Global Artificial Plants and Foliage Market Insights Forecasts to 2032
- The Global Artificial Plants and Foliage Market Size was valued at USD XX Billion in 2022.
- The Market is growing at a CAGR of 5.4% from 2022 to 2032.
- The Worldwide Artificial Plants and Foliage Market is expected to reach USD XX Billion by 2032.
- Asia Pacific is expected to grow the fastest during the forecast period.
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The Global Artificial Plants and Foliage Market Size is expected to reach USD XX Billion by 2032, at a CAGR of 5.4% during the forecast period 2022 to 2032.
Artificial plants and foliage are duplicates of natural plants. These plants also called faux plants are made up of polyester, silk, paper, parchment, cotton, rubber, and others which are used for commercial or residential decorations. There are various types of artificial plants and foliage such as succulents, trees, flowers, topiary, and many more. Artificial flowers are a very popular choice for different types of decorations. Different companies and organizations are using artificial plants for interior design and decoration rather than natural plants. Most of these artificial plants have a chance of catching fire during events and wedding functions hence, people are getting smart and started using fire-retardant artificial plants and flowers which are highly flammable and reduce the risk of causing fire.
Global Artificial Plants and Foliage Market Report Coverage
|Market Size in 2022:||USD XX Bn|
|Forecast Period:||2022 – 2032|
|Forecast Period 2022 – 2032 CAGR:||5.4%|
|022 – 2032 Value Projection:||USD XX Bn|
|Historical Data for:||2020-2021|
|No. of Pages:||200|
|Tables, Charts & Figures:||150|
|Segments covered:||By Product Type, By Application, By Distribution Channel, By Material Type and By Region.|
|Companies Covered:||The Green House, Treelocate Ltd., Sharetrade Artificial Plant and Tree Co. Ltd., International Plantworks, Nearly Natural, J.S. Flower Company Limited, Commercial Silk Int'l & Plantscape Inc, China Silk Flower Factory, GreenTurf, International TreeScapes LLC, and Others.|
|Pitfalls & Challenges:||COVID-19 Empact, Challenge, Future, Growth, & Analysis|
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The driver for these markets is primarily in the commercial sector as an indoor decoration that needs minimal maintenance other than dusting now and then. This, in turn, drives the commercial market for artificial plants. Millennials' desire for convenience has increased demand for artificial plants. Replication of rare and attractive plants that are difficult to find and sustain in different weather conditions is also a major sales driver. People in many regions of the world are sensitive to various plants, hence artificial plants and foliage can be a great solution for them as well. During the festive season, catering to the needs of consumers by gifting artificial plants and flowers that are sturdy and long-lasting as an alternative to decomposable natural flowers and plants is driving the artificial plants and foliage market during the forecast period.
Some of the challenges the companies face include the difficulty for customers to move to artificial plants because they do not provide the benefits natural plants do, such as air cleaning and oxygen emission throughout the day. Consumers often need more time to purchase the products due to the materials utilized and the manufacturing process. Material that is being used for manufacturing artificial plants and foliage is mostly non-degradable hence restraining the market growth during the forecast period.
By Product Type Insights
The whole plants & trees segment dominates the market with the largest revenue share over the forecast period.
Based on product type, the global artificial plants and foliage market is segmented into whole plants & trees, stem flowers, wood & branches, grass, and others Among these, the whole plants & trees segment is dominating the market with the largest revenue share over the forecast period. These plants are mostly available and seem like natural plants or look like a copy of natural plants. Its maintenance cost is less and well is easy to clean. The demand for these plants is increasing owing to interior use, household usage, and commercial use. This segment helps to grow artificial plants and foliage market growth during the forecast period.
By Application Insights
The residential segment is witnessing significant CAGR growth over the forecast period.
Based on application, the global artificial plants and foliage market is segmented into commercial, and residential. Among these, the residential segment is witnessing significant CAGR growth over the forecast period. The global artificial plants market is increasing due to the use of artificial plants in balconies, terraces, and backyards of homes and apartments. Low maintenance costs and attractive designs of artificial plants and foliage are witnessing market growth during the forecast period. The buying cost for artificial plants is lesser as compared to natural plants.
By Distribution Channel Insights
The offline segment is expected to hold the rapid revenue growth of the global artificial plants and foliage market during the forecast period.
Based on the distribution channel, the global artificial plants and foliage market is classified into offline and online. Among these, the offline segment is expected to grow at a rapid pace during the forecast period. At offline stores and malls, various vendors and dealers deal with different artificial plants very cheaply. Consumers can find and buy it easily when they require it according to their requirements such as size, quality, colors, and designs. At offline stores customers can check the quality of products hence offline segment holds the significant growth of artificial plants market growth during the forecast period.
By Material Type Insights
The silk segment is projected to grow at the highest CAGR in the market during the forecast period.
Based on material type, the global artificial plants and foliage market is segmented into silk, plastic, rubber, paper, and others. Among these, the silk segment grows at the highest CAGR growth over the forecast period owing to eco-friendly artificial plants and flowers attracting more consumers, which are made up of natural fabric. It can be easily available at a cheap rate so production cost is also less. Moreover, artificial plants made from silk can be water resistant so they can be durable for several years. It reduces maintenance costs.
North America dominates the market with the largest market share over the forecast period.
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North America is dominating the largest market share over the forecast period. Owing to the demand for artificial plants and foliage for functions and interior decoration of houses, societies, and apartments. Furthermore, the use of advanced technology for manufacturing artificial plants and foliage will boost the market in North America during the forecast period.
Asia Pacific market is expected to grow the fastest rate during the forecast period owing to an increase in population. Furthermore, the region's artificial plants market is expected to rise in the approaching years due to an increase in busy lifestyles and increased earning capacity. Also increasing demand for artificial plants for interior or exterior decorations will drive the artificial plants and foliage market growth in the Asia Pacific region during the forecast period.
Europe accounted for the substantial CAGR growth over the forecast period. Europe is the largest natural plant exporter in the world, especially the Netherlands and Germany but they also have a big market for artificial plants and foliage, owing to use in various occasions and functions.
List of Key Market Players
- The Green House
- Treelocate Ltd.
- Sharetrade Artificial Plant and Tree Co. Ltd.
- International Plantworks
- Nearly Natural
- J.S. Flower Company Limited
- Commercial Silk Int'l & Plantscape Inc
- China Silk Flower Factory
- International TreeScapes LLC
Key Market Developments
- In August 2021, Vistafolia, a global manufacturer and provider of realistic fake green walls, collaborated with the University of Surrey to develop a new base polymer for artificial plants. The plant material is made from renewable resources.
- In January 2020, CeCeBlooms, a Darlington-based entrepreneur, was founded to meet the long-standing desire for flower stores among British consumers.
This study forecasts revenue at global, regional, and country levels from 2022 to 2032. Spherical Insights has segmented the global artificial plants and foliage market based on the below-mentioned segments:
Artificial Plants and Foliage Market, Product Type Analysis
- Whole Plants & Trees
- Stem Flowers
- Wood & Branches
Artificial Plants and Foliage Market, Application Analysis
Artificial Plants and Foliage Market, Distribution Channel Analysis
Artificial Plants and Foliage Market, Material Type Analysis
Artificial Plants and Foliage Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
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