Press release
Global Cut Flowers Market 2024 Growth Rate, Latest Trends, Industry Insights And Forecast To 2033
The cut flowers market size has grown strongly in recent years. It will grow from $33.83 billion in 2023 to $35.73 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to cultural and social traditions, floral gifting practices, globalization and supply chain development, expansion of floriculture industry, rise of e-commerce platforms.
The cut flowers market size is expected to see strong growth in the next few years. It will grow to $43.97 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rising demand for sustainable and local products, evolving consumer preferences for online purchases, customization and personalization, health and wellness, partnerships with florists and retailers. Major trends in the forecast period include technological advancements in cultivation, innovations in flower varieties and genetics, rise in online flower purchases, popularity of locally grown flowers, increased focus on flower longevity.
Market Overview -
Cut flowers refers to flowers that have been cut from their bearing plant that are produced under cover or in field operations. It is used for decorative or ornamental purposes.
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Growing Demand For Decorative Floral Arrangements Drives Surge In Cut Flowers Market
The rising demand for cut flowers for decorative purposes is expected to propel the growth of the cut flowers market going forward. Cut flowers for decorative purposes refer to flowers that are grown specifically to be cut and used in various decorative applications, such as floral arrangements, bouquets, and centerpieces. As more consumers purchase cut flowers for decorative purposes for floral arrangements, bouquets, and centerpieces, the demand for cut flowers is increasing which will boost the market. For instance, in January 2022, according to the report published by the International Association of Horticultural Producers (AIPH), a UK-based trade association dedicated to promoting horticultural producers, the global cut flower industry experienced an overall growth of 40% between 2015 and 2020. Therefore, the rising demand for cut flowers for decorative purposes will increase the demand for the cut flowers.
Competitive Landscape -
Major companies operating in the cut flowers market report are Syngenta Flowers, Flower Auction Aalsmeer, Flamingo Horticulture Holdings Limited, Sher Holland BV, Selecta One Group, MultiFlora Ltd., Dümmen Orange Holding B.V., Red Lands Roses Ltd., Washington Bulb Company Incorporated, Soex Flora Group B.V., David Austin Roses Limited, Royal Van Zanten, Dos Gringos LLC, Esmeralda Farms Inc., Oserian Development Company Limited, The Queen's Flowers SAS, Selecta Cut Flowers SAU, Kariki Limited, Karen Roses Ltd., Florius Flowers, James Finlay & Co., Marginpar B.V., Rosebud Holdings Limited, Afriflora Sher Ethiopia plc, Florance Flora LLP, Beekenkamp Group, Karuturi Global Limited, Kwekerij De Ruiter, Ambuja Flower Farm
Innovative Floral To Gain A Competitive Edge In The Market
Major companies in the cut flowers market are focused on developing innovative florals, such as genetically modified flowers, to gain a competitive edge in the market. A genetically modified flower is a plant whose genetic material has been altered using genetic engineering techniques to introduce desired traits or characteristics. For instance, in August 2023, Suntory Flowers, a US-based developer of creative flowers, launched the BluOcean Chrysanthemum, a genetically modified flower with violets and blues, developed in collaboration with the National Agriculture and Food Research Organization in Japan. With enhanced color traits, including violets, blues, and lavenders, the BluOcean Chrysanthemum is tailored for professional florists aiming to elevate floral arrangements.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/cut-flowers-global-market-report
Key Segments -
The cut flowers market covered in this report is segmented -
1) By Flower Type: Rose, Chrysanthemum, Carnation, Gerbera, Lilium, Other Flower Types
2) By Application: Personal Use, Parties And Special Days, Wedding And Mega Cultural Events, Welcoming And Greeting, Conference And Activities, Other Applications
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Store Or Florists, Online Retail, Other Distribution Channels
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The cut flowers market size is expected to see strong growth in the next few years. It will grow to $43.97 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rising demand for sustainable and local products, evolving consumer preferences for online purchases, customization and personalization, health and wellness, partnerships with florists and retailers. Major trends in the forecast period include technological advancements in cultivation, innovations in flower varieties and genetics, rise in online flower purchases, popularity of locally grown flowers, increased focus on flower longevity.
Market Overview -
Cut flowers refers to flowers that have been cut from their bearing plant that are produced under cover or in field operations. It is used for decorative or ornamental purposes.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10138&type=smp
Growing Demand For Decorative Floral Arrangements Drives Surge In Cut Flowers Market
The rising demand for cut flowers for decorative purposes is expected to propel the growth of the cut flowers market going forward. Cut flowers for decorative purposes refer to flowers that are grown specifically to be cut and used in various decorative applications, such as floral arrangements, bouquets, and centerpieces. As more consumers purchase cut flowers for decorative purposes for floral arrangements, bouquets, and centerpieces, the demand for cut flowers is increasing which will boost the market. For instance, in January 2022, according to the report published by the International Association of Horticultural Producers (AIPH), a UK-based trade association dedicated to promoting horticultural producers, the global cut flower industry experienced an overall growth of 40% between 2015 and 2020. Therefore, the rising demand for cut flowers for decorative purposes will increase the demand for the cut flowers.
Competitive Landscape -
Major companies operating in the cut flowers market report are Syngenta Flowers, Flower Auction Aalsmeer, Flamingo Horticulture Holdings Limited, Sher Holland BV, Selecta One Group, MultiFlora Ltd., Dümmen Orange Holding B.V., Red Lands Roses Ltd., Washington Bulb Company Incorporated, Soex Flora Group B.V., David Austin Roses Limited, Royal Van Zanten, Dos Gringos LLC, Esmeralda Farms Inc., Oserian Development Company Limited, The Queen's Flowers SAS, Selecta Cut Flowers SAU, Kariki Limited, Karen Roses Ltd., Florius Flowers, James Finlay & Co., Marginpar B.V., Rosebud Holdings Limited, Afriflora Sher Ethiopia plc, Florance Flora LLP, Beekenkamp Group, Karuturi Global Limited, Kwekerij De Ruiter, Ambuja Flower Farm
Innovative Floral To Gain A Competitive Edge In The Market
Major companies in the cut flowers market are focused on developing innovative florals, such as genetically modified flowers, to gain a competitive edge in the market. A genetically modified flower is a plant whose genetic material has been altered using genetic engineering techniques to introduce desired traits or characteristics. For instance, in August 2023, Suntory Flowers, a US-based developer of creative flowers, launched the BluOcean Chrysanthemum, a genetically modified flower with violets and blues, developed in collaboration with the National Agriculture and Food Research Organization in Japan. With enhanced color traits, including violets, blues, and lavenders, the BluOcean Chrysanthemum is tailored for professional florists aiming to elevate floral arrangements.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/cut-flowers-global-market-report
Key Segments -
The cut flowers market covered in this report is segmented -
1) By Flower Type: Rose, Chrysanthemum, Carnation, Gerbera, Lilium, Other Flower Types
2) By Application: Personal Use, Parties And Special Days, Wedding And Mega Cultural Events, Welcoming And Greeting, Conference And Activities, Other Applications
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Store Or Florists, Online Retail, Other Distribution Channels
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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