Indoor Plants Market

Indoor Plants Market

Segments - by Types (Shade-loving plants, Low-light plants, and High-light Plants), Products (Succulent Plants, Herbaceous Plants, Woody Plants, and Hydroponic Plants), Applications (Air Purification and Home Decoration), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: CG-4552
  • Author: Growth Market Reports
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  • No. Of Pages: 220
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The global indoor plants market size was USD 1,971.0 Mn in 2021 and is likely to reach USD 3,025.0 Mn by 2030, expanding at a CAGR of 4.8% during 2022–2030. The market growth is attributed to the rising demand for indoor plants in offices and residences.

Global Indoor Plants Market Outlook

Indoor plants are grown indoors in residences and offices or any other indoor premises. Common indoor plants are usually tropical or semi-tropical epiphytes, succulents, or cacti. Indoor plants need optimal moisture, light levels, soil mixture, temperature, and humidity to grow well. These plants purify the air, filter out indoor pollutants, and increase the humidity level indoors.

Spider plants, snake plants, rubber plants, peace lilies, English ivy, and ferns are included in indoor plants for purifying the air and boosting oxygen levels. Tulsi plant also called holy basil is native to the Indian subcontinent and grows throughout Southeast Asia. Tulsi absorbs toxic pollutants from the air including carbon monoxide, carbon dioxide, and sulfur dioxide. Tulsi provides oxygen for 20 hours a day. 

Snake plant removes formaldehyde, nitrogen oxides, and xylene from the air. Poor-indoor quality is linked to many health-related issues including asthma and allergies. Thus, indoor plants are widely used to eliminate air pollutants, boost moods, increase creativity, and reduce stress. Plants clean the air through the photosynthesis process in which plants take in carbon dioxide and release oxygen.

COVID-19 Impact

The research report finds that the COVID-19 pandemic hampered the tourism, hospitality, and leisure industry. Government put substantial efforts to safeguard public health by employing certain regulations. The pandemic caused lockdowns, work from home, and the government employed several restrictions. Thus, people were engaged in various activities such as gardening, cleaning, and performing domestic chores. Moreover, gardening helps people make feel more peaceful and content. Different types of herbs, vegetables, and flower plants are grown in pots. The demand and online shopping for various indoor plants were rising during the pandemic.

Market Dynamics

The market research report presents a complete overview by providing a detailed analysis of the current market trends, existing drivers, growth opportunities, and emerging challenges. The global indoor plants market report offers up-to-date information about factors that can shape the market outcome or overall performance during the forecast period, 2022 to 2030.

Global Indoor Plants Market Dynamics

What are the Major Trends in the Global Indoor Plants Market?

Growing Trend of Indoor Farming and Terrace Farming

Indoor farming is done in a controlled environment using techniques including hydroponics, aquaponics, and aeroponics. Indoor farming and terrace farming is widely used to earn good returns. Terrace farming does not require large equipment as it is done on a flat terrace or at residential premises. Indoor and terrace farming is popular among people as it obtains more yield and safeguards plants from crop diseases and bad weather.

Which Factors Drive the Demand for Indoor Plants?

Rising Popularity of Indoor Plants as Interior Decoration

Indoor plants leaves and flowers are in different colors such as pink, white, and violet, and make them more popular for home decoration. The rising popularity of the indoor plant as a decorative element is anticipated to drive market growth during the forecast period. Moreover, indoor gardening is associated with several health benefits. People who are suffering from mental illnesses are advised to begin indoor gardening as horticultural therapy to improve feelings and release stress.

Which Factors Limit the Growth of the Indoor Plants?

Lack of Attention and Awareness Towards the Health of Indoor Plants

Watering plants too much affects the leaves and roots, as leaves turn yellow and rhizomes turn brown or black. Healthy plants have shiny dark leaves and their flowers are bright and their roots are pale. Moreover, sometimes people forget to water plants and this sends plants into shock. Plants start wilting as they cannot absorb enough water. Furthermore, fungi and molds grow in a shaddy place, where they do not get direct sunlight. Thus, a lack of attention and awareness towards the health of indoor plants is projected to hamper the market. 

What are the Growth Opportunities in the Indoor Plants Market?

Increasing Demand for Flowers and Ornamental Plants

The demand for flowers and ornamental plants is expected to create lucrative opportunities for market players. Flowers and ornamental plants decrease stress levels thus, they are used to decorate the home. Flower and plant breeding decrease the production cost, increase the yield, and needs low maintenance. Plant breeding is widely used by several plants and flower production centers.

