Floriculture Market In Malaysia 2024-2028
The floriculture market in malaysia is forecasted to grow by USD 233.7 mn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the floriculture market in malaysia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of flowers and plants for decorative/aesthetic purposes, high profits associated with growing ornamental plants, and growing prominence for online shopping.
Technavio's floriculture market in malaysia is segmented as below:
By Type
- Chrysanthemum
- Rose
- Carnation
- Others
By Channel
By Geographical Landscape
This study identifies the increasing use of biotechnology in floriculture as one of the prime reasons driving the floriculture market in malaysia growth during the next few years. Also, increasing focus on developing export market and increasing government support for floriculture will lead to sizable demand in the market.
The report on the floriculture market in malaysia covers the following areas:
- Floriculture Market in Malaysia sizing
- Floriculture Market in Malaysia forecast
- Floriculture Market in Malaysia industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floriculture market in malaysia vendors that include Black Tulip Group, Dummen Orange, Floristika.com.my Sdn Bhd, I-Tech Farming Solution (M) Sdn Bhd, Paling Horticulture Sdn Bhd, Splendid Floriculture Sdn Bhd, Syngenta Crop Protection AG, Waltex Biotec Sdn. Bhd., Weeds and More Pte Ltd., and Yayasan Sabah Group. Also, the floriculture market in malaysia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.