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The vertical garden construction market size is estimated to increase by USD 406.28 million between 2022 and 2027. The market size is forecast to grow at a CAGR of 9.36%. The growth of the market depends on several factors, including green building construction, global go-green initiatives, and limited horizontal spaces driving the demand for skyscrapers.
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The limited horizontal space driving the demand for skyscrapers is notably driving the market growth, although factors such as sustaining vertical gardens may impede the market. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The limited horizontal space driving the demand for skyscrapers is notably driving the market. Skyscraper construction is on the rise around the world. Limited space in urban areas has restricted horizontal construction, making vertical construction the most viable option for developers. Growing environmental concerns and increasing skyscraper construction are combined to form a sustainable form of development. Due to the ability to provide gardens to existing buildings, the increase in skyscraper construction is expected to likely encourage global developers to adopt similar practices during the forecast period.
While there are several high-rise buildings and skyscrapers under construction, the implementation of vertical gardens will increase property values ??and help attract demand from large customers. Therefore, the limited horizontal space driving the demand for skyscrapers is expected to drive the growth of the global over the forecast period.
Vertical gardens promoting indoor agriculture are the primary trend shaping the global market. Vertical gardens add scenic beauty to buildings and are created to absorb ambient pollutants and enhance cooling. As environmental concerns grow, governments around the world are calling for mandates and standards to encourage this gardening. These gardens are now used for growing vegetables and fruits, and indoor farming has become an important application of this concept. Agricultural techniques and techniques are required. With the development of technology in the field of indoor farming, production costs have become almost the same as those of outdoor farming.
Advances in lighting, seed development, and control systems have transformed indoor farming into a broader economic activity. Indoor farming, like any new agribusiness, expects a large number of shareholders to help its expansion. Local governments also play an important role in promoting indoor farming by enacting indoor farming regulations and zones. With external support from governments and increasing food demand worldwide, the indoor farming industry is likely to drive the global vertical horticulture market during the forecast period.
Sustaining vertical gardens is a major challenge impeding the global market. Despite the high installment and maintenance costs, it takes a lot of effort and money to keep such a garden lush and vibrant. When a plant outgrows a potted plant, it will starve of nutrients and die. Another problem is that plants often die due to disturbances in the irrigation system.
A vertical flowering garden requires a lot of planning and attention. Light analysis, growth profiles, and climate predictions are sought after. The walls themselves are a complex combination of different layers of steel, polycarbonate, felt, and an internal irrigation system. Keeping in mind all the aforementioned technical details is a hectic task and difficult. Such challenges hinder the growth of the global market during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ANS Global: The company specializes in designing and installing living walls and green roofs, using innovative and sustainable materials and techniques.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the outdoor segment will be significant during the forecast period. The outdoor segment consists of living walls created on the exterior surface of buildings or composite walls. This segment is experiencing significant growth, driven by rapid urbanization and declining outdoor air quality.
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The outdoor segment was valued at USD 393.56 million in 2017 and continued to grow until 2021. Outdoor air quality has deteriorated significantly in recent years. The increase in global pollution is a major cause of outdoor air quality deterioration, leading to an estimated 3.4 million deaths each year worldwide. The increase in global air pollution and its adverse effects on human health, coupled with increasing awareness of anthropogenic global warming, is expected to encourage the adoption of these garden solutions to help improve air quality and humidify the air. Meanwhile, rapid urbanization is expected to bring some growth opportunities for the global market. Thus, urban population growth, coupled with the expansion of urban areas, has led to a decrease in the global forest area. This subsequently led to a worldwide drop in air quality. In addition, the increase in pollution worldwide is expected to have negative effects on human health, such as respiratory problems. To avoid this, several initiatives have been taken to raise awareness about the plantations. These factors are expected to encourage the adoption of these gardens in dense urban areas around the world during the forecast period.
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APAC is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is expected to have the highest growth in vertical gardening facilities, capturing a dominant share in the global market. In areas suitable for small spaces, urban gardening can be used to decorate walls and roofs in different ways. In Asia-Pacific, the countries that are significantly contributing to the growth of the market by adopting green practices are China, India, Singapore, and Australia. These countries are expected to experience a major real estate boom in the coming years due to rapid urbanization and the growing disposable income of the middle-class population.
This region has a presence of a number of global and regional players. Global players in the region include Elmich Pte Ltd., Fytogreen, and ZTC. Regional players include Four Leaf Landscape Pvt. Ltd., Greenwall, GreenWalls Bioengineering (HK) Ltd., and Living Holmes Design. Australia and India are the countries with high potential for market growth in the region during the forecast period.
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The Market is witnessing remarkable growth propelled by factors such as limited horizontal land availability and the increasing focus on environmental sustainability. Emerging markets are embracing vertical gardens as a solution to urban greening challenges, driven by government initiatives promoting green infrastructure. Advancements in vertical gardening technologies are overcoming technical challenges, including limited knowledge and expertise in plant selection and growth in vertical environments.
Demand is surging for vertical gardens in public spaces, commercial buildings, and urban development projects. Smart technologies such as automated irrigation and monitoring systems are enhancing maintenance efficiency. However, challenges persist, including regulatory constraints and technical obstacles like wind and sunlight exposure, necessitating innovative solutions such as modular planting systems and biophilic design. Competitive analysis and regulation analysis are crucial in navigating this rapidly evolving market landscape.
Vertical Garden Construction Market Scope |
|
Report Coverage |
Details |
Page number |
156 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.36% |
Market growth 2023-2027 |
USD 406.28 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
9.24 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 45% |
Key countries |
US, United Arab Emirates, Japan, South Korea, and Malaysia |
Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
A Lawn and Landscape, ANS Global, Atlantis Corporation Australia Pty Ltd., Biotecture Ltd., Elmich Australia Pty Ltd., Ferntastica Gardens Ltd., Four Leaf Landscape Pvt. Ltd., Fytogreen Pty Ltd., GREENRISE TECHNOLOGIES, Greenwall Solutions Pty Ltd., GreenWalls Group, GSky, JKD HortiTech, Rentokil Initial Plc, Sempergreen Vertical Systems BV, Smart Biotiles Inc., Vertical Garden Solutions, VERTICAL GARDENS SLU, Vertical Green, and ZTC International Landscape Solutions P Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and mrket condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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