Increasing online shopping is driving the growth in Global Online Nursery Market in the forecast period, 2022-2026.
According to TechSci Research report, “Online Nursery Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Flowering Plants, Shrubs, Vegetable Seeds, Indoor Plants, Air Purifying Plants, Others), By End User (B2B v/s B2C), By Region”, the global online nursery market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of evolving habits of online shopping. The consumers are highly inclined toward at your doorstep kind of shopping. The convenience of staying at home and ordering plants and flowering plant seeds at the doorstep with the added advantages of exciting discounts and schemes is further influencing the consumers to opt for online nursery and thus driving the growth of the global online nursery market in the upcoming five years. Moreover, demand for green environment and green buildings for the corporate sector is also aiding the growth of the global online nursery market in the next five years. Additionally, increasing indoor farming practices are substantiating the growth of the global online nursery market in the future five years. The criteria like comfort, well-being, and productivity of occupants have become a necessity for the corporate complexes. Keeping the physical health and mental health of their employees in mind, multiple companies introduce indoor farming practices, and indoor plants in the office premises. Demand for such plantations are often business to business type of exchange where the companies release a authorized tender to one of the online nurseries to work into efficiently creating an atmosphere suitable for the green building and their employees. Furthermore, corporate social responsibility among the international private businesses for the self-regulation and aiming to contribute to societal goals of a philanthropic, activist, or charitable nature is also supporting the futuristic growth of the global online nursery market in the forecast years.
Increasing awareness about the availability of the plants and seeds on the online platform along with the increasing government initiatives is expected to further drive the growth of the global online nursery market in the forecast period, until 2026. Stringent rules and regulations are driving the consumers to bring in plants from online sources too. The online retailers are strictly following the rules and regulations to maintain, nurture and support the plant growth such that the product available satisfies the demand from the consumer thus aiding the growth of the global online nursery market in the next five years.
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The global online nursery market is segmented on the basis of type, end user, competitional landscape, and regional distribution. Based on type, the market is further fragmented into flowering plants, shrubs, vegetable seeds, indoor plants, air purifying plants, and others. Indoor plants are anticipated to generate the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing demands from the consumers. Rapidly increasing popularity and thus the demand for the indoor farming is further aiding the growth of the sub-segment as well as the growth of the global online nursery market in the next five years. Air purifying plants are also expected to register significant growth in the next five years on the grounds of the population becoming more concerned regarding the air quality inside the house. The sudden pandemic situation gave a serious scare to the population and people were adamant toward bringing air quality to a purer level.
Garden Goods Direct, Chief River Nursery, Gardens Alive! Inc., Monrovia Nursery Company, Pike Nurseries, The Davey Tree Expert Company, Desert Horizon Nursery & Landscape Design, Moon Valley Nurseries, Mehrabyan Nursery, Bay Laurel Nursery, are among the major market players in the global platform that lead the market growth of the global online nursery market.
“Asia Pacific region is expected to register the largest revenue shares of the market due to increasing green building concept and advancing agriculture sector in the countries like India, China, Japan, etc. The demand for online nursery is expected to increase also due to rapid development of residential complexes, corporate offices, government buildings, etc. for the increasing population in the countries like India, and China. North America is also expected to register substantial growth in the future five years on the grounds of rising adoption of technologies and extensive researches that depict the quality of air and land to have depleted. Demand for the indoor farming is rapidly increasing in the countries like the United States, Canada, etc. Growing population, climatic changes, and increasing pollution scales are heavily demanding for the increase in greener methods of life sustenance. New market players may focus on studying the consumer demands and extended research along with the smart product launches thus aiding their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
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