Planter Market Analysis 2023 | Recorded Hyper Growth in the Future - 2030, Says Allied Market Research.

Planter is a container used for planting flowers, and different types of small plants. It can be of plastic, wood, ceramics, and glass. Planters are of different sizes, shapes, and colors. These are mostly used for decoration, nurseries, and greenhouses for both interior as well as exterior decoration. These help enhance the appearance of the property. The use of planter in decoration in hotels, rental houses can attract the customer.

➣ COVID-19 Scenario Analysis:

• The COVID-19 pandemic has impacted the planter market drastically.
• Due to lockdown the retail outlets are closed which has caused the downfall in the sales but with the help of online platforms, there is some increase in the sales.
• The restriction on travel has affected the import and export that has disrupted the supply of inventory.
• Production is also facing problems due to the disruption of supply networks.
• This will also affect the economy and has caused a downfall in the GDP

➣ Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

An increase in the urbanization and new developments in greenhouse technology and floriculture are the factors that drive the growth of the global planter market. In addition, inclination toward interior decoration, increase in disposable income, and surge in greenhouses and nurseries boost the growth of the global market. However, the cost of raw material hampers the growth of the global market. Contrarily, rise in the hotels and rental houses, and internet penetration can create an opportunity for the growth of the global planter market.

➣ The global planter market trends are as follows:

Many manufactures are launching new products and handcraft with different features that increase its value and popularity. They are providing different sizes, shapes, and colors and can be used in outdoor decoration.

The companies are manufacturing products that are recyclable like planter made of plastic that can protect the environment and reduce wastage.

Social media also plays an important role in the planter market. With the videos, photography, companies are advertising their products which help in an increase in the demand for planter.

➣ Factors Driving Growth

• Gardening as a Hobby: The pandemic has witnessed a surge in gardening as a popular hobby, with more people turning to gardening as a therapeutic and enjoyable pastime.

• Urbanization: The rise of urban living has led to a demand for compact and space-saving planter solutions for balconies, rooftops, and indoor spaces.

• Wellness and Biophilia: The desire for improved mental well-being and a connection to nature has boosted the demand for planters and indoor plants, a trend known as "biophilia."

• Home Improvement: As homeowners invest in improving their living spaces, adding planters has become a common way to enhance aesthetics and value.

➣ Conclusion

The planter market is flourishing, driven by a combination of design innovation, environmental consciousness, and the love of gardening. From sustainability to smart technology, the industry continues to evolve to meet the diverse needs of consumers. As more individuals embrace the benefits of gardening and green living, the planter market is expected to continue its growth, providing endless possibilities for creating beautiful and sustainable green spaces.

➣ Key Benefits of the Report:

• This study presents the analytical depiction of the global planter industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global planter market share.
• The current market is quantitatively analyzed to highlight the global planter market growth scenario.
• Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global planter market analysis based on competitive intensity and how the competition will take shape in the coming years.

➣ Questions Answered in the Planter Market Research Report:

• What are the leading market players active in the planter market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?

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