Artificial Flower Market Dynamics and Competitive Scenario

The artificial flowers are less expensive than natural flowers and are available in all seasons which is one of the big issues with the natural flowers, these are the factors which are driving the Global Artificial Flower Market. However, lack of awareness among consumers and higher prices of artificial flowers affect local sales which hamper the market growth.

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The market is primarily driven by several factors including the growing fast-moving consumer goods (FMCG) industry around the world, backed by increasing urbanization and increasing population. According to the statistics by India Brand Equity Foundation (IBEF), the FMCG market in India (Asia Pacific region), is anticipated to grow by 9-10% in the year 2020. Additionally, the industry stood to be the fourth largest sector in the Indian economy.

The artificial flowers are the replica of the natural flowers which are used in decoration. Artificial flowers are used for both residential and commercial decoration purposes. Artificial flowers with stems are generally used in homes in pots or vases, as a substitute for real flowers and plants. There is no need for special care of artificial flowers like nurturing real flowers. Artificial flowers are colorful, easy to clean, cheaper than live flowers, environment-friendly, and they have a long life, therefore the demand for artificial flowers is increasing. Artificial flowers can be used in all seasons and are also a good option for people suffering from floral allergies. Nowadays, the artificial flowers are prepared in such a manner, they look like real flowers and even touches provide the feeling of live flowers and they are not affected by weather conditions, and therefore, they are being adopted largely instead of natural flowers.

The regional analysis of Artificial Flower is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Artificial Flower over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Artificial Flower market. Developing countries, such as India and China, are significant players boosting the demand for the Artificial Flower. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Artificial Flower over the coming years. Asia Pacific region is contributing towards the growth of global Artificial Flower and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Clay
Cotton
Leather
Nylon
Paper
Porcelain
Silk
Polyester
Plastic
Wax
Others

By Application:

Commercial
Residential

By Regions:

North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

The leading Market players mainly include-

Tongxin Artificial Flowers
FuLi Silk Flower Factory
Suqian Hollia Arts & Crafts
Ngar Tat
J.S. Flower
Nearly Natural
Dongguan Fusheng Arts
Dongguan Heng Xiang plant simulation Ltd.
Qihao
Dongchu Sculpture
Gold Eagle

Target Audience of the Artificial Flower in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Eli is a freelance writer and possess double graduation degree in physics and chemistry. She is an intense writer covering everything for Science and Tech to Business, Entertainment, Sports and Lifestyle.

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