DUBLIN, Nov. 8, 2022 /PRNewswire/ — The “Flower Pots and Planters Market By Product Type, By End User, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
The global flower pots and planter market was valued at $978.7 million in 2020, and is projected to reach $1,528.2 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
Flower pots and planters are containers that are used to cultivate and display small plants and flowers. Surge in demand for flower pots and planters among households for creating a pleasurable and attractive surroundings is propelling the growth of the flower pots and planters market.
Moreover, rise in consumer expenditure toward home decor products for creating a pleasant atmosphere at home is expected to drive the demand for flower pots and planters. In addition, increase in usage of flower pots in decoration works in marriage ceremonies, family functions, offices, and households is spurring the demand for flower pots.
The introduction of new and innovative designs along with the functionalities such as self-watering flower pots and wick systems is expected to notably contribute toward the growth of the global market. The demand for wick systems and self-watering pots is rising, owing to busy and hectic lifestyle of consumers. Consumers who do not have enough time to water their plants and take care of them are increasingly adopting wick systems, which is expected to foster the growth of the global flower pots and planter market during the forecast period.
The global flower pots and planter market is segmented into product type, end user, distribution channel, and region. Depending on product type, the market is segregated into plastic, metal, ceramic, stone, wood, and others. On the basis of end user, it is fragmented into households and commercial.
Depending on distribution channel, it is categorized into retail distribution and e-commerce. Region wise, the flower pots and planter market is analyzed across North America (US, Canadaand Mexico), Europe (Germany, France, Italy, SpainUK, and rest of Europe), Asia-Pacific (China, Japan