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Floriculture Market Strategic Assessment & Swot Analysis 2020-2027

01-12-2021 07:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Floriculture Market

Floriculture Market

Floriculture is a branch of horticulture associated with the cultivation of flowering and ornamental plants to be utilized in various applications such as decoration and as raw material in personal care & cosmetics and pharmaceutical industry. In simple terms, floriculture can be defined as art and knowledge of growing flowers with perfection. Over 140 countries are involved in the field of commercial floriculture across the globe.

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Based on application, floriculture market is bifurcated into decoration and industrial segments. In industrial segment, floriculture finds its application in cosmetics, perfumes, and pharmaceutical industry. In 2018, decoration segment held dominant position in the global floriculture market and contributed 75.4%, in terms of revenue.

Among regions, in 2018, Europe held dominant position in the global floriculture market and contributed revenue share of 40.3%. Factors such as increasing production of cut flowers plants and pot plants in the region is predicted to major driver for the growth of Europe floriculture market in the near future.

Detailed Segmentation:

Global Floriculture Market, By Product Type:
Cut Flowers
Pot Plants
Cut Foliage
Bedding Plants
Others

Global Floriculture Market, By Application:
Decoration
Industrial

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Major players operating in the global floriculture market are The Kariki Group, Dummen Orange, Syngenta Flowers. Inc., Karuturi Global Limited, Oserian Development Company Limited, Selecta Klemm GmbH & Co. KG., Marginpar BV, Ruparelia Group, Multiflora Ltd., and Karen Roses.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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