The global artificial plants market size is projected to reach approximately USD 780.3million by 2028, at a CAGR of 4.15% from 2021 to 2028. Artificial plants have become a part of almost every commercial setting. They are placed in the malls, offices, shops to increase the aesthetics of the place and make it look more presentable and fresher. These plants are of different types: stem flowers, whole plants & trees, wood & branches, grass, and others. They are made of various materials such as silk, polyester, paper, cotton, parchment, and rubber.
Along with commercial settings, artificial plants have applications in households as well. Consumers highly prefer them because they make the place look good and sustain in any weather condition without any maintenance cost. Consumers can even have any choice of their seasonal plant in any season.
Moreover, artificial plants also come in fireproof variants and have retardant properties. The fire generated from natural plants can create a lot of heat and smoke, resulting in a difficult situation for people to escape or fight the flames. These fireproof artificial plants are manufactured by using flame-resistant materials and chemicals during the manufacturing process, which helps in making it easy for people to escape the flames. Owing to this, demand for fireproof artificial plants is increasing among many customer groups such aslandscapers, architects, and interior designers looking to add a special touch to any project.
Additionally, some people tend to develop allergies to certain types of real plants, which does not happen in artificial plants; this helps in increasing the acceptance ofartificial plants among consumers. However, artificial plants do not release oxygen in the air. They also do not help in reducing volatile organic compounds from the air similar to the real plants. This can be a restrainingfactor for the growth of the global artificial plants market.
Market USP
No maintenance cost and longer shelf life.
Growth Opportunities in the Market
Increasing popularity among millennials: Artificial plants are becoming a popular choice among consumers because they do not need any maintenance. In the long run, gardening of real plants involves more time and effort, and sometimes real plants may also need employing professional gardeners. Owing to this, the cost of maintaining the real plants is naturally high. However, the maintenance ofartificial plantsdoes not need extra time or cost. The artificial plants only need dusting once in a whileto keep thempresentable.Moreover, using plants as a decorative item in the home is a trend for enhancing aesthetics.Previously, artificial plants used to look like plastic and not real at all. However, due to the increasing technological developments, artificial plants these days look very much real; this has increased their demand among millennials, thereby driving the growth of the artificial plant market.
Key Players
Treelocate Ltd. (UK)
The Green House (India)
Sharetrade Artificial Plant and Tree Co., Ltd. (China)
International Plantworks (US)
Nearly Natural (US)
S. Flower Company Limited (Thailand)
Commercial Silk Int'l & Plantscape Inc (US)
China Silk Flower Factory (China)
GreenTurf (Singapore)
International TreeScapes, LLC (US)
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