Covid-19 a restraint for the self-watering pots market
The rise in Coronavirus cases across the globe and the lockdown situation have led to various challenges for almost all sectors. The pandemic and the guidelines implemented by governments in various countries to close all manufacturing units, schools, malls, offices, and other public places, in turn decreased the sales of self-watering pots in the global market. These factors acts as restraints for the self-watering pots market.
Key drivers of the self-watering pots market
- These days, the millennial are gardening enthusiasts and have been creating and placing little plant pots in their balconies and other places. The growing enthusiasm for planting vegetables, flowers, and spices in different sized pots among the millennial is a key factor driving the self-watering pots market. Further, the growing demand for public parks and gardens which help to improve the infrastructure of various urban and semi-urban cities at the global level would drive the self-watering pots market in the foreseeable future. These factors act as drivers of the self-watering pots market at the global level.
Improved features creating opportunities in the self-watering pots market
The rise in population in various countries and growth of the home construction industry in many developing nations would create lucrative opportunities for manufacturers in the self-watering pots market. Further, manufacturers are focusing more on middle-income people and are expected to establish strategic business units in developing countries such as China, India, and Brazil, which would help to increase the sales volume of self-watering pots in the near future.
Asia Pacific the dominant market
Asia Pacific accounts for highest share in the self-watering pots market in terms of revenue contribution as compared to markets in other regions due to increased adoption of self-watering pots by various end-users such as hotels & restaurants, canteens, cafes, and personal use in the region. In addition, the growing adoption of gardening in residential places especially in urban cities has increased the demand for self-watering pots. These factors are expected to propel growth of the self-watering pots market in the region.
Key players operating in the global market
Companies are working on product innovation and development to expand their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level.
Some of the major companies identified in the self-watering pots market are:
- Cole & Mason
- Gardener’s Supply Company
Self-watering Pots Market: Research Scope
Self-watering Pots Market, by Material Type
- Recycled Products
Self-watering Pots Market, by Planter Size
- Below 9 inches
- 9-12 Inches
- Above 12 inches
Self-watering Pots Market, by Application
- Household/ Residential
Self-watering Pots Market, by Distribution Channel
- Direct Sales
- Indirect Sales
Self-Watering Pots Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report on the self-watering pots market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
Self-watering Pots Market: Introduction
Self-watering pots use sub-irrigation to deliver water directly to plant roots, precisely. The water reservoir at the bottom of the planter allows the plant to drink at its own pace. Self-watering containers work on a reservoir system. There is a filled water storage tank, usually at the bottom of the container. The soil soaks up the water from the bottom; so as long as the reservoir is filled, the plants get a consistent level of moisture, delivered directly to the roots. Self-watering plant pots help to lower carbon emissions as the wastage of water is reduced by self-watering pot utilization.
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