The residential artificial flower retail market size has the potential to grow by USD 247.95 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.13%.
This report provides a detailed analysis of the market by distribution channel (offline and online), geography (North America, APAC, Europe, South America, and MEA), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Amazon.com Inc.
- Bed Bath and Beyond Inc.
- Inter IKEA Holding BV
- J. C. Penney Co. Inc.
- Kohls Corp.
- Lowes Companies Inc.
- Target Corp.
- Transform SR Brands LLC
- Walmart Inc.
- Wayfair Inc.
The residential artificial flower retail market is fragmented and the vendors are deploying growth strategies such as investments in R&D and consolidation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players are also significantly leveraging external market drivers such as low maintenance costs to achieve growth opportunities. However, factors such as long product replacement cycle will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the residential artificial flower retail market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This residential artificial flower retail market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers
Residential Artificial Flower Retail Market: Segmentation by Geography
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38% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for residential artificial flower retail in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The high cost of natural flowers is one of the prime factors that will facilitate the residential artificial flower retail market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Residential Artificial Flower Retail Market: Segmentation by Distribution Channel
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The offline distribution segment will account for the highest growth within the global residential artificial flower retail market due to the expansion of organized retail outlets including hypermarkets, supermarkets, department stores, clubhouse stores, and convenience stores. Hence the growth of the market has been significant throughout the forecast period.
However, the post COVID-19 impact has brought forth a slowdown in the offline segment. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the residential artificial flower retail market size.
Residential Artificial Flower Retail Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive residential artificial flower retail market growth during the next five years
- Precise estimation of the residential artificial flower retail market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the residential artificial flower retail industry across North America, APAC, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of residential artificial flower retail market vendors
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