The Europe nursery planters and pots market is expected to grow from US$ 384.80 million in 2021 to US$ 501.57 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. Europe comprises several major economies such as Germany, Russia, France, the UK, and Italy. The western part of Europe is known for its better standards of living, with people displaying a high income level. It is one of the wealthiest regions in the European continent, with per capita gross domestic product (GDP) more than the other parts. Also, the UK, France, and Germany are among the leading nursery planters and pots markets in the continent. The countries are experiencing a growing demand for nursery planters and pots due to the increasing disposable incomes and growing urbanization. The increasing demand for the nursery planters and pots, especially from sectors such as residential, greenhouse, and container farming, is anticipated to drive the market growth during the forecast period.
Countries in Europe, especially France, witnessed an unprecedented rise in the number of COVID-19 cases, which led to the discontinuation of nursery planters and pots manufacturing activities.Downfall in other consumer goods producing sectors has negatively impacted the demand for nursery planters and pots during the early months of 2020.
Moreover, decline in the containers manufacturing activities has led to the discontinuation of nursery planters and pots manufacturing projects, thereby reducing the demand for nursery planters and pots in France.Similar trend was witnessed in other European countries such as Russia, the UK, Italy, Spain, and Germany.
However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.
Based on end user, the Europe nursery planters and pots market is segmented into residential, greenhouse and container farming, and others.The residential segment led the market in 2020.
The demand for nursery planters and pots in the residential sector is on a rise due to the shifting interest of the consumers to grow garden at home.The millennials are now preferring to develop the kitchen garden, which will help them in growing commercial herbs and vegetables such as bush beans, peas, parsley, mint, lemongrass, and tomatoes.
In the residential sector, consumers are using planters and pots as a decorative item.The consumers, who are garden enthusiasts, focus on creating gardens inside their house with the help of small and big gardening pots that can be placed in the verandah, as well as in the kitchen.
Many residential complexes have gardens, which also increases the demand for planters and pots. Houseplants help in keeping the air inside the house clean, removing pollutants, and providing a good vibe. The consumers look for planters and pots that will enhance their interiors as well as coordinate with the interior and exterior décor.
The overall Europe nursery planters and pots market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the Europe nursery planters and pots market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe nursery planters and pots market. A few major companies operating in the market are Pöppelmann GmbH & Co., KG.; Keter; Landmark Plastic Corporation; Fertil; and East Jordan Plastics, Inc.
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