Floriculture Market-Global Industry Analysis and Forecast (2024-2030)


The Floriculture Market size was valued at USD 59.01 Billion in 2023 and the total Floriculture revenue is expected to grow at a CAGR of 8.1% from 2024 to 2030, reaching nearly USD 101.79 Billion by 2030.

The floriculture market thrives on the growing demand for ornamental plants, flowers, and landscaping services, driven by urbanization, cultural festivities, and increasing disposable incomes worldwide.

Floriculture Market Overview:

Floriculture is a discipline of horticulture dealing with the cultivation and marketing of flowers and ornamental plants. The floriculture industry is consists of greenhouse and field production of floral and ornamental plants. The Floriculture crops consist of bedding plants, houseplants, house-flowers, flowering gardens, and pot plants, cut cultivated greens, and cut flowers. Generally, flowers are used for decoration, aesthetics, and to exchange greetings. Flowers are connected with prosperity and well-being, resulting in benefitting the floriculture market across the globe.

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Floriculture Market Dynamics:

The Floriculture market is showing a continuous northward direction growth, thanks to the factors such as changes in consumer lifestyles and growing use of flowers for various applications such as conferences and Activities, Personal use, and Gifts. The increasing sales of flowers via online and offline distribution channels are fuelling the product demand across the globe. The biggest floral event of the year is Valentine’s Day followed by Christmas and then Mother’s Day. Combined they account for 59% of annual revenues recorded by most floristry businesses. According to a report, about 77% of flower purchases involve a specific occasion, in which Birthdays and Anniversaries account for 29% of annual sales.

The growing use of biotechnology solutions for floriculture to genetically modify the color, shape, postharvest life, and abiotic stress, and insect resistance of flowering ornamental plants are fueling the product demand. In addition, biotechnological approaches enable flowers to survive in extreme climatic conditions and reduce the risks of flower producers. In addition, technological developments in cold storage technology, improved supply management, and the application of biotechnology solutions to produce unique and disease-resistant flower varieties are expected to drive floriculture market growth during the forecast period.

The growing e-commerce industry along with penetration of the internet and smartphone across the globe are driving the growth of the floriculture market. In addition Shift to virtualized trade network aids in logistics coordination and information availability in the floriculture supply chain. It helps all participants in the supply chain management to access real-time information in the floriculture supply chain and ensures smooth, cost-effective, and faster distributions of floriculture products. These factors are also boosting market growth across the globe.

Floriculture Market Segment Analysis:

Based on Type, the Cut Flowers segment held the largest market share of about XX% in the Floriculture Market in 2023. According to the MMR analysis, the segment is further expected to grow at a CAGR of 8.2% during the forecast period. The segment growth is attributed to the rising popularity of cut flowers among consumers, thanks to their sweet odor and beauty. In addition, Cut flowers are easy to handle and harvest, and they are resistant to disease and pests. The cut flowers segment is expected to witness a significant contribution to the GDP of Kenya, where they are the second-most exported products followed by tea. However, with changing consumer preferences for flowers and floral decoration, floral designers are mixing cut flowers with cut foliages and dried botanicals to get a beautiful texture, resulting in growing product demand during the forecast period.

Based on the Application, the Floriculture Market is segmented into conferences and Activities, Personal use, Gift, and Others. The Gift segment held the largest market share, accounting for 57% in 2023. The gift segment growth is attributed to increased use of flowers used for gifting on special events or occasions such as birthdays, family functions, valentine's day, mother's day, and among others are boosting the floriculture market growth across the globe. According to a report, in 2023, more than 60% of all flowers and ornamental plants sold across the globe are purchased as a gift, 20% of those are purchased for weddings or funerals and approximately 20% are purchased for the home or office.

Floriculture Market Regional Insights:

Asia Pacific region held the largest market share accounted for 35% in 2023, and is expected to grow at a CAGR of 7.8% during the forecast period. The region's growth is attributed to the rising demand for flowers from consumers and the rise in the production of flowers in developing countries such as India and China. North America region is expected to witness significant growth at a CAGR of 7.6% during the forecast period. Changing consumer preferences from traditional flowers to cut flowers is primarily fueling the product demand in the region. Europe region is expected to grow with the highest CAGR of 8.3% during the forecast period and region growth is attributed to the rising production and consumption of flowers in the region. In addition, the launch of the Dutch auctions, which is the largest trading system for flowers and plants across the globe, in Europe is expected to boost the floriculture market growth in Europe.

The objective of the report is to present a comprehensive analysis of the Floriculture Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Floriculture Market dynamic, structure by analyzing the market segments and projecting the Floriculture Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Floriculture Market make the report investor’s guide.

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Floriculture Market




Report Coverage
Details




Base Year:
2023
Forecast Period:
2024-2030




Historical Data:
2018 to 2023
Market Size in 2023:
US $ 59.01 Bn.




Forecast Period 2024 to 2030 CAGR:
8.1 %
Market Size in 2030:
US $ 101.79 Bn.




 Segments Covered:
by Type
Cut Flowers
Bedding Plants
Potted Plants
Others




by Application
Conference and Activities
Personal use
Gift
Others






Floriculture Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Floriculture Market Key Players are:

1. Kariki
2. Multiflora
3. Karen Roses
4. Harvest Flower
5. Queens Group
6. Ball Horticultural
7. Afriflora
8. Karuturi
9. Oserian
10.Selecta One
11.Washington Bulb
12.Arcangeli Giovanni & Figlio
13.Carzan Flowers
14.Rosebud
15.Benary
16.Danziger
17.Sakata

Frequently Asked Questions:

1] What segments are covered in the Floriculture Market report?
Ans. The segments covered in the Floriculture Market report are based on Type, and Application.

2] Which region is expected to hold the highest share in the Floriculture Market?
Ans. The North America region is expected to hold the highest share in the Floriculture Market.

3] What is the market size of the Floriculture Market by 2030?
Ans. The market size of the Floriculture Market by 2030 is US $ 101.79 Bn.

4] What is the forecast period for the Floriculture Market?
Ans. The Forecast period for the Floriculture Market is 2024-2030

5] What was the market size of the Floriculture Market in 2023?
Ans. The market size of the Floriculture Market in 2023 was US $ 59.01 Bn. 




1. Floriculture Market Introduction
1.1. Study Assumption and Market Definition
1.2. Scope of the Study
1.3. Executive Summary

2. Global Floriculture Market: Competitive Landscape
2.1. MMR Competition Matrix
2.2. Competitive Landscape
2.3. Key Players Benchmarking
2.3.1. Company Name
2.3.2. Segments
2.3.3. Revenue (2023)
2.4. Leading Floriculture Market Companies, by Market Capitalization
2.5. Market Structure
2.5.1. Market Leaders
2.5.2. Market Followers
2.5.3. Emerging Players
2.6. Mergers and Acquisitions Details

3. Floriculture Market: Dynamics
3.1. Market Trends by Region
3.1.1. North America Floriculture Market Trends
3.1.2. Europe Floriculture Market Trends
3.1.3. Asia Pacific Floriculture Market Trends
3.1.4. Middle East and Africa Floriculture Market Trends
3.2. Market Dynamics by Global
3.3. PORTER’s Five Forces Analysis
3.4. PESTLE Analysis
3.5. Regulatory Landscape by Region
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Middle East and Africa
3.5.5. South America
3.6. Analysis of Others Schemes and Initiatives for Floriculture Industry

4. Floriculture Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
4.1. Floriculture Market Size and Forecast, By Type (2023-2030)
4.1.1. Cut Flowers
4.1.2. Bedding Plants
4.1.3. Potted Plants
4.1.4. Others
4.2. Floriculture Market Size and Forecast, By Application (2023-2030)
4.2.1. Conference and Activities
4.2.2. Personal use
4.2.3. Gift
4.2.4. Others
4.3. Floriculture Market Size and Forecast, By Region (2023-2030)
4.3.1. North America
4.3.2. Europe
4.3.3. Asia Pacific
4.3.4. Middle East and Africa
4.3.5. South America

