A recent report published by Infinium Global Research on artificial flowers market provides in-depth analysis of segments and sub-segments in the global as well as regional artificial flowers market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional artificial flowers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global artificial flowers market. According to the report, the global artificial flowers market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Artificial flowers are an imitation flower, manufactured using materials such as clay, foam, latex, leather, nylon, paper, porcelain, silk, soap, polyester, plastic, and wax among others. Artificial flowers are used for interior decoration of buildings, floral arrangements for events and vehicles among others. Artificial flowers with stems find its place in homes in flower vases or pots as an alternative to live plant with flower. Artificial flowers do not need special care like nurturing natural flowers. Artificial flowers are colorful, cheaper than natural flowers, eco-friendly, easy to clean and it last longer. Artificial flowers are available during all seasons and it is suitable for people with floral allergies. Advanced technologies are making artificial flowers resemble the respective natural flowers visually and even touches provide a similar feeling of flowers. Artificial flowers are widely popular as a gift item. Artificial flowers provide similar grandeur to natural flowers in floral arrangements.
Growing demand for lasting imitation flowers at a lower cost is augmenting the growth of the global artificial flowers market. The use of pesticides and other chemicals to grow and preserve natural flowers are driving people with allergies towards artificial flowers. The booming event management industry relies on artificial flowers for floral arrangement significantly at short notice and it is escalating the growth of the market. Artificial flowers in bouquets, pots, cut and loose forms are getting more demand as gifting item in many countries. The growing demand for artificial flowers to decorate homes and commercial spaces during major festivals, due to the high cost of natural flowers and delivery issues, drives the growth of the market. Moreover, increasing demand for pre-made floral arrangements of silk and other artificial materials are anticipated to spur the growth of the market. Increasing display of artificial flowers in retail stores, supermarkets/hypermarkets and also online stores are influencing the customer preferences and it is anticipated to impact the marker positively. However, the reluctance of customers due to a lack of awareness about the materials used for the manufacturing of artificial flowers hinder the growth of sales in some regions. The higher cost of exotic flowers and greater export of top quality local flowers provide growth opportunities for the major manufacturers to expand in emerging countries. Changing weather conditions are impacting the cultivation of natural flowers and it is anticipated to provide growth opportunities for artificial flowers manufacturers in the near future.
Among geographies, North America and Europe are the major artificial flowers market in the world. Asia-Pacific is anticipated to be the fastest growing artificial flowers market during the forecast period. The growing utilization of artificial for interior decoration, floral arrangements in events and as gifting item drives the growth of North American artificial flowers market. Increasing use of flower vases and floral arrangements for interior decoration and increasing display of artificial flowers in retail stores drive the growth of artificial flowers market in Europe. Though Europe is a major exporting region of natural flowers, it relies on the import of artificial flowers from other regions. Increasing demand for flowers for weddings, funerals, festivals and other events drive the demand for artificial flowers in the Asia-Pacific region.
The report on global artificial flowers market covers segments such as material type and application. On the basis of material type, the sub-markets include polyester and paper, clay, glass, plastic, cotton, nylon, and other material types. On the basis of application, the sub-markets include commercial, and residential.
The report provides profiles of the companies in the market such as TAIZHOU YASHEN ARTS & CRAFTS CO., LTD, Jiangsu Goldmoon Industry Co., Ltd., Dongguan Hengxiang Artificial Plants Co., Ltd, Dongguan Fusheng Arts Products Co., Ltd., Nearly Natural, J. S. Flower Company Limited, Sparkling International Jiangsu Co., Ltd., China FuLi Silk Flower Factory, and Foshan Tongxin Artificial Flowers Co., Ltd.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of artificial flowers market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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