The Cut Flowers Market is being driven by Use of cut flowers for decorative and aesthetic purposes
The Cut Flowers Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 21106.2 million. In the cut flowers market, a significant trend emerges with the increasing production and trade of hybrid ornamental plants. To capitalize on consumer demand for diverse floral offerings, growers have been intensely engaged in crossbreeding various flowers, particularly roses. These hybrid roses are double-flowered, with some boasting additional petals, while others exhibit attractive and scented foliage, such as Rosa glauca, or ornamental thorns, like Rosa sericea. The hybridization process enhances the aesthetic value and marketability of these flowers, thereby contributing to the overall growth of the cut flowers industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
Market growth 2025-2029 |
USD 21106.2 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.1 |
Key countries |
US, UK, Germany, China, Italy, Canada, France, The Netherlands, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The cut flowers market encompasses various floricultural products, including ornamental plants and vibrant colored flowers for floral arrangements and home decoration. These flowers are produced in greenhouses using technological advancements like heat mats and roll-up vents. Special occasions and formal events are major consumers, along with urban areas for home decoration and culinary value. Positive ions and captivating fragrances offer mood-enhancing properties, while high-quality flowers provide health benefits and air purification. Evolving consumer demands prioritize eco-friendly practices, phytosanitary conditions, and packaging requirements. Floral decorations are essential for weddings, requiring phytosanitary certification and product labeling. Customs declarations ensure the safe transport of these decorative and pleasant-smelling flowers for various decorative purposes and public places. Florists and wedding planners rely on these flowers to create relaxing atmospheres, improve space aesthetics, and even reduce cortisol levels.
In the agricultural products and services sector, the floriculture segment encompasses the production and sale of cut flowers for various applications, including event floristry and flower delivery services. Pre-production in this market involves strategic crop selection and comprehensive land or greenhouse preparation to ensure optimal growing conditions for the desired floral varieties. This stage sets the foundation for successful cultivation and subsequent value addition processes, such as harvesting, processing, and distribution.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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