U.S. Garden Planter (Pots) Market Size Will Reach USD 6.65 Billion By 2032, at 5.6% CAGR Growth: Polaris Market Research

New York, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) — The latest research report [115+] pages with 360-degree visibility, titled “U.S. Garden Planter Market Share, Size, Trends, Industry Analysis Report, By Material (Terracotta, Plastic), By End-use (Residential, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2032″ published by Polaris Market Research in its research repository.

The U.S. garden planter (pots) market size and share is currently valued at USD 4.08 billion in 2023. It is anticipated to generate an estimated revenue of USD 6.65 by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032.

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Market Definition

  • What is the Meaning of a Garden Planter? How Big Is U.S. Garden Planter (Pots) Market Size & Share?

Garden planters are quite prevalent. It comes in all sizes, shapes, and colors. The standard American house has various indoor houseplants, a couple of flower pots, and a hanging flower basket or two on the balcony or patio. Also, garden planters play a key role in enabling this integration, contributing to the overall environmental performance of buildings, which is expanding the U.S. garden planter market demand.

Moreover, garden planters are essential to the promotion of urban gardening and landscaping because of the increased focus on sustainability, environmental consciousness, and the incorporation of green spaces in urban design. ‘Greening America’s Communities,’ a program of the US Environmental Protection Agency, is one example. Through the use of creative green infrastructure, various sustainable design techniques, and realistic community aspirations, this effort helps cities and towns become ecologically friendly places to live.

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Market’s Key Companies

  • THE HC COMPANIES, INC.
  • Bloem
  • Crescent Garden Company
  • Mayne
  • Tusco Products
  • Planters Unlimited
  • Urban Pot
  • NewPro Corp
  • Novelty Manufacturing Co.
  • Palmer Planter Company

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Key Highlights

  • Some of the main reasons propelling the expansion of the garden planter market in the United States are changing customer tastes, increased interest in gardening, and lifestyle trends.
  • The U.S. garden planter market segmentation is primarily based on end use, material, distribution channel, and region.
  • The U.S. holds the largest market share.

Market Developments

Growth Drivers:

  • Increasing Commercial Construction: Growing commercial construction in the United States will probably increase demand for garden planters that complement modern landscape and architectural styles. Garden planters offer useful ways to incorporate greenery into a variety of business environments, including retail stores, restaurants, cafes, and workplaces. The goal of this tactic is to create places that are both aesthetically beautiful and welcoming.
  • Ecofriendly Techniques of Sustainable Garden Planters:  The acceptability of sustainable garden planters is being impacted by the trend towards more ecologically friendly and sustainable living, which could lead to U.S. garden planter market size expansion in the United States. Customers are actively looking for outdoor planters that are made of environmentally friendly materials or that have features that encourage water conservation and effective drainage. The emphasis on environmentally friendly techniques is visible in both residential and business settings, where the presence of greenery improves the perception of the area as a whole.

Industry Trends:

  • Regulations: Rules in the garden planter industry have the power to influence material and product design, guaranteeing sustainability of the environment and compliance with safety requirements. While limiting the use of specific materials, adherence to these laws is encouraging the development of environmentally friendly planters. Tight regulations regarding labeling and market practices promote increasing consumer adoption as well as U.S. garden planter market growth.

Restraints:

  • Substitute Products: Although there aren’t many direct alternatives available on the market, do-it-yourself (DIY) projects like elevated garden beds, hanging pots, and reused containers might work as good substitutes. Furthermore, some customers select different felt planters. The availability of these alternatives gives customers a variety of options from which to choose, depending on their tastes, space constraints, and gardening requirements.

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Segmentation Overview

  • The Plastic Sector Accounts for the Largest Share

The plastic sector holds the largest U.S. garden planter market share. This is explained by the fact that plastic garden planters have a large market share in the United States due in large part to their durability. Unlike some other materials, it has a strong resistance to chipping and cracking, guaranteeing a longer lifespan.

Moreover, it is anticipated that the fiberglass market will expand at a profitable rate. The rising demand for fiberglass garden planters can be attributed to current trends in outdoor décor and landscaping design. Fiberglass has a sleek and streamlined appearance that complements contemporary design trends, making it a popular choice for both residential and commercial projects looking to enhance the visual appeal of their outdoor spaces.

  • The Residential Sector Witnesses Significant Growth

The increasing popularity of aesthetically pleasing garden planters in residential settings can be attributed in large part to the growing trend of customers spending more time in their home gardens. Customers are more likely to improve their patios, yards, and balconies in order to make them more livable and welcoming places.

Furthermore, the most market share was in the commercial category. The primary driving force behind it in the United States is the growing recognition of the benefits that green areas offer to employees’ well-being and the overall work environment.

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U.S. Garden Planter (Pots) Market: Report Scope & Dynamics

Report Attribute Details
Revenue Forecast in 2032 USD 6.65 Billion
Market size value in 2024 USD 4.29 Billion
Expected CAGR Growth 5.6% from 2024 – 2032
Base Year 2023
Forecast Year 2024 – 2032
Top Market Players THE HC COMPANIES, Bloem, Crescent Garden, Mayne, Tusco Products, Urban Pot, NewPro Corp, Novelty Manufacturing Co, etc, among others
Segments Covered
  • By Material
  • By End Use
  • By Distribution Channel
  • By Region
Competitive Landscape
  • U.S. Garden Planter Market Share Analysis (2023)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

Browse Press Release: U.S. Garden Planter Market Size Worth $ 6.65 Billion By 2032 | CAGR: 5.6%

Regional Insights

U.S.: Growing consumer interest in gardening, shifting lifestyle patterns, and shifting consumer tastes are all factors contributing to the growth of the U.S. garden planter market in the United States. Furthermore, the growing trend of outdoor recreation and the need to create both practical and aesthetically pleasing garden areas have increased consumer demand for planters that improve the atmosphere of home gardens as a whole. Customers’ rising preference for goods that improve and add to a more satisfying outdoor experience is consistent with the market’s growth trend.

Browse the Detail Report “U.S. Garden Planter Market Share, Size, Trends, Industry Analysis Report, By Material (Terracotta, Plastic), By End-use (Residential, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2032” with in-depth TOC:  https://www.polarismarketresearch.com/industry-analysis/us-garden-planter-market  

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Key Questions Addressed in the Report:

  • How big is the U.S. garden planter market?

Ans: The market size was valued at USD 4.08 billion in 2023. And is anticipated to grow to USD 6.65 by 2032, exhibiting a CAGR of 5.6% during the forecast period of 2024-2032.

  • What are the growth factors of the market?

Ans: Some of the main reasons propelling the expansion of the garden planter market in the United States are changing customer tastes, increased interest in gardening, and lifestyle trends.

  • Who are the key players in the U.S. garden planter industry?

Ans: Bloem, Mayne, Crescent Garden Company, Planters Unlimited, NewPro Corp, Palmer Planter Company, and THE HC COMPANIES, INC.

Polaris Market Research has segmented the U.S. Garden planter market report based on material, end-use, distribution channel, and region:

By Material Outlook

  • Terracotta
  • Plastic
  • Wood
  • Concrete
  • Metal
  • Ceramic
  • Fiberglass
  • Others

By End Use Outlook

  • Residential
  • Commercial

Distribution Channel Outlook

  • Supermarkets and Hypermarkets
  • Home Improvement Stores
  • Specialty Stores
  • Co-Op/Independent
  • Online/E-commerce

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About Polaris Market Research:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

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