Strong Growth Ahead: Cut Flowers Market Size To Grow At Arecord 6.1% Cagr By 2029

The Cut Flowers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Cut Flowers Market?
In recent times, the market size for cut flowers has seen robust growth. The market is projected to escalate from $35.44 billion in 2024 to $37.41 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. This growth during the historic period can be credited to cultural and social customs, practices of gifting flowers, the impact of globalization and advancements in the supply chain, the expansion of the floriculture industry, and the emergence of e-commerce platforms.

Expectations are high for the cut flowers market size to experience robust growth in the forthcoming years. The market is projected to reach $47.43 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this growth during the forecast period include the escalating demand for local and sustainable products, consumers' shifting preferences towards online purchases, customization and personalization, health and wellness, as well as partnerships with florists and retailers. The future trends to look out for during the forecast period comprise technological breakthroughs in cultivation, novel flower varieties and genetic innovation, a surge in online flower shopping, the growing popularity of locally sourced flowers, and an enhanced emphasis on flower durability.

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What Are the Different Cut Flowers Market Segments?
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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What Are the Primary Drivers Shaping the Cut Flowers Market?
The cut flower market is predicted to grow due to the rising expenditure on wedding decor. Wedding decor encompasses various visually enhancing components that improve the serenity and appeal of a wedding venue such as floral patterns, lights, table décor, backdrops, cloths, and celebratory arches. The surge in demand and spending on these wedding decorations is incited by couples striving for personalized and unforgettable moments and distinct aesthetics that portray their unique style, thus catalyzing the growth of the wedding decor industry. Cut flowers form a crucial part of a wedding, used in bouquets, centerpieces and venue decoration, offering a touch of class, palette of colors and an organic appeal to the occasion. For instance, a survey performed by The Knot Worldwide, a wedding planning company based in the US, reported that out of 9,318 US couples married in February 2024, the average spend on combined wedding ceremonies and receptions in 2023 was $35,000 - a $5,000 increase from 2022. Furthermore, 30% of those couples adopted eco-friendly or sustainable elements for their weddings including flowers and décor. Consequently, the escalating outlay on wedding decor is likely to boost the cut flower market.

Which Companies Are Leading in the Cut Flowers Market?
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

What Trends Are Expected to Dominate the Cut Flowers Market in the Next 5 Years?
Top players in the cut flowers industry are striding forward with innovative creations such as genetically altered flowers, in a bid to achieve market supremacy. A genetically engineered flower is an example of a plant whose genetic makeup has been modified through scientific methods to exhibit certain desirable traits. To illustrate, in August 2023, Suntory Flowers, a creative flower developer based in the US, introduced the BluOcean Chrysanthemum. This flower, engineered with violets and blues, was created in partnership with the National Agriculture and Food Research Organization in Japan. The BluOcean Chrysanthemum, showcasing improved colors like violets, blues, and lavenders, has been custom-designed for professional florists keen on enhancing their floral designs.

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What Are the Top Revenue-Generating Geographies in 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cut Flowers Market?
2. What is the CAGR expected in the Cut Flowers Market?
3. What Are the Key Innovations Transforming the Cut Flowers Industry?
4. Which Region Is Leading the Cut Flowers Market?

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