Latest News- Flower And Ornamental Plants Market: Cut flowers is expected to lead the Product segment during 2025-2029

The Flower And Ornamental Plants Market is being driven by Use of flowers and plants for decorative and aesthetic purposes

The Flower And Ornamental Plants Market is expected to grow at a CAGR of 6.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 39.1 billion. In the Flower and Ornamental Plants Market, effective distribution channels are essential for expanding market reach and ensuring product availability. Manufacturers are prioritizing the development of robust distribution networks to cater to larger consumer demographics. Advanced technologies, such as convenient ordering systems and efficient delivery methods, are being integrated to enhance the customer experience. Leading retailers, including Costco and Walmart, are offering a range of ornamental plants from various brands and price points. In the Business-to-Consumer (B2C) sector, the online segment is driving market growth. The global expansion of e-commerce is primarily fueled by the increasing Internet penetration, the rise of smartphone usage, and the growing popularity of consumer banking systems. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Cut flowers
  • Potted plants
• End-user
  • Commercial
  • Residential
• Distribution Channel
  • Offline
  • Online
• Geography
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Use of flowers and plants for decorative and aesthetic purposes
• Growth in floriculture
• Profitability associated with growing ornamental plants

However, the market also witnesses some limitations, which are as follows:

• Dependence on climatic conditions
• Use of toxic chemicals
• High perishability and short shelf life of flower and ornamental plants

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Market Scope in Flower And Ornamental Plants Market Research Report

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Research Analysis Overview

The Flower and Ornamental Plants market encompasses a wide range of products, including hybrid varieties, which offer unique combinations of traits such as disease resistance, longer blooming periods, and vibrant flower colors and sizes. Other important factors include plant hardiness, growth habit, leaf texture and color, root system, water and light requirements, temperature tolerance, seed production, and cut flower longevity. Additionally, the market includes artificial and dried flowers, silk flowers, floral accessories, gardening tools, organic fertilizers, irrigation systems, and various technologies for optimizing plant growth, such as greenhouses, grow lights, climate control, automated systems, precision agriculture, data analytics, and consumer and floral design trends. The market caters to various applications, including event planning, wedding flowers, funeral arrangements, holiday decor, and corporate gifting.

Market Research Overview

In the agricultural products and services sector, the market is categorized into food and non-food segments, with the latter encompassing floriculture and horticulture. This segment includes the production and trade of cut flowers, potted plants, bulb plants, and ornamental trees. Pre-production processes in this market involve strategic crop or species selection and comprehensive land or pond preparation to ensure optimal growing conditions for these ornamental plants. These initial steps are crucial in securing a successful yield and maintaining the overall health and vitality of the crops.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/