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Ornamental Plant Market Growth Drivers, Developments, Technology and Future Trends 2018-2024

Source: Fast.MR

Ornamental Plant Market

According to a new report published by FAST.MR, titled, “Ornamental Plants Market” witnessed a market value of USD XXX billion in 2018 and is considered to surpass USD XXX billion by 2024, recording a compound annual growth rate (CAGR) of XX% between 2019 and 2024. The ornamental plants market is analysed based on regions, by type, by application, by habitat and by distribution channel. The regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The research report also includes detailed competitive analysis of dominant market players in ornamental plants market, such as Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb, Arcangeli Giovanni & Figlio, Carzan Flowers and others.

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Market Summary:

Based on the type, the market has been classified into cut flowers, indoor & potted plants, trees & shrubs, others. In type segment, indoor & potted plants segment contributed around XX% market share of the ornamental plants market in 2018. Demand for indoor plants among city dwellers has soared, especially among millennials. In addition to this, growing demand for houseplants is anticipated to escalate the growth of segment in near future.

Ornamental plants application segment includes commercial and residential segments. The commercial application segment was valued at USD XX million in 2018 and is expected to reach USD XX Million by 2024, progressing at a CAGR of XX% from 2019 to 2024. On the basis of habitat, the market is bifurcated into desert plants, forests or land plants, aerial plants and aquatic plants. At present, desert plants segment represents XX% of the total ornamental plants market. The market is also broken down on the basis of distribution channel into offline channels and online channels. Among which, offline channels segment grabbed XX% market shares in 2018.

Region-wise, the market has been segmented into Europe, Asia Pacific, North America, the Middle East & Africa, and Latin America. At present, The Europe region has acquired significant market shares and is poised to continue its dominance in the coming years. The competitive landscape of the market has been examined in the report. Some of the key players operating in the market include Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb, Arcangeli Giovanni & Figlio, Carzan Flowers and others prominent players.

Research Scope and Deliverables:

- Research Methodology & Executive Summary

- Market Drivers, Trends, Barriers and Opportunities

- Market Size and Forecast Projections

- Competitive Analysis

- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

- Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyses the ornamental plants market by the following segments:

- Type

- Habitat

- Application

- Distribution Channel

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the further breakdown of market data and analysis of region into countries is covered in the report.

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