Artificial Flowers Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

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The global market value of artificial flowers market was USD 1.4 billion in 2022, and CAGR of 4.5% is expected during the forecast period. Artificial floors have various applications such as in decoration, Theatric and Film production, Memorial and Grave décor, for educational purposes, crafts and DIY projects, in fashion, and long term display. These are mostly suitable for that area, where flowers don’t survive; several factors contribute to the growth of artificial flowers market. Artificial flowers offer longevity in comparison to real flowers, making them a cost effective choice for decorations and events. Improved manufacturing techniques result in artificial flowers that closely resemble real ones, appealing to a broader market.


Impact of Covid-19

The covid-19 outbreak has significantly affecting the market growth, Governments worldwide imposing social distancing policies, lockdowns, and other restrictions to decrease the spread of the virus. As a result people had to cancel out wedding events, parties, and social get-together. But in post-covid phase, people due to rustiness, and unnecessary rest at home, wanted to involve themselves in some leisure activity, and for the decorative purposes, and all the use of artificial flowers were again increased.

Growth Drivers

Increasing need for indoor and outdoor decoration material

Rising demand for innovative products to increase the product demand

Artificial or fake flowers are widely used in café, hotels, restaurants, and corporates. Furthermore these products are increasingly employed at retail stores. In addition the growing interior design, and home decoration trend due to rising disposable income is driving the growth of the market significantly. The betterment in living standard is driving the growth of this market. Artificial flowers are also ideal as gift items, as they are available in various categories including rose, Lillie, and tulips.

Improved manufacturing techniques result in artificial flowers that closely resemble real ones is driving the growth of the market. Increased demand from various industries like hospitality, event management, interior decoration, and retail drives the growth of the market. With growing environmental consciousness, the reusability of artificial flowers make them an automatic choice is driving the growth. Availability of wide range of colors, styles, and materials allow for customization to suit different preferences, and design need. No watering or special care required, making them convenient for both commercial, and residential purposes.

Segmentation

By Material

·         Polyester

·         Plastic

·         Paper

·         Silk

·         Nylon

·         Others

By Application

·         Residential

·         Commercial

By Distribution Channel

·         Online

·         Offline

Regional Outlook

·         Asia Pacific

·         North America

·         Lin America

·         Europe

·         Middle East and Africa

Artificial Flowers by Material Segmentation

On the basis of materials, the artificial market is segmented into Polyester, Plastic, Paper, Silk, Nylon, and others. The polyester segment was the leading one in 2022, due to its durability, cost-effectiveness, and easy to use property. On the other hand plastic flowers are worldwide popular, and they are well-known for their water resistant properties. People being well aware of the threat of pollution is taking care of the excess use of plastic flowers and its wastage. Nylon flowers are expected to drive the growth of the market during the forecast period. Nylon flowers are well-known for their aesthetic appeal, and close resemblance to natural flowers.


Artificial Flowers by Application Segmentation

On the basis of application, the artificial flower market is segmented into commercial, and residential. The rising product adoption, is the key reason behind the acceptance, and dominance of commercial segment during the forecast period. Rising product adoption of most notably the rose, and tulip, in commercial settings, such as corporate, hotels, and shops, and their increasing application of decorative purposes. The residential segment is driven by the fact that, people all around the world are having more disposable income than in the past, and increasing inclination of people towards home decoration is driving the growth of the market significantly.

Artificial Flowers by Distribution Channel Segmentation

On the basis of distribution channel, the market is segmented into offline, and online. Offline segment is expected to hold the largest market share during the forecast period, due to easy availability of products, increasing number of offline physical outlets, and easy accessibility is driving the growth of offline market significantly. Supermarkets/Hypermarkets, and retail consumer stores are easily accessible, and they are widely increasing the availability of artificial flowers. Online Segment is expected to grow at the fastest rate due to people inclination towards online-shopping, and increasing inclination towards e-commerce platforms with rising disposable income.

Regional Outlook

On the basis of regions, the artificial flower market is segmented into 5 parts: Asia Pacific, North America, Latin America, the Middle East and Africa, and Europe. Europe emerged as the most prominent market in 2022. Accelerating product adoption in hotels and cafes is driving the growth of the artificial flower market. The growth in the hospitality sector in European countries like Germany, France, England, Russia, Sweden, Denmark, and Norway is growing the demand for artificial flowers. Key players from countries like Sweden and the Netherlands are playing a major role in the growth of the market.

Asia Pacific, due to rapid urbanization and industrialization, is driving growth in the artificial flower market. The rising consumer adoption of urban lifestyles and increasing consumer spending on decorative items are driving the growth of the market. The urban population in India is expected to reach 675 million in 2035 from 483 million in 2020, and approximately 43% of the country’s population is expected to shift to the cities by that time.


The rising living standard and increase in disposable income of people in North America are also driving the growth of the market. The United States is a very popular and big market for artificial flowers.        

Key Players

·         SG Silk Flower Limited

·         Oriental Fine Art Company Limited

·         Tree Locate Europe Limited

·         NGAR TAT Production Fty. Ltd.

·         Xuzhou Pleasant Arts Flower Company Ltd.

·         FRS Holding S.R.L.

·         Foshan Tongxin Artificials flower co. ltd.

·         Diane James Design INC.

·         Dongguan Fusheng Arts Product co. ltd.

·         Artificial flower factory

·         Other Players

Global Artificial Flowers Market research report presents a strategic analysis of the global Artificial Flowers Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Artificial Flowers revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Artificial Flowers market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Artificial Flowers Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Artificial Flowers Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Artificial Flowers revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

How Can You Benefit from This Report?

In this report you can:

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What Kind of Decisions You Can Make Based on the Data in This Report?

This report detailed and all-inclusive data on Artificial Flowers Market, providing valuable support to make vital decisions regarding:

·         Strategic planning;

·         Industry analysis;

·         Target Market/Marketing and sales;

·         Regional and country assessment and opportunity analysis;

·         Market entry into new product group or country;

·         Pricing of existing and new products;

·         New product development and Innovation in existing products;

·         Supply chain management;

·         Market evaluation;

·         Mergers, Expansions, Joint Ventures and acquisitions.

Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

·         Project managers;

·         Suppliers;

·         Traders;

This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

·         Management consultants;

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·         M&A managers.

Regional Coverage

The report on the global Artificial Flowers Market breaks down the world into the following regions & countries and covers every single one of them:

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