PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1394674
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1394674
According to SPER Market Research, 'Artificial Flowers Market Size- By Material, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Artificial Flowers Market is predicted to reach USD 3.86 billion by 2033 with a CAGR of 5.22%.
Across the world, an artificial flower is referred to as a handcrafted version of a flower or flower head. Decorative goods manufactured of polyester, nylon, silk, paper, and plastic are called artificial flowers, also referred to as fake flowers or permanent botanicals. They are also frequently used for indoor and outdoor beautifying projects, as well as garden purposes.
Furthermore, numerous industries and their markets were anticipated to suffer permanent and negative consequences by the COVID-19 pandemic. However, the epidemic also brought with it unanticipated challenges for the world economy. Furthermore, the uncontrollably rapid spread of the COVID-19 virus led to a stringent lockdown, an inflexible supply chain, a limited workforce, and the closure of workspaces, all of which decreased demand from important clients.