QYResearch: North America and Europe, occupied 49.5% Planter market share together in 2016

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Planters are the container which can be used for planting flowers, small trees and other plants. Usually, planters are bigger than flower pots. There are a variety of materials for planters, such as wood- plastic composites, PVC, ceramics, PP, wood, FRP and others. But wood- plastic composites, PVC, ceramics, wood are the common materials.

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In the coming years there is an increasing demand for Planters in the regions of North America and Europe that is expected to drive the market for more Planters. Growth in government budgets in the principal countries, increasing of garden expenditures, more-intense competition, launches in introducing new products will drive growth in North America and Europe.

According to QYResearch, Globally, the Planters industry market is not concentrated as the manufacturing technology of Planters is relatively mature than high-tech equipment. Some enterprises, like Lechuza, Keter, Elho, etc. are well-known for their brilliant performance of their Planters and other related services. North America and Europe, occupied 50.32% production market share together in 2015, is remarkable in the global Planters industry.

The consumption volume of Planters is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Planters industry may not keep that fast. But it is surely forecasted that the market of Planters is still promising.

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The product average price declined in the past few years due to the technology development and industry competition, the average price will keep the trend in the future for a few years due to the development of manufacturing technology and the cost lowering of raw materials.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their operation performance and financial condition would suffer.

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Although the market competition of Planters is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Planters and that is the reason we believe there will be new enterprises enter this market still. But it is suggested that enterprises those have plans to enter this industry take action after careful analysis of the market and the advantages and the disadvantages of themselves.

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