Global Indoor Plants Market- Market Overview:

The Global indoor plants market is expected to grow from USD 18.6 billion in 2021 to USD 31.2 billion by 2029, at a CAGR of 5.3% during the Projection period 2022-2029. The growth of this market is mainly driven owing to the rising consumer desire for indoor plants to enhance the amount of oxygen and rising personal disposable income.

The term itself makes it clear that indoor plants are ones that are grown inside. Houses, offices, and other interior spaces can all be used to grow indoor plants. Growing plants indoors is believed to have numerous advantages and benefits. Indoor plants improve air quality, eliminate pollutants, raise oxygen levels, and slow the rate of indoor air pollution. Both small and large spaces can benefit from the addition of flowers and attractive plants. These flowers and decorative plants enhance the décor and enhance it aesthetically. Indoor plants can be easily adapted to a variety of climates, gardening requirements, and landscapes and come in a variety of sizes, shapes, and colors. Growing plants inside is believed to have positive effects on both happiness and health. A controlled environment is necessary for indoor plants. Because the atmosphere can be changed to meet the needs of the plants and the climate can be managed, indoor plants can flourish. Indoor plants increase oxygen levels, remove pollutants, keep the air clean, and lower the rate of indoor air pollution. Numerous factors, including rising personal disposable income and growing knowledge of the advantages of indoor plants, such as their capacity to increase humidity and lower temperatures, can be linked to the rise in the market value of indoor plants. Compared to plants that thrive outdoors, indoor plants need less space to grow.

Sample Request: - Global Indoor Plants Market

Market Dynamics:

Drivers:                          

• Health Benefits

Indoor plants are reputed to be medicinal and stress-reducers. Indoor gardening is frequently recommended to patients with mental diseases as horticulture therapy to enhance feelings of well-being in persons with depression, anxiety, dementia, and other conditions. It promotes unwinding, focus, and establishing relationships with others and nature. The need for indoor plants and flowers in the residential sector is propelling the global market for indoor plants.

Restraints:                                             

• Need Constant Care

The market's long-term growth will be significantly hampered by the fact that not everyone is eager to pay attention to the well-being of indoor plants. The complexity of fungus and mold brought on by inadequate lighting will further impede the market's rate of expansion for indoor plants.

Opportunities:

• Increase in Plant Production Centres

Recent years have seen an increase in the use of plant breeding, including cross-breeding and multi-breeding, by numerous flower and plant manufacturing facilities. The creation of plants that perform better than current ones in terms of economic value is the main objective of plant breeding. Through flower breeding programs that use a variety of research and conventional approaches, flowers can be generated, enhanced, or modified in many ways that are advantageous to the consumer. Increased economic productivity yield is the ultimate goal of breeding research programs, to sum up. As a result, there is an upsurge in the market for flowers and ornamental plants for indoor use.

Challenges:

• High Costs Associated with Indoor Planting

Because indoor plants require artificial light, moisture, and climate, they are energy-intensive. In the United States, the price of electricity required to break even is between USD 3-5 kW/h, whereas it is considerably higher in Japan. The growth of the industry is hampered by high indoor plant electricity costs. Large and small indoor planting both spend more than half of their operational budgets on personnel expenditures due to the labor-intensive nature of vertical farming. During the Projection period, it is anticipated that the expansion of the global indoor plants market would be constrained by high initial investment costs.

Segmentation Analysis:

The global indoor plants market has been segmented based on types, applications and regions.

By Types

The types segment is Shade-loving plants, Low light plants, and High light plants. The low-light plants segment led the largest share of the indoor plants market with a market share of around 7.44% in 2021. Slow-growing plants or houseplants are other names for low light plants. These are raised in pots or other containers and require little sunshine to develop. To add aesthetic appeal, they can be positioned inside a home, office, or any other indoor space. The main advantage of these plants is that they demand very little space and little maintenance from the owners aside from routine watering when necessary.

By Application                                  

The application segment is commercial application and home decoration. The commercial application segment led the largest share of the indoor plants market with a market share of around 11.16% in 2021. The need for indoor plants in this market is being driven by the growth of hospitals, hotels, restaurants, and shopping malls along with rising disposable income. The popularity of indoor plants among homeowners worldwide has also increased due to a rise in spending on interior décor projects like furniture rearranging and home decor, including growing fresh flowers at home.

Global Indoor Plants Market- Sales Analysis.

The sale of indoor plants market products and end-use expanded at a CAGR of 4.3% from 2015 to 2021.

