Market Size of North America Flowerpots Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Flowerpots Market Analysis
The North America Flowerpots market is poised to grow at a CAGR of 3 % during the forecast period.
In the manufacturing sectors, COVID-19 had an effect in the years 2020-2021, causing workplace closures, supply chain disruptions, and transit limitations. The import and export of products relating to flowers and ornamental plants have been significantly impacted in recent years as a result of the lockout. The market for indoor plants will expand as a result of consumers' rising desire to add aesthetics to their environments.
During the anticipated period, the market for flower pots and planters is expected to grow due to the surge in the adoption of vertical gardens, increased demand for indoor plants among households, and rising spending on home décor items.
Living spaces are getting smaller due to rapid urbanization. Vertical gardening, which makes use of vertically accessible walls to overcome space limitations in traditional gardening, is one solution. Additionally, consumers' propensity for home interior decoration is predicted to increase demand for flower pots and planters.