Market Overview:
The global succulent plant market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for succulent plants in households, commercial establishments, and other applications. Succulent plants are also gaining popularity as ornamental plants owing to their attractive appearance and low maintenance requirements. North America is expected to lead the global succulent plant market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A succulent is a plant that has adapted to arid environments by storing water in its leaves, stems, or roots. Succulents are able to thrive in hot, dry climates and are popular for use in home gardens.
Single Head Succulent Plant:
Single head succulent plant, also known as one-head, single or solitary succulent is a type of plant that has a limited number of branches with leaves and flowers. The most common types of such plants are Sansevieria trifasciata, Aloe Vera and Crassulaceae family.
Bulls Succulent Plant:
The succulent plant is also known as the "Bull Succulent Plant" or "Burseraceae". It is a type of plant that has adapted to grow in hot and dry areas. The stems of these plants are hollow and they store water in their stems. The leaves of the succulent plant look like needles and they are arranged in pairs on short stalks. At the base of each leaf there is a rosette where multiple branches can develop from.
Application Insights:
The other application segment includes the use of succulents as an ornamental plant in gardens, parks and public places. The household application segment is expected to be the fastest-growing at a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on home improvement activities such as repotting or re-planting succulent plants in their homes.
The commercial application segment was valued at USD 1,225.0 million in 2017 and is projected to witness significant growth over the forecast period owing to rising demand for various products such as decorative rocks, artificial waterfalls and garden lighting among others from modern office spaces, hotels and restaurants across regions including Asia Pacific, North America and Europe Latin America Middle East & Africa.
Regional Analysis:
The market in Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing product demand from countries such as Japan, India, and China. The growing tourism sector in these countries is also expected to drive the product demand. Moreover, increasing disposable income levels are projected to fuel the regional market growth over the forecast period.
North America held a substantial share of global revenue in 2017 due to high consumer awareness regarding different varieties of plants and their benefits coupled with increased spending on house plants by consumers living alone or with friends. Furthermore, an increase in online shopping has led retailers such as Home Depot and Walmartto start offering succulent plant products at competitive prices thereby boosting sales volume across this region during recent years.
Growth Factors:
- Increasing demand for succulent plants in the domestic and international market as ornamental plants
- Rising trend of using succulent plants in indoor gardening and landscape design
- Proliferation of online nurseries and e-commerce platforms catering to the needs of succulent plant enthusiasts
- Growing popularity of terrariums as a means to showcase succulents in an interesting way
- Introduction of new varieties of succulents that are easier to care for
Scope Of The Report
Report Attributes
Report Details
Report Title
Succulent Plant Market Research Report
By Type
Single Head Succulent Plant, Bulls Succulent Plant, Fascicular Succulent Plant, Old Pile Succulent Plant, Combination Succulent Plant
By Application
Household, Commercial, Other
By Companies
From You Flowers, Altman Plants, ProFlowers, COSTA FARMS, The Bouqs, AdeniumRose Company, Succulents Plants, Hangzhou OwnerParty, Qingdao Flowery Crafts, Qingdao Brilliant East International
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Succulent Plant Market Report Segments:
The global Succulent Plant market is segmented on the basis of:
Types
Single Head Succulent Plant, Bulls Succulent Plant, Fascicular Succulent Plant, Old Pile Succulent Plant, Combination Succulent Plant
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
Household, Commercial, Other
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:
- From You Flowers
- Altman Plants
- ProFlowers
- COSTA FARMS
- The Bouqs
- AdeniumRose Company
- Succulents Plants
- Hangzhou OwnerParty
- Qingdao Flowery Crafts
- Qingdao Brilliant East International
Highlights of The Succulent Plant 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:
- Single Head Succulent Plant
- Bulls Succulent Plant
- Fascicular Succulent Plant
- Old Pile Succulent Plant
- Combination Succulent Plant
- By Application:
- Household
- Commercial
- Other
- 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 Succulent Plant 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A succulent plant is a type of plant that stores water in its leaves, stems, and roots. This allows the plants to survive dry periods and resist pests. Succulents are often used in landscaping because they add beauty and texture to gardens while requiring little care.
