The global gardening pots market size is expected to reach USD 2.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.6% over the forecast period. Growing demand for public gardens and parks as a result of improved infrastructure of various cities at the global level is expected to expand the market size for gardening pots.
Booming
population and rapid urbanization have made residential places in the cities
and towns scanty, which is not enough to incorporate personal gardens. Thus,
housing associations, municipalities, and urban development societies are
offering their residents a healthy lifestyle by increasing spending on parks.
These maintained parks have a variety of plants, flowers, and trees planted in
a certain fashion to create a visual appeal. Therefore, gardening pots find use
in these areas as they create aesthetic beauty.
Growing
trend of the adoption of gardening among the millennials is expected to remain
one of the key trends. For instance, in 2018, more than 27 million i.e., 64% of
the U.K. population can be seen to partaking in gardening. The trend showcases
an interesting insight that even though growing population and rapid
urbanization is reducing the living space, gardening enthusiast have been
working towards continuing their interest by creating small gardening pots in
balconies and kitchens. Growing interest in planting flowers, fruits, veggies,
and herbs in various sized containers and pots among common mass is a key
factor driving the market.
For
instance, in August 2019, Andrew Flynn and Martin Keane launched self-watering
plant pots. These products will reduce carbon footprints by reducing the
wastage of water, along with providing healthy growth to the plants.
Additionally, these pots are made up of 100% recycled polypropylene.
Additionally, rising importance of plastic recycling as a result of increasing
concerns over carbon emissions in the manufacturing sector and implementation
of various regulations at the global level are expected to ensure the access of
recycled plastic raw materials to gardening pots manufacturers in the near
future.
Key
manufacturers include Biodegradable Pots; East JORDAN PLASTICS INC.; Garden
Need; GREEN MALL; Hosco India; Landmark Plastic Corporation; Nursery Supplies
Inc.; THE HC COMPANIES; THE POT COMPANY; and V G Plastech. Manufacturers are
expected to increase spending on new product developments in order to expand
their market size over the next few years. Additionally, the industry
participants are expected to establish their strategic business units in
developing countries including China, India, and Brazil, which have high
concentration of middle-income age groups.
Full Research Report On Gardening Pots Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/gardening-pots-market
Further key
findings from the report suggest:
- By product,
refractory material accounted for the largest share of over 40.0% in 2018.
The product got the first mover advantage and thus, the penetration of the
product is high. Polymer is expected to register the fastest CAGR of 6.4%
from 2019 to 2025
- The
commercial application segment is expected to generate USD 1.4 billion by
2025 owing to growing trend of creating gardens around the public
buildings. The residential sector is expected to register the fastest CAGR
of 6.0% from 2019 to 2025
- Offline
channel led the gardening pots market and accounted for more than 80.0%
share of the overall revenue in 2018.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/gardening-pots-market/request/rs1
Grand View Research has
segmented the global gardening pots market on the basis of product,
application, distribution channel, and region:
Gardening Pots
Product Outlook (Revenue, USD Million, 2015 - 2025)
- Refractory Material
- Metal
- Polymer
- Wood
Gardening Pots
Application Outlook (Revenue, USD Million, 2015 - 2025)
- Commercial
- Residential
Gardening Pots
Distribution Channel (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Gardening Pots
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- The Netherlands
- U.K.
- Asia Pacific
- Japan
- China
- Central & South America
- Brazil
- Middle East & Africa (MEA)
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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