Floriculture Market Size, Share, By Product Type (Cut Flowers, Pot Plants, Cut Foliage, Bedding Plants, and Others), By Demographic (Age, Gender, Income, Location), By Application (Gifts, Decoration, Cosmetics, Perfumes, and Pharmaceuticals), By Distribution Channel (Retail, Wholesale, Direct-to-Consumer), and By Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI19319 | Publish Date: April 2024 | No. of Pages: 182

Global Floriculture Market By Product Overview

Floriculture Market Size was valued at USD 62.9 Billion in 2024 and is expected to reach USD 119.6 Billion by 2034 growing at a CAGR of 7.30%

Floriculture, growing flowers and ornamental plants, has grown into a significant industry worldwide. This business sector comprises all activities starting from the growing and harvesting of the flowers to the distribution, processing, and, lastly, retailing of the flowers. From the classy rose to the bright sunflower, floriculture caters to richly varying consumer tastes, ranging from personal embellishments to interior decoration and the ornamentation of large spaces. The floriculture market is driven by various factors: increasing urbanization, rising disposable incomes, and growing appreciation for aesthetics. Flowers form an intrinsic part of modern life and are used to signify feelings, surroundings, and to add a green touch to both interior and exterior environments. Besides, the floriculture industry also boosts the economy through the creation of employment opportunities and promoting rural development.

In the last decade, floriculture has achieved great things thanks to innovation. The technologies that were introduced into practice increased efficiency, improved the quality of the product, and made it more sustainable. It includes innovations in hydroponics, tissue culture, up-to-date breeding techniques, and the like to match consumer demand, which is changing within a globalizing market. With enhanced awareness among consumers about green issues, sustainably produced flowers are experiencing growing demand. The move has forced a number of floriculture enterprises to embrace eco-friendly production methods that ensure the organic cultivation of flowers, water conservation, and reduced usage of chemicals. The floriculture market holds promise, where growth, innovation, and sustainability go hand in hand. With continuous yearning for beauty, nature, and emotional connections, demand for flowers can only be inelastic, thus driving the industry forward.

Global Floriculture Market By Product Dynamics

Key Drivers of Target Market:

Demand for Personalized Products on the Rise

  • Consumer purchases are increasingly customized in nature; people look to experience uniqueness and customization in most purchases. Floriculture does not lag behind in this trend, for example, demand for the custom arrangement of flowers during weddings, anniversaries, and other such personal events. On such bespoke designs, personalized messages, and custom color schemes/arrangements, business enterprises can differentiate. Such personalized floral products can command premium prices and have better customer relationships.

Environmental Sustainability Awareness

  • The consumers are getting more and more sensitive to sustainability and the environment. The demand for flowers and plants that are sustainably sourced, cultivated without chemicals, and packaged in a friendly environmental way has increased. This gives businesses related to floriculture that engage in green practices and sustainable options an edge over others by attracting environmentally sensitive customers, gaining brand reputation, and probably commanding premium prices for their products.

Restrains:

Perishability of Products

  • Flowers are perishable and hence their management involves a rather intricate distribution. Perishability demands effective supply chain logistics that reduces wastes while ensuring freshness. This includes proper storage, timely transportation, and quick turnover of inventory. This means balancing the amount of inventory with demand to not lose product and money associated with the loss.

Opportunities:

Diversification in Product Offerings

  • It will also help in capturing a larger market because it diversifies into more products, like potted plants, dried flowers, and accessories related to floral products. In the case of value-added services, floral subscriptions, event planning, and delivery service raise the level of customer engagement. Thus, diversification opens up additional revenue streams that help companies reduce the risks associated with dependence on a single product or market segment.

Global Floriculture Market By Product Segmentation

The market is segmented based on Product Type, Demographic, Application, Distribution Channel, and Region.

Product Type Insights:

  • Cut Flowers: These are the flowers that are harvested from the plant and used in arrangements or as bouquets. They are popular for their aesthetic appeal; hence, they are commonly used for special occasions, decorations, or gifts. Examples: roses, lilies, tulips. Cut flowers are especially prized for their beauty and hence attached to joyous celebration or expression of affection.
  • Pot plants: These are flowering or non-flowering plants grown in pots or containers. They are used for indoor and outdoor decoration and are mostly utilized because of their long-term value compared to the use of cut flowers. Examples include orchids, peace lilies, and bonsai. These plants become popular for home and office decorations since they offer permanent green and colored views.
  • Cut Foliage: This is the foliage and stems of plants that are cut for decoration. Most of the use of cut foliage is in floral arrangements and as fillers in bouquets. It can also be used in making wreaths or garlands. Examples include eucalyptus, ferns, and palm leaves. Cut foliage provides variety of texture to floral designs.
  • Bedding Plants: These are small plants used mainly for garden beddings and landscapes. They commonly grow from seeds or seedlings, and often, they are planted to provide seasonal color and decoration for both interior and exterior spaces. Marigolds, petunias, and begonias are typical examples of bedding plants. They form the mainstay of vivid and beautiful displays in any garden.
  • Others: This is the catch-all category for all those other floral products that do not easily fit into the previous categories. This would include dried flowers, floral arrangements in unique containers, and even edible flowers. In most cases, these products will be geared toward niche markets and offer specialized uses or benefits.

