(MENAFN- GlobeNewsWire - Nasdaq) Businesses Should Capitalize on Innovation by Investing in Biodegradable Materials or Recycled Products to Lessen the Industry's Carbon Footprint and Appeal to Eco-Conscious ConsumersDublin, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The "Artificial Trees & Shrubs market by Material, End-Use, Distribution channel - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Artificial Trees & Shrubs Market grew from USD 873.48 million in 2023 to USD 919.72 million in 2024. It is expected to continue growing at a CAGR of 5.83%, reaching USD 1.29 billion by 2030.
Insights into market growth point to increased urbanization, altering consumer lifestyles emphasizing convenience, and eco-friendly initiatives urging sustainable decor solutions without the ecological impact of deforestation. The rise in consumer awareness regarding interior decoration trends, combined with technological advancements in manufacturing realistic foliage, further propels market growth.
However, challenges such as the environmental impact of plastic-based artificial plants and the lack of awareness in certain regions about the benefits over real plants pose potential limitations.
Potential opportunities lie in expanding applications in outdoor landscaping projects, urban jungles, and smart city initiatives focusing on prolonged aesthetical durability without maintenance hassles. Businesses can capitalize on innovation by investing in biodegradable materials or recycled products to lessen the industry's carbon footprint and appeal to eco-conscious consumers.
The market is competitive yet ripe for further exploration, particularly regarding enhancing realism and developing products with low environmental impact, ensuring their relevance in sustainability-focused markets. As more sectors appreciate the blend of beauty with logistical ease, focusing on innovative solutions to these emerging consumer needs can offer lucrative opportunities for growth.
Artificial Trees & Shrubs Market Dynamics
Market Drivers Increasing urbanization leading to higher demand for low-maintenance landscaping solutions Rising environmental awareness driving adoption of eco-friendly artificial flora Advancements in materials and manufacturing technology enhancing realism and durability of artificial plants Growing investment in commercial spaces incorporating artificial greenery for aesthetic appeal and maintenance efficiency
Market Restraints The high initial cost of artificial trees and shrubs limiting widespread adoption
Market Opportunities Rise in exhibition and trade show in urban gardening solutions Increasing advertising campaigns focusing on eco-friendly decor benefits
Market Challenges Environmental concerns regarding the non-biodegradable nature of materials used in artificial trees and shrubs production
Key Company Profiles
The report delves into recent significant developments in the Artificial Trees & Shrubs Market, highlighting leading vendors and their innovative profiles. These include Artificial Planters and Blue Kitchen, Australia's Own, Autograph Foliages, Commercial Silk Int'l, Doomark Inc., Dundee Deco Inc., Faux Foliage Creations, International TreeScapes, National Tree Company, Nearly Natural, New Growth Designs, Regal Art & Gift, Silk Plants Direct, Sunwing Industries Ltd., and Treelocations.
The report provides a detailed overview of the market, exploring several key areas:
Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market. Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development. Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape. Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players. Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future. Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
What is the current size of the market, and how is it expected to grow? Which products, segments, and regions present the most attractive investment opportunities? What are the prevailing technology trends and regulatory factors influencing the market? How do top vendors rank regarding market share and competitive positioning? What revenue sources and strategic opportunities guide vendors' market entry or exit decisions? Key Attributes
| Report Attribute | Details |
| No. of Pages | 193 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $919.72 Million |
| Forecasted Market Value (USD) by 2030 | $1.29 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered
1. Preface
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
5.3.1. Threat of New Entrants
5.3.2. Threat of Substitutes
5.3.3. Bargaining Power of Customers
5.3.4. Bargaining Power of Suppliers
5.3.5. Industry Rivalry
5.4. PESTLE Analysis
5.4.1. Political
5.4.2. Economic
5.4.3. Social
5.4.4. Technological
5.4.5. Legal
5.4.6. Environmental
6. Artificial Trees & Shrubs Market, by Material
6.1. Introduction
6.2. Polyethylene
6.3. PVC
6.4. Silk
7. Artificial Trees & Shrubs Market, by End-Use
7.1. Introduction
7.2. Commercial
7.3. Residential
8. Artificial Trees & Shrubs Market, by Distribution Channel
8.1. Introduction
8.2. Offline
8.2.1. Specialty Stores
8.2.2. Supermarkets
8.3. Online
8.3.1. Company Websites
8.3.2. E-commerce Platforms
9. Americas Artificial Trees & Shrubs Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Artificial Trees & Shrubs Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Artificial Trees & Shrubs Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation
For more information about this report visit
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Artificial Trees & Shrubs Market
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
MENAFN27112024004107003653ID1108932005
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.