Floriculture Market Poised for Remarkable Growth Projected to Reach USD 101.79 Billion by 2030 at an 8.1% CAGR

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The global floriculture market is projected to witness substantial growth over the coming years, driven by increasing demand for ornamental plants and flowers in residential and commercial sectors. With a market size valued at USD 59.01 billion in 2023, the floriculture industry is expected to grow at a CAGR of 8.1% during the forecast period of 2024 to 2030, reaching approximately USD 101.79 billion by 2030. This press release highlights the growth dynamics, country-specific insights, and major developments shaping the global floriculture market.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/23982/
𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam has emerged as a key player in the global floriculture market, owing to its favorable climatic conditions and increasing investments in horticultural research. The country's export of flowers and ornamental plants has seen consistent growth, with major markets being Japan and South Korea. Recent partnerships, such as the collaboration between 𝐃𝐚𝐥𝐚𝐭 𝐇𝐚𝐬𝐟𝐚𝐫𝐦 and international distributors, underscore Vietnam's growing potential in the global market.

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's floriculture sector is thriving due to its rich biodiversity and government-backed initiatives to promote exports. The Thai Orchid Export Association reported a 15% increase in orchid exports in 2023. Companies like 𝐏.𝐒. 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 are leading the market by adopting sustainable farming practices and modern greenhouse technologies.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan continues to be a significant consumer and exporter of high-quality flowers. The Japanese market focuses on advanced breeding techniques and high-value ornamental plants. 𝐒𝐮𝐧𝐭𝐨𝐫𝐲 𝐅𝐥𝐨𝐰𝐞𝐫𝐬 𝐋𝐭𝐝., a major player in the region, introduced innovative products in 2024 to cater to changing consumer preferences. The country's floriculture exports grew by 7% last year, driven by increasing demand in Europe and North America.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/23982/

𝐂𝐡𝐢𝐧𝐚'𝐬 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞

China dominates the global floriculture market with extensive production capacities and rising domestic consumption. Mergers such as the partnership between 𝐊𝐮𝐧𝐦𝐢𝐧𝐠 𝐘𝐮𝐧𝐧𝐚𝐧 𝐅𝐥𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 and Dutch horticulture firms have strengthened its global presence. The Chinese government's support through subsidies for greenhouse construction is further propelling the industry's growth.

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's floriculture market is characterized by innovation and diversification. The introduction of smart farming technologies by companies like 𝐊𝐨𝐫𝐞𝐚 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐈𝐧𝐜. has enhanced productivity. Recent developments include the establishment of export agreements with Southeast Asian countries, contributing to a 10% increase in flower exports in 2023.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞

Despite its limited land area, Singapore has become a hub for floriculture imports and exports. Companies such as 𝐅𝐚𝐫 𝐄𝐚𝐬𝐭 𝐅𝐥𝐨𝐫𝐚 have leveraged advanced logistics networks to distribute flowers across Asia. Singapore's floriculture industry witnessed a 12% growth in 2023, driven by high demand for luxury floral arrangements.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/23982/

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

The US floriculture market is one of the largest globally, valued at USD 12 billion in 2023. The increasing popularity of indoor plants and sustainable floral products has driven market growth. Key players like 𝐓𝐡𝐞 𝐁𝐨𝐮𝐪𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 and 1-800-𝐅𝐥𝐨𝐰𝐞𝐫𝐬.𝐜𝐨𝐦 have invested heavily in e-commerce platforms to cater to evolving consumer demands. The country also saw significant mergers, such as FTD Companies partnering with European floral distributors.

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe remains the largest market for floriculture, accounting for nearly 40% of global exports. The Netherlands, Germany, and Italy are the leading contributors. Companies like 𝐑𝐨𝐲𝐚𝐥 𝐅𝐥𝐨𝐫𝐚𝐇𝐨𝐥𝐥𝐚𝐧𝐝 dominate the European market with innovative auction systems and extensive distribution networks. Sustainability trends, such as the use of biodegradable packaging by 𝐈𝐧𝐭𝐞𝐫𝐠𝐫𝐞𝐞𝐧, have been pivotal in reshaping consumer preferences.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

𝐑𝐨𝐲𝐚𝐥 𝐅𝐥𝐨𝐫𝐚𝐇𝐨𝐥𝐥𝐚𝐧𝐝 introduced a blockchain-based trading platform in 2024 to streamline transactions and enhance transparency.

𝐊𝐮𝐧𝐦𝐢𝐧𝐠 𝐘𝐮𝐧𝐧𝐚𝐧 𝐅𝐥𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 expanded its global operations by acquiring a 30% stake in a leading Kenyan floriculture firm.

𝐒𝐮𝐧𝐭𝐨𝐫𝐲 𝐅𝐥𝐨𝐰𝐞𝐫𝐬 𝐋𝐭𝐝. announced the launch of drought-resistant flower varieties, catering to regions facing water scarcity.

𝐅𝐚𝐫 𝐄𝐚𝐬𝐭 𝐅𝐥𝐨𝐫𝐚 opened new logistics hubs in Malaysia and Indonesia to meet growing regional demand.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝:https://www.maximizemarketresearch.com/market-report/global-floriculture-market/23982/

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐛𝐲 𝐓𝐲𝐩𝐞

Cut Flowers
Bedding Plants
Potted Plants
Others

𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Conference and Activities
Personal use
Gift
Others

𝐅𝐥𝐨𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

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

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