Global Floriculture Market 2024-2028
The floriculture market is forecasted to grow by USD 61.1 bn during 2023-2028, accelerating at a CAGR of 10.43% during the forecast period. The report on the floriculture market 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 high profits associated with growing ornamental plants, use of flowers and plants for decorative/aesthetic purposes, and growing prominence for online shopping.
Technavio's floriculture market is segmented as below:
- By Application
- Conferences and activities
- Gifts
- Personal and corporate use
- By Product
- Cut flowers
- Bedding plants
- Potted plants
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing demand for premium flowers as one of the prime reasons driving the floriculture market growth during the next few years. Also, expanding distribution channels in business-to-business (b2b) and business-to-consumer (b2c) spaces and increasing use of biotechnology in floriculture will lead to sizable demand in the market.
The report on the floriculture market covers the following areas:
- Floriculture market sizing
- Floriculture market forecast
- Floriculture market 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 vendors that include Afriflora, Arcangeli Giovanni e Figlio SAS, Ball Horticultural Co., Beekenkamp Verpakkingen B.V, Coletta and Tyson Ltd., Danziger Group, Dummen Orange, Farplants Sales Ltd., Flamingo Horticulture investments, Florensis Flower Seeds UK Ltd., Karen Roses, Kurt Weiss Greenhouses Inc., Marginpar BV, NurseryLive, Rift Valley Roses, Selecta Klemm GmbH and Co. KG, Syngenta Crop Protection AG, Timaflor B.V., Verbeek and Bol, and Verbeek Export BV. Also, the floriculture market 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.