Floriculture Market Forecast: Expanding at 8.1% CAGR, Expected to Surpass $118 Billion by 2032

Floriculture Market size was valued at USD 63.79 Bn in 2024 and is expected to reach USD 118.95 Bn by 2032, at a CAGR of 8.1%

Learn about the Floriculture Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Floriculture Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Floriculture market, with forecasts outspreading to the year 2032.

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Discover how we define the Floriculture Market scope and research approach.

The Floriculture market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Floriculture market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Floriculture Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Floriculture Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the Floriculture Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Floriculture market situations in various nations. The Floriculture market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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Floriculture Market segmentation :

by Type

Cut Flowers

Bedding Plants

Potted Plants

Others

In the Floriculture Market in 2023, the Cut Flowers sector had the biggest market share, with roughly %. The segment is also anticipated to expand at a CAGR of 8.2% over the projected period, per the MMR analysis. Because of their lovely scent and aesthetic appeal, cut flowers are becoming more and more popular with customers, which is responsible for the segment's rise. Cut flowers are also resistant to pests and disease, and they are simple to handle and harvest. Since cut flowers are Kenya's second-most-exported commodity after tea, the market is predicted to contribute significantly to the country's GDP.

by Flower Type

Rose

Chrysanthemum

Tulip

Lily

Gerbera

Carnations

Texas Blueball

Freesia

Hydrangea

Others

by Application

Personal Use

Institutions/Events

Hotels, Resorts, & Spas

Industrial

Others

The market share that was highest in 2024 was held by the Institutions/Events segment. For decorative purposes, a lot of flowers are needed for institutions and occasions including weddings, business gatherings, and cultural ceremonies. The steady and substantial amount of demand greatly increases this segment's market share. Flowers are often purchased for formal events, yearly celebrations, and commemorative occasions by organizations such as offices, universities, and schools, which increases demand. Flower consumption for events rises during special occasions like Valentine's Day, Christmas, and other festivals, which fuels demand in this market.

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Learn about the top players driving innovation in the Floriculture Market :

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

Table of Content: Floriculture Market

Part 01: Executive Summary

Part 02: Scope of the Floriculture Market Report

Part 03: Global Floriculture Market Landscape

Part 04: Global Floriculture Market Sizing

Part 05: Global Floriculture Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Get answers to critical questions shaping the Floriculture Market

What is Floriculture ?

What is the growth rate of the Floriculture Market?

Which are the factors expected to drive the Floriculture market growth?

What is the CAGR at which the Floriculture market will grow during the forecast period?

What are the different segments of the Floriculture Market?

Which is the fastest growing region in the Floriculture market?

What growth strategies are the players considering to increase their presence in Floriculture ?

What are the upcoming opportunities and trends for the Floriculture Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Floriculture Market?

Who are the leading companies and what are their portfolios in Floriculture Market?

What segments are covered in the Floriculture Market?

Who are the key players in the Floriculture market?

Get a closer look at the game-changing products driving success :

           • Past Size and Competitive Landscape

           • Past Pricing and price curve by region

           • Size, Share, Size Forecast by different segment

           • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

           • Segmentation A detailed analysis by segment with their sub-segments and Region

           • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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