Artificial Flower Market Overview for 2024 to 2034

The market for artificial flowers is estimated to reach a valuation of US$ 3,146.0 million in 2024. During the forecast period, the market is likely to progress at a modest rate of 5.5%. By 2034, the artificial flower market is expected to be worth US$ 5,373.9 million.

Current Market Dynamics in the Artificial Flower Industry

  • Artificial flowers are preferred over natural flowers due to the ability of the flowers to not rot for a longer duration of time as compared to natural flowers.
  • Artificial flowers are being used to spruce up homes. As interior design becomes a part of home décor, the demand for home décor items like artificial flowers is blooming.
  • Manufacturers in the market are making artificial flowers that closely resemble real ones, thus enabling customers to have the aesthetic value of traditional flowers for a long duration.
  • Like natural flowers, the demand for artificial flowers is being spurred on by the use of the product as a gifting item. Rising consumer lifestyles have led to the proliferation of gifting culture, leading to the growth of the artificial flower industry.
  • While artificial flowers offer several advantages, customer bias for real flowers still exists and impedes the growth of the artificial flower market.
Attributes Details
Artificial Flower Market Value for 2024 US$ 3,146.0 million
Projected Market Value for 2034 US$ 5,373.9 million
Value-based CAGR of Market for 2024 to 2034 5.5%

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Historical Performance of the Artificial Flower Market

The artificial flower market was tipped to be worth US$ 2,476.8 million in 2019. Over the historical period, the market had an average CAGR of 4.8%.

Artificial flowers continued to grow in prominence as a home décor item during the historical period. However, the pandemic halted production at various plants. The supply of materials, such as polyester and plastic, also faced difficulties. In addition, as outdoor gatherings were curbed due to restrictions, there was a reduction in artificial flowers being used as gifts. However, as the effects of the pandemic subsided, the market was reinvigorated. By 2023, the market value had climbed to US$ 2,987.7 million.

Attribute Details
Market Valuation (2019) US$ 2,476.8 million
Historical CAGR (2019 to 2023) 4.8%
Market Valuation (2023) US$ 2,987.7 million

Long-term Analysis of the Artificial Flower Market

For 2024, the value of the artificial flower market is estimated to be US$ 3,146.0 million. From 2024 to 2034, the market is expected to progress at a CAGR of 5.5%.

The market is expected to progress at a better pace in the forecast period than in the historical period. Upgrades in lifestyles all over the world are leading to a growth in homes with carefully crafted interiors. Artificial flowers are being used to decorate homes further, becoming a fixture in several residences.

As technology develops, artificial flowers are being carefully designed to resemble the real deal. Thus, artificial flowers are becoming an alternative to specific varieties of real flowers. Manufacturers are also focused on increasing the diversity of the artificial flowers offered. Artificial flowers are being produced in differing colors, sizes, and patterns to mirror real-world flowers. By 2034, the market size of artificial flowers is expected to have ballooned to US$ 5,373.9 million.

Artificial Flower Market Trends and Analysis

  • Artificial flower bouquets are rising in popularity as social occasions grow. Man-made flower bouquets are being used as gifts or as means of felicitation, among other uses.
  • Flowers are a prominent part of many weddings around the world. As weddings evolve to incorporate modern ideas, fake flowers are one way through which weddings are becoming updated.
  • Flowers are often paired up with the likes of plants and fruits for decoration purposes. However, natural items run the risk of rotting quickly and ruining displays. Thus, the markets for fake plants and fake food are developing, and in the process, they are helping with the sale of artificial flowers.
  • In addition to residences, artificial flowers are also being incorporated into office décor, where efficiency is key and real flowers are discouraged due to the constant need to refresh them.
  • Artificial flowers face the challenge of reaching far and wide, while real flowers are widely available and often cheaper.
  • Real flowers are in demand not only due to their looks but also due to their smell. Artificial flowers, too, are being manufactured with scents, and with emerging technology, faux flowers are more closely replicating the fragrance of traditional flowers.
  • Silk flowers are emerging as a significant trend in the market. Silk flowers combine the smoothness of real flowers with the long-lasting qualities of artificial flowers and are thus seeing increased demand.
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Sudip Saha

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Category-wise Outlook

In a bid to account for the diversity in real flowers, more material types are being used in the making of artificial flowers. The application of artificial flowers is growing in both commercial and residential spaces, as they are becoming more common as a decorative item.

