Global Bonsai Market, By Species (Indoor Species, Outdoor Species, Deciduous Tree Species, Needle Tree Species, and Tree Species with Flowers), By Structure (Landscape and Stumps), By Application (Customized and Wholesale) By Region and forecast till 2027.
Report ID : IR100177 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 240
Global Bonsai Market, By Species (Indoor Species, Outdoor Species, Deciduous Tree Species, Needle Tree Species, and Tree Species with Flowers), By Structure (Landscape and Stumps), By Application (Customized and Wholesale) By Region and forecast till 2027.
Global Bonsai Market
Global Bonsai Market was valued at 6.42 billion in 2021 and is slated to reach at USD 14.48 billion by 2027 at a CAGR of 3.20% from 2022-2027.
Bonsai is the Japanese technique of growing and training small trees in pots, which evolved from the classical Chinese art of penjing. Unlike penjing, which uses traditional techniques to create totally natural scenery in small pots that resemble the delicate shapes of real-life scenery, Japanese "bonsai" merely seeks to create little trees that mimic the shape of real-life trees. The loanword "bonsai" has become an umbrella term in English, applied to various types of miniature potted plants and, on occasion, other living and non-living things. Bonsai is not intended for the creation of food or medicine. Instead, bonsai practise concentrates on the long-term cultivation and shape of one or more tiny trees growing in a container. A bonsai is formed by starting with a specimen of the original material. This could be a bonsai-worthy cutting, seedling, or small tree. Bonsai can be made from practically any perennial woody-stemmed tree or shrub that produces true branches and can be nurtured to remain small by pot confinement with crown and root trimming.
Market Drivers
A bonsai plant has been around for a very long time. Bonsai plants have recently gained popularity as a hobby all over the world, particularly in nations such as Japan and China, which are more concerned with environmental preservation. Bonsai plants are produced for a variety of reasons, including indoor decoration, ecosystem maintenance and balance, and creating a healthier environment because they are safe. Furthermore, it is a critical component of sustainable development, serving as the foundation for economic progress. Bonsai has been popular since the mid-twentieth century. Bonsai trees are thought to have originated in China over a thousand years ago and were later transported to Japan. Because they take so much time and care to grow and shape, bonsai trees are typically viewed as a symbol of patience and persistence. The bonsai tree is a reminder that even the smallest things can be stunning.
Growing bonsai plants has played an important part in adorning places for over a decade. With a growing global population and the bulk of the people moving to cities for better prospects and living standards, it plays an important role in expanding the sale of miniature bonsai trees and plants. Companies and suppliers have recently concentrated on designing and constructing landscapes using the best bonsai species to maintain productivity levels and lower human stress levels. Landscape bonsai plants that are more effective demand less upkeep and subsequently have reduced growth costs. Landscape bonsai trees have a key drawback in that they cause worry about environmental changes like climate change, rising room temperatures, and soil layer loss.
Market Restraints
Bonsai plants necessitate a lot of upkeep and fertilisers high in minerals like potassium, phosphorous, and nitrogen (NPK), which increases the risk of fungus and mould growth. Growers frequently utilise a variable NPK ratio for different trees at different times of the year. Nitrogen stimulates the growth of leaves and stems, as well as above-ground growth. Phosphorus promotes healthy root growth as well as fruit and blossom growth. Potassium improves plant health overall. As a result, it takes longer to prepare fertilisers enhanced with these chemicals. These materials require various forms of fungi to degrade and produce fertilisers, posing a barrier to market growth.
Market Segmentation
Global Bonsai Market is segmented into Species, Structure, Application. By Species such as Outdoor
Species, Deciduous Tree Species, Tree Species with Flowers, Indoor Species, Needle Tree Species. By Structure such as Landscape, Stumps. By Application such as Customized, Wholesale.
Regional Analysis
Global Bonsai Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific dominates the global market due to expanding bonsai hobbyists and growers.
Key Players
This report includes a list of numerous Key Players, namely MiniGardens 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.
Market Taxonomy
By Species
• Outdoor Species
• Deciduous Tree Species
• Tree Species with Flowers
• Indoor Species
• Needle Tree Species
By Structure
• Landscape
• Stumps
By Application
• Customized
• Wholesale
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Bonsai Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bonsai Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bonsai Market, By Species
5.1 Y-o-Y Growth Comparison, By Species
5.2 Global Bonsai Market Share Analysis, By Species
5.3 Global Bonsai Market Size and Forecast, By Species
5.3.1 Outdoor Species
5.3.2 Deciduous Tree Species
5.3.3 Tree Species with Flowers
5.3.4 Indoor Species
5.3.5 Needle Tree Species
6 Global Bonsai Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Bonsai Market Share Analysis, By Application
6.3 Global Bonsai Market Size and Forecast, By Application
6.3.1 Customized
6.3.2 Wholesale
7 Global Bonsai Market, By Structure
7.1 Y-o-Y Growth Comparison, By Structure
7.2 Global Bonsai Market Share Analysis, By Structure
7.3 Global Bonsai Market Size and Forecast, By Structure
7.3.1 Landscape
7.3.2 Stumps
8 Global Bonsai Market, By Region
8.1 Global Bonsai Market Share Analysis, By Region
8.2 Global Bonsai Market Share Analysis, By Region
8.3 Global Bonsai Market Size and Forecast, By Region
9 North America Bonsai Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Bonsai Market Share Analysis, By Species
9.3 North America Bonsai Market Size and Forecast, By Structure
9.4 North America Bonsai Market Size and Forecast, By Application
9.5 North America Bonsai Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Bonsai Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Bonsai Market Share Analysis, By Species
10.3 Europe Bonsai Market Size and Forecast, By Structure
10.4 Europe Bonsai Market Size and Forecast, By Application
10.5 Europe Bonsai Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Bonsai Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Bonsai Market Share Analysis, By Species
11.3 Asia Pacific Bonsai Market Size and Forecast, By Structure
11.4 Asia Pacific Bonsai Market Size and Forecast, By Application
11.5 Asia Pacific Bonsai Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Bonsai Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Bonsai Market Share Analysis, Product Type
12.3 Latin America Bonsai Market Size and Forecast, By Structure
12.4 Latin America Bonsai Market Size and Forecast, By Application
12.5 Latin America Bonsai Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Bonsai Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Bonsai Market Share Analysis, By Species
13.3 Middle East Bonsai Market Size and Forecast, By Structure
13.4 Middle East Bonsai Market Size and Forecast, By Application
13.5 Middle East Bonsai Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 MiniGardens Bonsai NZ Ltd
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Circle City Bonsai
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
12.2.6 Key Strategies
15.3. Lodder Bonsai bv
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Dongyi Artificial Plants Co., Limited
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 easternleaf.com
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 BRUSSEL'S BONSAI
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Love My Bonsai
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Abana Homes
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Bonsai Direct
15.9.1 Overview
15.9.2 Products
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 House of Bonsai
15.10.1 Overview
15.10.2 Products
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies