Product Code: IRTNTR74463
The succulent plant market is forecasted to grow by USD 2261.2 mn during 2023-2028, accelerating at a CAGR of 11.13% during the forecast period. The report on the succulent plant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased penetration of online shopping, low maintenance costs of succulent plant, and advent of organized retail for succulent plant.
Technavio's succulent plant market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.28% |
CAGR | 11.13% |
Incremental Value | $2261.2mn |
By Type
- Cactaceae
- Crassulaceae
- Aizoaceae
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the increasing trend for interior designing as one of the prime reasons driving the succulent plant market growth during the next few years. Also, growing popularity of vertical gardens and innovation in product offerings by market vendors will lead to sizable demand in the market.
The report on the succulent plant market covers the following areas:
- Succulent plant market sizing
- Succulent plant market forecast
- Succulent plant market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading succulent plant market vendors that include Adeniumrose Co. LLC, Altman Specialty Plants LLC, Annies Garden and Patio, Costa Farms LLC, Dummen Orange, Fairyblooms LLC, FTD LLC, Mountain Crest Gardens, myBageecha, NorCal Succulent Shop, NurseryLive, Nurturing Green Plantation Pvt. Ltd., Qingdao Flowery Crafts Co. Ltd., Queen Knud Jepsen A/S, Rootly Plant Decor Pvt. Ltd., Succulent Market, Succulents Box LLC, Tenth Avenue Holdings LLC, The Bouqs Co., The Leaf and Clay, Ugaoo Agritech Pvt. Ltd., and Yiwu Lishi Imp. and Exp. Co., Ltd. Also, the succulent plant market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Succulent Plant Market 2018 - 2022
- Historic Market Size - Data Table on Global Succulent Plant Market 2018 - 2022 ($ million)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Cactaceae - Market size and forecast 2023-2028
- Chart on Cactaceae - Market size and forecast 2023-2028 ($ million)
- Data Table on Cactaceae - Market size and forecast 2023-2028 ($ million)
- Chart on Cactaceae - Year-over-year growth 2023-2028 (%)
- Data Table on Cactaceae - Year-over-year growth 2023-2028 (%)
- 6.4 Crassulaceae - Market size and forecast 2023-2028
- Chart on Crassulaceae - Market size and forecast 2023-2028 ($ million)
- Data Table on Crassulaceae - Market size and forecast 2023-2028 ($ million)
- Chart on Crassulaceae - Year-over-year growth 2023-2028 (%)
- Data Table on Crassulaceae - Year-over-year growth 2023-2028 (%)
- 6.5 Aizoaceae - Market size and forecast 2023-2028
- Chart on Aizoaceae - Market size and forecast 2023-2028 ($ million)
- Data Table on Aizoaceae - Market size and forecast 2023-2028 ($ million)
- Chart on Aizoaceae - Year-over-year growth 2023-2028 (%)
- Data Table on Aizoaceae - Year-over-year growth 2023-2028 (%)
- 6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.9 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 8.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 8.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 8.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
11 Competitive Analysis
- 11.1 Companies profiled
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 Adeniumrose Co. LLC
- Adeniumrose Co. LLC - Overview
- Adeniumrose Co. LLC - Product / Service
- Adeniumrose Co. LLC - Key offerings
- 11.4 Altman Specialty Plants LLC
- Altman Specialty Plants LLC - Overview
- Altman Specialty Plants LLC - Product / Service
- Altman Specialty Plants LLC - Key offerings
- 11.5 Costa Farms LLC
- Costa Farms LLC - Overview
- Costa Farms LLC - Product / Service
- Costa Farms LLC - Key offerings
- 11.6 Dummen Orange
- Dummen Orange - Overview
- Dummen Orange - Product / Service
- Dummen Orange - Key offerings
- 11.7 FTD LLC
- FTD LLC - Overview
- FTD LLC - Product / Service
- FTD LLC - Key offerings
- 11.8 Qingdao Flowery Crafts Co. Ltd.
- Qingdao Flowery Crafts Co. Ltd. - Overview
- Qingdao Flowery Crafts Co. Ltd. - Product / Service
- Qingdao Flowery Crafts Co. Ltd. - Key offerings
- 11.9 Succulent Market
- Succulent Market - Overview
- Succulent Market - Product / Service
- Succulent Market - Key offerings
- 11.10 Tenth Avenue Holdings LLC
- Tenth Avenue Holdings LLC - Overview
- Tenth Avenue Holdings LLC - Product / Service
- Tenth Avenue Holdings LLC - Key offerings
- 11.11 The Bouqs Co.
- The Bouqs Co. - Overview
- The Bouqs Co. - Product / Service
- The Bouqs Co. - Key offerings
- 11.12 Yiwu Lishi Imp. and Exp. Co., Ltd
- Yiwu Lishi Imp. and Exp. Co., Ltd - Overview
- Yiwu Lishi Imp. and Exp. Co., Ltd - Product / Service
- Yiwu Lishi Imp. and Exp. Co., Ltd - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- 12.5 Data procurement
- 12.6 Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- 12.9 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations