyle shifts favouring outdoor relaxation and entertaining have elevated the role of perennials in modern garden design.
During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by rapid urbanization, rising disposable incomes, and growing interest in home gardening and sustainable landscaping. As cities expand, demand for green spaces and ornamental plants increases, with perennials offering long-term aesthetic and ecological benefits. Cultural appreciation for gardens in countries like Japan, China, and India also fuels market growth.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by a strong culture of home gardening, increasing environmental awareness, and demand for sustainable landscaping solutions. Homeowners seek low-maintenance; long-lasting plants that enhance curb appeal and support biodiversity, making perennials a popular choice. Additionally, expanding e-commerce platforms and DIY gardening trends have made perennials more accessible, while climate-resilient varieties appeal to consumers facing changing weather patterns.
Key players in the market
Some of the key players in Perennials Market include Dummen Orange, Terra Nova Nurseries, Syngenta, High Country Gardens, Boonstra, Wayside Gardens, Danziger, American Meadows, Hem Genetics, Spring Hill Nurseries, Future Plants, Plant Delights Nursery, Ozbreed, White Flower Farm, and Bluestone Perennials.
In February 2025, Syngenta and Ceres Biotics sign agreement to bring innovative biological solution to farmers globally. VIXERAN(R) enables farmers to optimize nitrogen fertilizer use and transition to more sustainable on-farm practices. Farmers seeking effective biological solutions to optimize their nitrogen fertilizer use are set to benefit from a new agreement between Syngenta Crop Protection and Ceres Biotics aimed at increasing farmer access to VIXERAN(R).
In January 2023, Dummen Orange and Cacti Youngplants are entering into an exclusive partnership for producing and marketing Sticculents(R). Dummen Orange will handle breeding and production of the plants, while Cacti Youngplants will be responsible for assembly and all market-facing commercial activities. This collaboration agreement offers Dummen Orange scope to focus fully on producing the starting material.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.