Bonsai Market Survey Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

Bonsai Market Size Survey Report – In a Glance

As per the survey report on global Bonsai market, the market is projected to foresee a CAGR of 12.3% between 2024-2032, and further generate a market size of USD 27.61 billion by the end of 2032. In the year 2023, the market size was valued at USD 10.32 billion.

• The global Bonsai market is projected to grow on account of the increase in acceptance of bonsai among various potters.
• In Japan, the Bonsai market growth can be attributed to the revolution and modernization required to meet the changing consumer preferences.
• KDMI analyst’s growth analysis foresees that extreme entry prohibition for novices challenges the market growth.
• The Asia Pacific Bonsai market is projected to dominate the global market.

Bonsai Market Analysis

Bonsai or tray planting is a Japanese form of art of growing and shaping miniature trees in containers. This art form is developed from the old Chinese art form known as penjing. Bonsai cultivation is an artistic hobby in Japan and an illustration of gentle respect that the Japanese have towards living things.

Cultivation of bonsai trees are believed to be originated from China over a thousand years ago later it was introduced in Japan. Hobbyists or potteres believe that bonsai trees are an emblem of forbearance as much care is required for the tree to grow and shape. Ganga Nursery, GardenShop, Bonsai New Zealand are some of the significant parties in the global market for Bonsai.

Analyst’s Observation on Japan Bonsai Market Survey

The bonsai industry in Japan is transforming to meet various consumer preferences and market trends. Bonsai cultivators adopted modern methods and technologies to enhance the cultivation process improve the health of the tree and multiply artistic possibilities. Innovative bonsai education platforms and cultivation kits with present day artists attract new potteres and enthusiasts thereby driving the growth of the market. Daijuen Bonsai Nursery, Meifu-ten Bonsai Exhibition, Hoshinchu Air Bonsai Garden are some of the significant parties in the market for Bonsai in Japan.

Bonsai Market Growth Drivers and Challenges

Increasing desire for home décor and greenery: In the present day world with the growing urge for interior design and home décor there’s a rising demand for ornamental indoor plants. Bonsai trees adds to the beautification of the indoor spaces along with peace and tranquility. They provide elegancy to home, office, and living spaces. The artistic appeal, and versatility provide admiration to the homeowners, interior designers, hobbyists, and gardening enthusiasts boosting the growth of the bonsai market

Inadequate Natural resources: The soucres of bonsai trees are basically from natural resources such as mature trees or saplings which are cautiously nurtured for extra hours. On the other hand inadequate species, especially old samplings with necessary characteristics obstruct the supply of bonsai trees and restrict the growth of the market.

Bonsai Market Segmentation

Our experts at KD Market Insights have segmented the global Bonsai market research report as :

Bonsai Market Regional Synopsis

The Asia Pacific Bonsai market is majorly driven by the presence of a strong culture amongst the countries present in the region as bonsai is regarded as an esteemed art form with centuries of tradition. Besides this, the growing awareness for mental well-being among the population and the fact that bonsai offers a therapeutic and meditative hobby in promoting mindfulness is also expected to contribute to the market growth in the region.

As per our analysts at KD Market Insights, the following five players lead the Asia Pacific Bonsai market growth:

• Bonsai Eejay
• Bonsai Asia
• Bonsai Garden World
• Bonsai Japan
• Bonsai Nursery Malaysia

Bonsai Market Competitive Landscape

Some of the key players who top the global Bonsai market share:

• Ganga Nursery
• GardenShop
• Bonsai New Zealand
• Kaizen Bonsai Ltd.
• Bonsaischule Wenddorf
• Loder Bonsai BV
• Bonsai outlet
• Shri Hare Krishna Nursery Farm
• The Greenhouse
• Jack Rost
• HIMALAYA AGRO FARMS
• Bonsai Design, Inc.
• Nazmin Nursery
• Bonsai Network Japan
• Agri Care Consultancy Farm And Nursery
• Fern Valley Bonsai
• The Bonsai Company Ltd
• Grow Green Bonsai

Bonsai Market Recent Developments

• A $13.5 million funding has been stated by the Bonsai Robotics to quicken the startup production for its automation tool for nut orchards.
• Longwood Gardens shared that it has received a transformative gift and bequest from the founder of the Kennett collection. The gift consists of two parts, namely, an initial gift of 50 bonsai plants that would be given over 2 years’ time frame, and the second gift is a bequest, which would contain 100 additional specimens that are rare in nature.