Market Trends of Japan Flower Pots Industry
This section covers the major market trends shaping the Japan Flower Pots Market according to our research experts:
Growth in Volume of Potted Flowers Affecting Japan Flowerpot Market.
The most common potted flowers in Japan were ornamental trees and shrubs, with a total production volume of 42.6 million pots in 2019. Cyclamen and tropical orchids are plants with beautiful leaves with a production volume of plotted flowers as 36.8, 15.8,13.9 million pots. A further increase in the production volume of potted flowers may increase the demand for pots in the market. With all this, annual household expenditure decreased from 2017-2019. With COVID-19, as people have been restricted to homes, an increase in expenditure on the household garden is observed, which includes the plantation of flowers.
Investment in Companies Positively Affecting Japan Flower Pot Market
Most of the companies indulged in the manufacture of flower pots are observing positive growth in their financial and annual performance, showing a positive image for the flower pot market. Kurosaki Corp observed an increase in its Net sales from USD 849.05 in 2021 Q3 to a level of USD 999.32 in Q3 2022 with an increase of around USD 150 and operating income observed an increase of USD 20 showing a positive profit for the company. With this, Etsy also observed an increase in active customers and buyers. This creates a positive environment for the market in terms of growth and investment in flower pot manufacturing.