Global Cut Flowers Market to Reach US$50.1 Billion by 2030
The global market for Cut Flowers estimated at US$37.0 Billion in the year 2024, is expected to reach US$50.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Rose, one of the segments analyzed in the report, is expected to record a 5.8% 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$9.1 Billion While China is Forecast to Grow at 6.9% CAGR
The Cut Flowers market in the U.S. is estimated at US$9.1 Billion in the year 2024. 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 6.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 4.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.0% 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.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
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APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
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