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Global Cut Flowers Market Projected to Grow at 6.1% CAGR, Reaching $47.43 Billion by 2029

07-18-2025 11:32 AM CET | Food & Beverage

Press release from: The Business Research Company

Cut Flowers

Cut Flowers

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What Will the Cut Flowers Industry Market Size Be by 2025?
The market size for cut flowers has shown robust growth in recent years. The projection shows that it will expand from $35.44 billion in 2024 to $37.41 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. The marked growth during the historical period can be linked to factors such as cultural and social customs, the practice of giving flowers as gifts, the development of globalization and supply chains, the expansion of the floriculture industry, as well as the emergence of e-commerce platforms.

What's the Long-Term Growth Forecast for the Cut Flowers Market Size Through 2029?
In the ensuing years, the market size for cut flowers is predicted to witness a robust expansion. The market is estimated to swell to $47.43 billion in 2029, with a compound annual growth rate (CAGR) of 6.1%. Factors influencing this growth during the forecast duration include increased demand for both sustainable and locally-sourced products, a shift in consumer buying preferences toward online, customization, and personalization, as well as an overall focus on health and wellness coupled with collaborations with florists and retailers. The forecast period will also observe key trends such as technological progress in cultivation, innovative flowery variety and genetic enhancements, growth in online floral orders, the rising popularity of locally cultivated flowers, and a heightened attention to flower durability.

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What Are the Key Growth Drivers Fueling the Cut Flowers Market Expansion?
The increase in expenditure on wedding decor is set to boost the cut flowers market in the future. Wedding decorations encompass all the aesthetic elements that enhance the look and feel of a wedding venue, like floral settings, lighting, tabletop decorations, backdrops, tablecloths, and wedding arches. There has been a surge in demand and spending on wedding decorations, with couples aiming for personalized and unforgettable events with a distinctive aesthetic mirroring their personal style, thus catalyzing the growth of the wedding decor market. Variety of flowers are significantly utilized in weddings for bouquets, centerpieces, and venue decorations, imparting an elegance, vibrancy, and a fresh, natural appeal to the festivities. For example, a survey conducted by The Knot Worldwide, a wedding planning company based in the US, revealed that the mean expenditure on aggregate wedding ceremonies and receptions in 2023 crossed $35,000 in February 2024, which is $5,000 more than the expenditure in 2022.Among those surveyed, 30% couples incorporated environmentally friendly or sustainable components in their weddings, including flowers and decorations. Hence, the escalating expenditure on wedding decorations is poised to stimulate the cut flowers market.

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What Are the Key Trends Driving Cut Flowers Market Growth?
Leading businesses in the cut flowers sector are striving to create innovative floral products, such as genetically modified flora, to enhance their market advantage. These genetically modified flowers have been engineered to exhibit desired features or properties. For instance, Suntory Flowers, a US-based innovative flower manufacturer, unveiled the BluOcean Chrysanthemum in August 2023. Created in partnership with the National Agriculture and Food Research Organization in Japan, this genetically engineered flower displays an array of hues including violets, blues, and lavenders, making it an ideal choice for professional florists looking to elevate their floral designs.

How Is the Cut Flowers Market Segmented?
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 Companies Are Leading the Charge in Cut Flowers Market Innovation?
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

Which Regions Are Leading the Global Cut Flowers Market in Revenue?
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.

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