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Artificial Plants Market Size, Share and Analysis By Product Type (Whole Plants & Trees, Stem Flowers, Wood & Branches, Grass, and Others), By Application (Commercial and Residential), Distribution Channel (Offline and Online) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106540 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global artificial plants market size is expected to rise due to their advantage of sustaining in any climatic conditions in residential and commercial settings. Some of the reasons for the growing product demand are plants’ durability and low maintenance costs. Easy accessibility, low cost, and longevity of artificial plants are some of the significant growth opportunities of the global artificial plants market. The plants are abundantly adopted across households and other commercial spaces to uplift the appeal of a particular space and require little or no maintenance, providing remarkable growth opportunities for the market. Lack of time available for nurturing natural plants has shifted the interest towards purchasing artificial plants, which is expected to flourish the product demand.


Also, fluctuating climatic conditions have deteriorated the fertility of the soil and thereby hampering the growth of natural plants. It will shift the users to opt for artificial plants and flowers.


  • According to a forecast from the Indian Meteorological Department (IMD) in September 2021, the rainfall patterns in North East India are changing, and the frequency of dry periods and droughts are increasing, causing the drying up of the land and limiting the land fertility of the soil for harvesting crops.


Collaborations and mergers with retailers by brands and individual designers have widened the availability for selecting various sorts of faux plants and such categories, thereby increasing the growth aspects of the artificial plants industry.


  • For instance, in April 2021, Interior Stylists and Plant Enthusiast Hilton Carter collaborated with Target Stores to introduce limited editions of faux plants with soothing colors to provide a welcoming appeal in the interiors.


Impact of COVID-19 on Artificial Plants Market


The onset of COVID-19 has negatively impacted every industry due to their manpower shortage and closure of operations, which has considerably affected the production of various consumer goods and other commodities. The coronavirus outbreak has resulted in a crisis, and every region in the world has witnessed a downfall in its economic growth. The artificial plants market was significantly affected, as livelihood necessities were the main focus for all consumers, keeping aside the other non-essential items that resulted in a slowdown in demand for artificial plants.

The artificial plant market is expected to witness significant growth despite the impact of the covid crisis. The protocols and measures issued by governing bodies globally have led to the closure of commercial establishments, and the sales of such products have dwindled. However, the artificial plants industry is expected to regain its momentum in the future. There has been a decrease in consumer spending on non-essential items due to the decline in the purchasing power among the people and economic crisis in various parts of the world with the onset of the covid-19 pandemic, which has resulted in the downturn in sales of such products.

Key Insights


The report will cover the following key insights:


  • Easy accessibility, low cost, and longevity of artificial – For Artificial Plants Market

  • Lack of Time availability for nurturing real plants– For Artificial Plants Market

  • Overview of Artificial Plants Market- For Artificial Plants Market

  • Advanced Technologies in such products (Insect repellent and Bioluminescent Plants)- For Artificial Plants Market

  • Impact of COVID-19 on Artificial Plants Market


Analysis by Product Type


The whole plants & trees category is expected to exhibit the dominant share in the global artificial plants market as these plants uplift the aesthetic appeal of the interiors and require very low maintenance. These plants are easily available, and consumers can use them as decorative items on any occasion. The wide usage of this type is due to its indoor requirement in households and other commercial spaces with low-maintenance requirements and pleasing interior appeal.

Analysis By Application


The residential segment is anticipated to hold the largest share of the global artificial plants market due to the increasing adoption in interiors, terraces, balconies, and backyards of homes and apartments. Lesser maintenance and care for nurturing artificial plants have captivated users' interest in adopting in the residential living spaces to raise the environmental appeal as these plants resemble natural ones. Moreover, the cost of purchasing artificial plants is way less than the natural ones, and due to their low-cost maintenance, these plants have widespread usage in residential spaces.

Analysis By Distribution Channel


The offline distribution channel is expected to contribute to a leading segmental share of the global artificial plant market as the offline plant stores, and roadside plants/flowers vendors deal with different artificial plants at a low cost. Users find it easy to purchase instantly and when required. Moreover, increasing penetration of flower boutiques in towns and cities facilitates the sales demand for such products as the varied collections that retailers sell surge the demand for such products.

Regional Analysis


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The North American region is projected to account for the largest market share in the global artificial plants market as the artificial plants are manufactured through the latest technologies and user-friendly materials. Canada and the U.S are among the most popular regions worldwide, extensively using such plants on multiple occasions. Many artificial plant manufacturers in the North American region use the latest technologies to cater to varied end-user applications. International Plantworks and International TreeScapes, LLC are two prominent fake plant manufacturers that offer artificial, custom-fabricated, replica plants, trees, and florals handwoven in America. The design professionals at International Plantworks have been building gorgeous green walls, plants, and faux florals for the hospitality market for over 40 years in Las Vegas, U.S.

Also, the amusement parks and other commercial spots focus on adopting a large number of such plants, thereby surging the growth opportunities in the region.

Key Players Covered



  • Treelocate Ltd.

  • International Plantworks

  • Sharetrade Artificial Plant and Tree Co. Ltd.

  • Nearly Natural

  • Commercial Silk Int’l

  • & Plantscape Inc.

  • International TreeScapes LLC

  • China Sil Flower Factory

  • J.S. Flower Company Ltd.

  • GreenTurf


Artificial Plants Market Segmentation Analysis:


















By Product Type


 By Application


By Distribution Channel


By Geography



  • Whole Plants & Trees

  • Stem Flowers

  • Wood & Branches

  • Grass

  • Others




  • Commercial

  • Residential



 

 

 


  • Offline

  • Online




  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of APAC)

  • Middle East & Africa (UAE, South Africa, and Rest of MEA)

  • South America (Brazil, Argentina, and Rest of South America)  



Key Industry Developments



  • In Aug 2021, Vistafolia, a global creator and supplier of realistic artificial green walls, launched a new base polymer for artificial plants through collaboration with the University of Surrey. The plant material is designed using renewable sources.

  • In Oct 2019, The Sill, Inc., an online houseplant delivery company, launched a faux plant, including the Pilea plant and Faux Flowers, available in various colors and look real.





  • Ongoing
  • 2023
  • 2019-2022

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