Flower and ornamental plants market size to grow by USD 30.79 billion from 2022 to 2027: Growth is driven by the rise in floriculture - Technavio

NEW YORK, Jan. 13, 2023 /PRNewswire/ -- The flower and ornamental plants market is forecasted to grow by USD 30.79 billion from 2022 to 2027. Moreover, the growth momentum will accelerate at a CAGR of 5.85% during the forecast period, according to Technavio. 1 800 Flowers.com Inc., Astra Fund Holland BV, Bailey Nurseries Inc., Ball Horticultural Co., Beekenkamp Verpakkingen B.V, Bridge Farm Group, Coletta and Tyson Ltd., Daleys Fruit Tree Nursery, Double H Nurseries Ltd., Dutch Flower Group, Farplants Sales Ltd., Flamingo Horticulture Investments, FTD LLC, H Andreas GmbH, Hofland flowering plants, Kurt Weiss Greenhouses Inc., Newey Ltd., Nyee Phoe Group, Royal FloraHolland, and Sakata Seed Corp. are some of the major market participants. To know about the vendor offerings, request a sample report.

Technavio has announced its latest market research report titled Global Flower and Ornamental Plants Market 2023-2027
Technavio has announced its latest market research report titled Global Flower and Ornamental Plants Market 2023-2027

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others - Buy the report

Flower and ornamental plants market 2023-2027: Scope

The flower and ornamental plants market report also covers the following areas:

Flower and ornamental plants market 2023-2027: Drivers and challenges

The growth in floriculture will fuel the growth of the market. Floriculture is an important part of the horticulture market and has become profitable. The US and Japan are the largest consumers of flowers in the world. Floriculture is becoming an integral part of agriculture in India as well. Such factors are expected to drive the growth of the global flowers and ornamental plants market during the forecast period.

However, the use of toxic chemicals is a major challenge that is likely to hamper the growth of the market during the forecast period. Chemical pollution is a major issue in horticulture. Florists and nurseries are the largest users of agrochemicals such as pesticides. In addition, weak regulation by governments has led to the uncontrolled use of pesticides and fertilizers on farms. The high use of such toxic chemicals can pose a risk to the health of workers. Such factors may restrain the growth of the global market during the forecast period.

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Flower and ornamental plants market 2023-2027: Segmentation analysis

  • Product

  • End-user

  • Region

Flower and ornamental plants market 2023-2027: Segmentation highlights

  • The flower and ornamental plants market share growth by the cut flowers segment will be significant during the forecast period. Cut flowers are used for decorative purposes, especially for specific occasions such as marriages, funerals, anniversaries, and birthdays. The Netherlands, Colombia, and Germany are some of the main countries that export cut flowers. Some organizations are launching campaigns to increase the sales of cut flowers. Such campaigns can increase the demand for and sales of cut flowers during the forecast period.

  • APAC is estimated to account for 45% of the growth of the global market during the forecast period. The growth of the market is driven by factors such as the increasing population, rising disposable income, and improving economic scenarios. Some government organizations provide subsidies to flower growers and producers, which helps in increasing production. This, in turn, will drive the growth of the regional flower and ornamental plants market during the forecast period.

Flower and ornamental plants market 2023-2027: Key Highlights

What are the Key Data Covered in this Flower and Ornamental Plants Market Report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the  flower and ornamental plants market between 2023 and 2027

  • Precise estimation of the flower and ornamental plants market size and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the industry across APAC, Europe, North America, South America, and Middle East and Africa

  • A thorough analysis of the market's competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of flower and ornamental plants market vendors

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  • The sunflower oil market is estimated to grow at a CAGR of 5.14% between 2022 and 2027. The size of the market is forecasted to increase by USD 5,251.78 million. This report extensively covers market segmentation by application (food and industrial), distribution channel (offline and online), and geography (Europe, APAC, Middle East and Africa, South America, and North America).

