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Comprehensive Flower and Ornamental Plant Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Flower and Ornamental Plant Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for flowers and ornamental plants has experienced significant growth in the past few years. Projected to rise from $46.68 billion in 2024 to $50.54 billion in 2025, it is set to have a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this historic period of growth include their cultural and religious importance, their use in landscaping and city beautification efforts, event decorations, and practices related to memorials and funerals, as well as advancements in horticulture.
Flower and Ornamental Plant Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations for the flower and ornamental plant market predict a swift expansion in the years to come, with a forecast to reach $75.1 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 10.4%. This predicted growth during the forecast period is primarily driven by factors such as economic progression, increase in disposable income, the trend of sustainable and locally sourced produce, social media impact, community gardens, and green spaces, and surging urbanization. Key trends expected during this period are the preference for direct online sales and direct-to-consumer channels, technological innovations offering virtual floral experiences, personalized flower arrangements, new advancements in indoor gardening commodities, and the shift towards drought-resistant and easy-to-maintain plants.
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What Are the Drivers Transforming the Flower and Ornamental Plant Market?
An increase in interest for indoor plants and flowers within home spaces is speculated to enhance the expansion of the flower and ornamental plant market. Indoor flowers and plants, residing in households and workplaces, also include those ornamental plants which can be fostered indoors irrespective of the season, as they are conducive to warm-weather conditions. Indoors plants add multiple benefits including alleviation of stress, stimulation of creativity, productivity, and concentration. As long as there is sufficient sunlight, these plants manage to thrive indoors. Taking a case into account, in April 2023, the National Gardening Association, a US-oriented gardening group, revealed that over one-third of households anticipate to increase their expenditure on lawn and gardening products in 2023, compared to what they did in 2022. Hence, a swell in the demand for indoor plants and flowers in residential areas is fueling the flowering and ornamental plant market's growth.
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What Are the Key Trends Driving Flower and Ornamental Plant Market Growth?
The emergence and growing popularity of hybridization and biotechnology are significant trends in the flower and ornamental plant marketplace. Companies leading the flower and ornamental plant industry are directing their focus towards the introduction of ornamental plants developed through hybridization and biotechnological methodologies such as Pink Kisses and array of other types to maintain their market stance. For example, in July 2022, Somani Seeds, a vegetable seed company based in India, announced a newly birthed hybrid carrot variant, named Red Queen. This Red Queen carrot variant serves as a substitute for the Nantes carrot, an English breed which is less sweet, colored orange and possesses a shorter shelf life.
Which Segments in the Flower and Ornamental Plant Market Offer the Most Profit Potential?
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 Firms Dominate the Flower and Ornamental Plant Market by Market Share and Revenue in 2025?
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, ers Group, Chrysal International, Marginpar B.V., Arcangeli Giovanni and Figlio, Belaya Dacha Flowers, Fides Oro, Danziger Dan Flower Farm, Kapiteyn horticulture BV
Which Regions Offer the Highest Growth Potential in 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.
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