Press release
Global Cut Flowers Market: Surging Market Size, Growth Rate, Key Drivers, and Upcoming Trends
Global Cut Flowers Market
What Is The Projected Market Size Of The Global Cut Flowers Market And Its Growth Rate?
The global cut flowers market has witnessed notable growth recently and continues to grow steadily.
•The market grew from $35.44 billion in 2024 to $37.41 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.6%.
•The cut flowers market is expected to surge to $47.43 billion in 2029, marking a CAGR of 6.1%.
This significant market growth reflects cultural and social traditions, increased e-commerce operations, floral gifting practices, and industry expansion.
What Is Driving The Growth In The Cut Flowers Market?
A significant driver of the cut flowers market growth is the increased spending on wedding decorations. Wedding decorations leverage various decorative elements like floral arrangements, lighting, table centerpieces, and backdrops to enhance the ambiance of wedding venues. The emphasis couples put on personalizing wedding experiences fuels the market for wedding décor, where cut flowers play a pivotal role. For instance, a 2024 survey by The Knot Worldwide reported an average spending of $35,000 on combined wedding ceremonies and receptions in 2023, a $5,000 increase from the previous year. Nearly 30% of couples incorporated eco-friendly elements into their weddings, contributing to the growth of the cut flower market.
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Who Are the Key Players Driving Cut Flowers Market Growth?
Key players in the cut flowers market include:
•Syngenta Flowers
•Flower Auction Aalsmeer
•Flamingo Horticulture Holdings Limited
•Sher Holland BV
•Selecta One Group
•MultiFlora Ltd.
•Dümmen Orange Holding B.V.
•Red Lands Roses Ltd.
•Washington Bulb Company Incorporated
•Soex Flora Group B.V.
What Are The Key Trends In The Cut Flowers Market?
Key market trends include:
•Technological advancements in cultivation
•Innovations in flower varieties and genetics
•Rise in online flower purchases
•Popularity of locally grown flowers
•An increased focus on flower longevity
What Are The Segments Of The Global Cut Flowers Market?
The cut flowers market is segmented by -
1)Flower Type: Rose, Chrysanthemum, Carnation, Gerbera, Lilium, Other Flower Types
2)Application: Personal Use, Parties And Special Days, Wedding And Mega Cultural Events, Welcoming And Greeting, Conference And Activities, Other Applications
3)Distribution Channel: Supermarkets And Hypermarkets, Specialty Store Or Florists, Online Retail, Other Distribution Channels
Which Region Leads The Cut Flowers Market?
Europe led the cut flowers market in 2024, with other regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa also contributing significantly to the global cut flowers market.
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What Is Covered In The Cut Flowers Market Global Market Report?
• Market Size Analysis: Analyze the Cut Flowers Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Cut Flowers 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 Cut Flowers Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Cut Flowers Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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