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Tuesday 26 March 2024

U.S. Garden Planter Market Size To Reach $6.88 Billion By 2030

 

U.S. Garden Planter Market Growth & Trends

The U.S. garden planter market size is expected to reach USD 6.88 billion by 2030, registering a 6.7% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing consumer interest in gardening plays a crucial role in driving the garden planter market in the U.S. Consumers are recognizing gardening as a recreational and therapeutic benefit, resulting in a surge in demand for gardening tools and accessories including garden planters, that facilitate health, favoring the growth of the market.

Government initiatives toward green building practices are influencing the garden planter market in the U.S. As there is an increased focus on sustainable and eco-friendly construction, incorporating green elements into building designs has become essential. Garden planters play a crucial role by offering a means to integrate greenery and contribute to the overall environmental performance of buildings. Many green building certifications and standards prioritize features such as green roofs, vertical gardens, and landscaping, driving the demand for planters as essential components of these eco-conscious designs.

The growing awareness about the benefits of incorporating planters in office spaces is likely driving the growth of the market. Plants enhance indoor air quality by filtering pollutants and releasing oxygen, creating a fresher and more oxygen-rich atmosphere. This can lead to improved employee well-being and cognitive performance. In addition, planters also serve as natural dividers in open office layouts, providing a sense of privacy and delineating workspaces.

There is a rise in focus on sustainability, durability, and aesthetic flexibility, leading to a rise in the utilization of recycled and upcycled materials in the construction of planters. Planters crafted from recycled plastics, reclaimed wood, or composite materials aligns with the eco-friendly inclinations resulting in growing preference among consumers. In addition, there is an increasing demand for materials that are durable and lightweight, such as resin and fiberglass, providing portability and resilience against varying weather conditions. These trends in the market drive the growth of the market.

The online retail platforms have become increasingly favored by consumers seeking the convenience of browsing and purchasing from the comfort of their homes. E-commerce platforms like Walmart and Amazon offer an extensive selection of garden planters, providing customers with the convenience of user reviews, wide range of options and doorstep delivery, unlike traditional brick-and-mortar stores. However, garden centers and nurseries are still preferred by consumers who value expert advice and a curated selection of planters. These specialized stores guide customers in selecting planters that suit their gardening needs, considering factors such as growth requirements, plant type, and design aesthetics.

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U.S. Garden Planter Market Report

U.S. Garden Planter Market Report Highlights

  • Based on material, the fiberglass segment is expected to grow at the fastest CAGR in the forecast period. Fiberglass planters are lightweight, easy to handle, and resistant to various environmental conditions, resulting in growing preference among consumers
  • Based on end-use, the residential segment is expected to witness the highest growth rate over the forecast period. Increase in number of home & garden improvement projects across the U.S. is driving the demand for garden planters in residential application
  • Based on distribution channel, the online sales channel segment is expected to witness the fastest growth rate over the forecast period. The convenience and ease of online shopping have led to a significant increase in consumers buying garden planters through e-commerce platforms like Amazon, Walmart