Terrarium Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2024-2032 Segmented By Container Type (Glass, Plastic, Others), By Type (Sealed and Open), By Sales Channels (Online vs Offline), By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationTerrarium Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2024-2032 Segmented By Container Type (Glass, Plastic, Others), By Type (Sealed and Open), By Sales Channels (Online vs Offline), By Region
Global terrarium market is anticipated to project a robust growth in the forecast period, 2022-2026 with an impressive CAGR value on the account of increasing demands for the home decorative material and related material. Demand for the miniature forms of fish aquariums like fish bowls etc. is also driving the growth of the global terrarium market in the upcoming five years.
Terrariums are plastic or glass containers that have a fishbowl like structure and can be utilized to grow plants or to keep a single fish in a partially closed container. Terrariums used for the creation of small, lush forest like environment are excessively utilized as a home decoration or office decoration material. To create a mini forest look, a bed of green moss is embedded and further decorated with pebbles and activated charcoal along with organic soil. Indoor plants and succulent plants are added to it to create a mini forest outlook. Other decorative items like miniature mountains, or artificial human models can be put in to give it a distinct look. In simpler terms, it is an artificially made natural habitat for indoor plants. The aesthetic looks further influence the consumer purchase habit.
Air-Quality Enhancement Through Indoor Plants
Globally, the younger population is much aware and concerned about creating better environment, decreasing air pollution and if possible, install systems that can give them better breathable air. Indoor plant concepts have rapidly increased, and many consumers are adopting terrariums to achieve the requirements. Moreover, small succulent plants that are used in the making of the terrariums are very simple to maintain. The plants often belonging to the cacti family have higher tendency to survive even without much care, sunlight, and water. The plant parts store water and food and survive over it for longer durations. Population that is busy with their hectic schedules and long working hours often fail to take care of their plants. For such population, maintaining a terrarium is very simple and convenient and thus the global terrarium market is anticipated to register a significant CAGR in the next five years.
Globalization & Industrialization Influences Market Future
Increasing industrialization and pollution caused are expected to be some of the major reasons behind the steep growth of the global terrarium market in the future five years. With the development of chemical industries,
Festival Gifting Options Driving Market Growth
Indoor plants decorated in terrariums are a new age gifting option that is rapidly increasing as a viable option for gifts during festive season. People are opting for terrariums with succulent plants that require minimum care and are becoming first choice for Christmas gifts, Diwali gifts, housewarming gifts, and thanksgiving gifts, etc. These artificially made natural habitats come in various types and shapes thus providing an aesthetic option for the consumers. Rising disposable income is also substantiating the growth of the global terrarium market in the next five years.
Market Segmentation
The global terrarium market is segmented on the basis of container type, type, sales channels, competitional landscape, and regional distribution. Based on container type, the market is further fragmented into glass, plastic, and others. Based on type, the market is divided between sealed and open terrariums. On the basis of sales channels, the market is further bifurcated into online and offline sales channel. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, North America, European & CIS, South America, and Middle East & Africa.
Company Profiles
Central Garden & Pet Company (Zilla), Spectrum Brands Pet, LLC (Tetra), Rolf C. Hagen Inc. (Exo Terra), REPTI ZOO, Carolina Custom Cages, are among the major market players in the global platform that lead the market growth of the global terrarium market.
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