Market Overview:
Artificial Trees Market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for artificial trees in residential and commercial applications. Artificial trees are widely used in both, residential and commercial applications as they provide aesthetic appeal and enhance the décor of the space. Additionally, artificial trees are low maintenance and do not require regular watering or pruning, which makes them an ideal choice for busy homeowners or business owners. The global market for artificial trees is segmented on the basis of type, application and region. On the basis of type, indoor artificial trees accounted for a majority share of the global market in 2017 owing to their growing popularity among consumers due to their ability to improve air quality by removing harmful toxins from indoor spaces.
Product Definition:
Artificial Trees are trees that are made by people, often out of metal, plastic or other synthetic materials. They are used as decoration, or in some cases to help improve air quality.
Indoor Trees:
Indoor trees are also known as fake or artificial trees. They are grown inside a container of soil, which is filled with synthetic or natural water. The roots of the indoor tree absorb the nutrients from the soil and water through absorption rather than by transpiration from the leaves. Indoor trees do not grow in pots but in large containers, which can be placed inside as well as outside homes to create an aesthetic appeal and add beauty to houses during winters.
Outdoor Trees:
Outdoor trees are also known as natural trees. They are grown outside in open fields, parks, meadows or forests. The artificial tree is the exact replica of a real tree and is made up of many different branches with evenly spaced needles at correct intervals along its length. It usually takes 2 to 3 days to manufacture an artificial tree and it can be changed easily as per the requirement depending upon how big or small it is required to be.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. Artificial trees are widely used in hotels, shopping malls, hospitals and restaurants as well as at corporate offices and stores to create a warm and natural ambiance. Increasing tourism in countries like China, India and Australia is expected to drive the demand for artificial Christmas trees over the forecast period. In addition, increasing spending on hospitality businesses including hotels by consumers from developed economies such as U.S., Canada and Germany is likely to positively impact industry growth over the next seven years or so.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing awareness regarding artificial trees among consumers, strong foothold of key players such as Nordstrom Inc., and high disposable income of consumers in this region. Moreover, rising popularity of Christmas celebrations among Protestants has resulted in increased demand for artificial trees in North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing population and rapid urbanization across countries such as China and India, thereby driving up product demand from decorative lighting applications segment especially during festive seasons including New Year’s Eve, Christmas Eve, Easter Sunday/Monday night etc.
China accounted for a major share due to presence of leading manufacturers like Midea Group (Huaqin), LG Electronics Inc.
Growth Factors:
- Increasing demand for artificial trees in the commercial sector for decoration and events
- Rising popularity of eco-friendly and artificial trees among consumers
- Technological advancements in the manufacturing of artificial trees that are realistic and look like natural trees
- Growing demand for customized artificial trees as per specific requirements of customers
- Increasing use of artificial Christmas Trees during festive seasons
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Trees Market Research Report
By Type
Indoor Trees, Outdoor Trees
By Application
Residential/Home, Commercial
By Companies
Tongxin Artificial Flowers, FuLi Silk Flower Factory, Suqian Hollia Arts & Crafts, Ngar Tat, J.S. Flower, Nearly Natural, Dongguan Fusheng Arts, Dongguan Heng Xiang plant simulation Ltd., Qihao, Dongchu Sculpture, Gold Eagle, National Tree Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Trees Market Report Segments:
The global Artificial Trees market is segmented on the basis of:
Types
Indoor Trees, Outdoor Trees
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential/Home, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tongxin Artificial Flowers
- FuLi Silk Flower Factory
- Suqian Hollia Arts & Crafts
- Ngar Tat
- J.S. Flower
- Nearly Natural
- Dongguan Fusheng Arts
- Dongguan Heng Xiang plant simulation Ltd.
- Qihao
- Dongchu Sculpture
- Gold Eagle
- National Tree Company
Highlights of The Artificial Trees Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Indoor Trees
- Outdoor Trees
- By Application:
- Residential/Home
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Trees Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial trees are made from plastic, fiberglass, metal or other materials and typically have a lighted top. They are used as decorations in homes or businesses.
Some of the major companies in the artificial trees market are Tongxin Artificial Flowers, FuLi Silk Flower Factory, Suqian Hollia Arts & Crafts, Ngar Tat, J.S. Flower, Nearly Natural, Dongguan Fusheng Arts, Dongguan Heng Xiang plant simulation Ltd., Qihao, Dongchu Sculpture, Gold Eagle, National Tree Company.
The artificial trees market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Trees Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Trees Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Trees Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Trees Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Trees Market Size & Forecast, 2018-2028
4.5.1 Artificial Trees Market Size and Y-o-Y Growth
4.5.2 Artificial Trees Market Absolute $ Opportunity
Chapter 5 Global Artificial Trees Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artificial Trees Market Size Forecast by Type
5.2.1 Indoor Trees
5.2.2 Outdoor Trees
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artificial Trees Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artificial Trees Market Size Forecast by Applications
6.2.1 Residential/Home
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Trees Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Trees Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artificial Trees Analysis and Forecast
9.1 Introduction
9.2 North America Artificial Trees Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artificial Trees Market Size Forecast by Type
9.6.1 Indoor Trees
9.6.2 Outdoor Trees
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artificial Trees Market Size Forecast by Applications
9.10.1 Residential/Home
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artificial Trees Analysis and Forecast
10.1 Introduction
10.2 Europe Artificial Trees Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artificial Trees Market Size Forecast by Type
10.6.1 Indoor Trees
10.6.2 Outdoor Trees
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artificial Trees Market Size Forecast by Applications
10.10.1 Residential/Home
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artificial Trees Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artificial Trees Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artificial Trees Market Size Forecast by Type
11.6.1 Indoor Trees
11.6.2 Outdoor Trees
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artificial Trees Market Size Forecast by Applications
11.10.1 Residential/Home
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artificial Trees Analysis and Forecast
12.1 Introduction
12.2 Latin America Artificial Trees Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artificial Trees Market Size Forecast by Type
12.6.1 Indoor Trees
12.6.2 Outdoor Trees
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artificial Trees Market Size Forecast by Applications
12.10.1 Residential/Home
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artificial Trees Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artificial Trees Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artificial Trees Market Size Forecast by Type
13.6.1 Indoor Trees
13.6.2 Outdoor Trees
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artificial Trees Market Size Forecast by Applications
13.10.1 Residential/Home
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Trees Market: Competitive Dashboard
14.2 Global Artificial Trees Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tongxin Artificial Flowers
14.3.2 FuLi Silk Flower Factory
14.3.3 Suqian Hollia Arts & Crafts
14.3.4 Ngar Tat
14.3.5 J.S. Flower
14.3.6 Nearly Natural
14.3.7 Dongguan Fusheng Arts
14.3.8 Dongguan Heng Xiang plant simulation Ltd.
14.3.9 Qihao
14.3.10 Dongchu Sculpture
14.3.11 Gold Eagle
14.3.12 National Tree Company
