So. Dez 22nd, 2024

India Succulent Plants Market – Increasing online retail & e-commerce platforms and integration of succulents in home décor is expected to drive the India Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “India Succulent Plants Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the India Succulent Plants Market stood at USD 120.14 Million in 2024 and is anticipated to grow with a CAGR of 7.64% in the forecast period, 2026-2030. The drivers of the succulent plants market in India are numerous and varied. The recent trend towards urban gardening and compact living spaces has led to a surge in demand for these hardy, low-maintenance plants. Further, the shift in consumer preferences towards sustainable and eco-friendly home decor has bolstered market growth.

The growing awareness of mental health benefits associated with gardening activities is also a significant driver. The increasing availability of a wide variety of succulents through online platforms has made them more accessible to consumers across the country.

The Indian succulent market has experienced a noteworthy evolution over the past few years, driven by a surge in interest from urban dwellers seeking to introduce greenery into their indoor spaces. These captivating and easy-to-care-for plants have gained immense popularity due to their ability to thrive in the challenging environmental conditions typical of urban apartments. One of the key factors contributing to the rising demand for succulents in India is the increased awareness of the benefits they offer. Not only do they add aesthetic appeal to any space, but they also provide air purification and mood enhancement. As people become more conscious of the importance of indoor plants for their well-being, the succulent market has witnessed substantial growth.

The availability of succulents in a variety of forms and sizes has made them a top choice for home decor, influencing interior design trends across the country. Their versatility allows individuals to create unique and personalized displays, adding a touch of nature to their living spaces. The growing e-commerce industry in India has also played a significant role in the expansion of the succulent marketplace. Online plant stores have flourished, offering a wider variety of species and pot designs compared to traditional nurseries and garden centers. With the convenience of doorstep delivery and plant care guidance, customers can easily access and enjoy the beauty of succulents.

Despite the promising growth, the Indian succulent market still faces certain challenges. Many consumers lack knowledge about proper plant care, which can impact the longevity of these delicate plants. Logistical difficulties in the delivery of live plants and the limited availability of certain exotic species pose hurdles that need to be addressed.

Looking towards the future, the Indian succulent market is expected to grow steadily. The ongoing urbanization, coupled with the rising popularity of green living concepts, will continue to fuel the demand for succulents. As more people adopt work-from-home models due to the pandemic, creating soothing and pleasing home office environments has become a priority, which is likely to boost the market further.

The Indian succulent market, driven by changing consumer preferences and increasing digitalization, holds promising potential for growth. The continued emphasis on indoor green spaces and sustainable living will ensure that the market thrives in the coming years. While challenges exist, with the right strategies in place, the Indian succulent market is poised to bloom brightly in the future, captivating more individuals with the beauty and benefits of these captivating plants.

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The India Succulent Plants Market is segmented into type, distribution channel, application, regional distribution, and company.

Based on application, in India, the residential segment is currently dominating the succulent plants market. The trend of creating green spaces within homes has gained immense popularity among homeowners who seek to infuse their living spaces with a touch of nature’s beauty. With their unique shapes, vibrant colors, and low-maintenance nature, succulents have become the go-to choice for adding a touch of natural charm to indoor spaces, creating a serene and inviting atmosphere that promotes relaxation and well-being.

The commercial segment is also witnessing significant growth in the use of succulents. These versatile plants are finding their way into office spaces, restaurants, and other commercial settings, where they serve as natural accents that elevate the overall ambiance. Beyond their aesthetic appeal, succulents are known for their ability to improve indoor air quality by absorbing harmful pollutants and releasing oxygen, making them a valuable addition to any workspace or public area. Their low water requirements and resilience make them an ideal choice for busy commercial environments, where they can thrive and beautify the space with minimal maintenance. Whether it’s in a cozy home or a bustling office, succulents offer a delightful blend of beauty, functionality, and environmental benefits, making them a popular choice for those seeking to create green and inviting spaces.

Based on region, West India is at the forefront of the surge in the Indian Succulent Plants Market. This can be attributed primarily to the unique climatic conditions prevalent in the area, which provide an ideal environment for the growth of succulent plants. The semi-arid climate, characterized by relatively dry conditions, offers the perfect setting for these plants to thrive. The escalating trend of indoor gardening has gained significant traction in bustling, urban cities such as Mumbai and Pune. With limited outdoor space, urban dwellers are increasingly turning to indoor plants, including succulents, to beautify their living spaces. Succulents, known for their low maintenance and aesthetic appeal, have become a popular choice among urban gardeners.

In addition to their visual appeal, succulents are also known for their air purifying qualities. Growing awareness about the health benefits of indoor plants, particularly their ability to improve air quality, has further fueled the demand for succulents in West India. As more people become conscious of the importance of clean and fresh indoor air, the popularity of succulent plants continues to rise. The combination of favorable climatic conditions, the urban gardening trend, and the growing awareness about the air purifying properties of succulents has contributed significantly to the dominance of West India in the Indian Succulent Plants Market. With its unique blend of factors, the region is well-positioned to continue leading the market in the foreseeable future.

Major companies operating in India Succulent Plants Market are:

  • Sunder Nursery
  • Ugaao
  • Mera Maali
  • NurseryLive
  • myBageecha
  • Nurturing Green
  • Root Bridges
  • Urvann
  • Plantsguru
  • Plant Orbit

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“The future of India’s succulent plants market appears to be on a promising trajectory, poised for significant growth and expansion. The burgeoning trend of indoor gardening and the steady pace of urbanization across India are expected to fuel the demand for succulent plants. The proliferation of e-commerce platforms and online nurseries has democratized access to succulent plants for consumers across India.

These digital platforms offer a convenient and efficient means for customers to browse, purchase, and receive a diverse range of succulent varieties from the comfort of their homes. The ease of online shopping coupled with the availability of doorstep delivery services has contributed to the growing popularity and accessibility of succulent plants among a wider audience” said Mr. Karan Chechi, Research Director, TechSci Research, a research-based management consulting firm.

India Succulent Plants Market By Type (Indoor Interior and Outdoor Shade), By Distribution Channel (Online and Offline), By Application (Residential and Commercial), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Succulent Plants Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Succulent Plants Market.

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