Plant breeding is employed to produce plants that are useful to humans. Research programs are conducted on plant breeding to increase economic productivity yield. The breeding project starts with the flowers as it has various beneficial components for the consumer. These components are enhanced and improved through research and traditional techniques. Flower breeding is done by selecting two flowers of the same species with different traits.

Scope of the Report

The global indoor plants market research report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Indoor Plants Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Types (Shade-loving plants, Low-light plants, and High-light Plants), Products (Succulent Plants, Herbaceous Plants, Woody Plants, and Hydroponic Plants), and Applications (Air Purification and Home Decoration)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Ambius; Totally Plants; Floricoltura Zardi; Marconi Antonio & Figlio; Valley Interior Planting; Premier Planters; Shanti Nursery; Heritage; Shrubland Park Nurseries; and Suttons

Indoor Plants Market Segment Insights

What are the key factors driving the low-light plants segment?

Rising Popularity of Low-Light and Low-Maintenance Indoor Plants

On the basis of types, the global indoor plants market is segmented into shade-loving plants, low-light plants, and high-light plants. The low-light plants segment is projected to expand at a considerable CAGR during the forecast period, as these plants are grown in minimum light, and require negligible maintenance. Low-light indoor plants include parlor palm, bromeliad guzmania, IVY, ponytail palm, and watermelon peperomia.

The shade-loving plants segment is anticipated to account for a major market share during the forecast period. Shade-loving plants are called sciophytes and grow in shaded habitats. Paperplant, shell ginger, lady fern, foxtail fern, blue lilyturf, and boston fern are all included in shady-plants.

What are the key factors driving the succulent plants segment?

Growing Importance of Succulent Plants to Purify Indoor Air Quality

Based on products, the market is divided into succulent plants, herbaceous plants, woody plants, and hydroponic plants. The succulent plant segment is expected to hold a significant share of the market in the coming years. Succulant plants are used in home decoration and to improve indoor air quality. These plants absorb volatile organic compounds & other pollutants by releasing oxygen. 

The herbaceous plants segment accounts for a significant market share. Herbaceous plants have no persistent woody stem above ground. Many vegetables, flowers, and houseplants are herbaceous. Herbaceous plants are easy to grow and require infrequent watering. 

Global Indoor Plants Market Products

What are the key factors driving the air purification segment?

Increasing Need for Indoor Air Purification

On the basis of applications, the global indoor plants market is segregated into air purification and home decoration. The air purification segment is anticipated to expand at a substantial CAGR during the forecast period, owing to rising level of indoor air pollution. Indoor plants are widely used to purify the air and filter out indoor pollutants. Florist’s chrysanthemums or mums are widely used to purify indoor air as it is shown to eliminate common toxins and ammonia.

The home decoration segment is expected to hold a significant share of the market. Many plants are used to decor indoors, as they boost moods, reduce stress, and fatigue. Empty corners are filled with indoor plants and one can decorate a railing.  

Why is the demand for indoor plants high in Asia Pacific?

Rising Disposable Income and Awareness of the Benefits

In terms of regions, the global indoor plants market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the forecast period, owing to rising disposable income and rising awareness about the benefits of indoor plants in the region. Furthermore, continuous stress among the young population, due to various reasons in the region drives the market growth. Additionally, a variety of indoor plants is expected to propel the market expansion, in the coming years.

The market in Europe is anticipated to expand at a rapid pace during the forecast period, as it is the prominent producer and exporter of indoor plants. Moreover, US is anticipated to experience high demand in North America region, due to the increasing consumer awareness.

Global Indoor Plants Market Regions

Segments

The global indoor plants market has been segmented on the basis of

Types

  • Shade-loving plants
  • Low-light plants
  • High-light Plants

Products

  • Succulent Plants
  • Herbaceous Plants
  • Woody Plants
  • Hydroponic Plants

Applications

  • Air Purification
  • Home Decoration

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Ambius
  • Totally Plants
  • Floricoltura Zardi
  • Marconi Antonio & Figlio
  • Valley Interior Planting
  • Premier Planters
  • Shanti Nursery
  • Heritage
  • Shrubland Park Nurseries
  • Suttons

Competitive Landscape

Key players competing in the global indoor plants market are Ambius; Totally Plants; Floricoltura Zardi; Marconi Antonio & Figlio; Valley Interior Planting; Premier Planters; Shanti Nursery; Heritage; Shrubland Park Nurseries; and Suttons.