Rising consumer desire for indoor plants to enhance the amount of oxygen and rising personal disposable income are driving the market for indoor plants to grow. The expanding population, the expanding variety of indoor plant species, and the growing acceptance of indoor plants in developing countries are further indirect market growth factors. Producers have been compelled to promote the market's broad availability of indoor plants as a result of consumers' impulsive shopping habits. Long-term market expansion opportunities for indoor plants would be produced by the expanding indoor and terrace farming trends.

The market's long-term growth will be significantly hampered by the fact that not everyone is eager to pay attention to the health of indoor plants. The complexity of moulds and fungus brought on by inadequate light would further impede the growth rate of the indoor plant market. During the anticipated period, each of these elements will improve market trends and market value for indoor plants.

Thus, owing to the aforementioned factors, the global indoor plants market is expected to grow at a CAGR of 5.3% during the Projection period from 2022 to 2029.

By Regional Analysis:

The regions analyzed for the indoor plants market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia-Pacific region dominated the indoor plants market and held a 38% share of the market revenue in 2021.

• The Asia-Pacific region witnessed a major share. Some of the key market growth determinants for this region are modernization, westernization, rapid globalization, rising personal disposable income, and expanding awareness of the advantages of indoor plants. Additionally, the continuous stress among the youthful population in this area, which is driven by a number of reasons, will support the growth of the indoor plant industry in this area. The increasing accessibility of a wide variety of indoor plants will also create exciting and profitable business expansion opportunities. However, due to the growing importance of terrace farming,
• North America is anticipated to experience significant growth during the Projection period. One of the biggest markets for hydroponic systems in North America is the US greenhouse horticulture and agriculture. Fresh food production has surged thanks to renovations of abandoned warehouses, dilapidated structures, and high rises in New York, Chicago, and Milwaukee. Opportunities will arise when food availability and security increase. Businesses should spend more on low-light plants as a result.

Global Indoor Plants Market- Country Analysis:

• Germany

Germany's indoor plant market size was valued at USD 3.6 billion in 2021 and is expected to reach USD 5.2 billion by 2029, at a CAGR of 4.7% from 2022 to 2029.

From crudely covered rows of open-field crops, German greenhouses have developed into sophisticated plant factories. In terms of using indoor plants commercially, Germany is at the forefront. Hamburg startups utilize artificial lighting to grow lettuce and herbs in warehouses. For indoor plants, Berlin's InFarm has raised USD 35 million.

• China

India's indoor plants market size was valued at USD 4.7 billion in 2021 and is expected to reach USD 6.9 billion by 2029, at a CAGR of 5.2% from 2022 to 2029. The existence of several indoor plants is expected to cause nations like China to see significant growth in the Projection years. Additionally, the region's steadily growing population has increased the demand for indoor plants, which directly increases the market.

• India

India's indoor plants market size was valued at USD 5.12 billion in 2021 and is expected to reach USD 9.8 billion by 2029, at a CAGR of 5.8% from 2022 to 2029. Due to rising demand for indoor plants from nations like India, the region will continue to hold the top spot over the Projection years. Additionally, during the course of the Projection period, increased disposable income levels are anticipated to support regional product demand.

Key Industry Players Analysis:                                                     

To increase their market position in the global indoor plants business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• DÜMMEN ORANGE
• Syngenta
• Beekenkamp Group
• Hofland flowering plants
• SAKATA
• DUTCH FLOWER GROUP
• MARGINPAR BV
• Walter Blom Plants BV
• Selecta Klemm, Double H Nurseries Ltd,
• ARCANGELI GIOVANNI
• KP Holland
• Ball Horticultural Company

Latest Development:

• In 2021, In addition to actively participating in the installation of innovative indoor farming systems, Bright Farms concentrated on increasing its production base. For instance, in Hendersonville, North Carolina, BrightFarms will debut its newest indoor farm. The 6-acre greenhouse will generate 2 million pounds of lettuce annually. Similar to this, Bright Farms increased the size of its building division in 2019 by opening three new environmentally friendly greenhouse farms in North Carolina, Massachusetts, and New York.
• In 2021, A $300 million Series C round of funding will be revealed by New York City-based vertical farming firm Bowery Farming. According to Bowery, the money will be used to broaden its network of intelligent indoor farms across the country.

