The global artificial flowers market was valued at USD 3.09 billion in 2024 and is projected to reach USD 4.49 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030.
Artificial Flowers Market Overview
The global artificial flowers market was valued at USD 3.09 billion in 2024 and is projected to reach USD 4.49 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030. This growth is primarily driven by the increasing demand for low-maintenance, durable home décor options—particularly in commercial spaces and residential households.
Technological advancements have led to the creation of highly realistic and aesthetically pleasing artificial flowers, which continue to fuel market expansion. The wide availability of products in various shapes, sizes, and colors caters to a diverse consumer base, further supporting this growth trajectory.
Rising popularity in home décor trends has also contributed significantly to market momentum. For instance, in June 2022, UK-based retail chain Hobbycraft reported an 8% year-on-year increase in faux flower sales. Likewise, in October 2021, leading retailers such as Tesco and Amazon noted a substantial rise in artificial flower sales.
By October 2024, Tesco observed a 25% increase in demand for its Finest bouquet range over the prior six months—equivalent to 500,000 more bouquets sold compared to 2023. Its primary supplier, MM Flowers, reported a 10% annual growth in volume, amounting to over five million additional bouquets, indicating a growing consumer inclination to invest in floral products.
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Key Market Trends & Insights
Market Size & Forecast
Competitive Landscape
The artificial flowers market remains fragmented, with numerous unorganized players. Leading companies are emphasizing realism and craftsmanship in botanical replication. Strategies such as new product launches, product line expansions, and strategic partnerships are widely adopted to strengthen their market presence.
New Growth Designs stands out as a prominent player, known for luxury artificial floral arrangements that emphasize quality and detail. The company continues to innovate in response to limitations within the fresh flower industry and serves both residential and commercial segments. Its widespread presence in luxury retail, museums, and high-end hospitality venues reflects rising demand for premium artificial floral solutions.
Major Players in the Artificial Flowers Market:
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Conclusion
The artificial flowers market is poised for robust growth, driven by technological innovation, evolving consumer preferences, and a surge in demand for long-lasting home décor alternatives. Europe leads the market, with significant contributions from commercial applications and retail chains. As realism and quality continue to improve, the industry's growth is expected to accelerate, creating opportunities for both established and emerging players in the coming years.