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, fueled by increased GDP and subsequent wage growth for workers. This economic upturn has led to a surge in demand for home improvement and decor products, including artificial plants and flowers. This trend is further amplified by the influence of interior design and design companies, as well as heightened media attention and cultural appreciation for the arts. Consequently, the market for artificial plants and flowers in the US continues to thrive, with consumers investing in these decorative items to enhance their living spaces.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
158 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.4% |
Market growth 2025-2029 |
USD 380.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.3 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Artificial Plants and Flowers Market in the US encompasses a range of products including artificial foliage, greenery, and botanicals, such as plant replicas and lifelike artificial plants. Silk flower arrangements, potted artificial plants, hanging plants, and tabletop arrangements are popular choices. Artificial floral and plant displays, sculptures, walls, panels, mats, kits, and accessories are also available. Artificial plant maintenance, installation, design, and trends are key considerations, along with sustainable practices like plant-based design, sustainable landscaping, green building standards (LEED certification, WELL Building Standard), biophilic design principles, and e-commerce options. Artificial plant warranties, sustainability, ethics, and innovative technologies are also important factors in this market.
The Artificial Plants and Flowers market is a significant segment within the larger Home Furnishings industry. This market encompasses companies producing and marketing artificial plants, including silk plants and flowers, as well as faux plants and flowers. The parent Home Furnishings market, which includes consumer electronics, furnishings, decorative products, household appliances, and other homeware products, experiences growth driven by several factors. Notably, the expansion of residential and commercial construction projects, particularly in key markets such as the US, China, and India, fuels demand for new furniture and decorative items, including artificial plants and flowers. The increasing focus on infrastructure development and the subsequent rise in renovation projects further boosts market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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