Floriculture Market Valued at US$ 54.59 Bn in 2022, with Cut Flower Segment Dominating

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Floriculture Market new Developments and Market Insights

Floriculture Market Overview:

The Floriculture Market report offers a thorough analysis of the opposition, together with information on market share and company profiles for the leading foreign rivals. The scope of the study includes a full examination of the Floriculture Market as well as the factors influencing regional variations in the expansion of the sector.

The cultivation and selling of flowers and attractive plants are the focus of the horticultural discipline known as floriculture. The floriculture industry produces floral and decorative plants in greenhouses and on farms. Bedding plants, houseplants, house-flowers, flowering gardens, pot plants, cut cultivated greens, and cut flowers make up the floriculture crops. Typically, people use flowers for greetings, décor, and aesthetic purposes. Flowers are associated with wealth and happiness, which benefits the floriculture industry globally.

Floriculture Market reached a value of US $ 54.59 Bn. in 2022. Cut Flower is one of the dominating segment of the Floriculture Market.

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Floriculture Market Segmentation:

Global Floriculture Market, by Type (2022-2029)

• 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.

Global Floriculture Market, by Application (2022-2029)

• 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.

Global Floriculture Market, by Sales Channel (2022-2029)

• Direct
• Indirect

Global Floriculture Market, by End Use (2022-2029)

• Personal Use
• Institutions/Events
• Hotel, Reports & Spas
• Industrial

 

Floriculture Market Key Players:

Both primary and secondary research are carried out in order to identify the market’s leaders and forecast market revenue. CEOs, marketing executives, and seasoned front-line employees are just a few of the significant thought leaders and subject matter experts that are included in the primary study’s in-depth interviews. In-depth interviews with significant thought leaders and business experts, including CEOs, marketing executives, and seasoned front-line personnel, were done as part of the primary study. Reviewing the annual and financial reports of the major manufacturers was done as part of the secondary study. Secondary data is employed to calculate percentage splits, market shares, growth rates, and global market breakdowns. The results of these calculations are then compared to primary data. The Floriculture Market is dominated by the following businesses:

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

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Regional Analysis:

The regional market research analysis for Floriculture also covers particular market driving forces and changes in market laws affecting current and future market trends. In order to assess the potential market as a whole and identify profitable patterns to build a stronger foundation, current and upcoming trends are researched. The current environment and predicted trends form the foundation of the geographic market’s appraisal.

COVID-19 Impact Analysis on Floriculture Market:

The research on the expansion of the programming language market offers a thorough regional analysis. It has a worldwide impact when it analyses the biggest regional differences, such as those between North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. To keep ahead of the competition, Floriculture Market research gains a better perspective and understanding of the Market and target audience.

Table Of Content :

1. Global Floriculture Market: Research Methodology

2. Global Floriculture Market: Executive Summary

2.1 Market Overview and Definitions
2.1.1. Introduction to Global Floriculture Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Floriculture Market: Competitive Analysis

3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Floriculture Market Segmentation

4.1 Global Floriculture Market, by Type (2022-2029)
• Cut Flowers
• Bedding Plants
• Potted Plants
• Others
4.2 Global Floriculture Market, by Application (2022-2029)
• Conference and Activities
• Personal use
• Gift
• Others
4.3 Global Floriculture Market, by Sales Channel (2022-2029)
• Direct
• Indirect
4.4 Global Floriculture Market, by End Use (2022-2029)
• Personal Use
• Institutions/Events
• Hotel, Reports & Spas
• Industrial

 

The Programming Language Market Report provides key answers to the following issues:

  • How competitive is the Market environment?
  • What are the primary factors influencing the Floriculture Market’s expansion?
  • Which region dominates the Floriculture market in terms of Market share?
  • What is the projected CAGR for the market from 2022 to 2029?

Key Offerings:

  • Historical Market Size and Competitive Environment (2018–2021)
  • Price curves in the past and by region (2018 to 2021)
  • Market Size, Share, Size & Forecast for Each Segment | 2022–2029.
  • Market Dynamics: Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation: Detailed Analysis by Segment with Sub-Segments and Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape: Strategic player profiles for a few prominent players by area
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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About Maximize Market Research:

With experts from several industries, Maximise Market Research is a versatile market research and consulting firm. Science and engineering, electronic components, business equipment, communication technology, cars and autos, chemical goods and chemicals, general commerce, alcoholic drinks, personal care products, and automated systems are a few of the industries we serve. To name a few, we offer client impact studies, competitive analysis, production and demand analysis, market-verified industry estimates, technical trend analysis, vital market research, and strategic recommendations.

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