Online Nursery Market To Grow With an Impressive CAGR During the Forecast Period
Increasing online shopping is driving the growth in Global Online
Nursery Market in the forecast period, 2022-2026.
According
to TechSci Research report, “Online Nursery Market - Global Industry Size,
Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type
(Flowering Plants, Shrubs, Vegetable Seeds, Indoor Plants, Air Purifying
Plants, Others), By End User (B2B v/s B2C), By Region”,
the global online nursery market would potentially project an impressive growth
in the forecast period, 2022-2026, with an impressive CAGR on the account of evolving
habits of online shopping. The consumers are highly inclined toward at your
doorstep kind of shopping. The convenience of staying at home and ordering
plants and flowering plant seeds at the doorstep with the added advantages of
exciting discounts and schemes is further influencing the consumers to opt for
online nursery and thus driving the growth of the global online nursery market
in the upcoming five years. Moreover, demand for green environment and green
buildings for the corporate sector is also aiding the growth of the global
online nursery market in the next five years. Additionally, increasing indoor
farming practices are substantiating the growth of the global online nursery
market in the future five years. The criteria like comfort, well-being, and
productivity of occupants have become a necessity for the corporate complexes.
Keeping the physical health and mental health of their employees in mind,
multiple companies introduce indoor farming practices, and indoor plants in the
office premises. Demand for such plantations are often business to business
type of exchange where the companies release a authorized tender to one of the
online nurseries to work into efficiently creating an atmosphere suitable for
the green building and their employees. Furthermore, corporate social
responsibility among the international private businesses for the
self-regulation and aiming to contribute to societal goals of a philanthropic,
activist, or charitable nature is also supporting the futuristic growth of the
global online nursery market in the forecast years.
Increasing
awareness about the availability of the plants and seeds on the online platform
along with the increasing government initiatives is expected to further drive
the growth of the global online nursery market in the forecast period, until
2026. Stringent rules and regulations are driving the consumers to bring in
plants from online sources too. The online retailers are strictly following the
rules and regulations to maintain, nurture and support the plant growth such
that the product available satisfies the demand from the consumer thus aiding
the growth of the global online nursery market in the next five years.
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Market"
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The
global online nursery market is segmented on the basis of type, end user,
competitional landscape, and regional distribution. Based on type, the market
is further fragmented into flowering plants, shrubs, vegetable seeds, indoor
plants, air purifying plants, and others. Indoor plants are anticipated to
generate the largest revenue shares of the market and dominate the market segment
in the upcoming five years on the account of increasing demands from the
consumers. Rapidly increasing popularity and thus the demand for the indoor
farming is further aiding the growth of the sub-segment as well as the growth
of the global online nursery market in the next five years. Air purifying
plants are also expected to register significant growth in the next five years
on the grounds of the population becoming more concerned regarding the air
quality inside the house. The sudden pandemic situation gave a serious scare to
the population and people were adamant toward bringing air quality to a purer
level.
Garden
Goods Direct, Chief River Nursery, Gardens Alive! Inc., Monrovia Nursery
Company, Pike Nurseries, The Davey Tree Expert Company, Desert Horizon Nursery
& Landscape Design, Moon Valley Nurseries, Mehrabyan Nursery, Bay Laurel
Nursery, are among the major market players in the global platform that lead
the market growth of the global online nursery market.
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“Asia Pacific region is expected to
register the largest revenue shares of the market due to increasing green
building concept and advancing agriculture sector in the countries like India,
China, Japan, etc. The demand for online nursery is expected to increase also
due to rapid development of residential complexes, corporate offices,
government buildings, etc. for the increasing population in the countries like India,
and China. North America is also expected to register substantial growth in the
future five years on the grounds of rising adoption of technologies and
extensive researches that depict the quality of air and land to have depleted.
Demand for the indoor farming is rapidly increasing in the countries like the
United States, Canada, etc. Growing population, climatic changes, and
increasing pollution scales are heavily demanding for the increase in greener
methods of life sustenance. New market players may focus on studying the
consumer demands and extended research along with the smart product launches
thus aiding their brand establishment,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based Global management consulting
firm.
“Global Online nursery Market
- Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type
(Flowering Plants, Shrubs, Vegetable Seeds, Indoor Plants, Air Purifying
Plants, Others), By End User (B2B v/s B2C), By Region” has evaluated the future
growth potential of global online nursery and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global online nursery market.
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