Press release
Floriculture Market: Blooming Trends and Growth in Global Flower Culture (2023-2029)
Blossoming Success: Floriculture Market Hits $54.59 Billion in 2022 with Cut Flowers Taking Center StageIn a blooming achievement, the global Floriculture Market has reached a staggering value of US $54.59 billion in 2022, with the cut flower segment emerging as a dominant force in the industry.
Floriculture Market Dynamics:
The floriculture market is on an upward trajectory, driven by shifting consumer lifestyles and the growing utilization of flowers for various applications such as conferences, personal use, and gifts. Notably, the online and offline sales channels are witnessing a surge in flower purchases, with key events like Valentine's Day, Christmas, and Mother's Day accounting for a significant chunk of annual revenues.
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Floriculture Market Scope:
Maximize Market Research's Floriculture Market Report provides a comprehensive analysis of the market, using a dynamic research methodology. The report covers major growth drivers, market dynamics, challenges, and scope, as well as PESTLE, Porter, and SWOT analyses. It also includes information on the latest developments and technologies in the global Floriculture market.
The report provides detailed information on the global Floriculture market, including market shares, supply chain analysis, and key success factors. It also includes the opinions of industry experts from top leading organizations in the global Floriculture market.
Segmentation Analysis:
by Type
Cut Flowers
Bedding Plants
Potted Plants
Others
The Floriculture Market is Divided Into Cut Flowers, Bedding Plants, Potted Plants, and Others Depending on the Type. In 2022, the Cut Flowers segment accounted for 83% of the market share, the largest share. Due to their attractiveness and pleasant scent, cut flowers are becoming more and more popular with consumers, which is responsible for the segment's growth. Cut flowers are also resistant to disease and pests, and they are simple to handle and harvest.
by Application
Conference and Activities
Personal use
Gift
Others
The Floriculture Market is divided into conferences and activities, personal use, gift, and others categories based on the application. In 2022, the Gift category accounted for 57% of the market share. The increased use of flowers as gifts for holidays, birthdays, mother's day, Valentine's Day, and other special occasions is responsible for the growth of the gift segment and is driving the floriculture market globally. In 2022, 20% of all flowers and ornamental plants sold worldwide will be bought as gifts, 20% will be bought for weddings or funerals, and 20% will be bought for the home or workplace, according to a report.
by Sales Channel
Direct
Indirect
by End Use
Personal Use
Institutions/Events
Hotel, Reports & Spas
Industrial
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Key Players are:
1. 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
Regional Analysis
The report provides the statistical market growth data for every influencing economy in the global Floriculture market. The various countries like North America, Asia-Pacific, Europe, Latin America, and MEA are considered while preparing report. All the emerging trends with population growth along with government strategies and regulations are covered in the report. The final conclusion part of regional insights consists, of all economies' in the market influencing data in the form of historical as well as forecasted period.
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Key Questions answered in the Floriculture Market Report are:
What is the forecast period of the Floriculture Market?
What is the competitive scenario of the Floriculture market?
Which region held the largest market share in the Floriculture Market?
What are the opportunities for the Floriculture Market?
What are the restraining factors in the Floriculture market?
Who are the key players of the Floriculture market?
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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 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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