Report Metrics

Report Attribute	Details
Study Period	2021-2029
Base year	2021
CAGR (%)	5.3%
Market Size	18.6 billion in 2021
Projection period	2022-2029
Projection unit	Value (USD)
Segments covered	By Type, By Application and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	DÜMMEN ORANGE Syngenta Beekenkamp Group Hofland flowering plants SAKATA DUTCH FLOWER GROUP, MARGINPAR BV, Walter Blom Plants BV, Selecta Klemm, Double H Nurseries Ltd, ARCANGELI GIOVANNI, KP Holland, Ball Horticultural Company.
By Type	Shade-loving plants Low light plants High light plants
By Application	Commercial Application Home Decoration
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Indoor Plants Market By Type:

• Shade-loving plants
• Low light plants
• High light plants EPS

Global Indoor Plants Market By Application:

• Commercial Application
• Home Decoration

Global Indoor plants Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Analysis- Political variables include tax policy, environmental regulations, trade limitations and reform, tariffs, and also political stability. These criteria define the extent to which a government may affect an industry or a firm. For example, the government may implement new tax laws that might change the whole revenue-generating mechanism of a corporation. Some tariff trade obstacles that can prove to be an impediment in the way we manage our business operations are customs policy and export subsidies. Meanwhile, non-tariff trade barriers include establishing minimum import prices as well as export prohibitions and limitations.

Economical Analysis- Economic cycles can now be closely watched, and trustworthy information on changes is widely accessible. On the other hand, it might be difficult to plan for unpredictably changing circumstances in the global economy. The building industry significantly influences the national economy's changes. The role of the public sector in balancing the economy and, on the other hand, the changes in private consumption that underpin economic development were examined in the answers to the question about the implications of uncontrolled economic development.

Social Analysis- Social influences include cultural norms and expectations, health consciousness, population growth rates, age distribution, career preferences, health, and safety. These elements can help businesses plan their marketing analytics and strategy more effectively. For example, the Indian market often observes a jump in demands for vehicles during the last months of the year, due to marriage and the festival season. These criteria are particularly significant for marketers since they target certain clients. Additionally, they also emphasise the local workforce and its passion to function under particular circumstances.

Technological Analysis- If you ever wonder how you will take care of your plants while you are on a weekend break, the smart pot has you covered. Unlike your typical flower pot, a smart pot is a self-watering and assessment device that will make sure to provide your plant the proper quantity of water and attention, regardless if you are at home or not. Its internal sensors assess the light, temperature, moisture and nutrient levels of the plant. It then proceeds to provide the daily report on your phone via a mobile application. For a plant parent who enjoys travel, this gadget is a blessing.

Environmental Analysis- Plants employ carbon dioxide, water, and sunshine to generate glucose – the fuel that gives them the energy they need to thrive. As part of the food-making process, they release oxygen into the air, thus they are practically recycling the interior air. But even more crucially, plants can eliminate poisons from the air, and they do so when they evacuate moisture through the plant leaves. The plant uses the pumping action that the discharge of water vapour causes to draw moisture back into the roots of plants. As the plant accomplishes this, it draws air towards the roof; it sucks up the contaminated air where plant roots then absorb it.

Legal Analysis- Laws that affect employment, resources, quotas, imports/exports, taxation, and access to materials are among the legal factors. Both internal and exterior aspects of these elements exist. Certain laws have an impact on the business environment of a country. Apart from these laws/rules, firms maintain their own set of rules and regulations by which an employee is expected to abide by. So, the legal analysis takes accounts of both these viewpoints and builds tactics bearing them in mind.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Type
     • 3.2. Market Attractiveness Analysis By Application
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Health Benefits
   • 3. Restraints
     • 3.1. Need Constant Care
   • 4. Opportunities
     • 4.1. Increase in Plant Production Centres
   • 5. Challenges
     • 5.1. High Costs Associated with Indoor Planting

6. Global Indoor Plants Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. Shade-loving plants
   • 3. Low light plants
7. Global Indoor Plants Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Commercial Application
   • 3. Home Decoration
8. Global Indoor Plants Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Indoor Plants Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Indoor Plants Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Product Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • DÜMMEN ORANGE
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Product Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Syngenta
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Product Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Beekenkamp Group
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Product Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Hofland flowering plants
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Product Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • SAKATA
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Product Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • DUTCH FLOWER GROUP
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Product Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • MARGINPAR BV
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Product Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Walter Blom Plants BV
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Product Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Selecta Klemm, Double H Nurseries Ltd
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Product Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • ARCANGELI GIOVANNI
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Product Portfolio
      • Recent Developments
      • SWOT Analysis
    • KP Holland
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Product Portfolio
      • Recent Developments
      • SWOT Analysis
    • Ball Horticultural Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Product Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

