According to study, “Artificial Flower Market Size study, by Type (Clay, Cotton, Leather, Nylon, Paper, Porcelain, Silk, Polyester, Plastic, Wax, Others), by Application (Commercial, Residential) and Regional Forecasts 2018-2025” the major companies currently operating in the artificial flower market are Tongxin Artificial Flowers, SuqianHollia Arts & Crafts, FuLi Silk Flower Factory, J.S. Flower, Dongguan Fusheng Arts, Ngar Tat, Dongguan Heng Xiang plant simulation Ltd., Nearly Natural, Dongchu Sculpture, Qihao, Gold Eagle.
Flowers that do not exist naturally are made from combining artificial components from the different materials. These are the replica of the natural flowers are widely used in commercial and residential decoration. The artificial flowers are made of paper, parchment, cotton, latex, sateen (for large, bold-colored flowers & arrangements), rubber, and dried materials, including flowers & plant parts, feathers & fruits and berries etc. The use of artificial flowers is used in various seasons &acts as a good alternative for the people who suffer from the floral allergies. Nowadays, the artificial flowers look as similar to real flowers and make a similar sense as of the living flowers. The use of artificial flowers further have key advantages of lasting to all weather conditions, long lasting, and being colorful, easy to handle, custom designed, less expensive, serve as great gifts, easy cleaning, environment-friendly, cheaper than live flowers, and doesn’t cause allergies, just one-of-a-kind and it looks much similar to natural flowers.
Based on type of flower, the artificial flower market is segmented into cotton flower, paper flower, clay flower, leather flower, nylon flower, porcelain flower, polyester flower, wax flower, silk flower, plastic flower and other flowers. Based on product type, market is segmented into stem product, vine product, arrangement product, wreath product, ball product, arrangement product and petal products etc. Based on the materials, market is alienated into gold & silver, painted linen & shaving of stained horn, rice-paper, plumage of highly colored birds and silkworm cocoons. Based on the methods, market is segmented into nylon netting stretched over to wire frames, ground clay, carved or formed soap, and mass-produced injection plastic moldings. Based on distribution channel, the market is alienated into specialty store, supermarket, online sales, convenience store and others.
The artificial flower market is primarily driven by the unavailability in all seasons followed by the growing demand of interior decoration, lower cost and increase in display of retail stores and the online stores. Apart from the other major benefits market is majorly affected by the restraints that include high price of artificial flowers followed by unavailability of skilled craftsmen for traditional artificial flowers and reluctance from the customers due to lack of awareness. Apart from the challenges the hurdles impacting the new opportunities associated with the artificial flower market includes high cost of exports associated with natural exotic flowers, changing weather conditions impacting flower cultivation and interest towards the gift items.
Majority of silk flowers are formed based on production in China (Guangdong) followed by key producers from Honduras, Thailand, and etc. Moreover, production of Asia-Pacific region has a significant market share (based on output volume), followed by North America and Europe. In terms of the expenditure, North America and Europe regions are foremost in the artificial flower market. The global artificial flowers market is expected to be valued at US$2490 billion by 2025, growing with a CAGR of 5.35%, during the forecast period 2018-2025.
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Ankur Gupta, Head Marketing & Communications