Flower pots and planters can be used in both residential and commercial settings to display and cultivate small plants and flowers. These decorative items are used in both commercial and residential spaces to improve the aesthetics and beauty of the bedroom, garden, and front areas of homes and offices.
The growth of the flower pot market is likely to be driven by the adoption of vertical gardens, the demand for houseplants among households, and the increase in expenditure on home décor products. The rapid urbanization has led to a shrinking living space. Vertical gardening uses the vertically accessible wall that solves the issue of limited space faced by traditional gardening. The growing trend of home interior decoration is also expected to drive the demand for planters and flower pots. Plant parenthood is gaining momentum among millennials. Plants can improve your physical and mental health, reduce stress, as well as enhance the aesthetics of your home.
The lifestyle of consumers is improving significantly in urban areas due to the increase in disposable income. The demand for planters and flower pots is also increasing due to the rise in construction and the luxury lifestyle of consumers. They are now an essential part of modern lifestyles. The global market is expected to expand due to the increase in spending on home decor items such as flower pots and plants. These products improve the aesthetic appearance of home gardens and homes. The global flower pot market will be able to grow as a result of the improvement in lifestyle. The market is segmented by product type into metal, plastic, ceramic, wood, and stone. The market is divided into two segments based on the end-user: households and commercial. Retail distribution and ecommerce are the two distribution channels. The flower pot market is segmented by region, including North America (U.S.A., Canada, and Mexico), Europe, Asia-Pacific, Australia, South Korea, and LAMEA. The flower pot market trends show that the plastic segment accounted for the largest share of the market in 2020, with $328.1 million, and it is expected to reach $479.6 by 2030 at a CAGR of 3.6%.
As raw materials for flower pots, planters, and other products, plastics like polypropylene and low-density Polyethylene, as well as high-impact polystyrene and high-density Polyethylene, are readily available. Plastics have many benefits for manufacturers of flowerpots, including low cost, availability, durability, and lightweight. This has boosted their demand across the globe. Plastic materials are also used in flower pots because of their recyclability, reusability, and low cost. Plastic materials are also boosted by the ease with which they can be customized to create pools and planters. In 2020, the commercial segment will have a significant market share. Employees will benefit from the installation of flower pots and plants in offices. The reason for this is that plants filter out toxins naturally. Flower pots and planters in offices can also help boost creativity and productivity, as the vibrant colors and aromas of plants have a positive impact on employees’ minds. In the hospitality industry, the trend for terrace gardening is growing as hotels and resorts set up small gardens in pots and planters with organic vegetables to offer guests a tranquil environment. A sustainable green space encourages employees and customers to participate. The factors mentioned above are likely to drive the demand for planters and flower pots in the commercial sector.
Retail distribution was the largest contributor to the market in 2020, with $749.6 million. It is expected to reach $1.140.9 million by the year 2030 at a CAGR of 4.0%. Retail distribution includes hypermarkets/supermarkets, wholesale stores, and specialty stores. Hypermarkets/supermarkets feature a separate area for gardening and home decor products, making it easier for consumers to identify and purchase the products. These stores offer consumers a number of advantages, including the availability of different types of planters and flower pots. They also provide discounts on some products and assistance from sales representatives.
According to the Flower Pots and Planters Market Opportunities, North America commanded the highest market share in 2020 and is expected to maintain that share for the entire forecast period. North American countries are becoming more interested in gardening. According to Article and OnePoll2020, 66% of households in North America have at least one indoor houseplant; according to the survey conducted by Article and OnePoll, an estimated 27 percent (33.1 million) of U.S. homes actively garden indoor houseplants. The millennial generation is also becoming more interested in gardening. They are spending their time buying seeds and participating in gardening activities. A poll by Bonnie Plants in the U.S. found that over 20 million Americans will be gardening for the very first time in 2020. This will increase the sales of pots and planters. According to a poll conducted by Bonnie Plants, over 20 million Americans will begin gardening for the first time in 2020. This will increase the sale of pots and planters.