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Flower and Ornamental Plant Market: Exploring Growth Factors, Key Trends, and Market Size Forecasts

01-30-2025 05:55 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Flower and Ornamental Plant Market

Flower and Ornamental Plant Market

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Flower and Ornamental Plant Market Poised for Robust Growth; CAGR set to Reach 11.0% by 2029 with a Burgeoning Shift towards Sustainable and Local Sourcing

What Is The Projected Market Size Of The Global Flower and Ornamental Plant Market And Its Growth Rate?
The global Flower and Ornamental Plant Market has been showcasing a strong growth trajectory with significant market size increments. Key statistics include:
• 2024 Market Size: $46.31 billion
• 2025 Market Size: $50.17 billion (8.4% CAGR)
• 2029 Market Size: $76.18 billion (11.0% CAGR)
This growth can be attributed to the rise in sustainable and local sourcing practices, increased disposable incomes, urbanization, and the significant impact of social media influence among other key drivers.

What Is Driving The Growth In The Flower and Ornamental Plant Market?
The burgeoning demand for indoor plants and flowers in residential sectors is propelling the growth of the market. Indoor ornamental plants are being increasingly adopted in homes and offices for their myriad benefits including stress reduction and creativity boost. For instance, according to National Gardening Association, over one-third of households planned to spend more on lawn and gardening products in 2023 than in 2022, indicating a potential drive in market growth.

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Who Are the Key Players Driving Flower and Ornamental Plant Market Growth?
Key companies in this division include
• Syngenta Flowers
• Selecta Klemm GmbH & Co. KG
• Monrovia Nursery Co
• Kurt Weiss Greenhouses Inc
• Ball Horticultural Company
• Suntory Flowers Ltd
• Sakata Seed

And many more.

What Are The Key Trends In The Flower and Ornamental Plant Market?
Important market trends include:
• Rapid shift towards online and direct-to-consumer sales channels
• Rising influence of social media on floral choices
• Increasing preference for customization of flower arrangements
• Technological advancements for virtual floral experiences
• Demand for drought-tolerant and low-maintenance plants

What Are The Segments Of The Global Flower and Ornamental Plant Market?
The market can be broadly segmented into:
• By Type: Potted Plants, Cut Flowers
• By Distribution Channel: Offline, Online
• By End-Users: Commercial, Residential

Which Region Leads The Flower and Ornamental Plant Market?
Asia-Pacific stands as the largest region in the Flower and Ornamental Plant Market as of 2024. The report covers comprehensive regional analysis including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa - all of which contribute intricately to the global market dynamics.

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What Is Covered In The Flower and Ornamental Plant Market Global Market Report?


- Market Size Analysis: Analyze the Flower and Ornamental Plant Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flower and Ornamental Plant Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flower and Ornamental Plant Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flower and Ornamental Plant Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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