Increasing Disposable Income and Trade Expected to Boost the Growth of Consumer Floriculture Market

Floriculture is part of a larger group known as horticulture which primarily concerns with cultivation of flowers and ornamental plants. It also includes production of planting materials through seeds, budding grafting, cutting etc. Widely used flowering plants are poinsettias, orchids, florist chrysanthemums, and finished florist azaleas. Foliage plants are also sold in pots and hanging baskets for indoor and patio use, including larger specimens for office, hotel, and restaurant interiors. The demand for floriculture is rising as consumers have become more refined in attaining new products, this in turn led to shifting of production form developed to developing countries.

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Growth in funding and infrastructure development, advancements in medical power supply products, rising trend of home healthcare., increasing disposable income and trade are some of the drivers that are expected to boost the growth of Consumer Floriculture market. Increasing competitive landscape with new entrants and local players are anticipated to hinder the growth of market to a certain extent.

The global Consumer Floriculture market can be segmented on the basis of product type, application and region. On the basis of product type, the global Consumer Floriculture market can be segmented into Cut Flowers, Bedding Plants, Potted Plants and Other. On the basis of application, the global Consumer Floriculture market can be segmented into Personal Use, Gift, Conference & Activities and Others. On the basis of region, the global Consumer Floriculture Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Asia-pacific is expected to gain a higher CAGR during the forecast period.

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Some of the key players in the global Consumer Floriculture Market include Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb, Arcangeli Giovanni & Figlio, Carzan Flowers, Rosebud, Kariki, Multiflora, Karen Roses, Harvest Flower, Queens Group, Ball Horticultural.

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