Japan Bonsai Market Size, Share, and COVID-19 Impact Analysis, By Type (Indoor Bonsai Trees, Outdoor Bonsai Trees), By Style (Formal Upright, Broom, Slanted Bonsai), and Japan Bonsai Market Insights Forecasts to 2033

Industry: Agriculture

RELEASE DATE Jan 2024
REPORT ID SI3506
PAGES 200
REPORT FORMAT PathSoft

Japan Bonsai Market Size Insights Forecasts to 2033

  • The Market Size is Growing at a CAGR of 6.3% from 2023 to 2033.
  • The Japan Bonsai Market Size is Expected to Hold a Significant Share by 2033.

Japan Bonsai Market

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The Japan Bonsai Market Size is Expected to hold a significant share by 2033, during the Forecast Period 2023 to 2033.

 

Market Overview

Bonsai is the Japanese art of cultivating and training miniature trees in pots, which evolved from the traditional Chinese art of penjing. Unlike penjing, which uses traditional techniques to create completely natural scenery in small pots that mimic the exquisite shapes of real-life scenery, Japanese bonsai only tries to create small trees that look like real-life trees. The loanword bonsai has become an umbrella term in English, referring to a variety of miniature potted plants and, on occasion, other living and non-living things. Bonsai is not intended for use in food or medicine. Instead, bonsai practice focuses on the long-term cultivation and shaping of one or more small trees growing in a container. A bonsai is created by starting with a specimen of the source material. This could be a cutting, seedling, or small tree from a bonsai-friendly species. Bonsai can be made from almost any perennial woody-stemmed tree or shrub that has true branches and can be kept small by pot confinement and crown and root pruning. Furthermore, the increased awareness of the benefits of growing bonsai plants and decreased cultivation area is likely to fuel demand for the Japan Bonsai market during the forecast period.

 

Report Coverage

This research report categorizes the market for Japan bonsai market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan bonsai market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan bonsai market.

Japan Bonsai Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period 2023-2033 CAGR:6.3%
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Type, By Style, and COVID-19 Impact Analysis
Companies Covered: Galderma S.A., Bonsai Network Japan Co., Ltd., Seitaro Arai & Co., Ltd., Nomura Holdings, Inc., YOSHOEN, Taishoen Bonsai Nursery, Others, and
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

Japanese people prefer to grow bonsai plants since they promote positivity and contribute to the beauty of the environment. The presence of attractive Bonsai nurseries and gardens with high footfall increases the popularity of Bonsai plants in the country. The increase in demand for Bonsai plants from urban areas due to limited space in homes, buildings, and offices has a significant impact on the Japan bonsai market growth. Furthermore, the presence of bonsai plants on the work desk promotes a positive environment and is aesthetically pleasing. They are in high demand in the office because they help employees achieve maximum productivity by creating a relaxing and stress-free environment.

 

Restraining Factors

Bonsai plants require extensive maintenance and mineral-rich fertilizers such as potassium, phosphorous, and nitrogen (NPK), which leads to a high incidence of fungus and mold problems. Growers frequently use different NPK ratios for different trees and times of year. Nitrogen promotes leaf and stem growth, as well as above-ground growth. Potassium improves overall plant health. These elements require different types of fungus to decompose and become fertilizers, which leads to a hamper the growth of the Japan bonsai market.

 

Market Segment

  • In 2023, the indoor bonsai trees segment accounted for the largest revenue share over the forecast period.

Based on the type, the Japan bonsai market is segmented into indoor bonsai trees and outdoor bonsai trees. Among these, the indoor bonsai trees segment has the largest revenue share over the forecast period. These enchanting miniature trees, meticulously cultivated and shaped, command attention and transform any space into an oasis of natural beauty. Their carefully pruned branches and delicate foliage add a touch of tranquility and aesthetic allure to living rooms, offices, and even small apartments.

 

  • In 2023, the formal upright segment accounted for the largest revenue share over the forecast period.

Based on the style, the Japan bonsai market is segmented into formal upright, broom, and slanted bonsai. Among these, the formal upright segment has the largest revenue share over the forecast period. This style beautifully mimics the natural growth of trees, displaying a disciplined and traditional aesthetic that appeals to a diverse range of bonsai enthusiasts. With its strong market presence, the formal upright style continues to captivate and inspire. While the formal upright style dominates, other styles such as broom and slanted also have a significant share. These variations in market trends and cultural preferences help to create a vibrant and diverse bonsai community.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan bonsai market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Galderma S.A.
  • Bonsai Network Japan Co., Ltd.
  • Seitaro Arai & Co., Ltd.
  • Nomura Holdings, Inc.
  • YOSHOEN
  • Taishoen Bonsai Nursery
  • Others

 

Key Target Audience

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

 

Market Segment

This study forecasts country revenue from 2022 to 2033. Spherical Insights has segmented the Japan bonsai market based on the below-mentioned segments:

 

Japan Bonsai Market, By Type

  • Indoor Bonsai Trees
  • Outside Bonsai Trees

 

Japan Bonsai Market, By Style

  • Formal Upright
  • Broom
  • Slanted Bonsai

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