Some of the major companies in the market have adopted various organic growth strategies including product launches, mergers, partnerships, and collaborations to increase their market share and witness significant growth. Key players are actively engaged in R&D programs and aim at the expansion of manufacturing units to expand their consumer base and increase their product portfolio.

Global Indoor Plants Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indoor Plants 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. Indoor Plants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Indoor Plants Market - Supply Chain
  4.5. Global Indoor Plants Market Forecast
     4.5.1. Indoor Plants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Indoor Plants Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Indoor Plants Market Absolute $ Opportunity
5. Global Indoor Plants Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Indoor Plants Market Size and Volume Forecast by Types
     5.3.1. Shade-loving plants
     5.3.2. Low-light plants
     5.3.3. High-light plants
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Indoor Plants Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Indoor Plants Market Size and Volume Forecast by Applications
     6.3.1. Air Purification
     6.3.2. Home Decoration
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Indoor Plants Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Indoor Plants Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Indoor Plants Demand Share Forecast, 2019-2026
8. North America Indoor Plants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Indoor Plants Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Indoor Plants Market Size and Volume Forecast by Types
     8.4.1. Shade-loving plants
     8.4.2. Low-light plants
     8.4.3. High-light plants
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Indoor Plants Market Size and Volume Forecast by Applications
     8.7.1. Air Purification
     8.7.2. Home Decoration
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Indoor Plants Demand Share Forecast, 2019-2026
9. Latin America Indoor Plants 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
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Indoor Plants Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Indoor Plants Market Size and Volume Forecast by Types
     9.4.1. Shade-loving plants
     9.4.2. Low-light plants
     9.4.3. High-light plants
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Indoor Plants Market Size and Volume Forecast by Applications
     9.7.1. Air Purification
     9.7.2. Home Decoration
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Indoor Plants Demand Share Forecast, 2019-2026
10. Europe Indoor Plants 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. Europe Average Pricing Analysis
  10.2. Europe Indoor Plants Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Indoor Plants Market Size and Volume Forecast by Types
     10.4.1. Shade-loving plants
     10.4.2. Low-light plants
     10.4.3. High-light plants
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Indoor Plants Market Size and Volume Forecast by Applications
     10.7.1. Air Purification
     10.7.2. Home Decoration
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Indoor Plants Demand Share Forecast, 2019-2026
11. Asia Pacific Indoor Plants 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. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Indoor Plants Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Indoor Plants Market Size and Volume Forecast by Types
     11.4.1. Shade-loving plants
     11.4.2. Low-light plants
     11.4.3. High-light plants
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Indoor Plants Market Size and Volume Forecast by Applications
     11.7.1. Air Purification
     11.7.2. Home Decoration
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Indoor Plants Demand Share Forecast, 2019-2026
12. Middle East & Africa Indoor Plants 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. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Indoor Plants Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Indoor Plants Market Size and Volume Forecast by Types
     12.4.1. Shade-loving plants
     12.4.2. Low-light plants
     12.4.3. High-light plants
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Indoor Plants Market Size and Volume Forecast by Applications
     12.7.1. Air Purification
     12.7.2. Home Decoration
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Indoor Plants Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Indoor Plants Market: Market Share Analysis
  13.2. Indoor Plants Distributors and Customers
  13.3. Indoor Plants Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Ambius
     13.4.2. Totally Plants
     13.4.3. Floricoltura Zardi
     13.4.4. Marconi Antonio & Figlio
     13.4.5. Valley Interior Planting
     13.4.6. Premier Planters
     13.4.7. Shanti Nursery
     13.4.8. Heritage
     13.4.9. Shrubland Park Nurseries
     13.4.10. Suttons

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FAQ Section

Some frequently asked quetions about this report!

Key players competing in the global indoor plants market are Ambius; Totally Plants; Floricoltura Zardi; Marconi Antonio & Figlio; Valley Interior Planting; Premier Planters; Shanti Nursery; Heritage; Shrubland Park Nurseries; and Suttons.

Asia Pacific is expected to dominate the market during the forecast period.

The global indoor plants market size expanding at a CAGR of 4.8% during 2022–2030.

The rising popularity of the indoor plant as a decorative element is anticipated to drive market growth during the forecast period.

The global indoor plants market size was USD 1,971.0 Mn in 2021.