Flexibility Afforded by Polyester Makes it the Ideal Material for Artificial Flowers

Polyester is the material that is frequently used in the making of artificial flowers. For 2024, polyester is expected to account for 35.7% of the market share by material.

Polyester is being used by producers due to the diverse shapes it can be molded into. In line with sustainability measures, biodegradable polyester use in artificial flowers is increasing, too. Polyester also has the upper hand when it comes to cost, being cheaper than another popular material, silk. All these factors combine to ensure polyester reigns supreme in the material segment.

Attributes Details
Top Material Polyester
Market Share in 2024 35.7%

Artificial Flowers are Overwhelmingly Used in the Commercial Sector

The use of artificial flowers in the commercial sector is overpowering the residential sector. For 2024, commercial use is expected to contribute to 61.4% of the market share.

The commercial settings using artificial flowers are growing. In addition to hotels, resorts, and other places that have extensive interior decoration, artificial flowers are also being used in workspaces to give a more welcoming feel to employees. Weddings are also fertile ground for the sale of artificial flowers. Thus, the commercial segment is prominent in the artificial flower market.

Attributes Details
Top Application Commercial
Market Share in 2024 61.4%

Country-wise Analysis

Europe is witnessing significant trends in home décor innovation and commercial decorations. Improving lifestyles is contributing to more adoption of decorative materials like artificial flowers.

A rise in disposable income and an increase in tourism are factors contributing to the growth of the market in Oceania. Improving work cultures and commercial buildings are boosting the market's growth in the Asia Pacific.

Countries CAGR (2024 to 2034)
United States 5.4%
Australia 6.0%
Germany 5.6%
China 5.7%
India 5.8%

Producers Using Low-cost Items to Lure Consumers in Australia

Australia is set to be one of the leading countries in the market for artificial flowers. For the 2024 to 2034 period, the CAGR for Australia is projected to be a promising 6.0%.

Australian market players are offering cheap products to combat the expensive stigma around artificial flowers. For example, noted Australian gardening chain Bunnings started selling fake flowers for a price as low as US$ 1 in 2020. Thus, the affordability of artificial flowers is endearing the product to the Australian populace.

Artificial Flowers Substituting for Real Flowers in Traditional Indian Practices

India is pegged to be one of the promising countries in Asia for the market. For the forecast period, the market is expected to register a modest CAGR of 5.8% in India.

Flowers continue to be a part of tradition in India, being a part of weddings and rituals. Problems are sometimes faced due to the unavailability of real flowers, and this is where artificial flowers are stepping in. Flowers like jasmine and roses are being replaced in traditional Indian practices by artificial flowers.

Artificial Flower Manufacturers Bet on Diversification with Different Types of Flowers in China

China is just a little behind India when it comes to the growth predicted for the market. The market is anticipated to register a modest CAGR of 5.7% in China during the forecast period.

China is home to a rich tapestry of natural flowers. Artificial flower-makers thus face the task of replicating the diversity in their products. The manufacturers are producing fake flowers and capturing consumers' attention in China by offering a variety similar to traditional flowers.

Premium Artificial Flowers in Vogue in Germany

German consumers are increasingly getting caught up in interior decoration trends, while offices are also investing in décor. Due to the rising disposable income in the country, there is less aversion to spending on high-quality, luxurious artificial flowers. Thus, the market is tipped to have a bright future in Germany. For the forecast period, the CAGR for Germany is predicted to be at 5.6%.

