The North America Artificial Flowers Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 132.6 million units, showcasing a growth of 2.6% (2019-2022).
Nowadays, artificial flowers are widely used for their aesthetic value and low maintenance requirements. In addition, the production of artificial flowers has become so technologically advanced that it can be difficult to distinguish between natural and artificial flowers. The current realistic variations of artificial plants and flowers are merely the most recent iteration of a centuries-old artistic practice.
Furthermore, with the advancement of technology and industry, the materials and techniques for creating permanent plants have vastly improved, allowing the creation of permanent artificial flowers and plants with shapes, colors, and characteristics that resemble their natural counterparts.
Artificial flowers have become a multibillion-dollar market supported by millions of homes and commercial structures. New technologies continue to improve the quality of the artificial flower’s products, with some of them appearing and scenting identical to genuine flowers. It is the realism of artificial flowers that has fueled the current trend of using them in wedding bouquets, dresses, and veils and to create elaborate cake toppers.
The rising use of artificial flowers for ornamental and aesthetic purposes is one of the key factors most likely to have a positive impact on the growth of the market in the North America region. The demand for artificial flowers in North America is driven by convenience, aesthetics, versatility, and the ability to create beautiful spaces without the challenges associated with real flowers. Popular goods include fabrics, furniture, rugs, artwork, lighting fixtures, and decorative accents. Additionally, many vendors provide custom design services that let clients produce unique works of art that are specially catered to their own style. Thus, all the above-mentioned factors are expected to boost the demand for artificial flowers in the region.
The US market dominated the North America Artificial Flowers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $419.9 Million by 2030. The Canada market is anticipated to grow at a CAGR of 7% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 6% during (2023 - 2030).
Based on Application, the market is segmented into Commercial, and Residential. Based on Material, the market is segmented into Polyester, Plastic, Paper, Nylon, Silk, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Artificial Flowers Market is Projected to reach USD 2.1 Billion by 2030, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include FRS Holding s.r.l.u, Diane James Designs, Inc., Dongguan Fusheng Arts Products Co., Ltd., Artificial Flower Factory, TreeLocate (Europe) Limited, TreeScapes & PlantWorks, LLC, NGAR TAT PRODUCTION FTY. LTD., Plantscape Commercial Silk (PLANTSCAPE INC.), Xuzhou Pleasant Arts Flower Co., Ltd., and SG Silk Flower Limited
By Application (Volume, Million Units, USD Million, 2019-2030)
By Material (Volume, Million Units, USD Million, 2019-2030)
By Distribution Channel (Volume, Million Units, USD Million, 2019-2030)
By Country (Volume, Million Units, USD Million, 2019-2030)
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