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Prominent Flower and Ornamental Plant Market Trend for 2025: Hybridization and biotechnology are the key trends gaining popularity in the flower and ornamental plant market. Major companies operating in the flower and ornamental plant sector are focused o
Flower And Ornamental Plant Market Size
The expected expansion of the flower and ornamental plant market is largely driven by increasing consumer interest in indoor plants and flowers for residential use. Homes and office spaces are popular spots for indoor plants and flowers, which are essentially ornamental plants that can thrive in warm indoor conditions throughout the year. Indoor plants offer several benefits, including stress reduction, creativity enhancement, and improved productivity and concentration. These plants are suitable for indoor conditions as long as they have sufficient sunlight. The National Gardening Association, a American gardening association, reported in April 2023 that over a third of households planned to increase their spending on lawn and gardening products in 2023, compared to 2022. In this context, the burgeoning popularity of indoor plants and flowers in residences contributes largely to the expansion of the flower and ornamental plant market.
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What is the projected compound annual growth rate (CAGR) of the flower and ornamental plant market from 2025 to 2034, and what factors influence it?
The market size for flowers and ornamental plants has witnessed a robust growth over the last few years. It is projected to expand from a value of $46.31 billion in 2024 to an increased value of $50.17 billion in 2025, marking a compound annual growth rate (CAGR) of 8.4%. The expansion during the historic period can be credited to factors such as cultural and religious importance, enhancements in landscape aesthetics and city beautification, decoration for events, memorial and funeral customs, and advancements in horticulture.
The market for flowers and decorative plants is projected to experience a swift expansion in the forthcoming years, reaching a value of $76.18 billion in 2029 with an 11.0% compound annual growth rate (CAGR). Economic advancement and disposable income, sustainable and local procurement, the sway of social media, community gardens and green zones, and the rise in urban areas are believed to be key driving factors for this growth during the prediction period. Notably, major trends during this period are expected to be online and direct to consumer sales platforms, technological advancements for virtual floral experiences, personalized flower arrangements, innovative indoor gardening items, and plants that are resilient to drought and require minimal maintenance.
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How are the latest trends influencing the growth of the flower and ornamental plant market?
The integration of hybridization and biotechnology is becoming increasingly prevalent in the flower and ornamental plant industry. The key players in this sector are focusing on the introduction of ornamental plants that have been produced through hybridization and biotechnology, such as Pink Kisses and other similar varieties, in order to maintain their market stance. For instance, Somani Seeds, a vegetable seed establishment based in India, unveiled a new hybrid carrot type called Red Queen in July 2022. This Red Queen carrot is an alternative to the less sweet, orange-colored Nantes carrot, which is an English variety with a shorter shelf life.
What are the major segments of the flower and ornamental plant market and their role in driving growth?
The flower and ornamental plant market covered in this report is segmented -
1) By Type: Potted Plants, Cut Flowers
2) By Distribution Channel: Offline, Online
3) By End-Users: Commercial, Residential
Subsegments:
1) By Potted Plants: Indoor Plants, Outdoor Plants, Perennials, Succulents And Cacti
2) By Cut Flowers: Roses, Tulips, Lilies, Carnations, Other Seasonal Flowers
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Which regions are key players in the growth of the flower and ornamental plant market?
Asia-Pacific was the largest region in the flowers and ornamental market in 2024. The regions covered in the flower and ornamental plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the flower and ornamental plant market?
Major companies operating in the flower and ornamental plant market include Syngenta Flowers, Selecta Klemm GmbH & Co. KG, Monrovia Nursery Co., Kurt Weiss Greenhouses Inc., Ball Horticultural Company, Suntory Flowers Ltd., Sakata Seed, Beekenkamp Group., Dümmen Orange, Florensis, Karuturi Global Ltd., Tagawa Greenhouses, Van Belle Nursery, KP Holland, Color Spot Nurseries, Oserian Development Company, Volmary GmbH, HilverdaFlorist, Ernst Benary Samenzucht GmbH, Florexpo LLC., Afriflora Sher Ethiopia, Butters Group, Chrysal International, Marginpar B.V., Arcangeli Giovanni and Figlio, Belaya Dacha Flowers, Fides Oro, Danziger Dan Flower Farm, Kapiteyn horticulture BV
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What Is Covered In The Flower and Ornamental Plant Global Market Report?
•Market Size Forecast: Examine the flower and ornamental plant market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the flower and ornamental plant market for a structured understanding.
•Key Players Overview: Analyze major players in the flower and ornamental plant market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the flower and ornamental plant market.
•Segment Contributions: Evaluate how different segments drive overall growth in the flower and ornamental plant market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the flower and ornamental plant market.
•Industry Challenges: Identify potential risks and obstacles affecting the flower and ornamental plant market.
•Competitive Landscape: Review strategic developments in the flower and ornamental plant market, including expansions, agreements, and new product launches.
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