What is Global Cut Flowers Market?
The Global Cut Flowers Market is a vast and dynamic industry that deals with the cultivation, distribution, and sale of cut flowers worldwide. These flowers, which are primarily grown for their aesthetic appeal, are harvested when they are in full bloom and then sold either as single stems or as part of a bouquet. The market is driven by a variety of factors, including consumer preferences for fresh flowers, the growth of online flower delivery services, and the increasing popularity of flower gifting in various cultures and traditions. However, the market also faces several challenges, such as the short shelf life of cut flowers and the high costs associated with their cultivation and transportation. Despite these challenges, the Global Cut Flowers Market continues to grow, fueled by the constant demand for beautiful and fresh flowers in homes, offices, events, and other settings.
Rose, Carnation, Lilium, Chrysanthemum and Gerbera, Tulips, Other in the Global Cut Flowers Market:
The Global Cut Flowers Market is segmented into several types of flowers, including Rose, Carnation, Lilium, Chrysanthemum and Gerbera, Tulips, and others. Each of these flowers has its unique characteristics and uses, making them popular choices among consumers. Roses, for instance, are renowned for their beauty and fragrance, and are often used in bouquets and arrangements for special occasions like weddings and anniversaries. Carnations, on the other hand, are known for their long-lasting blooms and are commonly used in funeral arrangements. Lilium, also known as lilies, are prized for their large, vibrant flowers and are often used in bouquets and centerpieces. Chrysanthemums and Gerberas are popular for their bright, cheerful colors, and are frequently used in casual flower arrangements. Tulips, with their elegant, cup-shaped flowers, are a favorite choice for springtime bouquets. Other types of cut flowers include orchids, sunflowers, daisies, and many more, each with their unique appeal and uses.
Home, Commercial in the Global Cut Flowers Market:
The Global Cut Flowers Market finds its application in two main areas: home and commercial. In the home setting, cut flowers are often used for interior decoration, adding a touch of beauty and freshness to any room. They are also used for personal enjoyment, as a way to express love or appreciation, or as part of religious rituals. In the commercial setting, cut flowers are used in a variety of ways. They are a crucial part of event decorations, used in weddings, parties, corporate events, and more. They are also used in hotels and restaurants for table decorations, in offices for a pleasant working environment, and in retail spaces to attract customers. Furthermore, cut flowers are a significant part of the funeral industry, used in funeral services and cemetery decorations.
Global Cut Flowers Market Outlook:
The Global Cut Flowers Market is showing promising growth. In 2022, the market was valued at US$ 18970 million, and it is expected to reach US$ 28470 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period of 2023-2029. This growth is not dominated by any single player, with the top five manufacturers holding a share of just over 2%. In terms of product, Chrysanthemum and Gerbera hold the largest segment, accounting for about 40% of the market. This data indicates a healthy and competitive market, with a diverse range of products and players.
| Report Metric | Details |
| Report Name | Cut Flowers Market |
| Accounted market size in 2022 | US$ 18970 in million |
| Forecasted market size in 2029 | US$ 28470 million |
| CAGR | 5.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | 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, Afriflora, Flamingo Horticulture, Van den Berg RoseS, Danziger, Marginpar, Porta Nova, Wesselman Flowers |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
