Cut Flowers

Cut Flowers

Global Cut Flowers Market to Reach US$50.1 Billion by 2030

The global market for Cut Flowers estimated at US$35.0 Billion in the year 2023, is expected to reach US$50.1 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2023-2030. Roses, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$15.8 Billion by the end of the analysis period. Growth in the Chrysanthemum & Gerbera segment is estimated at 5.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$8.7 Billion While China is Forecast to Grow at 7.0% CAGR

The Cut Flowers market in the U.S. is estimated at US$8.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 7.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 4.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Global Cut Flowers Market - Key Trends & Drivers Summarized

Cut flowers are an integral part of the global floral industry, widely used for decoration, gifting, and ceremonial purposes. These flowers are harvested, cut, and then transported to markets where they are sold as bouquets or arrangements. Common types of cut flowers include roses, lilies, chrysanthemums, tulips, and carnations. The market for cut flowers is driven by various occasions such as weddings, funerals, Valentine`s Day, Mother`s Day, and other cultural or religious events. The aesthetic appeal and emotional significance of cut flowers make them popular across different cultures and regions. The industry encompasses a complex supply chain, from growers and wholesalers to florists and retailers, ensuring the fresh delivery of flowers to consumers worldwide.

Technological advancements have significantly impacted the production, preservation, and distribution of cut flowers. Innovations in horticultural practices, such as controlled environment agriculture and advanced irrigation systems, have improved flower quality and yield. Post-harvest technologies, including cold chain logistics, ethylene inhibitors, and preservative solutions, extend the vase life of cut flowers, ensuring they remain fresh during transportation and storage. The use of e-commerce platforms has revolutionized the distribution of cut flowers, enabling consumers to order bouquets online and have them delivered directly to their doorstep. These advancements have streamlined the supply chain, reduced waste, and enhanced the overall efficiency of the cut flower industry.

The growth in the cut flowers market is driven by several factors, including increasing consumer demand for floral decorations, advancements in cultivation and preservation technologies, and the expansion of online retail channels. The rising popularity of flowers for home decor, celebrations, and gifting has significantly boosted market demand. Technological advancements in cultivation and post-harvest handling have improved the quality and longevity of cut flowers, making them more appealing to consumers. The growth of online flower delivery services has expanded market reach, offering convenience and a wide variety of options to customers. Additionally, the increasing disposable income and changing lifestyles in emerging markets have contributed to the growing demand for cut flowers. As these trends continue to evolve, the cut flowers market is expected to experience sustained growth.

Select Competitors (Total 111 Featured) -

• Syngenta AG
• Ernst Benary Samenzucht GmbH
• Sakata Seed America
• Syngenta Flowers
• Dummen Orange
• April Flowers
• Dalat Hasfarm Company Limited
• Flowerbx Ltd.
• Huiskula OY

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