India Indoor Plants Market to Grow with a CAGR of 8.45% through 2029
Rapid
urbanization, increasing income levels and changing lifestyle to drive India
indoor plant market through 2024.
According to
TechSci Research report, “India
Indoor Plants Market By Type, By Application, Competition, Forecast &
Opportunities, 2024” the India indoor plants market is expected to
grow at a robust CAGR during the forecast period owing to the increase in
levels of indoor air pollution. Moreover, easy availability, low maintenance
and cost effectiveness are further driving demand for indoor plants. However, the use of equipment like air
purifiers, is likely to hamper the growth of the market during forecast period.
Browse
market data Tables and Figures spread through Pages and an in-depth TOC
on " India Indoor Plants Market"
The India indoor
plants market is segmented based on type, application, region and company.
Based on type, the market can be categorized into shade loving plants, low light plants
and high light plants. The low light plants segment is expected to dominate the
market owing to their low maintenance and ability to grow in low and indirect
light. Based on application, the market can be bifurcated into absorb harmful
gases & release oxygen and landscape decoration, of which the former
dominates the market on account of increasing levels of indoor air pollution.
Nurturing
Green, Ferns & Petals, Heritage India, Shanti Nursery, Mera Maali,
MyBageecha, Nursery Live, Trust Basket, Greendecor, Mashrita Nature Cloud
and others are some of the leading players operating in India
indoor plants market. Companies operating in the market are using organic
strategies such as product launches, mergers and collaborations to boost their
share.
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“India indoor
plants market is anticipated to witness significant growth during forecast
period. The growth of the market can be attributed to increasing indoor
pollution levels and growing environmental concerns, which are pushing the
demand for indoor plants.
Moreover, factors like rapid urbanization, rising income level coupled with
changing lifestyle pattern would further steer growth in the market.”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“India Indoor Plants Market By Type, By
Application, Competition, Forecast & Opportunities, 2024” has
evaluated the future growth potential of India indoor plants market 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 India indoor plants market.
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