Global Garden Planters and Pots Market 2018-2022
About Garden Planters and Pots
Garden planters and pots are containers used by gardeners to grow flowers, plants, and vegetables indoors or outdoors. They are available in different shapes, materials, colors, and sizes and unique designs.
Technavio’s analysts forecast the Global Garden Planters and Pots Market to grow at a CAGR of 3.21% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the garden planters and pots market. To calculate the market size, the report considers the revenue generated from the sale of garden planters and pots across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Garden Planters and Pots Market 2018-2022
Technavio recognizes the following companies as the key players in the global garden planters and pots market: Home Depot Product Authority, Inter IKEA System, Kingfisher, Lowe's, and Wayfair.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the emergence of omnichannel retailing. The adoption of omni-channel strategy is an emerging trend in the home and garden products category and the vendors are integrating their offline-online presence on to their respective business models.”
According to the report, one driver influencing this market is the increased penetration of organized retail across the globe. The emerging retail industry, especially in developing countries such as Brazil, India, and China is forecasted to contribute immensely to the growth of the global planters and pots market over the next five years. With the growing presence of hypermarkets, supermarkets, and specialty stores provides convenience and comfort to the consumers.
Further, the report states that one challenge affecting this market is the intense competition among major vendors. Competition among the key vendors operating in this market space is increasing, particularly in terms of product portfolio, premiumization, differentiation, and pricing which may affect the growth of the market.
Home Depot Product Authority
Inter IKEA System
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