Flower Pots And Planters Market Research, 2030
The global flower pots and planters market was valued at $978.70 million in 2020, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.
Flower pots and planters are containers that are used to cultivate and display small plants and flowers at households and different commercial spaces. They are majorly used as home and commercial spaces decorative items to enhance the beauty and aesthetic appearance of the bedroom, home garden, and front space of home & offices.
Surge in adoption for vertical garden, demand for houseplants in households and rise expenditure on home decoration products are likely to propel the flower pots and planters market growth during the forecast period. Rapid urbanization has resulted in the shrinking of living spaces, the adoption of vertical gardening utilizes the vertically accessible walls that solves the space limitation issues faced in traditional gardening. In addition, inclination of consumers toward home interior decorations at residences is expected to fuel the demand for flower pots and planters. Houseplants are gaining high traction among millennials, which is giving momentum to plant parenthood. Houseplants are considered to improve physical & mental well-being, reduce stress, and enhance aesthetics of home.
Lifestyle of consumers, especially in urban areas, is enhancing significantly, owing to increase in disposable income. Furthermore, owing rise in construction activities and luxurious lifestyle of consumers, the demand for flower pots and planter is rising, as they have becoming an integral part of to modern lifestyles. Furthermore, rise in willingness to spend more on home décor products including flower pots and planter are anticipated to offer remunerative opportunities for the expansion of the global market, as these products enhance the aesthetical appearance of homes and home garden. Thus, improvement in lifestyle is expected to provide potential growth opportunities for players operating in the global flower pots and planters market.
The global flower pots and planters market is segmented into product type, end user, distribution channel, and region. Depending on product type, the market is segregated into plastic, metal, ceramic, stone, wood, and others. On the basis of end user, it is fragmented into households and commercial. Depending on distribution channel, it is categorized into retail distribution and e-commerce. Region wise, the flower pots and planter market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
According to the flower pots and planters market trend, on the basis of product type, the plastic segment was the highest contributor to the flower pots and planters market size, with $328.1 million in 2020, and is estimated to reach $479.6 million by 2030, at a CAGR of 3.6% during the forecast period. Plastics such as polypropylene, low-density polyethylene, high-impact polystyrene, and high-density polyethylene are abundantly and easily available as raw materials to produce flower pots and planters. Plastics offer various benefits to manufacturers of flower pots such as low costs, easy availability, durability, lightweight, and easy transportation, which fueled their demand in the flower pots and planter manufacturing industry across the globe. Moreover, the recyclability and reusability of plastic planters and pots are the prominent characteristics of plastic materials, boost their adoption in the making of flower pots. Furthermore, the ease of adding desired designs to plastic pots and planters serves as a major advantage of plastic materials, thus boosting their sales, globally.
On the basis of end user, the commercial segment has gained significant share in the market in 2020. Installing flower pots and planters in office spaces is beneficial for employees. This is attributed to the fact that plants naturally filter toxins from rooms. Furthermore, office settings with flowering pots and planters assist in enhancing creativity and productivity since vivid colors and lively aromas have a favorable impact on thought process of employees. Moreover, the trend of terrace gardening is increasing in the hospitality industry, as hotels and resorts are setting up small gardens with pots and planters to grow organic vegetables and offer a serene environment to guests. Thus, a sustainable green space promotes more participation from employees and clients. Thus, above mentioned factors are likely to propel the demand for flower pots and planter through commercial segment.
By distribution channel, the retail distribution segment was the highest contributor to the market, with $749.6 million in 2020, and is estimated to reach $1,140.9 million by 2030, at a CAGR of 4.0% during the forecast period. Retail distribution includes hypermarkets/supermarkets, wholesale stores, and specialty stores. Hypermarkets/supermarkets feature a separate area for gardening and home decor products, making it easier for consumers to identify and purchase the products. These stores provide consumers with a premium advantage, such as availability of different varieties of flower pots and planters and offer discounts on certain products, assistance of sales representatives, and easy checkouts, which contribute toward the market growth through retail distribution segment.
According to the flower pots and planters market opportunities, Region wise, North America garnered a highest share in the market in 2020, and is expected to maintain its share throughout the flower pots and planters market forecast period. The popularity of gardening is increasing in North American countries. According to a study, Article and OnePoll 2020, 66% of the households in North America own at least one houseplant. The survey by Article and OnePoll further states that an estimated 27% (33.1 million) of the U.S. households participate in active indoor houseplant gardening. Moreover, millennials are gaining interest in gardening, and they are investing their time in buying plant seeds and engaging themselves in gardening activities. According to a poll conducted by the U.S. supplier, Bonnie Plants, over 20 million Americans began gardening for the first time in 2020, thus increasing the sale of pots and planters. The overall growth of the gardening culture among consumers of North America is expected to foster the growth of the flower pots and planters market share.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the flower pots and planters industry analysis from 2020 to 2030 to identify the prevailing flower pots and planters market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the flower pots and planters market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global flower pots and planters market trends, key players, market segments, application areas, and market growth strategies.
Flower Pots and Planters Market Report Highlights
| Aspects | Details |
 By Product Type |
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 By End User |
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 By Distribution Channel |
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 By Region |
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 Key Market Players | Planters Unlimited, Kone Crafts, Inter IKEA Systems B.V., Ashley Furniture Industries, The HC Companies, Atech, Elho B.V., Amop Synergies, Ado Urban Furniture, CROWD |
Analyst Review
This section provides the insights of top-level CXOs operating in the global flower pots and planters market. According to the top CXOs, the demand for houseplants is expected to grow significantly in corporate offices and home office settings. With rising adoption of the work-from-home culture and the re-opening of offices across the globe, the sales of flower pots and planters is projected to spike. It is evident that houseplants may increase the productivity; therefore, individuals working remotely or from office may tend to adopt houseplants to decorate their workspace, thus increase their attention and productivity. The CXOs further added that the demand for flower pots and planters is expected to surge significantly from the developed economies such as the UK, Germany, the Netherlands, and France. The presence of huge number of hobbyist gardeners in Western Europe plays a crucial role in the growth of the global flower pots and planters market. Developing nations are offered great opportunities to generate revenues by exporting their products to the European countries. “Home Sweet Home” is a popular trend, which is associated with stability and wellness in the European markets that boost the consumer expenditure on various home decoration and home textile products. Moreover, millennials are soon to become the leading consumers across the globe. This is attributed to the fact that the millennial population significantly influences the on-demand economy, which is expected to boost the e-commerce distribution of flower pots and planters.
The flower plots and planters market size was valued at $978.7 million in 2020.
4.3% is the CAGR of flower plots and planters Market.
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2021-2030 is the forecast period in the market report.
Ado Urban Furniture, Amop Synergies, Ashley Furniture Industries, Atech and CROWD are some of the top companies in the flower plots and planters Market
The market is segmented on the basis of product type, end user, distribution channel and region.
Rising expenditure on home decor products, and increasing spending hours in garden and growing demand for self-watering flower pots and planters are upcoming trends in flower plots and planters market.
By Region, North America segment will dominate the market by the end of 2030.
COVID-19 negatively impacted the market in 2020 is expected to regain its position during the flower plots and planters market forecast period.
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