Market Introduction
The North America nursery planters and pots market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Indoor potted plants are becoming a modern trend. There has been a shift in the inclination toward interior decoration of modern residences, which has increased the demand for pots in the residential sector. The presence of flowerpots and containers, as well as vases adds to the aesthetic of the room and provides a good vibe. The ancient science of design, architecture, and layout—which includes Feng Shui, Vaastu Shastra, and Malay system—strongly focuses on placing the plants in a specific direction to improve the flow of the energy in the house. The garden enthusiast population focuses on making gardens with the help of small and big gardening pots in their verandah and kitchen. These factors are increasing the demand for pots in the residential sector. The interest of millennials in developing a kitchen garden is also having a positive impact on the nursery planters and pots market. According to the 2018 National Gardening Survey, 77% of the American households are gardening, and the millennials are driving this surge, which includes an increasing number of men. Garden Media’s 2019 trend report states that 30% of all households consist of at least one houseplant, and one-third of these plant purchases were made by millennials. Increase in standard of living of people and rise in disposable income in the developing countries have led to an increase in purchasing power of the consumers. This, in turn, has led to an increase in demand for decorative items for household purposes, thereby driving the nursery planters and pots market in North America.
In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of nursery planters and pots manufacturing activities. Downfall in other consumer goods producing sectors has negatively impacted the demand for nursery planters and pots during the early months of 2020. Moreover, decline in the containers manufacturing activities has led to the discontinuation of nursery planters and pots manufacturing projects, thereby reducing the demand for nursery planters and pots. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.
Market Overview and Dynamics
The nursery planters and pots market in North America is expected to grow from US$ 448.62 million in 2021 to US$ 541.09 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028. Nursery planters and pots are products or containers in which the plants such as flowers, vegetables, herbs are grown or placed. There are different sizes, shapes, designs or nursery planters and pots available in the market. The demand for nursery planters and pots has been rising owing to the fondness of gardens. Plastic pots have adverse environmental impacts, and thus, manufacturers are focusing on creating recyclable plastic pots. The key manufacturers in the region focus on developing innovative nursery planters and pots to attract new consumers in the market. They are opting for cost-effective raw material and decoration to meet the requirement of end users. This further provides a huge market growth opportunity for the key players operating in the North American countries such as the US, Canada, and Mexico. The increasing competition among the producers has further driven the growth of the nursery planters and pots market. Besides this, the manufacturers in the region are investing high amounts in the research and development of nursery planters and pots which is expected to boost the market for nursery planters and pots in the North American region in the near future. For instance, The HC companies offer diverse pots and planters to the nurseries, growers, distributors, mass merchandisers, and retail garden centers across North America. The company offers greenhouse containers, nursery containers, sustainable fibre eco-friendly containers, paks & strips, and cannabis containers. These products are manufactured using the latest technology trends in injection molding, blow molding, thermoforming, and vacuum forming processes.
Key Market Segments
Based on material, the plastic segment accounted for the largest share of the North America nursery planters and pots market in 2020. Based on end user, the residential segment held a larger market share of the North America nursery planters and pots market in 2020. Based on distribution channel, the residential segment held a larger market share of the North America nursery planters and pots market in 2020. Plastic pots are mostly lightweight and flexible and are also available in many colors to coordinate with the interior and exterior décor of the household. Plastic planters and pots are not as durable as resin-based planters. Plastic pots are comparatively cheap and are widely available, which is driving the segment. These are usually made of inert materials. Currently, recyclable plastic is being used to make these pots and planters so that their disposal is environment friendly. Plastic pots have thinner walls compared to clay pots, which offers the roots little or no insulation from the change in temperature. They are tough, durable, and virtually unbreakable. Single-used as well as petroleum-based plastics are mostly used for as planters and pots for the plants.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America nursery planters and pots market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Nursery Supplies Inc.; The HC Companies; T.O. Plastics; Pöppelmann GmbH & Co., KG.; Keter; Landmark Plastic Corporation; Anderson Pots; Pot Incorporated; Fertil; and East Jordan Plastics, Inc.
Reasons to buy report
North America Nursery Planters and Pots Market Segmentation
North America Nursery Planters and Pots Market -By Material
North America Nursery Planters and Pots Market -By End User
North America Nursery Planters and Pots Market -By Distribution Channel
North America Nursery Planters and Pots Market – By Country
North America Nursery Planters and Pots Market – Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 448.62 Million |
| Market Size by 2028 | US$ 541.09 Million |
| CAGR (2021 - 2028) | 2.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Nursery Planters and Pots Market is valued at US$ 448.62 Million in 2021, it is projected to reach US$ 541.09 Million by 2028.
As per our report North America Nursery Planters and Pots Market, the market size is valued at US$ 448.62 Million in 2021, projecting it to reach US$ 541.09 Million by 2028. This translates to a CAGR of approximately 2.7% during the forecast period.
The North America Nursery Planters and Pots Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Nursery Planters and Pots Market report:
The North America Nursery Planters and Pots Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Nursery Planters and Pots Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Nursery Planters and Pots Market value chain can benefit from the information contained in a comprehensive market report.
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