| Product Code: ETC5830124 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of North Macedonia continues to see a strong demand for artificial flower imports, with top exporting countries including China, Turkey, Thailand, Hong Kong, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. The impressive compound annual growth rate (CAGR) of 24.9% from 2020 to 2024 highlights the increasing popularity of artificial flowers in the region. Moreover, the robust growth rate of 42.65% from 2023 to 2024 suggests a thriving market with significant opportunities for further expansion and development in the artificial flower industry in North Macedonia.

The Artificial Flower market in North Macedonia is projected to grow at a growing growth rate of 9.96% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Artificial Flower Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Artificial Flower Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Artificial Flower Market - Industry Life Cycle |
3.4 Republic of Macedonia Artificial Flower Market - Porter's Five Forces |
3.5 Republic of Macedonia Artificial Flower Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Republic of Macedonia Artificial Flower Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Artificial Flower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for artificial flowers due to their long-lasting nature and low maintenance requirements |
4.2.2 Increasing adoption of artificial flowers in home decor and event decorations |
4.2.3 Rising trend of gifting artificial flowers for special occasions |
4.3 Market Restraints |
4.3.1 Competition from fresh flower market |
4.3.2 Concerns regarding environmental impact of artificial flowers |
4.3.3 Fluctuating raw material prices affecting production costs |
5 Republic of Macedonia Artificial Flower Market Trends |
6 Republic of Macedonia Artificial Flower Market Segmentations |
6.1 Republic of Macedonia Artificial Flower Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Clay & Porcelain, 2021-2031F |
6.1.3 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Cotton & Silk, 2021-2031F |
6.1.4 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Leather & Nylon, 2021-2031F |
6.1.5 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Paper & Wax, 2021-2031F |
6.1.6 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Plastic & Polyester, 2021-2031F |
6.2 Republic of Macedonia Artificial Flower Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Republic of Macedonia Artificial Flower Market Revenues & Volume, By Residential, 2021-2031F |
7 Republic of Macedonia Artificial Flower Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Artificial Flower Market Export to Major Countries |
7.2 Republic of Macedonia Artificial Flower Market Imports from Major Countries |
8 Republic of Macedonia Artificial Flower Market Key Performance Indicators |
8.1 Customer satisfaction index based on product quality and variety |
8.2 Percentage of repeat customers indicating brand loyalty |
8.3 Average order value reflecting customer spending behavior |
9 Republic of Macedonia Artificial Flower Market - Opportunity Assessment |
9.1 Republic of Macedonia Artificial Flower Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Republic of Macedonia Artificial Flower Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Artificial Flower Market - Competitive Landscape |
10.1 Republic of Macedonia Artificial Flower Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Artificial Flower Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |