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.
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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
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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Flower And Ornamental Plants Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5.85%
Market growth 2023-2027
USD 30.79 billion
YoY growth 2022-2023 (%)
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 45%
US, China, The Netherlands, Italy, and Denmark
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.
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
11.2 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.
13.1 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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