Floriculture Market reached a value of US $ 54.59 Bn. in 2022. Cut Flower is one of the dominating segment of the Floriculture Market.
Floriculture Market Overview:
A distinguished global market research firm has recently released an exhaustive market research report focusing on the Floriculture Market. The report provides a wealth of data and visually engaging representations to analyze both regional and global markets. It offers valuable insights into the market’s objectives and includes comprehensive information on top competitors, their market value, current trends, strategies, targets, and product offerings. The report also highlights the market’s recent growth and historical data, providing crucial information for stakeholders.
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Floriculture Market Scope:
The research report delves deep into the analysis of trending competitors, their growth patterns, and the dynamics of the market. It offers insights into the regional and global market value and demand, enabling a better understanding of the competitive landscape and the market’s potential in terms of production, demand, and supply. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, which inform marketing strategies, targeted products, offers, and customer experiences. The report utilizes Porter’s analysis to determine organizations’ competitive positions and improve profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services within the contextual data. SWOT analysis is employed to evaluate the internal and external factors contributing to a company’s strengths, weaknesses, advantages, and disadvantages. This report provides a comprehensive and informative overview of the Floriculture Market.
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Floriculture Market Segmentation:
by Type
Cut Flowers
Bedding Plants
Potted Plants
Others
The floral industry is divided into four categories based on type: cut flowers, bedding plants, potted plants, and others. In 2022, the Cut Flowers category accounted for 83% of the market. Due to their attractiveness and lovely scent, cut flowers are becoming more and more popular with customers, which is why the market is growing. Cut flowers are also simple to handle and harvest, disease- and pest-resistant, and straightforward to maintain. Since cut flowers are Kenya’s second-most exported good after tea, the sector is anticipated to make a major contribution to the country’s GDP. However, in order to achieve a lovely texture and adapt to changing customer tastes for flowers and floral decorating, floral designers are combining cut flowers with cut greenery and dried botanicals.
by Application
Conference and Activities
Personal use
Gift
Others
The floriculture market is divided into conferences and activities, personal use, gifts, and others according on the application. In 2022, the Gift sector accounted for 57% of the market, which was the highest proportion. The increased usage of flowers as gifts for special occasions or events, such as birthdays, family gatherings, Valentine’s Day, Mother’s Day, and others, is credited with driving the rise of the floriculture market globally. In 2022, more than 60% of all flowers and ornamental plants sold worldwide will be bought as gifts; 20% will be bought for weddings or funerals; and almost 20% will be bought for the home or workplace.
by Sales Channel
Direct
Indirect
by End Use
Personal Use
Institutions/Events
Hotel, Reports & Spas
Industrial
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Floriculture Market Major Players:
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
Regional Analysis:
The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.
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Key Questions Addressed in the Floriculture Market Report:
- What defines the Floriculture Market?
- What is the forecast period for the Floriculture Market?
- How does the competitive landscape look in the Floriculture Market?
- Which region holds the largest market share in the Floriculture Market?
- What opportunities are available in the Floriculture Market?
- What factors influence the growth of the Floriculture Market?
- Who are the key players in the Floriculture Market?
- Which company holds the largest share in the Floriculture Market?
- What will be the compound annual growth rate (CAGR) of the Floriculture Market during the forecast period?
- What key trends are expected to emerge in the Floriculture Market in the coming years?
Key Offerings:
- Market Share, Size, and Revenue Forecast| 2023-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Floriculture Market
- Landscape: Leading key players and other prominent participants
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