Infinium Global Research Artificial Flowers Market | Page 3

Artificial Flowers Market Global Industry Analysis, Market Size, Trends, and Forecast to 2023 in retail stores, supermarkets/hypermarkets and also online stores are influencing the customer preferences and it is anticipated to impact the marker positively. Stems cut artificial flower segment is anticipated to grow significantly during the forecast period 2017-2023. Higher price of artificial flowers in some countries force the manufacturers to focus on exports, rather than on local markets. Reluctance of customers due to lack of awareness about the materials used for manufacturing of artificial flowers hinder the growth of sales in some regions. Unavailability of skilled craftsmen to make artificial flowers in traditional way is hinders certain segments of artificial flowers market. These are major restraints for the global artificial flowers market. Higher cost of exotic flowers and greater export of top quality local flowers provide growth opportunities for the major manufacturers to expand in emerging countries. Changing weather conditions are impacting the cultivation of natural flowers and it is anticipated to provide growth opportunities for artificial flower manufacturers in near future. Increasing preference for artificial flowers as gift item is anticipated to provide growth opportunities for the market. The global market is expected to grow at a CAGR of x.x% over the forecast period of 2017 – 2023.This report estimates the market size of Artificial Flowers in terms of value (USD Million)over the period of 2015 to 2023. The year 2015and 2016are considered to be base years, and 2017 to 2023 is considered to be a forecast period. The market sizes for Artificial Flowers by Vertical, by Material type, and by regions are estimated in terms of value. This market research study provides detailed qualitative and quantitative analyses of the Global Artificial Flowers market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Artificial Flowers. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific, and, Rest of the World (RoW). The market size and forecasts are also given for these regions. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of Artificial Flowers market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the Global Artificial Flowers market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in 3 | © Infinium Global Research