Latest News- Indoor Plants Market: Foliage plants is expected to lead the Type segment during 2025-2029

The Indoor Plants Market is being driven by Increased interest in indoor gardening

The Indoor Plants Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6409.7 million. The global indoor plants market is witnessing a notable trend with the integration of advanced technologies, specifically smart sensors, to enhance plant care efficiency. Climate change and water scarcity are pressing global concerns, necessitating innovative solutions for gardeners and plant enthusiasts. In response, THIRDREALITY unveiled the Smart Soil Moisture Sensor in October 2024. This device, featuring IP67 waterproof and dustproof design, accurately monitors soil moisture levels, conserving water resources and ensuring optimal hydration. Its compatibility with Zigbee-enabled smart home systems facilitates effortless integration and management. This technology reduces unnecessary watering and promotes climate resilience within indoor plant environments. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Foliage plants
  • Flowering plants
  • Succulents
  • Others
• End-user
  • Residential
  • Commercial
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

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

• Increased interest in indoor gardening
• Urbanization and limited outdoor space
• Growing concern for indoor air pollution

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

• Pest and disease management
• High maintenance requirements
• Competition from artificial plants

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Market Scope in Indoor Plants Market Research Report

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Research Analysis Overview

Indoor plants continue to gain popularity, with various market offerings catering to plant enthusiasts. These include plant care guidance, subscription boxes delivering fresh greens, plant-themed events, and gifts. Additionally, plant photography, styling, and eco-friendly plants are on the rise. Businesses focus on biophilic design, plant propagation, and watering techniques, while market analysis and research provide opportunities for vertical gardening, plant identification, and sustainable gardening. Urban living spaces embrace green living, urban gardening, and plant care routines, fostering a vibrant plant community. Accessories, lighting, and plant-related businesses offer solutions for plant diseases, pests, and unique plant-inspired art. The marketplace is rich with plant-based decor, design, and wellness trends, featuring lush tropical plants, biodynamic gardening, and low-maintenance options.

Market Research Overview

The Indoor Plants Market represents a significant segment within the broader Household Durables industry. This market encompasses the production and sale of peace lilies, aesthetic enhancers, DIY plant projects, and related accessories such as LED grow lights and aesthetic plant setups. The market's expansion is driven by several factors, including the rise in consumer interest in horticultural therapy for mental health improvement, increasing popularity of home decor trends, and the growing consumer base for houseplants as anxiety and depression alleviators. The global Household Durables market size, as calculated by Technavio, includes the combined revenue generated by manufacturers in consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products, of which the Indoor Plants Market is an integral part. The market's growth is fueled by the surge in health club memberships, which has led to an increased focus on personal well-being and self-care, resulting in a heightened demand for indoor plants as aesthetic and therapeutic additions to the home. Consumer behavior trends indicate a growing preference for DIY plant projects, further boosting market growth. The Indoor Plants Market is poised for substantial expansion as more consumers seek to enhance their living spaces while improving their mental and emotional well-being.. 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/