NEW YORK, USA, December 13, 2022 (GLOBE NEWSWIRE) — Overview of the Vertical Garden Construction Market
According to a comprehensive research report by Market Research Future (MRFR), “vertical garden construction market Information by type, application, and region – Forecast to 2030”, the market is estimated to grow at a CAGR of 8.2% and reach USD 1.4 billion by 2030.
Market overview
The reduction of green space in cities leads to several environmental problems, but serves as a foundation for creating vertical gardens. Vertical gardens are a type of garden that can be created outside or inside a building. Vertical garden builders use plants and a watering system to partially or completely cover a wall with plants. In vertical gardens you can find grasses, herbs and even vegetables. Both indoor and outdoor vertical gardens are possible and thrive in a variety of environments. In addition to improving air quality and energy efficiency, vertical gardens are also aesthetically pleasing. and vegetables to create an attractive living screen in your garden. Benefits include easy harvesting, ease of care, and increased yields.
Vertical gardens increase home value by maximizing garden space compared to a typical garden. Vertical gardens partially or fully cover walls with plants connected to a watering system Created by Vertical gardens allow you to grow grasses, herbs and even vegetables. Vertical gardens can be built indoors or outdoors and are established in a variety of settings. Thanks to vertical gardens, you don’t need traditional gardens.
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Reporting scope:
| report attribute | detail |
| Market size in 2030 | US$1.4 billion |
| CAGR | 8.2% (2022–2030) |
| base year | 2021 |
| Forecast period | 2022–2030 |
| historical data | 2020 |
| Forecast unit | Value (USD Billion) |
| report coverage | Earnings forecast, competitive environment, growth factors, trends |
| Target segment | By type, application, region |
| Target area | North America, Europe, Asia Pacific, Rest of World (Row) |
| key market drivers | Growing concerns over carbon footprint are a significant diver in the market. |
| Government initiative to build greener buildings. |
Market Competitive Landscape:
The bright contenders for the vertical garden construction market are:
- Sempergreen (Netherlands)
- ANS Group Global Ltd (UK)
- LiveWall, LLC (USA)
- Atlantis Corporation Australia Pty Ltd (Australia)
Target Market USP:
Market drivers:
The demand for the global vertical garden construction market is expected to increase due to the significant increase in tall building construction and rising requirements to create aesthetic appeal. The sector is projected to gain even more momentum as green screens in buildings become more popular. Besides being aesthetically pleasing, vertical gardens help conserve energy and water and improve air quality. The latest development in the global design and building industry is the vertical garden. During the forecast period, the global vertical garden construction market is expected to be driven by increasing demand for sustainable design and construction. Our current carbon footprint is dangerous. As a result of this, governments are acting to limit these emissions.
Numerous government programs are facilitating market adoption. Demand from the United States is also important. The greatest demand for new structures and developments is in these areas. Infrastructure development is big in these countries. Rapid urban development has resulted in more pollution and limited horizontal space. Urban overpopulation is leading to rising CO2 levels and worsening air quality. Consumers are now concerned about their health and perceptions of the negative effects of pollution. The use of outdoor vertical walls to reduce urban heat island effects has increased the need for vertical gardens. This trend is expected to further intensify throughout the forecast period, bringing with it various business opportunities.
Market constraints:
The issue of proper and sufficient watering and drainage can be challenging as roots usually do not have enough space to spread in vertical gardens. increase. Work done on a vertical plane is more expensive than work done on a horizontal plane. Because of evaporation, vertical gardens on the south face require more water than on the north face. Controlling the amount of fertilizer is essential when performing regular irrigation system maintenance. During the forecast period, this is expected to hamper market growth.
View the detailed market research report (page 97) vertical garden construction https://www.marketresearchfuture.com/reports/vertical-garden-construction-market-3834
COVID 19 analysis
In the office, vertical gardens may be an alternative to potted plants. It can also be placed in your home’s backyard, corporate building, or hotel lobby. Due to the growing demand for vertical garden construction in the global market, market participants in the vertical garden construction industry can expect attractive growth prospects in the future. The COVID period has imposed some restrictions on construction activities due to a shortage of workers during the forecast period. I was.
market segmentation
By application, the market includes residential and commercial. By type, the market includes outdoor vertical garden walls and indoor vertical garden walls.
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Regional Insight
The Asia-Pacific region is projected to hold a major global market share, owing to increasing eco-friendly construction methods. Countries such as South Korea, China and India aim to make cities more attractive, enhance infrastructure and reduce pollution. As a result, these countries are concentrating on building vertical plants that lower greenhouse gas levels by filtering the air and converting carbon dioxide (CO2) to oxygen.
In addition, increased construction and renovation activities, emphasis on environmentally friendly building techniques, adoption of energy-saving practices, increased consumer awareness, and government initiatives on green walls and roofs to reduce pollution, heating effects, The market is growing. Rainwater value. Growth is expected to remain stable in the Middle East and Africa, and South America regions during the forecast period. Living walls, also known as vertical gardens, are booming all over the UAE as creative new technologies and a deep understanding of horticulture have expanded the architectural possibilities of this living art form.
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