Japan Bonsai market is expected to
grow at a rate of steady CAGR for the forecast period, FY2023-FY2027. In
Japanese, the word bonsai means the plant in the vessel or container. Bonsai
plants improve the aesthetic appeal as well as has psychological and medical
benefits that contribute to increasing the popularity of Bonsai among the
Japanese people. The high preference for Bonsai among the consumers to enhance
the aesthetic appeal in the residential and commercial spaces is expected to
contribute to the market growth. Bonsai plants require low maintenance and can
be fit in any space. These enhance the greenery and add positivity and
re-energize the office or any place where the bonsai plants are grown. People
prefer to grow bonsai plants as they are considered a good option for
stress-relieving and ultimately helps in maintaining lower blood pressure.
These plants are in high demand from the official spaces as they take up less
space at the work desk and provides a soothing environment to increase productivity.
Many Japanese people prefer to grow Bonsai plants as their hobby and invest
huge amounts of resources in providing proper care and attention to the bonsai
plants, which influences the market demand. People grow Bonsai in homes or
offices to keep the surrounding air purified. The presence of indoor plants
reduces dry skin, cough, sore throats as they increase the level of humidity in
a space.
Japan Bonsai market is segmented
into type, style, application, distribution channel, regional distribution, and
company. Based on type, the market is bifurcated into indoor Bonsai and outdoor
Bonsai. The indoor bonsai segment is expected to hold the largest market share
for the forecast period, FY2023-FY2027. The growing trend of growing indoor
plants alleviates the surroundings and purifies the air. They are small in size
and take up very little space, making them suitable to keep at the workspaces.
The major players operating on the
bonsai market are Bonsai Network Japan Co., Ltd., Seitaro
Arai & Co., Ltd., Nomura Holdings, Inc., YOSHOEN, Taishoen Bonsai Nursery,
and others. Major companies are developing advanced technologies and launching
new services to stay competitive in the market. Other competitive strategies
include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023–FY2027
Objective of the
Study:
- To analyze and estimate the market size of Japan
Bonsai market from FY2017 to FY2020.
- To estimate and forecast the market size of Japan
Bonsai market from FY2021 to FY2027 and growth rate until FY2027.
- To classify and forecast Japan Bonsai market based
on type, style, application, distribution channel, regional distribution,
and company.
- To identify dominant region or segment in the Japan
Bonsai market.
- To identify drivers and challenges for Japan
Bonsai market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Japan
Bonsai market.
- To identify and analyze the profile of leading
players operating in Japan Bonsai market.
- To identify key sustainable strategies adopted
by market players in Japan Bonsai 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 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 producers who could
not be identified due to the limitations of secondary research. TechSci
Research analyzed the producers, distribution channels and presence of all
major players across the country.
TechSci Research calculated the market size of Japan Bonsai 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:
- Bonsai producing companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to bonsai market
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, Japan Bonsai market has
been segmented into following categories, in addition to the industry trends which
have also been detailed below:
- Japan Bonsai Market, By Type:
- Indoor Bonsai
- Outdoor Bonsai
- Japan Bonsai Market, By Style:
- Formal Upright
- Informal Upright
- Slant
- Cascade
- Others
- Japan Bonsai Market, By Application:
- Wholesale Bonsai
- Customized Bonsai
- Japan Bonsai Market, By Distribution Channel:
- Store-Based
- Non-Store-Based
- Japan Bonsai Market, By Region:
- Hokkaido & Tohoku
- Kanto
- Chubu
- Kansai
- Chugoku
- Shikoku
- Kyushu
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Japan bonsai 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).
Japan bonsai market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]