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Gardening pots have nowadays displayed an escalating development as people are progressively inclined towards the growth of their own plants. The various positive characteristics of the usage of the product include provide easy portability, ideal for growing plants from a nursery, and offers easy maintenance. The rising popularity of decoration of hotels with various types of flowers to make more cozy and relax is accelerating the usage of the product. Furthermore, the growing expenditure made on gardening activities around the world is estimated to play a vital role in the increasing consumption. For instance, according to the data issued by the National Garden Association, April 2019, is declaring that the United States is evaluated to make an expenditure of USD 52.3 billion in its lawn and gardening activities.
The increasing concern for the environment among the global population resulting from planting more trees is projected to have a crucial contribution towards the market growth. For instance, according to the data issued by One Tree Planted ‘Planting Report 2019’, is stating that it has planted more than 4 million trees around the world with 1.8 million in North America, 4,65,000 in Asia, 423,000 in Latin America, and 1.2 million in Africa. Furthermore, the growing trend of the usage of the product in tourist destinations all over the world for beautifying and enhancement of the place to help attract more people is likely to fuel the consumption rate.
Nevertheless, some pots which are made especially from clay resulting to crack or even break due to the pressure coming from the root of a plant is acting as a hampering factor for the market growth.
Key Market Driver -
The rising concern for the environment leading to planting more trees is acting as a driving factor for the market growth
Key Market Restraint -
Some pots resulting to crack or even break due to the pressure from the root of the plant is hampering the market growth
Garden Need, Jordan Plastics Inc., Landmark Plastic Corporation, Nursery Supplies Inc., Biodegradable Pots, and others are the key companies operating in the global gardening pots market.
The gardening pots market is segmented into by product type, application, distribution channel, and geography.
On the basis of product type, the market is fragmented into clay, plastic, and metals. Plastic is projected to be the leading segment owing to the availability of the product in a reasonable price range and the lightweight of the product offering easy movability.
Based on application, the market is bifurcated into residential and commercial. The commercial segment is estimated to be the greater market on account of large number of businesses planting flowers and various types of plants on a large-scale basis. Additionally, the large demand of the product in places such as hotels, resorts, and others for showcasing their plants and flowers upsurge the need in this segment.
By distribution channel, the market is divided into e-commerce and retail stores. Retail stores is anticipated to be the larger segment due to consumers possessing the ability to make a comparison between various type of gardening pots through the touch and feel of the actual product. Likewise, the rising number of scams happening on an e-commerce platform from both parties makes retail stores more preferable.
On the basis of region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
North America is anticipated to be the prominent market shareholder and is estimated to continue throughout the forecast period of 2020-2027. The booming growth of floriculture resulting to propel the need and requirement of the gardening pots is helping to accelerate the demand. For instance, according to the USDA.Gov’Flouriculture Crops 2018 Summary’, is stating that in 2018 the entire value of floriculture crops is upsurge by 9 percent from 2015 and is estimated to make sales of over USD 4.77 billion. Furthermore, the rising popularity among people of purchasing plants to help conserve animals is acting as a positive influence towards the market growth. For instance, according to the National Wildlife Federation, May 2020, is proclaiming that 64.1 million which is one out of four adults in American purchase plants to help out to birds, bees or butterflies, and others animals.
Europe is projected to a prominent market shareholder in the gardening pots market owing to the rising number of plant and flower trade shows such as Sival, De Groene Sector Vakbeurs, Supermessut Garden, and others are helping to escalate the purchase of plant products. For instance, Flower Fair.Org, is declaring that Sival trade fair has about 620 exhibitors, 22,800 professional visitors, on an annual basis in France. Additionally, the prestigious gardening award handed to people doing outstanding work in gardening results to encourage more people to pursue gardening is estimated to have a significant contribution to the market growth. For instance, according to the European Garden Heritage Network, September 2019, is declaring that Jardí Botànic Barcelona (Spain) receives the first position in the European Garden Award.
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