Floriculture Market (Type - Cut Flower, Loose Flower, Bedding & Garden Plants, Potted Flowering Plants, and Foliage Plants; Distribution Channel - Retail, Florists, Supermarkets/Hypermarkets, Online, and Others; Application - Aesthetic & Decorative Purposes, Flavours & Fragrances, Natural Colors, Medicines, and Others; End Use - Personal, Institutions/Events, Hotels, Restaurants & Spas, Industrial, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030
The report on the global floriculture market provides qualitative and quantitative analysis for the period from 2021-2030. The global floriculture market was valued at USD 52076.72 million in 2022 and is expected to reach USD 87831.98 million in 2030, with a CAGR of 5.95% during the forecast period 2023-2030. The study on floriculture market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
Floriculture is the practice of cultivating and growing flowers and ornamental plants for decorative purposes. Floriculture involves the cultivation of various flowering plants, including cut flowers, potted plants, bedding plants, and foliage plants. The purpose of floriculture can vary from personal enjoyment and decoration. The floriculture market refers to the industry that produces and sells flowers and ornamental plants for use in decoration, landscaping, and other purposes. This includes a wide range of products, from cut flowers and potted plants to seeds and other plant materials used in horticulture.
The global floriculture market is a large and diverse industry, with a wide range of products and players. A number of factors, including changing consumer preferences for natural and sustainable products, increasing demand for flowers and plants for use in weddings and other special events, and growing interest in indoor gardening and other horticultural activities, drive the market.
Cut Flower to dominate the Type segment of the Floriculture Market
The growth of the cut flower segment can be attributed to several factors, with the rising popularity among consumers being a significant driving force. Cut flowers are widely appreciated for their sweet odor and beauty, which adds a touch of elegance and vibrancy to various occasions and settings. One of the reasons for their popularity is the ease of handling and harvesting. Cut flowers can be easily cut from the plant without causing any damage, allowing growers to efficiently harvest them. This ease of handling makes cut flowers a preferred choice for both commercial flower growers and individual gardeners. The popularity of cut flowers has also been bolstered by various cultural and societal factors. Flowers have long been associated with emotions, celebrations, and expressions of love and affection. They are commonly used in weddings, birthdays, anniversaries, and other special occasions, as well as for decorative purposes in homes, offices, and events. This cultural significance and demand for floral arrangements have contributed to the steady growth of the cut flower industry.
Europe to be the dominant region in the Floriculture Market
The floriculture industry in Europe is indeed highly significant, with several countries playing key roles in both production and consumption of flowers and ornamental plants. The Netherlands, Italy, Spain, and Germany are among the major players in this industry, each contributing in their own way. The Dutch floriculture industry is renowned worldwide for its dominance in the production and export of flowers. The Netherlands has a long-standing tradition of horticulture and is often referred to as the ""Flower Garden of Europe."" The favorable climate, advanced technology, and expertise in cultivation techniques have allowed Dutch growers to produce a wide variety of high-quality flowers throughout the year. The country specializes in the cultivation of popular flowers like roses, tulips, chrysanthemums, and lilies.
Report Findings
1) Drivers
Rising demand for flowers is growing, by factors such as population growth, rising income levels, and changing lifestyles drive the market growth.
The floriculture industry has seen significant advancements in technology, such as improved breeding techniques, growth media, and transportation methods which is expected to boost the growth of the market.
2) Restraints
Seasonal demand and high transportation costs hampers the growth of the market.
3) Opportunities
Rising use of flowers in the production of essential oils and other ayurvedic formulations are expected to create numerous growth opportunities for the market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global floriculture market is segmented on the basis of type, distribution channel, application, and end use.
The Global Floriculture Market by Type
Cut Flower
Loose Flower
Bedding & Garden Plants
Potted Flowering Plants
Foliage Plants
The Global Floriculture Market by Distribution Channel
Retail
Florists
Supermarkets/Hypermarkets
Online
Others
The Global Floriculture Market by Application
Aesthetic & Decorative Purposes
Flavours & Fragrances
Natural Colors
Medicines
Others
The Global Floriculture Market by End Use
Personal
Institutions/Events
Hotels
Restaurants & Spas
Industrial
Others
Company Profiles
The companies covered in the report include
Ridder
Syngenta
SAKATA SEED AMERICA
Dümmen Orange
DANZIGER
Ball Horticultural Company
getflamingo.com
Florance Flora
Afriflora
Karuturi Global Limited
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the floriculture market.
2. Complete coverage of all the segments in the floriculture market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global floriculture market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.