Indoor Plants Market Size, Demand, and Future Outlook: Global Industry Trends and Forecast to 2030

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Data Bridge Market Research analyses that the indoor plants market which was USD 18.80 billion in 2022, will reach USD 27.51 billion by 2030, and is expected to undergo a CAGR of 4.87% during the forecast period.

 Indoor Plants Market  Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

Data Bridge Market Research analyses that the indoor plants market which was USD 18.80 billion in 2022, will reach USD 27.51 billion by 2030, and is expected to undergo a CAGR of 4.87% during the forecast period.

Indoor Plants Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Shade-loving plants, Low light plants and High light plants), Application (Absorb Harmful Gases and Home Decoration), Product (Succulent Plants, Berbaceous Plants, Woody Plants and Hydroponic Plants)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

DÃœMMEN ORANGE (U.S.), Syngenta (Switzerland), Beekenkamp Group (Netherlands), Hofland flowering plants (Netherlands), SAKATA (U.S.), DUTCH FLOWER GROUP (Netherlands), MARGINPAR BV (Netherlands), Walter Blom Plants BV (Netherlands), Selecta Klemm, Double H Nurseries Ltd, (Germany), ARCANGELI GIOVANNI (Italy), KP Holland (Netherlands), Ball Horticultural Company (U.S.), among others

Market Opportunities

·       Growth in the deployment of advanced technologies

·       High cost of raw material

·       Rising research and development opportunities

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Market Definition

It is clear from the name that indoor plants are plants that are grown indoors. Indoor plants can be grown in homes, offices, or any other indoor location. Growing indoor plants is thought to bring a lot of positivity and benefits. Indoor plants increase the oxygen level, purify the air in the home, remove pollutants, and reduce the rate of indoor air pollution.

Global Indoor Plants Market Dynamics

Drivers

  • Health Benefits Associated with Indoor Gardening

Indoor plants are thought to reduce stress and to be therapeutic. People suffering from mental illnesses are often advised to begin indoor gardening as horticultural therapy to improve feelings of well-being in people suffering from depression, anxiety, dementia, and other conditions. It aids in relaxation, concentration, and connecting with nature and one another. The global indoor plants market is being driven by rising demand for indoor plants and flowers in the residential sector.

  • Increasing Popularity of Indoor Plants as Interior Decoration

The indoor plants various colours, which include white, pink, and violet, make it popular for home decoration. The growing popularity of the indoor plants as a decorative element is expected to drive market growth. The increasing popularity of indoor plants as interior decoration is a notable trend in the realm of indoor plants. Beyond their traditional role as air purifiers, plants are now embraced for their aesthetic value, transforming living spaces into green sanctuaries. Interior design trends have shifted towards incorporating a variety of plants, ranging from succulents to large leafy specimens, to add texture, color, and life to indoor environments.

 Opportunities

  • Growing Wellness Trend

The increasing focus on health and wellness presents a significant opportunity for the indoor plants market. Consumers are recognizing the air-purifying benefits and stress-reducing properties of indoor plants, leading to a higher demand for greenery in homes and workplaces. Indoor plants are known for their ability to purify the air by absorbing pollutants and releasing oxygen. This is especially appealing in urban environments where air quality can be a concern.

  • E-Commerce Growth

The expansion of e-commerce platforms provides an opportunity for the indoor plants market to reach a broader audience. Online platforms facilitate easy access to a variety of indoor plants, supporting the convenience and preferences of consumers. E-commerce provides a convenient platform for consumers to browse and purchase indoor plants without leaving their homes. This is especially appealing to individuals with busy schedules who may not have the time to visit physical stores.

 Regional incites: -

  • Europe dominates the indoor plants market as this region is the world's largest producer and exporter of indoor plants in this region.
  • North America is expected to witness significant growth during the forecast period of 2023 to 2030 as consumer awareness grows in this region.

 Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-indoor-plants-market    

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Indoor Plants Market Landscape

Part 04: Indoor Plants Market Sizing

Part 05: Indoor Plants Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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