Artificial Flowers Markets Share Predicted to be Worth USD 2.37 Billion By 2032

Artificial Flowers Market Size Worth $ 2.37 Billion By 2032 | CAGR: 4.3%


The global artificial flowers market size is expected to reach USD 2.37 billion by 2032, according to a new study by Polaris Market Research. The report “Artificial Flowers Market Share, Size, Trends, Industry Analysis Report, By Material (Polyester, Plastic, Paper, Nylon, Silk), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market's expansion is primarily propelled by the rising demand for convenient and long-lasting artificial flowers, especially in both commercial and residential environments. The market has seen growth due to the availability of diverse options, offering various shapes and colors to cater to different consumer preferences. Additionally, the practice of giving artificial flowers as gifts for various occasions has contributed to an increased demand in the market.

Real-touch polyether polyurethane (PU) foam, has brought about a substantial transformation in the market, leading to significant growth. In contrast to the earlier perception of artificial flowers being inexpensive and of lower quality, contemporary manufacturing techniques have resulted in the production of high-quality, lifelike options that closely resemble real flowers. PU foam flowers offer several advantages, including low maintenance, vibrant colors, and durability, which have significantly contributed to their popularity in various commercial spaces such as offices, hotels, and retail stores.

The extended lifespan, cost-effectiveness, and customization options provided by PU foam flowers have driven their adoption across diverse applications. Their realistic appearance, coupled with the benefits of easy maintenance and vibrant aesthetics, has led to increased acceptance not only in commercial settings but also in various other contexts where artificial flowers are sought after for their visual appeal and long-lasting qualities.

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The increasing prevalence of online platforms and the widespread adoption of e-commerce in the region have played a crucial role in making artificial flowers more accessible to a broader customer base, leading to a substantial increase in sales. This shift represents a significant digital transformation in the way consumers engage with and purchase artificial flowers.

Online platforms provide consumers with the convenience of exploring and buying artificial flowers from the comfort of their homes. This has eliminated geographical constraints and expanded the reach of artificial flower vendors to a broader audience. Consumers now have the flexibility to browse through a wide variety of artificial flower options, compare prices, and make purchases at their convenience, all with a few clicks on their electronic devices.

Artificial Flowers Market Report Highlights

  • Silk artificial flowers segment will grow at a rapid pace, as they are suitable for long-duration functions in both commercial & residential gatherings or events.
  • The residential segment is expected to grow at the fastest pace, due to their low maintenance, and cost-effectiveness nature.
  • Asia Pacific will exhibit a robust growth rate, owing to rising disposable income, and preference towards low-maintenance home decor.
  • The key market players include Tree Locate, Foshan Tongxin Artificial Flowers, Oriental Fine Art, Silk Flower, J. S. Flower Company, & Floral Home Décor.

Polaris Market Research has segmented the artificial flowers market report based on material, application, distribution channel, and region:

Artificial Flowers, Material Outlook (Revenue - USD Billion, 2019 - 2032)

  • Polyester
  • Plastic
  • Paper
  • Nylon
  • Silk
  • Others

Artificial Flowers, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Residential
  • Commercial

Artificial Flowers, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • Supermarkets & Hypermarkets
  • Specialty Craft Stores
  • Florists
  • Online

Artificial Flowers, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Artificial Flowers Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1.68 billion

Revenue Forecast in 2032

USD 2.37 billion

CAGR

4.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2032

Segments Covered

By Material, By Application, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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