How Are Technological Innovations Impacting Floriculture?
10 Apr, 2025
Floriculture Market size was valued at USD 63.79 Bn in 2024 and is expected to reach USD 118.95 Bn by 2032, at a CAGR of 8.1%
Learn about the Floriculture Market growth and developments.
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Floriculture Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Floriculture market, with forecasts outspreading to the year 2032.
Discover how we define the Floriculture Market scope and research approach.
The Floriculture market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Floriculture market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Floriculture Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Floriculture Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Floriculture Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Floriculture market situations in various nations. The Floriculture market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
In 2023, the Cut Flowers sector accounted for the greatest portion of the Floriculture Market. The segment is also anticipated to expand at a CAGR of 8.2% over the projection period, per the MMR analysis. Because of their lovely scent and aesthetic appeal, cut flowers are becoming more and more popular with customers, which is responsible for the segment's rise. Cut flowers are also resistant to pests and disease, and they are simple to handle and harvest. Since cut flowers are Kenya's second-most-exported commodity after tea, the market is predicted to contribute significantly to the country's GDP. by Flower Type
Rose Chrysanthemum Tulip Lily Gerbera Carnations Texas Blueball Freesia Hydrangea Others by Application
Personal Use Institutions/Events Hotels, Resorts, & Spas Industrial Others
In 2024, the biggest market share was held by the Institutions/Events segment. Large quantities of flowers are needed for decorative purposes at institutions and events including weddings, business gatherings, and cultural festivities. This segment's market share is greatly increased by the steady and large volume of demand. The need is increased by organizations such as offices, colleges, and universities who buy flowers for formal occasions, yearly festivities, or memorials. The demand in this market is further driven by spikes in flower consumption for events during special occasions like Valentine's Day, Christmas, and other festivals.
Get a closer look at the game-changing products driving success :
•Past Size and Competitive Landscape • Past Pricing and price curve by region • Size, Share, Size Forecast by different segment • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region • Segmentation A detailed analysis by segment with their sub-segments and Region • Competitive Landscape Profiles of selected key players by region from a strategic perspective
Note:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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