Nursery Planters and Pots Market is expected to reach US$ 1,956.21 Mn by 2028


PRESS RELEASE BY The Insight Partners 17 May 2021

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Increase in Demand from Residential Sector to Escalate Nursery Planters and Pots Market Growth

 

According to our latest market study on “Nursery Planters and Pots Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Material (Clay, Plastic, Metal, and Others), End User (Residential, Greenhouse and Container Farming, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others),” the market was valued at US$ 1,523.14 million in 2020 and is projected to reach US$ 1,956.21 million by 2028; it is expected to grow at a CAGR of 3.2% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

 

Nursery planters and pots are products or containers in which the plants such as flowers, vegetables, and herbs are grown or placed. There are different sizes, shapes, and designs of nursery planters and pots available in the market. The demand for nursery planters and pots has been rising owing to the fondness of gardens, especially in Europe. According to the Centre for the Promotion of Imports from developing countries (CBI), the major countries in Europe which are importing garden pots include Germany, the UK, and France. Manufacturers operating in the nursery planters and pots market are continuously making innovations, which are related to the product design, as well as their functionality to provide helpful and innovative solutions to the customers.

 

Indoor potted plants are becoming a modern trend. There has been a shift in the inclination toward interior decoration of modern residences, which has increased the demand for pots in the residential sector. The presence of flowerpots and containers, as well as vases adds to the aesthetic of the room and provides a good vibe. The ancient science of design, architecture, and layout—which includes Feng Shui, Vaastu Shastra, and Malay system—strongly focuses on placing the plants in a specific direction to improve the flow of the energy in the house. The garden enthusiast population focuses on making gardens with the help of small and big gardening pots in their verandah and kitchen. These factors are increasing the demand for pots in the residential sector. The interest of millennials in developing a kitchen garden is also having a positive impact on the nursery planters and pots market. According to the 2018 National Gardening Survey, 77% of the American households are gardening, and the millennials are driving this surge, which includes an increasing number of men. Garden Media’s 2019 trend report states that 30% of all households consist of at least one houseplant, and one-third of these plant purchases were made by millennials. Increase in standard of living of people and rise in disposable income in the developing countries have led to an increase in purchasing power of the consumers. This, in turn, has led to an increase in demand for decorative items for household purposes, thereby driving the nursery planters and pots market worldwide.

 

Nursery Supplies Inc.; The HC Companies; T.O. Plastics; Pöppelmann GmbH & Co., KG.; Keter; Landmark Plastic Corporation; Anderson Pots; Pot Incorporated; Fertil; and East Jordan Plastics, Inc are among the well-established players operating in the nursery planters and pots market.

 

Impact of COVID-19 Pandemic on Nursery Planters and Pots Market

The COVID-19 pandemic is adversely affecting economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. According to the data cited by Comtrade, the global exports of cut flowers were worth US$8.48 billion in 2017, and is supporting millions of people who grow, transport, and sell them. According to Union Fleurs, the International Flower Trade Association, the EU cut flower market lost approx. US$1.2 billion in the first six weeks of the lockdown. The decline in sale of flowers became a serious crisis in some countries, which led the Fairtrade Foundation described the situation in Kenya, who supplies one-third of all roses sold in the EU, as a humanitarian crisis. As the sales of flowers went down, it negatively impacted the market of nursery planters and pots. After the ease in the lockdown restrictions, the consumer sales have started to recover, as well as 70% of the sales are back as they were previously according to the Kenyan Flower Council, which is mostly due to help by the Kenyan government to resume transportation through flights. The pandemic increased the usage of e-commerce sites. Thus, the recovering sales of the flowers industry would drive the growth of the nursery planters and pots market in the coming years.

Nursery Planters and Pots Market Breakdown – by Region, 2020
Nursery Planters and Pots Market Breakdown – by Region, 2020

Nursery Planters and Pots Market Forecast to 2028 - COVID-19 Impact and Global Analysis | The Insight Partners

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Nursery Planters and Pots Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Clay, Plastic, Metal, and Others), End User (Residential, Greenhouse and Container Farming, and Others); and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)


 

The report includes the segmentation of the nursery planters and pots market as follows:

 

Nursery Planters and Pots Market, by Material
  • Clay
  • Plastic
  • Metal
  • Others

 

Nursery Planters and Pots Market, by End User
  • Residential
  • Greenhouse and Container Farming
  • Others

 

Nursery Planters and Pots Market, by Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

 

Nursery Planters and Pots Market, by Geography
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Russia
      • Rest of Europe
    • Asia-Pacific (APAC)
      • Australia
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia-Pacific
    • Middle East and Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of Middle East and Africa
    • South and Central America
      • Brazil
      • Argentina
      • Rest of South and Central America

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