Drivers:
The increasing penetration of indoor gardening and greenhouse is expected to boost the demand for premium potting soil. The increasing popularity of home gardening and corporate landscaping for decorative purposes is expected to boost demand for premium potting soil. The COVID 19 epidemic increased the backyard gardens. The lockdown and work from home culture provided more time and energy for people to focus on their new hobby of cultivating indoor gardening. Additionally, growing lawn & garden management practices boosted the growth of the premium potting soil market.
Low adoption rate of home gardening, greenhouse and lawn landscaping in many underdeveloped countries, and increased use of counterfeit products is a major factor hindering growth of the global premium potting soils market. Moreover, lack of universal directives pertaining to manufacturing & applications of premium potting soils is expected to restrain the market growth during the forecast period. Every country has different directives for applications of premium potting soil.
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