Press release
Global Floriculture Market has witnessed impressive growth, reaching a value from USD 54.59 Bn in 2022 and reach USD 94.16 Bn by 2029, with a CAGR of 8.1 Percent. Cut flowers have emerged as the dominant segment in the Floriculture market.
Floriculture Market
Floriculture, a discipline of horticulture, encompasses the cultivation and marketing of flowers and ornamental plants. The industry comprises greenhouse and field production of floral and ornamental plants, including bedding plants, houseplants, cut cultivated greens, pot plants, and cut flowers. Flowers are not only used for decoration and aesthetics but also play a significant role in exchanging greetings and symbolizing prosperity and well-being. The global floriculture market is benefitting from the increasing demand for flowers across various applications.
The report provides a comprehensive analysis of the Floriculture market based on a robust research methodology. It combines primary and secondary research, incorporating data from market participants and historical analysis. The report includes tools like PORTER and PESTEL analysis to evaluate market dynamics and assess the potential impact of micro-economic factors. Competitive analysis of key players based on product, price, financial position, product portfolio, growth strategies, and regional presence is provided. The report aims to equip decision-makers with a clear understanding of market dynamics, structure, and future trends.
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What are Floriculture Market Dynamics:
The Floriculture market is experiencing steady growth due to factors such as changing consumer lifestyles and the growing use of flowers for conferences and activities, personal use, and gifts. The online and offline distribution channels have contributed to the increasing sales of flowers worldwide. Major floral events like Valentine's Day, Christmas, and Mother's Day drive significant revenue for the floriculture industry. According to a report, specific occasions account for 77 percent of flower purchases, with birthdays and anniversaries representing 29 percent of annual sales.
The adoption of biotechnology solutions in floriculture, including genetic modification to enhance color, shape, postharvest life, and resistance to stress and insects, has fueled the demand for flowers. Biotechnological advancements enable flowers to thrive in extreme climatic conditions, reduce risks for flower producers, and introduce disease-resistant varieties. Additionally, the growth of the e-commerce industry, along with internet and smartphone penetration, has boosted the floriculture market. Virtualized trade networks streamline logistics coordination and provide real-time information, facilitating smooth and cost-effective distribution of floriculture products.
Floriculture Market Regional Insights:
The Asia-Pacific region leads the global Floriculture market, accounting for 35 percent of the market share in 2022. The region is witnessing increased demand for flowers from consumers, coupled with rising production in countries like India and China. North America is expected to experience substantial growth, primarily driven by the shift in consumer preferences from traditional flowers to cut flowers. Europe is projected to grow at the highest CAGR of 8.3 percent during the forecast period, driven by increasing production and consumption of flowers. The launch of Dutch auctions, the largest trading system for flowers and plants in Europe, is expected to further boost the floriculture market in the region.
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What is Floriculture Market Segmentation:
By Type:
Cut Flowers
Bedding Plants
Potted Plants
Others
By Application:
Conference and Activities
Personal use
Gift
Others
By Sales Channel:
Direct
Indirect
By End Use:
Personal Use
Institutions/Events
Hotel, Reports & Spas
Industrial
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Who are Floriculture Market Key Players:
Kariki
2. Multiflora
3. Karen Roses
4. Harvest Flower
5. Queens Group
6. Ball Horticultural
7. Afriflora
8. Karuturi
9. Oserian
10.Selecta One
11.Washington Bulb
12.Arcangeli Giovanni & Figlio
13.Carzan Flowers
14.Rosebud
15.Benary
16.Danziger
17.Sakata
Table of content for the Floriculture Market includes:
Global Floriculture: Research Methodology
Global Floriculture Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Floriculture 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
Global Floriculture Market Segmentation
Global Market, by Type (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by Sales Channel (2022-2029)
Global Market, by End Use (2022-2029)
Regional Floriculture Market (2022-2029)
Regional Market, by Type (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by Sales Channel (2022-2029)
Regional Market, by End Use (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
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, Application, Sales Channel and End Use
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
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
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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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