Flower And Ornamental Plants Market Size to grow by USD 37.8 billion between 2024-2028
According to a research report “ Flower And Ornamental Plants Market” by Product (Cut flowers, Potted plants) End-user (Commercial, Residential) Geography (APAC, Europe, North America, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 37.8 billion, at a CAGR of 6.69% during the forecast period. In the decorative industry, flower and ornamental plants play a pivotal role, particularly during significant occasions such as weddings, funerals, anniversaries, and birthday celebrations. These events often include substantial floral budgets, with flowers holding great importance in various cultures, particularly in the Asia-Pacific region. Commonly used flowers for funeral arrangements include lilies, carnations, chrysanthemums, gladioli, daffodils, and tulips. In the context of weddings, roses, tulips, lilies, and hydrangeas are popular choices. Additionally, in Indian weddings, jasmine, marigold, gerbera daisy, orchid, and freesia are frequently used for decorations, resulting in a high demand for these flowers within the Indian market.
Browse market data tables, figures, and in-depth TOC on “Flower And Ornamental Plants Market” by Product (Cut flowers, Potted plants) End-user (Commercial, Residential) Geography (APAC, Europe, North America, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Product, the Cut flowers segment is projected to dominate the market size in 2024
The Flower and Ornamental Plants market represents a significant business opportunity, with increasing demand driven by growing awareness of the aesthetic and therapeutic benefits of these plants. Key market trends include the rising popularity of eco-friendly and sustainable gardening practices, as well as the increasing use of technology to enhance plant growth and consumer engagement. Strategic partnerships, product innovation, and expansion into emerging markets are essential strategies for market participants to stay competitive.
By End-user, Commercial segment is expected to hold the largest market size for the year 2024
The Flower and Ornamental Plants market represents a significant business opportunity, with increasing demand driven by growing awareness of the aesthetic and psychological benefits of these plants. Key players in this industry focus on innovation, sustainability, and efficient distribution networks to cater to diverse consumer preferences and seasonal demands. Market expansion is facilitated by e-commerce platforms, home improvement stores, and specialized nurseries, with potential for further growth in emerging markets.
APAC is forecasted to hold the largest market size by region in 2024
The Flower and Ornamental Plants market represents a significant business opportunity, with increasing demand driven by growing awareness of the aesthetic and health benefits of these plants. Key players in this sector focus on innovation, sustainability, and efficient supply chain management to cater to diverse consumer preferences and seasonal fluctuations. The market is expected to expand at a steady pace due to rising disposable income and urbanization trends.
The Flower And Ornamental Plants Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
.
For insights on company offerings- Request a sample report!
Research Analysis Overview
The Flower and Ornamental Plants market encompasses a wide range of cultivated flora, including sustainably grown plants for landscaping, events, and personal use. Sustainability is a key focus in this industry, with an increasing emphasis on eco-friendly growing practices and reducing the carbon footprint of production and transportation. Landscapers, event planners, florists, residential consumers, and commercial enterprises all benefit from the aesthetic appeal of flowers and ornamental plants. Popular choices include roses, tulips, lilies, hydrangeas, peonies, buttercups, stephanotis, gardenias, sweet peas, and various houseplants. The floral industry is constantly evolving through plant breeding, with new cross breeding techniques leading to unique and captivating varieties. For instance, Scully roses and Purple Wedding tulips have gained popularity in recent years for their striking colors and long vase life. Landscape design and gardens are essential components of sustainable living, providing both functional and aesthetic benefits. Ornamental plants contribute significantly to interior decoration as well, enhancing the ambiance of homes and offices. In summary, the flower and ornamental plants market offers a diverse range of products that cater to various sectors, from landscaping and event planning to personal use. With a focus on sustainability and continuous innovation, this industry continues to thrive and enrich our lives.
Market Research Overview
The global Flower and Ornamental Plants market is a significant contributor to the sustainable and eco-friendly economy, focusing on Nature's beauty for various applications. The market caters to diverse segments, including landscapers, event planners, florists, residential consumers, and commercial enterprises, making the Floral industry a thriving sector. Key players in the market, such as Scully, Purple Wedding, Peach Party, Pink Kisses, and Clematis Amazing, offer a wide range of aesthetically pleasing ornamental plants and flowers. Sustainability is a priority, with an emphasis on mental health benefits and therapeutic uses. Indoor plants are increasingly popular due to transportation restrictions and the ability to provide year-round greenery. Multi-breeding and cross-breeding techniques have led to the development of high-demand flowers like Roses, Tulips, Lily, Hydrangeas, Peonies, Buttercups, Stephanotis, Gardenias, Sweet Peas, and various Hofland flowering plants. The market covers both the home segment and commercial segment, with potted plants, bulbs, seedlings, flower seeds, and houseplants being popular choices. Retailers like Syngenta, Ferns N Petals, and others employ various pricing strategies to cater to different consumer segments, with premium products being a significant part of the market. The floral industry's economic upturn is driven by consumer spending on weddings, bouquets, and events. Preservatives, post-harvest storage, and plant protection measures are essential for maintaining the quality and longevity of the products. Nursery operations and bulb cultivation are crucial aspects of the market, with a focus on cultivated flora's aesthetic appeal and cut flowers' floriculture and plant breeding.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
