The floriculture market in Vietnam is forecasted to grow by USD 245.39 mn during 2023-2028, accelerating at a CAGR of 8.36% during the forecast period. The report on the floriculture market in Vietnam 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 the use of flowers and plants for decorative/aesthetic purposes, growing prominence for online flower shopping, and high profits associated with growing ornamental plants.
Technavio's floriculture market in Vietnam is segmented as below:
By Product
Cut flowers
Bedding plants
Potted plants
Others
By Application
Conferences and activities
Gifts
Personal and corporate use
By Type
Rose
Chrysanthemum
Carnation
Others
This study identifies the growing demand for premium flowers as one of the prime reasons driving the floriculture market in Vietnam growth during the next few years. Also, increasing focus on floral tourism and agrotourism experiences and rising use of biotechnology in floriculture will lead to sizable demand in the market.
The report on the floriculture market in Vietnam covers the following areas:
Floriculture market in Vietnam sizing
Floriculture market in Vietnam forecast
Floriculture market in Vietnam 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 Vietnam vendors that include Dalat Hasfarm Co. Ltd., Dummen Orange Holding BV, Fresh Flower World Joint Stock Co., Selecta Cut Flowers SAU, and Syngenta Crop Protection AG. Also, the floriculture market in Vietnam 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 research - both primary and secondary. 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 the accurate market growth.
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Vietnam: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Floriculture market in Vietnam 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on floriculture market in Vietnam 2018 - 2022 ($ million)