Global Succulent Plant Market Growth 2023-2029

Global Succulent Plant Market Growth 2023-2029

Succulent plant, also known as succulents, are plants whose parts thicken, are succulent, and are full of food.The leaves, stems, or roots of these plants become more fleshy than usual due to the development of aquifer tissue.Succulents are higher plants with hypertrophic vegetative organs, usually with three vegetative organs: root, stem and leaf, flower, fruit and seed.Compared to other plants, succulents survive easily, do not require the care of the breeder for a long time, and are radiation proof, decorative and air purifying.Succulents need little maintenance to survive indoors.Because it is the houseplant with very strong adaptability, can flourish below all sorts of indoor conditions.
LPI (LP Information)' newest research report, the “Succulent Plant Industry Forecast” looks at past sales and reviews total world Succulent Plant sales in 2022, providing a comprehensive analysis by region and market sector of projected Succulent Plant sales for 2023 through 2029. With Succulent Plant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Succulent Plant industry.
This Insight Report provides a comprehensive analysis of the global Succulent Plant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Succulent Plant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Succulent Plant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Succulent Plant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Succulent Plant.
The global Succulent Plant market size is projected to grow from US$ 4829.6 million in 2022 to US$ 15910 million in 2029; it is expected to grow at a CAGR of 15910 from 2023 to 2029.
The main global Succulent Plant players include Altman Plants, COSTA FARMS, Zhejiang Wanxiang Flowers, etc. The top three Succulent Plant players account for approximately 21% of the total market. Europe is the largest consumer market for Succulent Plant, accounting for about 46%, followed by North America and Asia-Pacific. In terms of type, Aizoaceae is the largest segment, with a share over 23%. And in terms of application, the largest application is Household, followed by Commercial.
This report presents a comprehensive overview, market shares, and growth opportunities of Succulent Plant market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Aizoaceae
Cactaceae
Crassulaceae
Euphorbiaceae
Apocynaceae
Others
Segmentation by application
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Altman Plants
COSTA FARMS
Zhejiang Wanxiang Flowers
From You Flowers
Dummen Orange
AdeniumRose Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Succulent Plant market?
What factors are driving Succulent Plant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Succulent Plant market opportunities vary by end market size?
How does Succulent Plant break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.