What is Global Floriculture Market?
The Global Floriculture Market is a vast and dynamic sector that encompasses the cultivation and management of flowering and ornamental plants. This market is not just about growing flowers; it's about the entire process from breeding to marketing. It's a global industry that has a significant economic impact, providing employment and income to millions of people worldwide. The floriculture market is driven by various factors such as the increasing demand for fresh flowers for decoration, gifting, and events, as well as the growing interest in gardening and landscaping. The market is also influenced by trends such as the preference for exotic and unique flowers, the rise of online flower delivery services, and the increasing use of flowers in personal care and cosmetics. However, the industry also faces challenges such as the high cost of production, the perishability of flowers, and the impact of climate change on flower cultivation. Despite these challenges, the global floriculture market continues to grow, fueled by innovation, technology, and the timeless appeal of flowers.
Cut Flowers, Bedding Plants, Potted Plants, Other in the Global Floriculture Market:
The Global Floriculture Market is segmented into Cut Flowers, Bedding Plants, Potted Plants, and Others. Cut Flowers are the largest segment, accounting for a significant share of the market. These are flowers that are cut from the plant, with or without their stems, and are typically used for decoration or as gifts. They include roses, carnations, lilies, chrysanthemums, and other popular flowers. Bedding Plants are plants that are grown in a controlled environment and then transplanted into beds or borders for decorative purposes. They include annuals, biennials, and perennials, and are popular for their color and variety. Potted Plants are plants that are grown and sold in pots. They are popular for indoor and outdoor decoration, and include flowering plants, foliage plants, and succulents. The Other segment includes dried flowers, artificial flowers, and other floriculture products. Each of these segments has its own unique characteristics and trends, and they all contribute to the diversity and vibrancy of the global floriculture market.
Personal Use, Gift, Conference & Activities, Other in the Global Floriculture Market:
The Global Floriculture Market finds usage in various areas such as Personal Use, Gift, Conference & Activities, and Others. Personal Use is the largest usage area, with individuals buying flowers for their homes, gardens, and personal enjoyment. Flowers are also widely used as gifts, given on occasions such as birthdays, anniversaries, and holidays, or to express emotions such as love, sympathy, and congratulations. Conferences & Activities is another significant usage area, with flowers being used for decoration and ambiance at events such as weddings, parties, and corporate events. The Other usage area includes uses such as religious ceremonies, funerals, and in the hospitality and retail industries. Each of these usage areas has its own trends and dynamics, and they all contribute to the demand for floriculture products.
Global Floriculture Market Outlook:
The Global Floriculture Market outlook is positive, with the market expected to grow from US$ 48830 million in 2022 to US$ 58030 million by 2029, at a CAGR of 2.5% during the forecast period 2023-2029. Europe is the largest market for floriculture, accounting for more than half of the global market. This is due to the high demand for flowers in countries such as the Netherlands, Germany, and France, as well as the presence of major flower producers and exporters in the region. China is the second-largest market, with a significant share of the market. The main players in the global floriculture market are Dummen Orange, Syngenta Flowers, Beekenkamp, Karuturi, and Oserian. These companies are leaders in the industry, with a combined market share of about 1%. They are known for their quality products, innovative breeding techniques, and strong distribution networks.
| Report Metric | Details |
| Report Name | Floriculture Market |
| Accounted market size in 2023 | US$ 48830 million |
| Forecasted market size in 2030 | US$ 58030 million |
| CAGR | 2.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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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, Benary, Danziger, Sakata |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
