Artificial Plant & Flowers Market Scope
Artificial flowers are limited to natural flowering plants used for commercial or residential decoration. Artificial plants vary widely from mass-produced varieties that are distinguishable from real plants by casual observation to highly detailed botanical or artistic specimens. Artificial plants and flowers vary widely from mass-produced varieties that are distinguishable from real plants and flowers by casual observation to highly detailed botanical or artistic specimens. Artificial plants and flowers are having low maintenance. A wide range of artificial flowers and plants are available in the market. Increase use of artificial flowers and plants in corporate offices to décor this factor is driving the market and Artificial plants &flowers are harmful to the environment this factor may restrain the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Jiangsu Goldmoon Industry Co., Ltd. (China), Plantscape, Inc. (United States), The green house (India), Atheer Flowers (United Arab Emirates), Artificial Plant Co., Ltd. (China), Nearly Natural (United States), Dubai Garden Centre (United Arab Emirates), Hengxiang Artificial Plants Co (China) and Vert escape (United States) |
CAGR | % |
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for artificial flowers & Plants. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Artificial Plant & Flowers market throughout the predicted period.
Jiangsu Goldmoon Industry Co., Ltd. (China), Plantscape, Inc. (United States), The green house (India), Atheer Flowers (United Arab Emirates), Artificial Plant Co., Ltd. (China), Nearly Natural (United States), Dubai Garden Centre (United Arab Emirates), Hengxiang Artificial Plants Co (China) and Vert escape (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are International TreeScapes, LLC (United States), Tree Locate (United Kingdom), J. S. Flower Company Limited (Thailand) and dongguan hengxiang artificial plants co. ltd (china).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Artificial Plant & Flowers market by Type , by Application (Residential, Non-Residential, Events and Others) and Region with country level break-up.
On the basis of geography, the market of Artificial Plant & Flowers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In April 2021, Interior Stylists and plant Enthusiast Hilton carter collaborated with target stores to introduce a limited edition of faux plants with soothing colors to provide a welcoming appeal in the interiors.
Influencing Trend:
Increasing adoption of artificial plant and flower
Market Growth Drivers:
Increase the use of artificial flowers and plants in corporate offices to decor
Challenges:
High Cost of raw materials for artificial plants and flowers
Restraints:
Artificial plants &flowers are harmful to the environment
Opportunities:
Demand increases during any occasion and events
Key Target Audience
Artificial Plant & Flowers Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries