Succulent Plant Market 2024 : Trends and Future Growth Analysis | 2031 (2024)

Introduction:

"Succulent Plant Market" Insights Report 2024 | Spread Across 88 Pages Report which provides an in-depth analysis Based on Regions, Applications (Household, Commercial), and Types (Aizoaceae, Cactaceae, Crassulaceae, Euphorbiaceae, Apocynaceae, Others). The report presents the research and analysis provided within the Succulent Plant Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. The Succulent Plant market is expected to grow annually by magnificent (CAGR 2024 - 2031).

Who is the largest manufacturers of Succulent Plant Market worldwide?

  • Altman Plants
  • COSTA FARMS
  • Zhejiang Wanxiang Flowers
  • From You Flowers
  • Dummen Orange
  • AdeniumRose Company

Short Description About Succulent Plant Market:

The Global Succulent Plant market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Succulent plant, also known as succulents, are plants whose parts thicken, are succulent, and are full of food.The leaves, stems, or roots of these plants become more fleshy than usual due to the development of aquifer tissue.Succulents are higher plants with hypertrophic vegetative organs, usually with three vegetative organs: root, stem and leaf, flower, fruit and seed.Compared to other plants, succulents survive easily, do not require the care of the breeder for a long time, and are radiation proof, decorative and air purifying.Succulents need little maintenance to survive indoors.Because it is the houseplant with very strong adaptability, can flourish below all sorts of indoor conditions.

Market Analysis and Insights: Global Succulent Plant Market

Due to the COVID-19 pandemic, the global Succulent Plant market size is estimated to be worth USD 5895.8 million in 2023 and is forecast to a readjusted size of USD 15840 million by 2031 with a CAGR of 17.9Percent during the review period. Fully considering the economic change by this health crisis, Aizoaceae accounting for Percent of the Succulent Plant global market in 2021, is projected to value USD million by 2031, growing at a revised Percent CAGR in the post-COVID-19 period. While Household segment is altered to an Percent CAGR throughout this forecast period.

The main global Succulent Plant players include Altman Plants, COSTA FARMS, Zhejiang Wanxiang Flowers, etc. The top three Succulent Plant players account for approximately 21Percent of the total market. Europe is the largest consumer market for Succulent Plant, accounting for about 46Percent, followed by North America and Asia-Pacific. In terms of type, Aizoaceae is the largest segment, with a share over 23Percent. And in terms of application, the largest application is Household, followed by Commercial.

In terms of production side, this report researches the Succulent Plant capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2031.

In terms of sales side, this report focuses on the sales of Succulent Plant by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2031.

Global Succulent Plant Scope and Segment

Succulent Plant market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Succulent Plant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2031.

What are the factors driving the growth of the Succulent Plant Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Succulent Plant

  • Household
  • Commercial

What are the types of Succulent Plant available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Succulent Plant market share In 2024.

  • Aizoaceae
  • Cactaceae
  • Crassulaceae
  • Euphorbiaceae
  • Apocynaceae
  • Others

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Which regions are leading the Succulent Plant Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Succulent Plant Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Succulent Plant market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Succulent Plant? What are the upcoming industry applications and trends for Succulent Plant market?
  • What Are Projections of Global Succulent Plant Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Succulent Plant? What are the raw materials used for Succulent Plant manufacturing?
  • How big is the opportunity for the Succulent Plant market? How will the increasing adoption of Succulent Plant for mining impact the growth rate of the overall market?
  • How much is the global Succulent Plant market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Succulent Plant market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Succulent Plant Industry?

Succulent Plant Market - Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Succulent Plant market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Succulent Plant industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we're constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Succulent Plant Industry.

Detailed TOC of Global Succulent Plant Market Research Report, 2024-2031

1 Market Overview 1.1 Product Overview and Scope of Succulent Plant 1.2 Classification of Succulent Plant by Type 1.2.1 Overview: Global Succulent Plant Market Size by Type: 2017 Versus 2021 Versus 2031 1.2.2 Global Succulent Plant Revenue Market Share by Type in 2021 1.3 Global Succulent Plant Market by Application 1.3.1 Overview: Global Succulent Plant Market Size by Application: 2017 Versus 2021 Versus 2031 1.4 Global Succulent Plant Market Size and Forecast 1.5 Global Succulent Plant Market Size and Forecast by Region 1.6 Market Drivers, Restraints and Trends 1.6.1 Succulent Plant Market Drivers 1.6.2 Succulent Plant Market Restraints 1.6.3 Succulent Plant Trends Analysis

2 Company Profiles 2.1 Company 2.1.1 Company Details 2.1.2 Company Major Business 2.1.3 Company Succulent Plant Product and Solutions 2.1.4 Company Succulent Plant Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2024) 2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players 3.1 Global Succulent Plant Revenue and Share by Players (2019,2020,2021, and 2024) 3.2 Market Concentration Rate 3.2.1 Top3 Succulent Plant Players Market Share in 2021 3.2.2 Top 10 Succulent Plant Players Market Share in 2021 3.2.3 Market Competition Trend 3.3 Succulent Plant Players Head Office, Products and Services Provided 3.4 Succulent Plant Mergers and Acquisitions 3.5 Succulent Plant New Entrants and Expansion Plans

4 Market Size Segment by Type 4.1 Global Succulent Plant Revenue and Market Share by Type (2017-2024) 4.2 Global Succulent Plant Market Forecast by Type (2024-2031)