Flower And Ornamental Plants Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.85%

Market growth 2023-2027

USD 30.79 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.55

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key countries

US, China, The Netherlands, Italy, and Denmark

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

1 800 Flowers.com Inc., Astra Fund Holland BV, Bailey Nurseries Inc., Ball Horticultural Co., Beekenkamp Verpakkingen B.V, Bridge Farm Group, Coletta and Tyson Ltd., Daleys Fruit Tree Nursery, Double H Nurseries Ltd., Dutch Flower Group, Farplants Sales Ltd., Flamingo Horticulture Investments, FTD LLC, H Andreas GmbH, Hofland flowering plants, Kurt Weiss Greenhouses Inc., Newey Ltd., Nyee Phoe Group, Royal FloraHolland, and Sakata Seed Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

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Table of contents:

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2022

  • 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

  • 4.1 Global flower and ornamental plants market 2017 - 2021

  • 4.2 Product Segment Analysis 2017 - 2021

  • 4.3 End-user Segment Analysis 2017 - 2021

  • 4.4 Geography Segment Analysis 2017 - 2021

  • 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

  • 5.1 Five forces summary

  • 5.2 Bargaining power of buyers

  • 5.3 Bargaining power of suppliers

  • 5.4 Threat of new entrants

  • 5.5 Threat of substitutes

  • 5.6 Threat of rivalry

  • 5.7 Market condition

6 Market Segmentation by Product

  • 6.1 Market segments

  • 6.2 Comparison by Product

  • 6.3 Cut flowers - Market size and forecast 2022-2027

  • 6.4 Potted plants - Market size and forecast 2022-2027

  • 6.5 Market opportunity by Product

7 Market Segmentation by End-user

  • 7.1 Market segments

  • 7.2 Comparison by End-user

  • 7.3 Commercial - Market size and forecast 2022-2027

  • 7.4 Residential - Market size and forecast 2022-2027

  • 7.5 Market opportunity by End-user

8 Customer Landscape

  • 8.1 Customer landscape overview

9 Geographic Landscape

  • 9.1 Geographic segmentation

  • 9.2 Geographic comparison

  • 9.3 APAC - Market size and forecast 2022-2027

  • 9.4 Europe - Market size and forecast 2022-2027

  • 9.5 North America - Market size and forecast 2022-2027

  • 9.6 South America - Market size and forecast 2022-2027

  • 9.7 Middle East and Africa - Market size and forecast 2022-2027

  • 9.8 China - Market size and forecast 2022-2027

  • 9.9 US - Market size and forecast 2022-2027

  • 9.10 The Netherlands - Market size and forecast 2022-2027

  • 9.11 Italy - Market size and forecast 2022-2027

  • 9.12 Denmark - Market size and forecast 2022-2027

  • 9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers

  • 10.2 Market challenges

  • 10.3 Impact of drivers and challenges

  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview

  • 11.2 Vendor landscape

  • 11.3 Landscape disruption

  • 11.4 Industry risks

12 Vendor Analysis

  • 12.1 Vendors covered

  • 12.2 Market positioning of vendors

  • 12.3 1 800 Flowers.com Inc.

  • 12.4 Astra Fund Holland BV

  • 12.5 Bailey Nurseries Inc.

  • 12.6 Ball Horticultural Co.

  • 12.7 Bridge Farm Group

  • 12.8 Coletta and Tyson Ltd.

  • 12.9 Daleys Fruit Tree Nursery

  • 12.10 Double H Nurseries Ltd.

  • 12.11 Dutch Flower Group

  • 12.12 Farplants Sales Ltd.

  • 12.13 Flamingo Horticulture Investments

  • 12.14 FTD LLC

  • 12.15 Kurt Weiss Greenhouses Inc.

  • 12.16 Royal FloraHolland

  • 12.17 Sakata Seed Corp.

13 Appendix

  • 13.1 Scope of the report

  • 13.2 Inclusions and exclusions checklist

  • 13.3 Currency conversion rates for US$

  • 13.4 Research methodology

  • 13.5 List of abbreviations

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Global Flower and Ornamental Plants Market 2023-2027
Global Flower and Ornamental Plants Market 2023-2027
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