Press release
Artificial Flowers Market Demand Will Reach a Value of US$ 2.37 Billion with 4.3% CAGR Forecast By 2032
Artificial Flowers Market
What are Artificial Flowers?
Artificial flowers are favored due to their practicality, diversity, and durability. Unlike real flowers, which only blossom during specific seasons, artificial flowers are obtainable throughout the year. hey can be easily found regardless of the season or local growing conditions. Additionally, artificial flowers brighten up rooms and maintain their vibrant appearance without the need for water or sunlight.
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Artificial flowers are more cost-effective in the long run, as they do not droop and fade. To preserve their vibrancy, it's best to keep them out of prolonged exposure to direct sunlight and harsh weather. These flowers are made from polyester fabric, making them a secure option for those sensitive to pollen. Polyester fabric is usually utilized to create superior artificial flowers as it has a homogenous texture to real ones.
Which Factors Are Driving Market Expansion?
Technological Advancements: The market is experiencing notable growth pushed by inventions such as the acquisition of real-touch polyether polyurethane foam technology. Conventionally, these flowers are frequently linked with being economical and substandard. Additionally, the progression in the making procedures and substances has caused the advancement of superior flowers that meticulously impersonate the aspect of real ones, accelerating the artificial flowers market growth.
Aesthetic Appeal: Real touch flowers, especially those made from PU foam, have gained popularity in the market. These artificial flowers provide many benefits involving easy maintenance, longevity, and vibrant colors, making them apt for several commercial facilities such as offices, hotels, spas and salons, and retail stores. The realistic look and sense of these flowers improve their attractive charm.
Recent Developments:
In June 2023, renowned floral designer Jeff Leatham partnered with Williams Sonoma to launch an exquisite collection of artificial florals. This collaboration beautifully combines Leatham's signature artistic flair and modern aesthetics with Williams Sonoma's commitment to exceptional quality and timeless style.
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What Companies Are at Forefront of Market Innovation?
The market is fragmented with the presence of several unorganized players.
Some of the companies currently dominating the market are:
• TreeLocate (Europe) Limited
• Foshan Tongxin Artificial Flowers
• Dongguan Fusheng Arts Products
• NGAR TAT PRODUCTION
• Oriental Fine Art
• Silk Flower
• Diane James Designs, Inc.
• J. S. Flower Company Limited
• Nearly Natural
• Floral Home Décor
Artificial Flowers Market Report Highlights:
• Silk artificial flowers segment will grow at a rapid pace, as they are suitable for long-duration functions in both commercial & residential gatherings or events.
• The residential segment is expected to grow at the fastest pace, due to their low maintenance, and cost-effectiveness nature.
• Asia Pacific will exhibit a robust growth rate, owing to rising disposable income, and preference towards low-maintenance home decor.
Which Segments Are Driving Market Development?
The artificial flowers market is segmented into material, application, distribution channel, and region.
Based on material, the polyester segment held the largest market share owing to its exceptional resourcefulness and longevity.
Based on application, the commercial segment dominated the market share owing to textile products being multifaceted design alternatives and varied color options.
Artificial Flowers Market, Material Outlook (Revenue - USD Billion, 2019-2032)
• Polyester
• Plastic
• Paper
• Nylon
• Silk
• Others
Artificial Flowers Market, Application Outlook (Revenue - USD Billion, 2019-2032)
• Residential
• Commercial
Artificial Flowers Market, Distribution Channel Outlook (Revenue - USD Billion, 2019-2032)
• Supermarkets & Hypermarkets
• Specialty Craft Stores
• Florists
• Online
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What Are Regional Insights?
• North America
o Material Outlook
• Polyester
• Plastic
• Paper
• Nylon
• Silk
• Others
o Application Outlook
• Residential
• Commercial
o Distribution Channel Outlook
• Supermarkets & Hypermarkets
• Specialty Craft Stores
• Florists
• Online
• Europe
o Material Outlook
• Polyester
• Plastic
• Paper
• Nylon
• Silk
• Others
o Application Outlook
• Residential
• Commercial
o Distribution Channel Outlook
• Supermarkets & Hypermarkets
• Specialty Craft Stores
• Florists
• Online
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