Artificial Plants And Flowers Market Size in the US to Grow by USD 369.08 million | Evolving Opportunities with Charles Lubin Co. Inc. and Inter IKEA Holding BV | 17,000+ Technavio Reports

09 Mar.,2024

 

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Artificial Plants And Flowers Market In US: Key Market Dynamics

  • The growing use in decorative and aesthetic purposes is one of the key factors likely to influence the artificial plants and flowers market growth positively in the US. Surging investments of consumers in gardens and landscaping, as well as interior decoration in the US, play a crucial role in the growth of this market. Furthermore, factors such as the growing disposable income of households; availability of several varieties of artificial plant options, ranging from tall trees to tiny succulents; and the increasing demand for enhancing outdoor aesthetics in the US will continue playing key roles in market growth.
  • Additionally, the increasing trend of interior designing is a major artificial plants and flowers market trend in US that is expected to have a positive impact in the coming years. Furthermore,  a gradual increase in the female labor force will augment the interior designing trend in the US, which, in turn, will support the growth of the market in focus in the country during the forecast period.
  • However, the volatility in raw material prices will be a major challenge for the artificial plants and flowers market in US during the forecast period. Fluctuations in crude oil prices create an adverse impact on the prices of raw materials, affecting the costs of plastic products. Price volatility of polyester is another hindrance faced by artificial plants and flower manufacturers in the US.

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Artificial Plants And Flowers Market In US: Revenue-generating Segment Highlights

The commercial end-user segment emerged as the largest revenue-generating segment of the market. The segment includes outdoor landscaping establishments, public parks, amusement parks, tech parks, government buildings, sports grounds, and other commercial establishments. Companies are expanding their product portfolio for office spaces and focusing on improving the quality and designs of their products, which will supplement the growth of the market in this segment.

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Vendor Landscape

The artificial plants and flowers market in US is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Top Companies Covered with their Offerings:

  • Charles Lubin Co. Inc.: The company offers silk flowers, artificial flowers, millinery flowers, millinery supplies, hat trim, wedding flowers, floral supplies, display flowers, floral trim and fake flowers.
  • Inter IKEA Holding BV: The company offers artificial plants and flowers under the brand names INVÄNDIG, FEJKA and others.
  • JamaliGarden: The company offers artificial flowers and plants including silk roses, silk orchids, silk peonies, silk hydrangeas, artificial potted plants and others.
  • M and S Schmalberg Inc.: The company offers fabric flowers, wedding flowers and petals and leaves.
  • Natural Decorations Inc.: The company offers different types of artificial plants and flowers including flower branches, hydrangeas, lilies, magnolias, orchids, peonies and others.

Some more companies covered in the report are:

  • Nearly Natural
  • New Growth Designs
  • Pacific Silk Plants
  • Petals.com
  • Dongyi Artificial Plants Co. Ltd.

Download Sample Report for more insights on each contributing vendor

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

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Artificial Plants And Flowers Market In US Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 369.08 million

Market structure

Fragmented

YoY growth (%)

2.78

Regional analysis

US and North America

Performing market contribution

US at 100%

Key consumer countries

US and North America

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Charles Lubin Co. Inc., Inter IKEA Holding BV, JamaliGarden, M and S Schmalberg Inc., Natural Decorations Inc., Nearly Natural, New Growth Designs, Pacific Silk Plants, Petals.com, and Dongyi Artificial Plants Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Commercial - Market size and forecast 2020-2025
  • Residential - Market size and forecast 2020-2025
  • Market opportunity by End user

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2020-2025
  • Online - Market size and forecast 2020-2025
  • Market opportunity by Distribution channel

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Charles Lubin Co. Inc.
  • Inter IKEA Holding BV
  • JamaliGarden
  • M and S Schmalberg Inc.
  • Natural Decorations Inc.
  • Nearly Natural
  • New Growth Designs
  • Pacific Silk Plants
  • Petals.com
  • Dongyi Artificial Plants Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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