Customers in the United States are Looking for Artificial Flowers that Mimic the Real Thing

Customers in the United States are appreciative of artificial flowers that closely resemble real flowers. For example, fake cacti that have spikes that look just as dangerous as the real thing are popular in the country. Thus, a close resemblance to real flowers is being practiced in the United States. For the forecast period, the CAGR for the United States is predicted to be at 5.4%.

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Competitive Landscape in the Artificial Flower Market

To make artificial flowers as close to real flowers, the help of technology is being sought by market players. Technological help is also being sought to come up with new materials, patterns, colors, and more.

Market players are employing discount strategies to appeal to consumers more. There is a general trend among market players to make products available cheaply to compete with real flowers.

Recent Developments in the Artificial Flower Market

  • In June 2023, the Balmatta PU College in Mangalore, India, hosted an artificial flower exhibition. The exhibition highlighted the making of artificial flowers from waste.
  • In June 2023, home retail brand Williams Sonoma collaborated with floral designer Jeff Leatham to launch a range of faux flowers with a soft touch.
  • England-based florist Laura Church has started renting out artificial flowers to funerals, offering a cost-effective solution to families.

Key Companies in the Artificial Flower Market

  • TreeLocate (Europe) Limited
  • Foshan Tongxin Artificial Flowers Co., Ltd
  • Dongguan Fusheng Arts Products Co., Ltd.
  • NGAR TAT PRODUCTION FTY. LTD.
  • Oriental Fine Art Co., Ltd.
  • Silk Flower
  • Diane James Designs, Inc.
  • J. S. Flower Company Limited
  • Nearly Natural
  • Floral Home Décor

Key Segments

By Material:

  • Polyester
  • Plastic
  • Paper
  • Nylon
  • Silk
  • Others

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Supermarkets & Hypermarkets
  • Specialty Craft Stores
  • Florists
  • Online

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa (MEA)

Frequently Asked Questions

What is the Market Size of Artificial Flowers?

The market size of the artificial flower market is estimated to be US$ 3,146.0 million in 2024.

What is the Common Material Type Used in Artificial Flowers?

Polyester is the common type of material used in artificial flowers, with an estimated market share of 35.7% in 2024.

Who are the Prominent Companies in the Artificial Flower Market?

TreeLocate (Europe) Limited, Foshan Tongxin Artificial Flowers Co., Ltd, and Dongguan Fusheng Arts Products Co. Ltd.

What will be the size of the Artificial Flower Market by 2034?

The artificial flower market size by 2034 is predicted to be US$ 5,373.9 million.

What are the Trends in the Artificial Flowers Industry?

