The global flower pot market size is expected to showcase considerable growth during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Flower Pot Market, 2021-2028.” As people become more conscious of environmental issues, they are more likely to embrace greener behaviours, which lead to the use of pots. The market is flourishing because of industry participants’ cost-effective production and lightweight design of pots. Planters have become widely useful as a way of growing organic and chemical-free leafy greens at home.
COVID-19 Impact-
The supply chain of market growth has been affected in various economies due to the lockdown situation. The manufacturing of pots is attributed to a lack of materials and labour due to restrictions on cross-border movement of people. Companies must recognise new opportunities and obstacles to thrive in the post-COVID-19 setting, then adapt their products or alter their brand positioning to meet the new demands of consumers or stimulate demand.
Information Source: https://www.fortunebusinessinsights.com/flower-pot-market-104136
Top Leading Company in the Flower Pot Market:
- Mkono
- T4U
- Novelty
- Santino
Segments-
By type, the market is segmented into terracotta, plastic, wood, stone, steel, and ceramics. On the basis of application, market is divided into commercial and residential purposes. On the basis of distribution channel, market is divided into offline and online. Finally, by geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
What does the Report Offer?
The report divides the market into regions and forecasts its size in terms of volume and value. It comprises the competitive landscape, which comprises the market’s major players and their tactics for announcing collaborations, introducing new goods, and collaborating to promote the market’s growth.
It also includes a detailed analysis of the market drivers, constraints, opportunities, and challenges. The study analyses both quantitative and qualitative aspects of the market, including Porter’s five forces analysis.
Drivers & Restraints-
Increasing Adoption of Plantation to Stimulate Growth
The increasing adoption of plantation system is expected to boost the global flower pot market growth during the forecast period. A rise in specialist garden and lawn services is having a positive effect on the home décor segment, which is expected to drive the growth of the industry. Companies have recently created planters with an automated watering system, using advanced technology, in response to busy schedules and evolving lifestyles. Furthermore, Companies are attempting to produce new models in order to be competitive in the industry.
REGIONAL INSIGHTS
Europe to Remain at Forefront; Presence of Established Gardening Culture to Propel Growth
Europe is expected to hold the largest global flower pot market share during the forecast period. The region has a rich culture of gardening with a large section of population into gardening business. As a result, trust organisations and the government devote significant resources to the sustainability of these gardens due to which Europe holds the highest Flowerpot market share.
Asia Pacific is expected to rise at the fastest pace. Emerging economies with a growing number of corporate buildings are expected to see an increase in the number of well-kept gardens surrounding them. Asian countries have also grown in popularity as medical tourism, resulting in high-class hospitals with big, beautiful gardens and gardening pots.
Competitive Landscape-
Manufacturers to Focus on R&D Investments to Expand Their Product Portfolio & Boost Sales Revenue
The companies have been trying out different materials that may be used to make gardening beds. These materials are supposed to be temperature and weather resistant while also providing insulation to the soil to prevent moisture loss. Across the globe, the market is undergoing a wide array industry activity, including product launches, acquisitions, partnerships, and expansion.
Industry Development-
- July 2019: Coles supermarket has launched a home-ware line that includes gardening pots for seedling planting. It sells glass gardening pots for $5, which are ideal for succulent planting, as well as ceramic and wood pots for about $6.
