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FLOWER POTS AND PLANTERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Flower Pots and Planters Market, By Product Typen (Flower Pots and Planters), By Material (Plastic , Ceramic , Metal , Wood , and Others), By Distribution Channel (Online Retail , Garden Centers/Nurseries , Supermarkets/Hypermarkets , Specialty Stores , and Wholesale Retailers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Sep 2024
  • Code : CMI7365
  • Pages :110
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Flower Pots and Planters Market Size and Trends

The global flower pots and planters market is estimated to be valued at USD 1.15 Bn in 2024 and is expected to reach USD 1.60 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.

Flower Pots and Planters Market Key Factors

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Consumers are increasingly investing in home and garden decor products to enhance the aesthetics of their outdoor spaces. The growing popularity of outdoor and indoor gardening as a hobby has also been driving the demand for innovative and decorative flower pots and planters.

Growth in landscaping industry

The global landscaping industry has seen substantial growth over the past few years and this robust growth is expected to continue going forward. As urbanization increases around the world, more people are moving to cities and the living spaces are getting smaller. This has increased the focus on outdoor spaces like gardens, lawns, and terraces. Consumers want to extend their living areas and bring the feeling of nature closer to their homes. Flower pots and planters are playing an important role in achieving this.

Homeowners and commercial property owners are paying more attention to the aesthetics and visual appeal of the outdoor areas. Well-designed and planted landscapes with different types and colors of flowers not only beautify the surroundings but also increase the property value. As disposable incomes rise, more money is being allocated towards redesigning and renovating outdoor spaces. This includes installing new garden features, walkways, lighting and extensive use of flowers, plants, trees, and shrubs. Flower pots and planters have become an integral part of landscaping projects as they allow flexibility in arrangements and easy maintenance.

The growing commercial real estate industry is also driving the demand as malls, hotels, offices and other businesses recognize the positive impact of attractive landscaping on customer experience, for instance, according to data by IBEF in 2021, the real estate sector in India is expected to reach US$ 1 trillion in market size by 2030. Many large format stores and retail chains now regard excellent outdoor design as a crucial element of their brand identity and business strategy. Proper utilization of flowers, plants, and greenery is found to increase footfalls, improve aesthetics, offer ambient experiences, and differentiate brands from competitors. This widespread focus on enhanced customer experience and attractive outdoor environments presents strong growth opportunities for flower pots, planters, and garden accessories.

Rising Consumer Spending on Home Décor

Consumer spending on home improvements and décor has significantly increased in most parts of the world. People are more willing to invest in upgrading and beautifying their living spaces. This trend is being driven by multiple factors like rising disposable incomes, changing lifestyles focused around homes, growing interest in interior designing among middle class, and extensive influence of home and garden television shows. Consumers are paying greater attention to every small detail that can enhance the look and feel of their homes.

Flowers are an essential element of home décor concepts around the world. They are used extensively to add colors, textures, and freshness indoors as well as outdoors. Flower pots and planters have become integral for displaying potted flowers, plants, shrubs, and small trees within houses and surrounding areas. Their availability in various designs, styles and materials allow people to be highly creative and customize the floral aesthetics as per the theme, décor, and style of different rooms and outdoor settings. This has made flower pots an important accessory category within the larger home décor market.

Younger consumers especially are highly influenced by current interior trends and aspire to replicate those looks for their homes. This has ensured sustained demand even during economic downturns, driven primarily by the discretionary spending on lifestyle and non-essential products. Social media further exacerbates this influence with an abundance of images related to modern, trendy and visually appealing potted plant and flower arrangements within stylish homes. This drives constant experimentation and renewal among consumers to keep reinventing their home décor designs through innovative flower pots, planters, and floral presentations. Overall, the growing importance of flowers in home aesthetic expression is a major factor supporting the global flower pots and planters market

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