Artificial flowers market is projected to grow from US$ 7.7 billion in 2020 to US$ 9.5 billion by 2029. The artificial flowers can be available in every seasons which is the main driving factor for the growth of target market. Moreover, the artificial flowers are less expensive than that of natural flowers which is the propelling factor for the growth of global artificial flowers market. Additionally, the rise in demand of artificial flower for the interior decoration which is the fueling factor for the growth of target market. However, unavailability of the professional and skilled artist for the production of traditional artificial flowers which is the main restricting factor for the growth of target market.

The report "Global Artificial Flowers Market, By Material Type (Clay, Cotton, Latex, Foam, Nylon, Silk, leather, Paper, Satin, Soap, Plastic, Wax, glass, Polyester, and Porcelain), By Application (Commercial and Residential), and Region - Global Forecast to 2029"

Key Highlights:

• In 2010, Zhejiang Suqian Hollia Arts & Crafts Co. Ltd were founded and declared as the biggest company in the China with 80- 84 exporting percent of artificial flowers.

Key Market Insights from the report:          

The global artificial flowers market accounted for US$ 7.7 billion in 2020 and is projected to register a moderate CAGR of 4.2% over the forecast period. The market report has been segmented on the basis of material type, application and region.

• By material type, the global artificial flowers market is segmented into clay, cotton, latex, foam, nylon, silk, leather, paper, satin, soap, plastic, wax, glass polyester, and porcelain.
• By application, the global artificial flowers market is categorized into commercial and residential.
• By region, North America region is anticipated to be leading region because of increase in demand of artificial flowers among the population. Moreover, Europe region is also expected to become ruling region due to increase in demand among the general people over the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Artificial Flowers Market”, By material Type (Clay, Cotton, Latex, Foam, Nylon, Silk, leather, Paper, Satin, Soap, Plastic, Wax, glass, Polyester, and Porcelain), By Application (Commercial and Residential), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2029

The prominent player operating in the global artificial flowers market includes Dongguan Heng Xiang plant simulation Co.Ltd,  Foshan Sanshui Yichang Artificial Flower Co Ltd, Zhejiang Suqian Hollia Arts & Crafts Co. Ltd, Fusheng industrial Arts Co. Ltd, Gold Eagle Co, Jasaco NV, Ngar Tat Procuction Factory Ltd, Gifting Inc, Guangzhou Qihao Artificial Arts & Crafts Co., Ltd., and Nearly Natural Inc,

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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