Dublin, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The "Floriculture Market by Product, Flower, End-Use, Sales Channel - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Floriculture Market grew from USD 42.69 billion in 2023 to USD 45.12 billion in 2024. It is expected to continue growing at a CAGR of 5.84%, reaching USD 63.56 billion by 2030. This report provides a detailed overview of the floriculture market, exploring several key areas:
- A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Market growth is fueled by increasing consumer preference for aesthetically pleasing environments, urbanization, and rising disposable incomes which boost demand for ornamental plants and flowers. Technological advancements like smart farming and genetic modification are unlocking new growth avenues. The expanding e-commerce sector is another key driver, presenting immense growth potential by broadening accessibility and convenience.
However, challenges persist, including climatic changes, pest and disease management issues, and limited availability of skilled labor, all of which can hinder production. Market limitations also arise from logistical concerns in flower transport and storage, impacting freshness and shelf life. Opportunities abound in leveraging sustainable floriculture practices, such as organic farming and biodegradable packaging, to appeal to environmentally conscious consumers.
Innovation could focus on developing drought-resistant and pest-resistant plant varieties and integrating AI for predictive analysis in pest control and optimization. Businesses can also explore diversification into lesser-known yet high-demand species or niche markets such as medicinal plants.
The floriculture market is dynamic yet competitive, requiring stakeholders to stay abreast of consumer trends, technological strides, and eco-friendly practices. By embracing sustainability and technological integration, firms can differentiate themselves and cater to evolving consumer expectations while navigating inherent market challenges.
Floriculture Market Dynamics
- Market Drivers
- Rising consumer expenditures for home decoration
- Emerging trend of residential landscaping globally
- Favorable governmental regulations for encouraging floriculture
- Market Restraints
- Perishable nature of products and constraints related to climate change
- Market Opportunities
- Ongoing advancements in plantation coupled with massive investment in greenhouse facilities
- Emergence of online sales channels and home-deliveries
- Market Challenges
- Presence of artificial flower solutions for decorative purposes
Key Company Profiles
The report delves into recent significant developments in the Floriculture Market, highlighting leading vendors and their innovative profiles. These include:
- Afriflora by Sher Holland B.V.
- Arcangeli Giovanni e Figlio S.A.S.
- Australian Flower Group
- Ball Horticultural Company
- Bloom & Wild Limited
- CamFlor, Inc.
- Coletta and Tyson
- Danziger Group
- DOS GRINGOS, LLC
- Dummen Orange
- Ernst Benary Samenzucht GmbH
- Esmeralda Farms
- Farm Fresh Flowers, Inc.
- Farmgirl Flowers, Inc.
- Farplants Sales Ltd.
- Flamingo Group International
- Florance Flora
- Florensis Flower Seeds UK Ltd.
- Forest Produce Ltd.
- Harvest Flowers UK Ltd.
- Karen Roses Company
- Marginpar B.V.
- Native Floral Group
- Rosebud Ltd.
- Soex Flora
Market Segmentation & Coverage
This research report categorizes the Floriculture Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Cut Flowers
- Cut Foliage
- Plants
- Propagation Materials
- Flower
- Carnations
- Chrysanthemums
- Freesias
- Gerberas
- Hydrangeas
- Lilies
- Roses
- Texas Bluebells
- Tulips
- End-Use
- Commercial
- Personal
- Sales Channel
- Offline
- Florists & Kiosks
- Franchises
- Independent Small Stores
- Supermarkets & Hypermarkets
- Online
- Offline
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 198 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $45.12 Billion |
| Forecasted Market Value (USD) by 2030 | $63.56 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/pze6i4
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