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The pivotal findings and recommendations underscore significant progressive trends within the Bonsai Market enabling stakeholders to formulate effective long-term strategies. The inaugural Bonsai Market report explores key questions, including: What was the market size in 2020? What is the current market status? How is the market expected to evolve in the forecast period? What strategic moves are being made by key players? Which region leads the global market? How is the market’s competitive analysis conducted? What are the drivers and restraints for the Bonsai Market? What is the anticipated market standing from 2022 to 2029? What will be the market size in 2022, and what growth rate is expected?The victorious Bonsai Market analysis report provides detailed insights into product approvals, R&D activities, and product launches in the Bonsai Market, conducting a thorough evaluation of market strategies, geographic and business segments, and product portfolios of the leading market players. The report also offers comprehensive information on the product portfolios of the top players in the Bonsai Market. The Bonsai Market business report emphasizes key trends in the marketplace, major players and brands, market drivers and constraints, historical and current market size, and projections up to 2029, highlighting the top players in the industry, their product portfolios, and key strategies.Data Bridge Market Research analyses that the global bonsai market will grow at a CAGR of 6.4% from 2023 to 2030.Explore Further Details about This Research Bonsai Market Reporthttps://www.databridgemarketresearch.com/reports/global-bonsai-market
REPORT METRICDETAILSForecast Period2023 to 2030Base Year2022Historic Years2021 (Customizable to 2020-2016)Quantitative UnitsRevenue in USD Thousand, Volumes in Units, Pricing in USDSegments CoveredBy Species (Indoor Species, Outdoor Species, Deciduous Tree Species, Needle Tree Species, and Tree Species With Flowers), Structure (Landscape and Stumps), Application (Customized and Wholesale)Countries CoveredBrazil, Argentina, and Rest of South America, U.S., Canada, and Mexico, U.A.E, Saudi Arabia, Israel, Egypt, South Africa, and Rest of Middle East and Africa, China, Japan, South Korea, Australia, Singapore, India, Thailand, Malaysia, Taiwan, Philippines, and Rest of Asia-Pacific, Germany, U.K., France, Netherlands, Italy, Belgium, Turkey, Austria, Russia, Switzerland, and Rest of Europe.Market Players CoveredMiniGardens Bonsai NZ Ltd., Circle City Bonsai, Lodder Bonsai bv, Dongyi Artificial Plants Co., Limited, easternleaf.com, BRUSSEL’S BONSAI, Love My Bonsai, Abana Homes, Bonsai Direct., House of Bonsai, Kaizen Bonsai Ltd., Bonsai Sensation Nursery, Herons Bonsai, CALIFORNIA BONSAI STUDIO, Ganga Nursery, Bonsai2U, Artificial Plant Shop, among others. |
Market DefinitionBonsai is the Japanese art of growing and training miniature trees in pots, developed from the traditional Chinese art of penjing. Unlike penjing, which utilizes traditional techniques to produce entirely natural scenery in small pots that mimic the exquisite shapes of real-life scenery, the Japanese “bonsai” only attempts to produce small trees that mimic the shape of real-life trees. The loanword “bonsai” has become an umbrella term in English, attached to many forms of miniature potted plants and, on occasion, to other living and non-living things. Bonsai is not intended for the production of food or medicine. Instead, bonsai practice focuses on long-term cultivation and shaping one or more small trees growing in a container. A bonsai is created beginning with a specimen of the source material. This may be a cutting, seedling, or small tree of a species suitable for bonsai development. Bonsai can be created from nearly any perennial woody-stemmed tree or shrub species that produces true branches and can be cultivated to remain small through pot confinement with crown and root pruning.Global Bonsai Market DynamicsThis section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:Drivers
GROWTH IN THE INCLINATION OF THE BONSAI PLANT GLOBALLY
RISE IN THE ADOPTION OF GROWING BONSAI FOR VARIOUS HOBBYISTS
INCREASE IN THE DEMAND FOR MINIATURE BONSAI PLANTS