5. North America Floriculture Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. North America Floriculture Market Size and Forecast, By Type (2023-2030)
5.1.1. Cut Flowers
5.1.2. Bedding Plants
5.1.3. Potted Plants
5.1.4. Others
5.2. North America Floriculture Market Size and Forecast, By Application (2023-2030)
5.2.1. Conference and Activities
5.2.2. Personal use
5.2.3. Gift
5.2.4. Others
5.3. North America Floriculture Market Size and Forecast, by Country (2023-2030)
5.3.1. United States
5.3.1.1. United States Floriculture Market Size and Forecast, By Type (2023-2030)
5.3.1.1.1. Cut Flowers
5.3.1.1.2. Bedding Plants
5.3.1.1.3. Potted Plants
5.3.1.1.4. Others
5.3.1.2. United States Floriculture Market Size and Forecast, By Application (2023-2030)
5.3.1.2.1. Conference and Activities
5.3.1.2.2. Personal use
5.3.1.2.3. Gift
5.3.1.2.4. Others
5.3.2. Canada
5.3.2.1. Canada Floriculture Market Size and Forecast, By Type (2023-2030)
5.3.2.1.1. Cut Flowers
5.3.2.1.2. Bedding Plants
5.3.2.1.3. Potted Plants
5.3.2.1.4. Others
5.3.2.2. Canada Floriculture Market Size and Forecast, By Application (2023-2030)
5.3.2.2.1. Conference and Activities
5.3.2.2.2. Personal use
5.3.2.2.3. Gift
5.3.2.2.4. Others
5.3.3. Mexico
5.3.3.1. Mexico Floriculture Market Size and Forecast, By Type (2023-2030)
5.3.3.1.1. Cut Flowers
5.3.3.1.2. Bedding Plants
5.3.3.1.3. Potted Plants
5.3.3.1.4. Others
5.3.3.2. Mexico Floriculture Market Size and Forecast, By Application (2023-2030)
5.3.3.2.1. Conference and Activities
5.3.3.2.2. Personal use
5.3.3.2.3. Gift
5.3.3.2.4. Others

6. Europe Floriculture Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1. Europe Floriculture Market Size and Forecast, By Type (2023-2030)
6.2. Europe Floriculture Market Size and Forecast, By Application (2023-2030)
6.3. Europe Floriculture Market Size and Forecast, by Country (2023-2030)
6.3.1. United Kingdom
6.3.1.1. United Kingdom Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.1.2. United Kingdom Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.2. France
6.3.2.1. France Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.2.2. France Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.3. Germany
6.3.3.1. Germany Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.3.2. Germany Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.4. Italy
6.3.4.1. Italy Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.4.2. Italy Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.5. Spain
6.3.5.1. Spain Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.5.2. Spain Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.6. Sweden
6.3.6.1. Sweden Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.6.2. Sweden Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.7. Austria
6.3.7.1. Austria Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.7.2. Austria Floriculture Market Size and Forecast, By Application (2023-2030)
6.3.8. Rest of Europe
6.3.8.1. Rest of Europe Floriculture Market Size and Forecast, By Type (2023-2030)
6.3.8.2. Rest of Europe Floriculture Market Size and Forecast, By Application (2023-2030)