Silk flowers and artificial flower bouquets are some trends in the artificial flower industry.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
    4.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Analysis, 2019 to 2023
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Bunch) Projections, 2024 to 2034
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Bunch) Analysis By Material, 2019 to 2023
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Bunch) Analysis and Forecast By Material, 2024 to 2034
        5.3.1. Polyester
        5.3.2. Plastic
        5.3.3. Paper
        5.3.4. Silk
        5.3.5. Nylon
        5.3.6. Others
    5.4. Y-o-Y Growth Trend Analysis By Material, 2019 to 2023
    5.5. Absolute $ Opportunity Analysis By Material, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Bunch) Analysis By Application, 2019 to 2023
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Bunch) Analysis and Forecast By Application, 2024 to 2034
        6.3.1. Residential
        6.3.2. Commercial
    6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
    6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Bunch) Analysis By Distribution Channel, 2019 to 2023
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Bunch) Analysis and Forecast By Distribution Channel, 2024 to 2034
        7.3.1. Online
        7.3.2. Offline
    7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2019 to 2023
    7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Million) & Volume (Bunch) Analysis By Region, 2019 to 2023
    8.3. Current Market Size Value (US$ Million) & Volume (Bunch) Analysis and Forecast By Region, 2024 to 2034
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Western Europe
        8.3.4. Eastern Europe
        8.3.5. South Asia and Pacific
        8.3.6. East Asia
        8.3.7. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    9.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        9.2.1. By Country
            9.2.1.1. USA
            9.2.1.2. Canada
        9.2.2. By Material
        9.2.3. By Application
        9.2.4. By Distribution Channel
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Material
        9.3.3. By Application
        9.3.4. By Distribution Channel
    9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    10.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Material
        10.2.3. By Application
        10.2.4. By Distribution Channel
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Material
        10.3.3. By Application
        10.3.4. By Distribution Channel
    10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    11.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. U.K.
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Western Europe
        11.2.2. By Material
        11.2.3. By Application
        11.2.4. By Distribution Channel
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Material
        11.3.3. By Application
        11.3.4. By Distribution Channel
    11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    12.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        12.2.1. By Country
            12.2.1.1. Poland
            12.2.1.2. Russia
            12.2.1.3. Czech Republic
            12.2.1.4. Romania
            12.2.1.5. Rest of Eastern Europe
        12.2.2. By Material
        12.2.3. By Application
        12.2.4. By Distribution Channel
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Material
        12.3.3. By Application
        12.3.4. By Distribution Channel
    12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    13.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        13.2.1. By Country
            13.2.1.1. India
            13.2.1.2. Bangladesh
            13.2.1.3. Australia
            13.2.1.4. New Zealand
            13.2.1.5. Rest of South Asia and Pacific
        13.2.2. By Material
        13.2.3. By Application
        13.2.4. By Distribution Channel
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Material
        13.3.3. By Application
        13.3.4. By Distribution Channel
    13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    14.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        14.2.1. By Country
            14.2.1.1. China
            14.2.1.2. Japan
            14.2.1.3. South Korea
        14.2.2. By Material
        14.2.3. By Application
        14.2.4. By Distribution Channel
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Material
        14.3.3. By Application
        14.3.4. By Distribution Channel
    14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Bunch) Trend Analysis By Market Taxonomy, 2019 to 2023
    15.2. Market Size Value (US$ Million) & Volume (Bunch) Forecast By Market Taxonomy, 2024 to 2034
        15.2.1. By Country
