The global artificial plants and flowers market size and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028. Key factors responsible for driving market revenue growth are non-requirement of soil or water, no maintenance cost, and high affordability.
Artificial plants and flowers are not created naturally, but from synthetic or artificial materials. These are majorly used in gardens and homes for decoration purposes. Also known as faux plants, artificial plants and flowers are often made of high-quality fabrics and plastics, such as polyesters. These are nowadays mainly used for indoor and outdoor decoration in both developed and developing countries.
Top Companies Operating in the Global Artificial Plants and Flowers Market Report:
Treelocate (Europe) Ltd., The Green House, Sharetrade Artificial Plant and Tree Co., Ltd., International Plantworks, Nearly Natural, Commercial Silk Int\'l Plantscape Inc., GreenTurf, Dongguan Hengxiang Artificial Plants Co., Ltd., International TreeScapes, LLC, and Vert Escape.
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Revenue growth in the global consumer goods market is primarily due to factors such as the rapid increase in the world population, the growing demand for food and other essential goods, including healthcare nutrition, personal care hygiene, and electronic products. Consumer preferences and lifestyles are changing significantly, the demand for packaged and processed food and beverage products is rising, and the number of people working is increasing. There has been a rapid adoption of cutting-edge technologies such as artificial intelligence (AI), IoT (Internet of Things), big data analytics, robotics automation in the consumer goods industry. Other key factors driving the growth of the global consumer goods market include a growing awareness of the adverse environmental impacts of plastic packaging and a growing demand for eco-friendly and sustainable packaging solutions. Rising income levels in developing economies such as India and stringent government regulations for product quality and safety are expected to boost market revenue growth in the near future.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Material Outlook (Revenue, USD Million, 2018 – 2028)
- Plastic
- Polyester
- Clay
- Cotton
- Glass
- Nylon
- Porcelain
- Silk
- Others
Price Range Outlook (Revenue, USD Million, 2018 - 2028)
- Mass
- Medium
Application Type Outlook (Revenue, USD Million, 2018 - 2028)
- Commercial
- Residential
Sales Channel Outlook (Revenue, USD Million, 2018 - 2028)
- Wholesalers/Distributors
- Direct Sales
- Online Retailers
- Independent Stores
- Specialty Stores
Key Takeaways of the Global Artificial Plants and Flowers Market Report:
- A comprehensive overview of the global Artificial Plants and Flowers industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Artificial Plants and Flowers market.
- Elaborate study of the leading regional markets in the global Artificial Plants and Flowers market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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