Market Size of Japan Flower Pots Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Flower Pots Market Analysis
Japan Flower Pots Market is poised to grow at a CAGR of 3.5% during the forecast period. Japan observes the cultivation of different varieties of flowers ranging from cut flowers, seedlings for flower beds, potted flowers, and bulbous plants. Their production volume in millions accounts for 3,482, 579, 205, and 76.3 million, respectively. With such a large production of flowers, there arises a need for flowerpots to plant, creating a market for flowerpots in Japan.
Potted flower production in japan observed a decrease in production since 2013, and that decline continued in 2018-2019. From 2020 to 2021, the population growth of Japan declined at a fast rate; combined with this, agriculture, forestry, and fishing contribution to GDP stood at a stable level of around 1% from 2013 to 2021. In 2022, fertilizers prices in japan declined by 3.7%, with ease in agricultural prices of 0.7%. These trends affected the flower market during the period of COVID-19 and the post-COVID recovery period.
Flowers have always played a meaningful symbolic role in Japanese culture. Japanese flowers have been central to the holiday celebration, tea ceremonies, and memorial services, from paintings to music and fashion.
