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A Deep Dive into Cut Flowers Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Cut Flowers Market Size
The increase in expenditure on marital decor is predicted to spur the expansion of the cut flowers industry in the future. Marital decor involves various ornamental details that amplify the aesthetic aspect and vibes of a wedding location, incorporating aspects like floral displays, illumination, table adornments, backgrounds, tablecloths, and ceremonial arcades. Expanding demand and expenditure on marital decor stem from duos desiring customized, unforgettable experiences and distinctive aesthetics that mirror their individual style, thereby invigorating the marital decor industry. Cut flowers serve as a popular choice in weddings for floral bouquets, table decor, and location ornamentation, contributing sophistication, hue, and an organic aesthetic to the occasion. For example, as per a survey conducted in February 2024 by The Knot Worldwide, a US-centric wedding planning enterprise, covering 9,318 wedded couples in the US, the average cost for combined marital ceremonies and parties in 2023 escalated to $35,000 - a rise of $5,000 from 2022. Moreover, 30 percent of the couples introduced eco-friendly or sustainable components into their weddings, inclusive of flowers and settings. Therefore, the accelerating expenditure on marital decor will invigorate the cut flowers industry.
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What Is the projected market size and growth rate for the cut flowers market?
The market size for cut flowers has seen a significant increase in the recent past. The market is anticipated to expand from $35.44 billion in 2024 to $37.41 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.6%. Several factors have contributed to the growth during this historical period, including cultural and social customs, the tradition of gifting flowers, the development of global supply chains, the growth of the floriculture industry, and the rise of online sales platforms.
The market size of cut flowers is anticipated to experience substantial growth in the upcoming years, with predictions estimating it to reach $47.43 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.1%. The growth during the forecast period can be attributed to the increasing demand for local and sustainable products, changes in consumer trends towards online shopping, customization, personalization, health and wellness, as well as partnerships with florists and retailers. Dominant trends during the forecast period include advancements in cultivation technology, the introduction of innovative flower varieties and genetics, the surge in online flower shopping, the rising popularity of locally sourced flowers, and an increased emphasis on flower longevity.
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What new trends are reshaping the cut flowers market and its opportunities?
Leading businesses in the cut flowers market are striving to create innovative floral designs like genetically engineered flowers for competitive advantage. A flower that has been genetically modified is a plant in which genetic engineering techniques have been used to incorporate preferred traits. For example, in August 2023, Suntory Flowers, a US-based flower creativity firm, introduced the BluOcean Chrysanthemum. This genetically modified flower was developed in partnership with Japan's National Agriculture and Food Research Organization and features a blend of violets and blues. The BluOcean Chrysanthemum has been specially designed for professional florists seeking to enhance their floral arrangements, featuring improved color traits such as violets, blues, and lavenders.
What major market segments define the scope and growth of the cut flowers market?
The cut flowers market covered in this report is segmented -
1) By Flower Type: Rose, Chrysanthemum, Carnation, Gerbera, Lilium, Other Flower Types
2) By Application: Personal Use, Parties And Special Days, Wedding And Mega Cultural Events, Welcoming And Greeting, Conference And Activities, Other Applications
3) By Distribution Channel: Super markets And Hyper markets, Specialty Store Or Florists, Online Retail, Other Distribution Channels
Subsegments:
1) By Rose: Hybrid Tea Roses, Floribunda Roses, Grandiflora Roses, Climbing Roses, Miniature Roses, Spray Roses
2) By Chrysanthemum: Spider Mums, Pompon Mums, Daisy Mums, Decorative Mums, Cushion Mums
3) By Carnation: Standard Carnations, Mini Carnations, Spray Carnations
4) By Gerbera: Standard Gerbera, Mini Gerbera
5) By Lilium: Asiatic Lilies, Oriental Lilies, Trumpet Lilies, LA Hybrids (Lilium Asiatic x Lilium Longiflorum)
6) By Other Flower Types: Tulips, Orchids, Sunflowers, Lilacs, Daffodils, Lavender, Iris, Alstroemeria, Peonies, Anemones
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Which region dominates the cut flowers market?
Europe was the largest region in the cut flowers market in 2024. The regions covered in the cut flowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the cut flowers industry growth?
Major companies operating 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., David Austin Roses Limited, Royal Van Zanten, Dos Gringos LLC, Esmeralda Farms Inc., Oserian Development Company Limited, The Queen's Flowers SAS, Selecta Cut Flowers SAU, Kariki Limited, Karen Roses Ltd., Florius Flowers, James Finlay & Co., Marginpar B.V., Rosebud Holdings Limited, Afriflora Sher Ethiopia plc, Florance Flora LLP, Beekenkamp Group, Karuturi Global Limited, Kwekerij De Ruiter, Ambuja Flower Farm
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What Is Covered In The Cut Flowers Global Market Report?
•Market Size Forecast: Examine the cut flowers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cut flowers market for a structured understanding.
•Key Players Overview: Analyze major players in the cut flowers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cut flowers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cut flowers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cut flowers market.
•Industry Challenges: Identify potential risks and obstacles affecting the cut flowers market.
•Competitive Landscape: Review strategic developments in the cut flowers market, including expansions, agreements, and new product launches.
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