As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients purchasing
this report between April and June 2020 will be getting a ‘free’ updated market
data excel sheet between July and September 2020 accounting for the impact of
COVID-19 on the market in the current year 2020 and forecast.
India indoor plants market is expected
to grow at a formidable rate during the forecast period. Indoor plants or
houseplants are the ones that are grown indoors in places such as offices,
residences, among others. Earlier, these plants were only used for decorative
purposes but now they are used to improve the indoor air quality also. These
plants remediate the indoor air by absorbing volatile organic compounds &
other pollutants and releasing oxygen.
Increasing air pollution, especially
in the metro cities is one of the major factors driving the indoor plants
market in India. Additionally, ease of purchase, low maintenance and cost
effectiveness are further fueling growth in the market. Moreover, increasing
awareness among the population would further steer growth in the market.
The India indoor plants market is
segmented based on type, application, region and company. Based on type, the
market can be segmented into shade loving plants, low light plants and high
light plants. The low light plants segment is expected to dominate the market
during the forecast period. This can be accredited to the factor that they can
be grown in low light and indirect light and require negligible maintenance. Based
on application, the market can be bifurcated into absorb harmful gases &
release oxygen and landscape decoration. The absorb harmful gases & release
oxygen application dominates the market owing to the increase in the level of
indoor air pollution.
The major players operating in the
indoor plants market are Nurturing Green, Ferns & Petals, Heritage India, Shanti
Nursery, Mera Maali, MyBageecha, Nursery Live, Trust Basket, Greendecor, Mashrita
Nature Cloud and others. Major companies are developing advanced technologies
and launching new products in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new product
developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and forecast the market size of India
indoor plants market.
- To classify and forecast India indoor plants market
based on type, application, company and regional distribution.
- To identify drivers and challenges for India indoor plants market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
indoor plants market.
- To conduct pricing analysis for India indoor plants market.
- To identify and analyze the profile of leading
players operating in India indoor plants market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of producers, suppliers across the country. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research could include the
manufacturers which could not be identified due to the limitations of secondary
research. TechSci Research analyzed the nurseries, suppliers, distributors and
presence of all major players across the country.
TechSci Research calculated the market size of India indoor plants market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Indoor plant producers and suppliers
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to indoor plants
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as producers, suppliers and partners, end users, etc., besides allowing
them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India indoor
plants market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- India
Indoor Plants Market, By Type:
- Shade
loving plants
- Low
light plants
- High
light plants
- India
Indoor Plants Market, By Application:
- Absorb
harmful gases & release oxygen
- Landscape decoration
- India
Indoor Plants Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India indoor plants market.
Available
Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com