Indoor Plants Market to Surge USD 18.80 million, with Excellent CAGR of 4.87 by 2030
Vaibhav Thorbole
"The superior Indoor Plants Market research report provides a detailed synopsis on the study for market and how it is impacting the Indoor Plants Market industry. The key research methodology used here by DBMR team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary validation. This wide-ranging market research report acts as a backbone for the success of business in any sector. Also, Indoor Plants Market document gives an in-depth knowledge on what the recent developments, products launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry.
The large-scale Indoor Plants Market research report lends a hand for intelligent decision making and better manages marketing of goods and services which leads to growth in the business. The report has been generated with the systematic gathering and analysis of information about individuals or organisations conducted through social and opinion research. The foremost areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are studied very vigilantly and precisely throughout the report. An influential Indoor Plants Market report offers a definite solution to obtain market insights with which businesses can visualize market place clearly and thereby take important decisions for growth of the business.
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.
Explore Further Details about This Research Indoor Plants Market Report https://www.databridgemarketresearch.com/reports/global-indoor-plants-market
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
DÜMMEN 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
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.
What insights readers can gather from the Indoor Plants Market report?
Learn the behavior pattern of every Indoor Plants Market -product launches, expansions, collaborations and acquisitions in the market currently.
Examine and study the progress outlook of the global Indoor Plants Market landscape, which includes, revenue, production & consumption and historical & forecast.
Understand important drivers, restraints, opportunities and trends (DROT Analysis).
Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
Why choose Data Bridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Indoor Plants Market research report.
Interaction with research scientists and development heads to understand the nature of the Indoor Plants Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Indoor Plants Market size
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