online plant nursery market Report Overview
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global online plant nursery market size was USD 9099.04 million in 2021 and the market is projected to touch USD 32112.56 million by 2032 at a CAGR of 12.15% during the forecast period.
The COVID-19 pandemic has been unprecedented and staggering, with the online plant nursery market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
Online nurseries can provide a variety of plants from seeds and seedlings to mature trees. Whether it Is for home or commercial use, one can find a plant to suit their needs. The global grill manufacturing market will grow at a significant CAGR during the forecast period. Economic development and significant infrastructure development shaped regional income. The global online plant nursery market is growing significantly due to rapid urbanization, spread of modern farming techniques, population growth leading to high demand for fruits and vegetables and shrinking arable land forcing growers to adopt indoor cultivation practices, including commercial greenhouses. . In addition, government interventions such as export subsidies, customs or import taxes, and direct subsidies to farmers increase market growth. In addition, the growing trend of consumers towards organic foods creates profitable opportunities for the Online Plants nursery industry.
COVID-19 Impact: COVID-19 causing job closures and supply chain disruptions leading decline in market growth
Manufacturing sectors have been affected by COVID-19 in 2020-2021, causing job closures, supply chain disruptions and transport restrictions. The import and export of products related to flowers and ornamental plants has been significantly affected by the lockout in recent years. The indoor flower market is expanding due to the growing desire of consumers to add aesthetics to their environment.
Latest Trends
"Development of technology promotes the growth of the market "
Large investments by market players in creating user-friendly websites and applications and adoption of advanced technologies such as big data analytics, artificial intelligence, Internet of Things are expected to grow rapidly selling plants through an online nursery. Technical innovations and advances further optimize the product's performance, enabling it to gain a wider range of applications in downstream markets. Flowers have many useful components for consumers, which can be created, improved or improved through flower breeding programs using different . This will increase the demand for flowers and ornamental plants, creating opportunities in the global online plant nursery market.
online plant nursery market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Trees, Shrubs, Flowers, Vegetable Seeds, Others. Trees are anticipated to be the leading segment.
- By Application Analysis
Based on application, the market can be divided into Household, Plant Garden, Plant Research Center, Commercial Greenery, Other. Household will be the dominating segment.
Driving Factors
"High demand for plants and the health benefits of indoor gardening will foster the market growth"
Due to their many benefits, the growth in sales of plants for residential and commercial spaces is boosting the demand for online nurseries. The presence of houseplants in formal spaces helps lower blood pressure and stress levels and relaxes the atmosphere of the room. The increase in pollution and the continuous deterioration of air quality forces consumers to choose cost-effective air purification methods. Houseplants are believed to reduce stress and have healing properties. People with mental health problems are often advised to start indoor gardening as horticultural therapy to improve the well-being of those suffering from depression, anxiety, dementia and other conditions. It helps to relax, focus and connect with nature and each other. The global online plant nursery market is driven by the growing demand for plant in residential areas.
"Growing popularity of indoor plants as decoration fuel the market growth"
The different colors of the houseplant, such as white, pink and purple, make it a popular home decoration. The rise in popularity of indoor plants as a decorative element is expected to boost the online plant nursery market growth. Popularization of green vegetation as an element of home decoration, improvement of environment and purification of indoor air is expected to increase the market of online nurseries in India. The increase in the number of market participants selling plants through the online sales channel and the large selection of plants belonging to different segments such as flowers, shrubs, vegetable seeds, indoor plants and air purifying plants are contributing to the increase in market demand. Marketing players adopt attractive marketing strategies and promote through popular social media like Facebook and Instagram to increase sales of plants and seeds. They also offer additional services such as self-watering pots and plants for gifts, as well as moss frames and terrarium pots for garden decoration to promote sales through their respective online platforms.
Restraining Factors
"High initial investments slow market growth "
Usually, an online kindergarten requires high start-up costs and obtaining sufficient capital. In addition, some products have very low profit margins, which hinder market growth. On the other hand, not everyone is willing to pay attention to the health of indoor flowers, which is a major challenge for the long-term growth of the market. Complexity of mold and fungal diseases due to insufficient light further hampers the online plant nursery market growth.
online plant nursery market Regional Insights
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"North America will dominate the market due to increasing consumer awareness"
North America is expected to dominate the global online plant nursery market during the forecast period due to the growth of house farming in the US, which is attracting more farmers to adopt this technology. The U.S. online plant nursery market was estimated to register highest CAGR during the forecast period. The North American region dominated the online plant nursery market share and is expected to maintain its dominant position during the forecast period. The U.S. is expected to experience high demand in the North American region due to increasing consumer awareness.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios. Key industry players in the antacid tablet market have a significant impact on market dynamics. These companies are at the forefront of research and development, consistently introducing innovative formulations and product variations. Their focus on convenience and effectiveness sets industry standards and influences market growth.
List of Market Players Profiled
- Great Garden Plants (U.S.)
- Moon Valley Nurseries (U.S.)
- Prairie Nursery (U.S.)
- Desert Horizon Nursery (U.S.)
- MONROVIA NURSERY COMPANY (U.S.)
- Greenwood Nursery (U.S.)
- Pike Nurseries (U.S.)
- Davey Tree (U.S.)
- Plant Delights Nursery (U.S.)
- Gardens Alive (U.S.)
Report Coverage
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 9099.04 Million in 2021 |
Market Size Value By |
US$ 32112.56 Million by 2032 |
Growth Rate |
CAGR of 12.15% from 2021 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
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By Application
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Frequently Asked Questions
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What value is the online plant nursery market expected to touch by 2032?
Based on our research the online plant nursery market is expected to reach USD 32112.56 million in 2032.
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What CAGR is the online plant nursery market expected to exhibit by 2032?
The online plant nursery market is expected to exhibit a CAGR of 12.15% by 2032.
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Which are the driving factors of the online plant nursery market?
High demand for plants and the health benefits of indoor gardening and growing popularity of indoor plants as decoration are two main driving factors of the online plant nursery market.
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Which are the top companies operating in the online plant nursery market?
The top key players in the online plant nursery market are Great Garden Plants, Moon Valley Nurseries, Prairie Nursery, Desert Horizon Nursery, MONROVIA NURSERY COMPANY, Greenwood Nursery, Pike Nurseries, Davey Tree, Plant Delights Nursery, Gardens Alive.