Press release
North America Cut Flowers Market Overview, Recent and Upcoming Trends, Segmentation, International Players, Demand and Forecast to 2027
The cut flower market in North America is expected to grow from US$ 10,771.21 million in 2019 to US$ 14,496.97 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027. E-commerce purchases are on the rise, which can be an opportunity for the flower industry. The number of retailers (florists, large supermarkets and online specialists) selling flowers through the internet is increasing. The assortment of flowers that can be purchased online is also growing. The internet is the fastest growing market outlet in many European countries, although current market shares are typically below 10%. The online sales trend increases the importance of product uniformity, supply chain efficiency and information exchange standards. It is expected that online sales of cut flowers (both bouquets, mono-bunches and individual flowers) will further increase in the future.To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @: https://www.businessmarketinsights.com/sample/TIPRE00016243?utm_source=OpenPR&utm_medium=10279
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Cut Flowers market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Cut Flowers market?
4. What are the prominent market trends influencing the development of the Cut Flowers market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Cut Flowers market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Cut Flowers market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Cut Flowers market segments and regions.
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