Some of the major companies in the succulent plant market are From You Flowers, Altman Plants, ProFlowers, COSTA FARMS, The Bouqs, AdeniumRose Company, Succulents Plants, Hangzhou OwnerParty, Qingdao Flowery Crafts, Qingdao Brilliant East International.
The succulent plant market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Succulent Plant Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Succulent Plant Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Succulent Plant Market - Supply Chain
4.5. Global Succulent Plant Market Forecast
4.5.1. Succulent Plant Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Succulent Plant Market Size (000 Units) and Y-o-Y Growth
4.5.3. Succulent Plant Market Absolute $ Opportunity
5. Global Succulent Plant Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Succulent Plant Market Size and Volume Forecast by Type
5.3.1. Single Head Succulent Plant
5.3.2. Bulls Succulent Plant
5.3.3. Fascicular Succulent Plant
5.3.4. Old Pile Succulent Plant
5.3.5. Combination Succulent Plant
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Succulent Plant Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Succulent Plant Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Succulent Plant Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Succulent Plant Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Succulent Plant Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Succulent Plant Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Succulent Plant Demand Share Forecast, 2019-2026
9. North America Succulent Plant Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Succulent Plant Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Succulent Plant Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Succulent Plant Market Size and Volume Forecast by Type
9.7.1. Single Head Succulent Plant
9.7.2. Bulls Succulent Plant
9.7.3. Fascicular Succulent Plant
9.7.4. Old Pile Succulent Plant
9.7.5. Combination Succulent Plant
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Succulent Plant Demand Share Forecast, 2019-2026
10. Latin America Succulent Plant Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Succulent Plant Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Succulent Plant Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Succulent Plant Market Size and Volume Forecast by Type
10.7.1. Single Head Succulent Plant
10.7.2. Bulls Succulent Plant
10.7.3. Fascicular Succulent Plant
10.7.4. Old Pile Succulent Plant
10.7.5. Combination Succulent Plant
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Succulent Plant Demand Share Forecast, 2019-2026
11. Europe Succulent Plant Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Succulent Plant Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Succulent Plant Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Succulent Plant Market Size and Volume Forecast by Type
11.7.1. Single Head Succulent Plant
11.7.2. Bulls Succulent Plant
11.7.3. Fascicular Succulent Plant
11.7.4. Old Pile Succulent Plant
11.7.5. Combination Succulent Plant
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Succulent Plant Demand Share, 2019-2026
12. Asia Pacific Succulent Plant Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Succulent Plant Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Succulent Plant Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Succulent Plant Market Size and Volume Forecast by Type
12.7.1. Single Head Succulent Plant
12.7.2. Bulls Succulent Plant
12.7.3. Fascicular Succulent Plant
12.7.4. Old Pile Succulent Plant
12.7.5. Combination Succulent Plant
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Succulent Plant Demand Share, 2019-2026
13. Middle East & Africa Succulent Plant Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Succulent Plant Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Succulent Plant Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Succulent Plant Market Size and Volume Forecast by Type
13.7.1. Single Head Succulent Plant
13.7.2. Bulls Succulent Plant
13.7.3. Fascicular Succulent Plant
13.7.4. Old Pile Succulent Plant
13.7.5. Combination Succulent Plant
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Succulent Plant Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Succulent Plant Market: Market Share Analysis
14.2. Succulent Plant Distributors and Customers
14.3. Succulent Plant Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. From You Flowers
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Altman Plants
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ProFlowers
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COSTA FARMS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Bouqs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AdeniumRose Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Succulents Plants
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hangzhou OwnerParty
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Qingdao Flowery Crafts
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Qingdao Brilliant East International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook