Press release
The Global Cut Flower Market, a vital segment of the floral industry, is poised for significant growth, with a market value of USD 35.8 Bn in 2022 and an expected CAGR of 4.8 Percent from 2023 to 2029, reaching nearly USD 49.71 Bn
Cut Flower Market Report Scope and Research Methodology:The market for cut flowers is geographically diverse, with major production and consumption centers spread across different regions. Key players in cut flower production and trade include the Netherlands, Colombia, Ecuador, Kenya, Ethiopia, and several other countries with favorable climatic conditions for flower cultivation.
The research on the cut flower market utilized both primary and secondary data sources to collect relevant information. The study examined all possible factors influencing the market in-depth and validated the findings through primary research. The market size and forecast were estimated using the bottom-up approach and multiple data triangulation methodologies.
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Cut Flower Market Dynamics:
Factors driving the growth of the cut flower market include the increased consumer spending, changing lifestyles, and the growing popularity of floral arrangements in events. Advancements in transportation and logistics have also improved the availability of a wide variety of cut flowers throughout the year.
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The cut flower market is highly competitive, with key players such as Dümmen Orange, Oserian Development Company Ltd., Karuturi Global Ltd., Floret LLC, Danziger, and Selecta Cut Flowers leading the industry. These companies focus on developing new flower varieties, implementing sustainable cultivation practices, and expanding their market reach through partnerships and collaborations.
Cut Flower Market Regional Insights:
Regionally, North America, Europe, Asia Pacific, the Middle East and Africa, and South America are the key markets for cut flowers. North America is projected to grow at a CAGR of 6.5 percent, followed by Europe at 5.8 percent, Asia Pacific at 7.2 percent, the Middle East and Africa at 4.6 percent, and South America at 5.3 percent during the forecast period.
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Cut Flower Market Segmentation:
By Type:
1. Rose
2. Lilies
3. Carnations
4. Chrysanthemums
5. Tulips
6. Others (including daisies, sunflowers, orchids, and irises)
By Colour:
1. Red
2. Yellow
3. Pink
4. White
5. Others (including orange, purple, and blue)
By Application:
1. Decorative
2. Gifting
3. Memorial
4. Others (including religious and cultural events)
By Distribution Channel:
1. Supermarkets and hypermarkets
2. Specialty stores/florists
3. Online retail
4. Others
By Occasion:
1. Weddings
2. Festivals
3. Other Events
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Cut Flower Market Key Competitors include:
1.1-800-Flowers - United States
2.Interflora - United Kingdom
3.FTD Companies - United States
4.Euroflorist - Sweden
5.Fleurop - Germany
6.Teleflora - United States
7.FloraQueen - Spain
8.Bloom & Wild - United Kingdom
9.Daoflowers - China
10.Aquarelle - France
11.The Bouqs Company - United States
12.FloraHolland - Netherlands
13.ProFlowers - United States
14.Flowers24Hours.co.uk - United Kingdom
15.Flowers for Dreams - United States
16.Flowerbx - United Kingdom
17.Bloomon - Netherlands
18.Flowers Direct - Ireland
19.Roses Only - Australia
20.Roses and More - South Africa
21.Flower Delivery Express - United States
22.LongStems - United States
23.Teleflorist - Ireland
24.Flowers on First - New Zealand
25.Israflower - Israel
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Table of Content for Cut Flower Market
1. Global Cut Flower Market: Research Methodology
2. Global Cut Flower Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Cut Flower Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Cut Flower Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Colour (2022-2029)
• Global Market, by Application (2022-2029)
• Global Market, by Distribution Channel (2022-2029)
• Global Market, by Occasion (2022-2029)
5. Regional Cut Flower Market (2022-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Colour (2022-2029)
• Regional Market, by Application (2022-2029)
• Regional Market, by Distribution Channel (2022-2029)
• Regional Market, by Occasion (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type, Colour, Application, Distribution Channel and Occasion
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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