Global Online Nursery Market SIze To Exceed USD 347.85 Million by 2033 | CAGR of 7.1%

Category: Agriculture

RELEASE DATE Mar 2024
REPORT ID SI4103

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Global Online Nursery Market SIze To Exceed USD 347.85 Million by 2033 

According to a research report published by Spherical Insights & Consulting, the Global Online Nursery Market Size is to Grow from USD 175.15 Million in 2023 to USD 347.85 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 7.1% during the projected period.

Global Online Nursery Market

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Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the "Global Online Nursery Market Size, Share, and COVID-19 Impact Analysis, By Type (Flowering Plants, Shrubs, Vegetable Seeds, Indoor Plants, Air-Purifying Plants, Others), By End User (B2B, B2C), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Detailed Report Description Here:https://www.sphericalinsights.com/reports/online-nursery-market

 

An online nursery plant can be thought of as a virtual store selling pots, plants, flowers, and other gardening supplies. All of this happens over the internet. Many customers prefer these stores because they can select their favorite plant from a large selection and have it delivered straight to their door. Online plant nurseries have significantly increased the convenience of gardening by delivering plants to customers' doorsteps. Customers can also choose from a large selection of plants. This is regarded as the most recent market trend. Furthermore, as global internet penetration increases, demand for online nurseries is expected to rise dramatically. The ever-expanding e-commerce sector, with its widespread reach and ease of access, is expected to significantly increase global demand for online nurseries. More and more people are turning to online shopping for the convenience of home delivery, the variety of options, and the ability to compare prices and reviews. This trend is also seen in the nursery industry, where customers prefer to buy plants online. However, online nurseries have many benefits, but they also have some drawbacks that can significantly impede market growth. One such issue is the difficulty of transporting living plants. Some plants might be too big to transport. They may sustain damage during transportation to their destination. Live plants that are being shipped should be handled with extreme care, and precautions must be taken to keep them from falling or breaking.

 

The flowering plants segment dominates the global online nursery market with the largest revenue share over the anticipation timeframe.      

Based on the type, the global online nursery market is categorized into flowering plants, shrubs, vegetable seeds, indoor plants, air-purifying plants, and others. Among these, the flowering plants segment is dominating the global online nursery market with the largest revenue share over the anticipation timeframe owing to its excellent sound absorption abilities. With the growing trend of urban gardening and increased awareness of the numerous benefits of indoor plants, such as air purification and aesthetics, their popularity has skyrocketed among consumers around the globe. People are increasingly embracing the idea of bringing nature indoors, not only to improve the aesthetics of their living spaces but also to improve air quality and create a calming environment. Indoor plants can boost your mental health and well-being. Their presence has been linked to decreased stress, improved mood, and increased feelings of relaxation. Furthermore, certain indoor plants have been shown to have specific therapeutic properties, such as improving sleep or alleviating anxiety symptoms.

 

The B2C segment is witnessing significant CAGR growth in the global online nursery market over the anticipation timeframe.   

Based on the end user, the global online nursery market is categorized into B2B and B2C. Among these, the B2C segment is witnessing significant growth in the global online nursery market over the anticipation timeframe. This dominance is due to a variety of factors, including the increasing convenience of online shopping for individual customers and the availability of a broader range of product offerings. In addition to convenience, the B2C sector has gained popularity because it allows customers to compare prices and read reviews before making a purchase. Increased transparency and information empower the average consumer, making B2C transactions more appealing and trustworthy.

 

North America is anticipated to hold the largest share of the global online nursery market over the predicted timeframe.

North America

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North America is projected to hold the largest share of the global online nursery market over the forecast period. With its reputation for rapid technological adoption and widespread internet access, this region has seen a significant increase in consumers purchasing plants and nursery products online. The convenience of online platforms, combined with the vast array of options available, has attracted a diverse range of customers, from gardening enthusiasts to interior designers, all seeking to explore and beautify their spaces with the best selection of plants and nursery products. In recent years, the North American market has experienced significant growth and evolution in this sector. The Asia Pacific market is expected to grow at the fastest CAGR growth during the forecast period. The Indian online nursery market is expanding rapidly, driven by a combination of factors such as increased urbanization, rising disposable income, and a growing interest in horticulture and gardening.

 

Major vendors in the global online nursery market are Great Garden Plants, Monrovia Nursery Company, Prairie Nursery, Greenwood Nursery, Desert Horizon Nursery, The Davey Tree Expert Company, Pike Nurseries, Gardens Alive, Inc., Moon Valley Nurseries, Bay Laurel Nursery, and Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2024, Perfect Plants, a family-owned online nursery that specializes in the nationwide delivery of various plants and gardening supplies, began assisting customers in reducing their reliance on pesticides by introducing ryegrass. This natural weed barrier protects a wide range of trees, plants, and crops without the risks associated with chemical pesticides. This innovative solution has already been implemented in their Rose and Hydrangea Trees, both of which are available for pre-order on the Perfect Plants website.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global online nursery market based on the below-mentioned segments: 

Global Online Nursery Market, By Type

  • Flowering Plants
  • Shrubs
  • Vegetable Seeds
  • Indoor Plants
  • Air Purifying Plants
  • Others

 

Global Online Nursery Market, By Indication

  • B2B
  • B2C

 

Global Online Nursery Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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