Dublin, March 24, 2023 (GLOBE NEWSWIRE) -- The "Cut Flowers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cut Flowers estimated at US$33.3 Billion in the year 2022, is projected to reach a revised size of US$50.1 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.
Rose, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$15.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Chrysanthemum & Gerbera segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 7.1% CAGR
The Cut Flowers market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2030.
Select Competitors (Total 111 Featured) -
- Afriflora Sher
- Danziger Group
- DOS GRINGOS, LLC
- Dummen Orange
- Esmeralda Farms
- Flamingo Horticulture Ltd
- Florance Flora (India)
- Florensis Flower Seeds UK Ltd
- Karen Roses Company
- Marginpar BV
- MultiFlora
- Rosebud Limited
- Selecta Cut Flowers S.A.U.
- Washington Bulb Co., Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 455 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $33.3 Billion |
| Forecasted Market Value (USD) by 2030 | $50.1 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- Year 2021 in Review and Near-term Outlook
- Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
- Global Demand for Flowers Collapses Amidst the COVID-19 Outbreak
- COVID-19 Outbreak Adversely Impacts Cut Flowers Market
- Pandemic and Unfavorable Weather Conditions Lead to Short Supply of Flowers
- Cut Flowers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Introduction to Cut Flowers
- Cultivation of Cut Flowers
- Types of Fresh Cut Flowers
- Global Market Prospects & Outlook
- Global Production of Cut Flowers: Percentage Breakdown of Production Volume by Country
- Global Cut Flowers Export Value Breakdown (in %) by Country
- Netherlands: The Hub of Flower Trade Faces Hardships Amidst COVID-19 Pandemic
- World Brands
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Cut Flower Industry: Varied Applications Drive Market Growth
- Rising Demand for Cut Flowers for Decorative Purposes
- Cultural Trend Towards Gifting Flowers to Support Market Growth
- Health Benefits of Cut Flowers Presents Favorable Outlook
- Medicinal Properties of Flowers Drive Demand for Cut Flowers
- Focus on Aromatherapy & Natural Therapies Fuels Demand for Essential Oils, Driving Cut Flowers Market
- Global Aromatherapy Market Size (in US$ Million) for the Years 2019, 2022 and 2025
- Organic Cut Flowers Gain Prominence
- With Wedding Industry on the Revival Path, Demand for Flowers Set to Grow
- Annual Number of Marriages Worldwide per 1000 People for Major Countries: 2019
- Number of Weddings in the US: 2015-2022
- Global Wedding Spend by Expense Category (2021)
- Growing Role of E-Commerce Platform in Driving Cut Flower Sales
- Global E-Commerce Market Growth Outlook (in %) for the Years 2019 through 2025
- European Floral Market Breakdown of Value Sales (in %) by Distribution Channel: 2020
- Innovative Packaging Solutions Drive Growth of Cut Flower Packaging Market
- Researchers Look to Increase Shelf Life of Cut Flowers
- Environmental Impact of Cut Flower Industry
- Flower Cultivation Adds to Global Greenhouse Gas Emissions
- Cut Flower Business Raises Risk of Chemical Pollution
- Flower Production Affecting Laborers and Nearby Communities
- 'Slow Flower' Movement Roots for Locally and Sustainably Grown Cut Flowers
- Sustainability Gains Prominence in Cut Flowers Industry
- Marketing Initiatives Considerably Impact Sales Prospects of Cut Flowers
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/cin9it
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