5 Market Size Segment by Application 5.1 Global Succulent Plant Revenue Market Share by Application (2017-2024) 5.2 Global Succulent Plant Market Forecast by Application (2024-2031)

6 Regions by Country, by Type, and by Application 6.1 Succulent Plant Revenue by Type (2017-2031) 6.2 Succulent Plant Revenue by Application (2017-2031) 6.3 Succulent Plant Market Size by Country 6.3.1 Succulent Plant Revenue by Country (2017-2031) 6.3.2 United States Succulent Plant Market Size and Forecast (2017-2031) 6.3.3 Canada Succulent Plant Market Size and Forecast (2017-2031) 6.3.4 Mexico Succulent Plant Market Size and Forecast (2017-2031)

7 Research Findings and Conclusion

8 Appendix 8.1 Methodology 8.2 Research Process and Data Source 8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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Succulent Plant Market 2024 : Trends and Future Growth Analysis | 2031 (2024)

FAQs

Succulent Plant Market 2024 : Trends and Future Growth Analysis | 2031? ›

Due to the COVID-19 pandemic, the global Succulent Plant market size is estimated to be worth USD 5895.8 million in 2023 and is forecast to a readjusted size of USD 15840 million by 2031 with a CAGR of 17.9Percent during the review period.

Are succulents still popular in 2024? ›

A few additional trending plants for 2024:

Cast Iron plants. Succulent arrangements.

Is succulent business profitable? ›

Succulents are probably the easiest and perhaps most profitable plants we grow. They are extremely popular for weddings right now, and the trend shows no signs of slowing, so I keep propagating.

How big is the succulent market? ›

Market Analysis and Insights: Global Succulent Plant Market The global Succulent Plant market was valued at USD 3986 million in 2020 and it is expected to reach USD 13230 million by the end of 2027, growing at a CAGR of 17.9% during 2021-2027.

Is there a demand for succulents? ›

The anticipated growth in the global succulent plants market is projected at a robust CAGR of approximately 17% throughout the forecast period spanning from 2023 to 2030. The surge in succulent demand is driven by their captivating aesthetic appeal and their alignment with prevailing interior design trends.

Why are succulents so popular right now? ›

Succulents come in all shapes and sizes. There are hundreds of varieties to choose from. A huge reason why succulents are so popular right now is that they are pleasing to look at, offer a wide variety, and add a pop of color to every room. If you want to brighten up any space, try adding a succulent.

What is the houseplant market in 2024? ›

In 2024, expect to see an influx of uncommon species making their way into homes around the world. From variegated Monstera Deliciosa to Pink Princess Philodendrons with striking foliage patterns or the Raven ZZ Plant, these plants are sure to be conversation starters.

Where is the best place to sell succulents? ›

If you're looking to start your own shop, and want it to be as simple as possible, I'd highly recommend selling succulents in your own Etsy shop. Etsy takes care of all the hard stuff for you: taking payments, sales tax, well designed sales pages, and even an audience!

Which plant makes the most money? ›

Here are eight specialty crops worth growing:
  • Bamboo. Landscapers and homeowners pay as much as $150 each for potted bamboo plants, and many growers find it hard to keep up with the demand. ...
  • Flowers. ...
  • Ginseng. ...
  • Ground Covers. ...
  • Herbs. ...
  • Landscaping Trees and Shrubs. ...
  • Mushrooms. ...
  • Ornamental Grasses.

What is the hardest succulent to grow? ›

Compton Carousels and Silver Prince are drop-dead gorgeous succulents, but they are some of the most difficult plants to care for. Add a price tag of $20 - $60 for a 2-inch or 4-inch per succulent AND a novice succulent grower - that's a recipe for disaster.

Which country has the most succulents? ›

Most of indigenous succulent plants are endemic to the Succulent Karoo, Karoo, Thicket and Bushveld biomes. There is greatest diversity of succulent plants with over 4700 species in South Africa. Nearly half of the world's succulent species are endemic to Southern Africa.

Are succulents trending? ›

The Global Succulent Plant market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

What is the most sought after succulent? ›

Aloe Polyphylla or Spiral Aloe is an interested and rare succulent. It is perfectly spiral and its leaves stay compactly clockwise or counter-clockwise.

What time of the year do succulents grow the most? ›

Most succulent species tend to thrive in the temperate weather of the spring and fall. Most succulents can also be put into two categories - summer growers and winter growers. Summer growers are succulents that grow in the hot months of summer from May to August and become dormant in the winter.

Are succulents still in style? ›

Succulents are not going out of style — if you're selling to independent garden centers, they're still stocking and craving these little pieces of art.

Is the plant craze over? ›

Garden centers' houseplant sales are still strong and trending upward, but growth is looking more conservative in the coming year than it did in 2020 when the recent houseplant craze first took off.

What is the plant of 2024? ›

'Pink Profusion' bears bright pink flowers held on plum colored calyxes. It wins Perennial of the Year for the plants of the year 2024. Perennial for zones 3-8, full sun, grows 14-16” tall x 16-20” wide, best in landscapes, deer and rabbit resistant, pollinator friendly.

Are succulents out of season? ›

Most succulent species tend to thrive in the temperate weather of the spring and fall. Most succulents can also be put into two categories - summer growers and winter growers. Summer growers are succulents that grow in the hot months of summer from May to August and become dormant in the winter.

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