1. Global Indoor Plants Market, By Type, 2021–2029 (USD Billion)
2. Global Shade-loving plants, Indoor Plants Market, By Region, 2021–2029 (USD Billion)
3. Global Low light plants, Indoor Plants Market, By Region, 2021–2029 (USD Billion)
4. Global Indoor Plants Market, By Application, 2021–2029 (USD Billion)
5. Global Commercial Application, Indoor Plants Market, By Region, 2021–2029 (USD Billion)
6. Global Home Decoration, Indoor Plants Market, By Region, 2021–2029 (USD Billion)
7. Global Indoor Plants Market, By Region, 2021–2029 (USD Billion)
8. North America Indoor Plants Market, By Type, 2021–2029 (USD Billion)
9. North America Indoor Plants Market, By Application, 2021–2029 (USD Billion)
10. USA Indoor Plants Market, By Type, 2021–2029 (USD Billion)  
11. USA Indoor Plants Market, By Application, 2021–2029 (USD Billion)  
12. Canada Indoor Plants Market, By Type, 2021–2029 (USD Billion)
13. Canada Indoor Plants Market, By Application, 2021–2029 (USD Billion)
14. Mexico Indoor Plants Market, By Type, 2021–2029 (USD Billion)
15. Mexico Indoor Plants Market, By Application, 2021–2029 (USD Billion)
16. Europe Indoor Plants Market, By Type, 2021–2029 (USD Billion)
17. Europe Indoor Plants Market, By Application, 2021–2029 (USD Billion)
18. Germany Indoor Plants Market, By Type, 2021–2029 (USD Billion)
19. Germany Indoor Plants Market, By Application, 2021–2029 (USD Billion)
20. France Indoor Plants Market, By Type, 2021–2029 (USD Billion)
21. France Indoor Plants Market, By Application, 2021–2029 (USD Billion)
22. UK Indoor Plants Market, By Type, 2021–2029 (USD Billion)
23. UK Indoor Plants Market, By Application, 2021–2029 (USD Billion)
24. Italy Indoor Plants Market, By Type, 2021–2029 (USD Billion)
25. Italy Indoor Plants Market, By Application, 2021–2029 (USD Billion)
26. Spain Indoor Plants Market, By Type, 2021–2029 (USD Billion)
27. Spain Indoor Plants Market, By Application, 2021–2029 (USD Billion)
28. Asia Pacific Indoor Plants Market, By Type, 2021–2029 (USD Billion)
29. Asia Pacific Indoor Plants Market, By Application, 2021–2029 (USD Billion)
30. Japan Indoor Plants Market, By Type, 2021–2029 (USD Billion)
31. Japan Indoor Plants Market, By Application, 2021–2029 (USD Billion)
32. China Indoor Plants Market, By Type, 2021–2029 (USD Billion)
33. China Indoor Plants Market, By Application, 2021–2029 (USD Billion)
34. India Indoor Plants Market, By Type, 2021–2029 (USD Billion)
35. India Indoor Plants Market, By Application, 2021–2029 (USD Billion)
36. South America Indoor Plants Market, By Type, 2021–2029 (USD Billion)
37. South America Indoor Plants Market, By Application, 2021–2029 (USD Billion)
38. Brazil Indoor Plants Market, By Type, 2021–2029 (USD Billion)
39. Brazil Indoor Plants Market, By Application, 2021–2029 (USD Billion)
40. Middle East and Africa Indoor Plants Market, By Type, 2021–2029 (USD Billion)
41. Middle East and Africa Indoor Plants Market, By Application, 2021–2029 (USD Billion)
42. UAE Indoor Plants Market, By Product, 2021–2029 (USD Billion)
43. UAE Indoor Plants Market, By Biomaterial, 2021–2029 (USD Billion)
44. UAE Indoor Plants Market, By Type, 2021–2029 (USD Billion)
45. UAE Indoor Plants Market, By Application, 2021–2029 (USD Billion)
46. South Africa Indoor Plants Market, By Type, 2021–2029 (USD Billion)
47. South Africa Indoor Plants Market, By Application, 2021–2029 (USD Billion)

List of Figures 

1. Global Indoor Plants Market Segmentation
2. Indoor Plants Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Indoor Plants Market Attractiveness Analysis By Type
9. Global Indoor Plants Market Attractiveness Analysis By Application
10. Global Indoor Plants Market Attractiveness Analysis By Region
11. Global Indoor Plants Market: Dynamics
12. Global Indoor Plants Market Share By Type (2021 & 2029)
13. Global Indoor Plants Market Share By Application (2021 & 2029)
14. Global Indoor Plants Market Share by Regions (2021 & 2029)
15. Global Indoor Plants Market Share by Company (2020)