7. Asia Pacific Floriculture Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1. Asia Pacific Floriculture Market Size and Forecast, By Type (2023-2030)
7.2. Asia Pacific Floriculture Market Size and Forecast, By Application (2023-2030)
7.3. Asia Pacific Floriculture Market Size and Forecast, by Country (2023-2030)
7.3.1. China
7.3.1.1. China Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.1.2. China Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.2. S Korea
7.3.2.1. S Korea Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.2.2. S Korea Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.3. Japan
7.3.3.1. Japan Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.3.2. Japan Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.4. India
7.3.4.1. India Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.4.2. India Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.5. Australia
7.3.5.1. Australia Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.5.2. Australia Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.6. Indonesia
7.3.6.1. Indonesia Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.6.2. Indonesia Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.7. Malaysia
7.3.7.1. Malaysia Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.7.2. Malaysia Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.8. Vietnam
7.3.8.1. Vietnam Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.8.2. Vietnam Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.9. Taiwan
7.3.9.1. Taiwan Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.9.2. Taiwan Floriculture Market Size and Forecast, By Application (2023-2030)
7.3.10. Rest of Asia Pacific
7.3.10.1. Rest of Asia Pacific Floriculture Market Size and Forecast, By Type (2023-2030)
7.3.10.2. Rest of Asia Pacific Floriculture Market Size and Forecast, By Application (2023-2030)

8. Middle East and Africa Floriculture Market Size and Forecast (by Value in USD Million) (2023-2030
8.1. Middle East and Africa Floriculture Market Size and Forecast, By Type (2023-2030)
8.2. Middle East and Africa Floriculture Market Size and Forecast, By Application (2023-2030)
8.3. Middle East and Africa Floriculture Market Size and Forecast, by Country (2023-2030)
8.3.1. South Africa
8.3.1.1. South Africa Floriculture Market Size and Forecast, By Type (2023-2030)
8.3.1.2. South Africa Floriculture Market Size and Forecast, By Application (2023-2030)
8.3.2. GCC
8.3.2.1. GCC Floriculture Market Size and Forecast, By Type (2023-2030)
8.3.2.2. GCC Floriculture Market Size and Forecast, By Application (2023-2030)
8.3.3. Nigeria
8.3.3.1. Nigeria Floriculture Market Size and Forecast, By Type (2023-2030)
8.3.3.2. Nigeria Floriculture Market Size and Forecast, By Application (2023-2030)
8.3.4. Rest of ME&A
8.3.4.1. Rest of ME&A Floriculture Market Size and Forecast, By Type (2023-2030)
8.3.4.2. Rest of ME&A Floriculture Market Size and Forecast, By Application (2023-2030)

9. South America Floriculture Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030
9.1. South America Floriculture Market Size and Forecast, By Type (2023-2030)
9.2. South America Floriculture Market Size and Forecast, By Application (2023-2030)
9.3. South America Floriculture Market Size and Forecast, by Country (2023-2030)
9.3.1. Brazil
9.3.1.1. Brazil Floriculture Market Size and Forecast, By Type (2023-2030)
9.3.1.2. Brazil Floriculture Market Size and Forecast, By Application (2023-2030)
9.3.2. Argentina
9.3.2.1. Argentina Floriculture Market Size and Forecast, By Type (2023-2030)
9.3.2.2. Argentina Floriculture Market Size and Forecast, By Application (2023-2030)
9.3.3. Rest Of South America
9.3.3.1. Rest Of South America Floriculture Market Size and Forecast, By Type (2023-2030)
9.3.3.2. Rest Of South America Floriculture Market Size and Forecast, By Application (2023-2030)

10. Company Profile: Key Players
10.1. Kariki
10.1.1. Company Overview
10.1.2. Business Portfolio
10.1.3. Financial Overview
10.1.4. SWOT Analysis
10.1.5. Strategic Analysis
10.1.6. Recent Developments
10.2. Kariki
10.3. Multiflora
10.4. Karen Roses
10.5. Harvest Flower
10.6. Queens Group
10.7. Ball Horticultural
10.8. Afriflora
10.9. Karuturi
10.10. Oserian
10.11. Selecta One
10.12. Washington Bulb
10.13. Arcangeli Giovanni & Figlio
10.14. Carzan Flowers
10.15. Rosebud
10.16. Benary
10.17. Danziger
10.18. Sakata
10.19. XXX Inc.

11. Key Findings
12. Industry Recommendations
13. Floriculture Market: Research Methodology
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