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The Surging Demand For Indoor Plants And Flowers Transforms The Flower And Ornamental Plant Market: A Significant Driver Propelling The Flower and Ornamental Plant Market In 2025
Flower and Ornamental Plant
How Big Is the Flower and Ornamental Plant Market Size Expected to Be by 2034?
Over the past few years, the flower and ornamental plant market has demonstrated robust growth. It's projected to increase from $46.31 billion in 2024 to $50.17 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.4%. This significant increase during the historical period is associated with factors such as cultural and religious importance, landscaping and city beautification efforts, event decoration, commemorative and burial customs, and advancements in horticulture.
The market size of flowers and ornamental plants is anticipated to witness notable expansion in the coming years, expected to rise to $76.18 billion by 2029, with a CAGR of 11.0%. The anticipated growth during the forecast period can be linked to economic expansion, increased disposable income, practices of sustainable and local sourcing, influence of social media, community gardens and green spaces, and escalating urbanization. The forecast period is also likely to see significant trends such as online and direct-to-consumer sales channels, technology-driven virtual floral experiences, personalized flower arrangements, innovative advancements in indoor gardening products, and popularity of drought-tolerant and low-maintenance plants.
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What Are the Emerging Segments Within the Flower and Ornamental Plant Market?
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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What Long-Term Drivers Are Shaping Flower and Ornamental Plant Market Trends?
The surge in demand for indoor flora in residential areas is predicted to trigger the expansion of the flower and ornamental plant market in the future. Indoor flora embraces plants nurtured in enclosed spaces like homes and workplaces. These ornamental plants, preferred for year-round cultivation as they thrive in warm climates, offer a myriad of benefits. They can alleviate stress, enhance creativity, productivity, and focus. As long as they are exposed to ample sunlight, these plants can be maintained indoors. For instance, in April 2023, the National Gardening Association, a US gardening body, stated that over a third of households plan to increase their expenditure on lawn and gardening products in 2023, compared to their spending in 2022. Thus, the escalating residential demand for indoor flora is fueling the growth of the flower and ornamental plant market.
Who Are the Top Competitors in Key Flower and Ornamental Plant Market Segments?
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
What Are the Latest Developing Trends in the Flower and Ornamental Plant Market?
Hybridization and biotechnology have emerged as significant trends within the flower and ornamental plant industry. The leading players in this sector are increasingly focusing on the introduction of ornamental plants derived through hybridization and biotechnology, such as Pink Kisses and other varieties, to maintain their market standing. For example, Somani Seeds, a vegetable seed company based in India, introduced a novel hybrid carrot variety named Red Queen in July 2022. This new carrot variety is a substitute for the less sweet, orange-colored Nantes carrot of English origin, which also possesses a shorter shelf life.
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Which Regions Are Becoming Hubs for Flower and Ornamental Plant Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Flower and Ornamental Plant Market?
2. What is the CAGR expected in the Flower and Ornamental Plant Market?
3. What Are the Key Innovations Transforming the Flower and Ornamental Plant Industry?
4. Which Region Is Leading the Flower and Ornamental Plant Market?
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