Global Consumer Floriculture Market growing at a CAGR of 5.7% from 2023 to 2030
Category : Consumer Goods | Published Date : Aug 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the consumer floriculture market is predicted to grow at a compound annual growth rate of 5.7% from 2023 to 2030 and is expected to reach USD 81,124.97 million in 2030 which was valued at USD 52,496.38 million in 2022.
The report highlights that increasing the production of ornamental flowers is benefiting the market growth, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the consumer floriculture market.
Global Consumer Floriculture Market By Overview
The consumer floriculture market is bifurcated into type, application, and distribution channels. Based on type the market is segmented into potted plants, cut flowers, bedding plants, and others (annuals, flower bulbs, etc.). In 2022, the cut flowers segment dominate in the overall consumer floriculture market. The application segment is categorized into personal use, gifts, conferences & activities, and others. In 2022, the conferences & activities segment accounted for the highest market share in the consumer floriculture market. Based on the distribution channel the market is segmented into online channels and offline channels. In 2022, the offline segment dominate in the overall consumer floriculture market.
Get Free SampleMarket Dynamics
Driver:
- Increasing demand for ornamental flowers is benefiting the market growth
- Growing flower gifting culture globally is boosting the growth of the market
Restraints:
- High cost of flowers is restraining the market growth
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Potted Plants, Cut Flowers, Bedding Plants, and Others (Annuals, Flower Bulbs, etc.) |
| By Application | Personal Use, Gifts, Conferences & Activities, and Others |
| By Distribution Channel | Online Channel and Offline Channel |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
As per the study, the market is dominated by certain major companies such as Dazinger Group, Dummen Orange, Karen Roses, and Kurt Weiss Greenhouses Inc. which has a strong market position in current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more durable, ensure superior functioning, and others. Furthermore, the consumer floriculture market is expected to witness substantial growth in the coming years due to the Increasing consumer spending on decorations on special occasions will favor the market growth in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- Dazinger Group
- Dummen Orange
- Karen Roses
- Kurt Weiss Greenhouses Inc.
- Marginpar BV
- Multiflora Ltd.
- Ruparelia Ltd.
- Selecta Group
- Syngenta
- Rosebud Ltd.
