Technavio analysts forecast the global garden planters and pots market to grow at a CAGR of over 3% during the forecast period, according to their latest market research report.
The emergence of omnichannel retailing is one of the major trends being witnessed in the global garden planters and pots market 2018-2022. To expand customer base and increase revenue, the vendors are integrating their offline-online presence by implementing the omnichannel strategy in their respective business models. Factors such as rising internet penetration and the rise in adoption of digital products such as tablets, smartphones, and laptops have boosted online sales.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
According to Technavio analysts, one of the key factors contributing to the growth of the global garden planters and pots market is the increasing penetration of smartphone and internet:
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global garden planters and pots market: Growing penetration of organized retail
The emerging retail industry, particularly in developing countries such as Brazil, China, and India, is expected to help the global garden planters and pots market to grow at a significant rate during the forecast period. Growing presence of hypermarkets, supermarkets, and specialty stores provide convenience and comfort to consumers. Large organized stores stock multiple designs and a wide range of planters and pots under one roof, providing consumers with more options.
According to a senior analyst at Technavio, The entry of global players and the availability of a wide assortment of products will contribute to sales through the organized retail sector. The penetration of organized retail will enable consumers to compare prices, quality, and design, which will aid in their purchase decision.
Global garden planters and pots market: Segmentation analysis
The global garden planters and pots market research report provides market segmentation by distribution channel (offline distribution channel and online distribution channel), by material type (clay garden planters and pots, plastic garden planters and pots, and other garden planters and pots), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major material types, the clay garden planters and pots segment held the largest market share in 2017, contributing close to 39% of the market. This material type segment will dominate the global market throughout the forecast period.
EMEA held the largest share of the market in 2017, accounting for over 34% share. It was followed by the Americas and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200