Latest News- Artificial Plants And Flowers Market in US: Polyester is expected to lead the Material segment during 2025-2029

The Artificial Plants And Flowers Market in US is being driven by Growing use of artificial plants and flowers for decorative and aesthetic purposes

The Artificial Plants And Flowers Market in US is expected to grow at a CAGR of 3.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 380.7 million. The US economy's robust growth over the past decade has significantly boosted consumer spending, enabling vendors to increase wages and salaries for their employees. This financial enhancement has led to an uptick in demand for home improvement and decor products, including artificial plants and flowers. Consequently, interior designers and design companies in the US have been introducing trendsetting designs, fueling homeowners' interest in interior decor. Furthermore, the growing media attention and awareness of various artistic regions have intensified consumers' inclination towards designer home decor, thereby driving the market for artificial plants and flowers in the US. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Material
  • Polyester
  • Plastic
  • Clay
  • Others
• End-user
  • Commercial
  • Residential
• Distribution Channel
  • Online Retail
  • Home Decor Stores
  • Supermarkets
  • Specialty Retail
• Product Type
  • Artificial Plants
  • Artificial Flowers
  • Artificial Trees
  • Artificial Vines
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing use of artificial plants and flowers for decorative and aesthetic purposes
• Advantages of artificial plants and flowers over natural alternatives
• Increased penetration of online shopping

However, the market also witnesses some limitations, which are as follows:

• Volatility in raw material prices used for manufacturing artificial plants and flowers
• Long-term disadvantages of artificial plants and flowers
• Criticality of product sourcing and inventory management

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Market Scope in Artificial Plants And Flowers Market in US Research Report

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Research Analysis Overview

The Artificial Plants and Flowers Market in the US encompasses a wide range of products including artificial trees, shrubs, grasses, succulents, ferns, orchids, roses, lilies, tulips, daisies, hydrangeas, carnations, gerbera daisies, sunflowers, peonies, cherry blossoms, bonsai, vines, branches, leaves, stems, floral arrangements, and plant walls, panels, kits, accessories, maintenance, installation, and design. These artificial plant and flower options cater to various interior design and landscaping needs.

Market Research Overview

In the expansive realm of the global home furnishings market, artificial plants and flowers, including silk plants and faux flowers, represent a significant segment. This sector encompasses manufacturers and marketers of artificial botanicals, falling under the decorative products category. According to Technavio's market analysis, the home furnishings market size is determined by the consolidated revenue generated from the sales of consumer electronics, furnishings, decorative products, household appliances, and other homeware products. The growth of this market is propelled by several factors, including the surge in residential and commercial construction projects, infrastructure development, and the increasing number of renovation initiatives, particularly in key markets such as the United States, China, and India.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/