            15.2.1.1. GCC Countries
            15.2.1.2. South Africa
            15.2.1.3. Israel
            15.2.1.4. Rest of MEA
        15.2.2. By Material
        15.2.3. By Application
        15.2.4. By Distribution Channel
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Material
        15.3.3. By Application
        15.3.4. By Distribution Channel
    15.4. Key Takeaways
16. Key Countries Market Analysis
    16.1. USA
        16.1.1. Pricing Analysis
        16.1.2. Market Share Analysis, 2023
            16.1.2.1. By Material
            16.1.2.2. By Application
            16.1.2.3. By Distribution Channel
    16.2. Canada
        16.2.1. Pricing Analysis
        16.2.2. Market Share Analysis, 2023
            16.2.2.1. By Material
            16.2.2.2. By Application
            16.2.2.3. By Distribution Channel
    16.3. Brazil
        16.3.1. Pricing Analysis
        16.3.2. Market Share Analysis, 2023
            16.3.2.1. By Material
            16.3.2.2. By Application
            16.3.2.3. By Distribution Channel
    16.4. Mexico
        16.4.1. Pricing Analysis
        16.4.2. Market Share Analysis, 2023
            16.4.2.1. By Material
            16.4.2.2. By Application
            16.4.2.3. By Distribution Channel
    16.5. Germany
        16.5.1. Pricing Analysis
        16.5.2. Market Share Analysis, 2023
            16.5.2.1. By Material
            16.5.2.2. By Application
            16.5.2.3. By Distribution Channel
    16.6. U.K.
        16.6.1. Pricing Analysis
        16.6.2. Market Share Analysis, 2023
            16.6.2.1. By Material
            16.6.2.2. By Application
            16.6.2.3. By Distribution Channel
    16.7. France
        16.7.1. Pricing Analysis
        16.7.2. Market Share Analysis, 2023
            16.7.2.1. By Material
            16.7.2.2. By Application
            16.7.2.3. By Distribution Channel
    16.8. Spain
        16.8.1. Pricing Analysis
        16.8.2. Market Share Analysis, 2023
            16.8.2.1. By Material
            16.8.2.2. By Application
            16.8.2.3. By Distribution Channel
    16.9. Italy
        16.9.1. Pricing Analysis
        16.9.2. Market Share Analysis, 2023
            16.9.2.1. By Material
            16.9.2.2. By Application
            16.9.2.3. By Distribution Channel
    16.10. Poland
        16.10.1. Pricing Analysis
        16.10.2. Market Share Analysis, 2023
            16.10.2.1. By Material
            16.10.2.2. By Application
            16.10.2.3. By Distribution Channel
    16.11. Russia
        16.11.1. Pricing Analysis
        16.11.2. Market Share Analysis, 2023
            16.11.2.1. By Material
            16.11.2.2. By Application
            16.11.2.3. By Distribution Channel
    16.12. Czech Republic
        16.12.1. Pricing Analysis
        16.12.2. Market Share Analysis, 2023
            16.12.2.1. By Material
            16.12.2.2. By Application
            16.12.2.3. By Distribution Channel
    16.13. Romania
        16.13.1. Pricing Analysis
        16.13.2. Market Share Analysis, 2023
            16.13.2.1. By Material
            16.13.2.2. By Application
            16.13.2.3. By Distribution Channel
    16.14. India
        16.14.1. Pricing Analysis
        16.14.2. Market Share Analysis, 2023
            16.14.2.1. By Material
            16.14.2.2. By Application
            16.14.2.3. By Distribution Channel
    16.15. Bangladesh
        16.15.1. Pricing Analysis
        16.15.2. Market Share Analysis, 2023
            16.15.2.1. By Material
            16.15.2.2. By Application
            16.15.2.3. By Distribution Channel
    16.16. Australia
        16.16.1. Pricing Analysis
        16.16.2. Market Share Analysis, 2023
            16.16.2.1. By Material
            16.16.2.2. By Application
            16.16.2.3. By Distribution Channel
    16.17. New Zealand
        16.17.1. Pricing Analysis
        16.17.2. Market Share Analysis, 2023
            16.17.2.1. By Material
            16.17.2.2. By Application
            16.17.2.3. By Distribution Channel
    16.18. China
        16.18.1. Pricing Analysis
        16.18.2. Market Share Analysis, 2023
            16.18.2.1. By Material
            16.18.2.2. By Application
            16.18.2.3. By Distribution Channel
    16.19. Japan
        16.19.1. Pricing Analysis
        16.19.2. Market Share Analysis, 2023
            16.19.2.1. By Material
            16.19.2.2. By Application
            16.19.2.3. By Distribution Channel
    16.20. South Korea
        16.20.1. Pricing Analysis
        16.20.2. Market Share Analysis, 2023
            16.20.2.1. By Material
            16.20.2.2. By Application
            16.20.2.3. By Distribution Channel
    16.21. GCC Countries
        16.21.1. Pricing Analysis
        16.21.2. Market Share Analysis, 2023
            16.21.2.1. By Material
            16.21.2.2. By Application
            16.21.2.3. By Distribution Channel
    16.22. South Africa
        16.22.1. Pricing Analysis
        16.22.2. Market Share Analysis, 2023
            16.22.2.1. By Material
            16.22.2.2. By Application
            16.22.2.3. By Distribution Channel
    16.23. Israel
        16.23.1. Pricing Analysis
        16.23.2. Market Share Analysis, 2023
            16.23.2.1. By Material
            16.23.2.2. By Application
            16.23.2.3. By Distribution Channel
17. Market Structure Analysis
    17.1. Competition Dashboard
    17.2. Competition Benchmarking
    17.3. Market Share Analysis of Top Players
        17.3.1. By Regional
        17.3.2. By Material
        17.3.3. By Application
        17.3.4. By Distribution Channel
18. Competition Analysis
    18.1. Competition Deep Dive
        18.1.1. FRS Holding S.R.L. 
            18.1.1.1. Overview
            18.1.1.2. Product Portfolio
            18.1.1.3. Profitability by Market Segments
            18.1.1.4. Sales Footprint
            18.1.1.5. Strategy Overview
                18.1.1.5.1. Marketing Strategy
                18.1.1.5.2. Product Strategy
                18.1.1.5.3. Channel Strategy
        18.1.2. Diane James Designs, Inc. 
            18.1.2.1. Overview
            18.1.2.2. Product Portfolio
            18.1.2.3. Profitability by Market Segments
            18.1.2.4. Sales Footprint
            18.1.2.5. Strategy Overview
                18.1.2.5.1. Marketing Strategy
                18.1.2.5.2. Product Strategy
                18.1.2.5.3. Channel Strategy
        18.1.3. Dongguan Fusheng Arts Products Co., Ltd 
            18.1.3.1. Overview
            18.1.3.2. Product Portfolio
            18.1.3.3. Profitability by Market Segments
            18.1.3.4. Sales Footprint
            18.1.3.5. Strategy Overview
                18.1.3.5.1. Marketing Strategy
                18.1.3.5.2. Product Strategy
                18.1.3.5.3. Channel Strategy
        18.1.4. Factory 
            18.1.4.1. Overview
            18.1.4.2. Product Portfolio
            18.1.4.3. Profitability by Market Segments
            18.1.4.4. Sales Footprint
            18.1.4.5. Strategy Overview
                18.1.4.5.1. Marketing Strategy
                18.1.4.5.2. Product Strategy
                18.1.4.5.3. Channel Strategy
        18.1.5. Tree Locate 
            18.1.5.1. Overview
            18.1.5.2. Product Portfolio
            18.1.5.3. Profitability by Market Segments
            18.1.5.4. Sales Footprint
            18.1.5.5. Strategy Overview
                18.1.5.5.1. Marketing Strategy
                18.1.5.5.2. Product Strategy
                18.1.5.5.3. Channel Strategy
        18.1.6. Foshan Tongxin Artificial Flowers Co., Ltd 
            18.1.6.1. Overview
            18.1.6.2. Product Portfolio
            18.1.6.3. Profitability by Market Segments
            18.1.6.4. Sales Footprint
            18.1.6.5. Strategy Overview
                18.1.6.5.1. Marketing Strategy
                18.1.6.5.2. Product Strategy
                18.1.6.5.3. Channel Strategy
        18.1.7. NGAR TAT Production Fty. Ltd. 
            18.1.7.1. Overview
            18.1.7.2. Product Portfolio
            18.1.7.3. Profitability by Market Segments
            18.1.7.4. Sales Footprint
            18.1.7.5. Strategy Overview
                18.1.7.5.1. Marketing Strategy
                18.1.7.5.2. Product Strategy
                18.1.7.5.3. Channel Strategy
        18.1.8. Oriental Fine Art Co., Ltd. 
            18.1.8.1. Overview
            18.1.8.2. Product Portfolio
            18.1.8.3. Profitability by Market Segments
            18.1.8.4. Sales Footprint
            18.1.8.5. Strategy Overview
                18.1.8.5.1. Marketing Strategy
                18.1.8.5.2. Product Strategy
                18.1.8.5.3. Channel Strategy
        18.1.9. Xuzhou Pleasant Arts Flower Co., Ltd 
            18.1.9.1. Overview
            18.1.9.2. Product Portfolio
            18.1.9.3. Profitability by Market Segments
            18.1.9.4. Sales Footprint
            18.1.9.5. Strategy Overview
                18.1.9.5.1. Marketing Strategy
                18.1.9.5.2. Product Strategy
                18.1.9.5.3. Channel Strategy
        18.1.10. SG Silk Flower Limited 
            18.1.10.1. Overview
            18.1.10.2. Product Portfolio
            18.1.10.3. Profitability by Market Segments
            18.1.10.4. Sales Footprint
            18.1.10.5. Strategy Overview
                18.1.10.5.1. Marketing Strategy
                18.1.10.5.2. Product Strategy
                18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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