Demographic insights:

  • Age: Flower preferences tend to vary across age groups. For example, young consumers would want trendier and vibrant arrangements while the elderly would want to go for the classic flowers. The age would have an effect on the choice of flowers as well as the frequency of their purchase.
  • Gender: The preference for flowers can also vary by gender. While women have been, by tradition, the main customers buying flowers, interest from men has recently increased, especially as gifts and for home decoration. Various marketing strategies might be involved in this difference of preferences and purchasing behavior.
  • Income: This is the general level of income, which affects buying decisions related to flowers. The high-income earners would prefer to purchase luxury or exotic flowers and also demand highly expensive arrangements. The low-income earners will prefer cheaper flowers. Income determines the quality and quantity of floral products purchased.
  • Location: Geographic location has a bearing on the flower preference because of the climate, cultural practices, and the local floral tradition. For instance, some flowers are more favored within the tropics compared to temperate regions. Also, urban areas tend to raise comparatively higher demand than the rural ones, often because of lifestyle and aesthetic preference.

Application insights:

  • Gifts: Flowers are used as gifts on numerous occasions, including anniversaries, birthdays, and holidays. They have value in the sense that they signify feelings and display major life events. The use of flower arrangements and bouquets is growing as a means of gift-giving.
  • Decoration: Flowers find a major role in decoration, both indoors and outdoors. They are used to decorate houses, offices, and events such as weddings, parties, and corporate functions. Floral arrangements can enhance the aesthetic value of any space and give it a welcoming feel.
  • Cosmetics: Some flowers and plants find application in the beauty industry because of their various useful properties. These ingredients become highly in demand in skincare for soothing and anti-inflammatory purposes, for example, rose water, chamomile, and lavender.
  • Perfumes: Flowers supply the aroma industry with their essential oils and extracts to formulate perfumes and scented products. Jasmine, rose, and lilac are the most famous floral notes that shape the fragrance profiles of many different products.
  • Pharmaceuticals: Some flowers and plants are medicinal in nature and hence enter the pharmaceutical industry to manufacture natural remedies or health supplements. An example is Echinacea for immune support and Calendula for its anti-inflammatory properties.

Distribution Channel insights:

  • Retail selling involves the sale of flowers through physical stores such as florists, garden centers, and supermarkets. This channel allows customers to view and select the flowers they wish to buy in person and take them immediately.
  • Wholesale: The wholesale distribution channel sells flowers in bulk to other businesses, such as florists, event organizers, or retailers. In many ways, this channel has larger transactions and sometimes acts as a channel to distribute flowers through various retail outlets and events.
  • Direct-to-Consumer: This includes online florists and subscription services that sell directly to the consumer, by whom the bouquet will be used, cutting out intermediaries in the retail sector. Many of these channels offer more convenience and, in many cases, customization options for the arrangement and delivery schedules of the floral products.

Regional insights:

  • North America: Here, in the region of North America, there is a high demand for both cut flowers and pot plants. The floral industry is well developed in both the U.S. and Canada, with a considerable retail and wholesale flower network. This sector used to have its sales peaks during seasonal events like Valentine's Day and Mother's Day.
  • Europe: It is a very diverse floral market with strong traditions in the cultivation and decoration of flowers in Europe. On one hand, there exist major exporting countries such as the Netherlands for the supply of cut flowers; on the other hand, huge demand exists for pot plants and decorative arrangements. Flower trends are also influenced by cultural feasts and holidays.
  • Asia-Pacific: Here, growth in the floriculture market is rapid, driven by rising incomes, urbanization, and changing consumer tastes. Countries like China, Japan, and India have surging floral industries as demand for both traditional and new, more exotic flowers has surged during the past few years.
  • Latin America is also one of the major producers of tropical and exotic flowers. Its floral market will be favored by its varied climate and rising export opportunities. Local consumption is also growing due to rising income and changing floral trends.
  • Middle East & Africa: Floriculture market is on its growing spree in the Middle East and Africa regions. The focus lies within luxury flowers and floriculture used for ornamental purposes. With rising urbanization and affluence in this region, demand for floral products used for decoration rises; however, the market is still developing with respect to other regions.

Floriculture Market Report Scope:

Attribute

Details

Market Size 2024

USD 62.9 Billion

Projected Market Size 2034

USD 119.6 Billion

CAGR Growth Rate

7.30%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type- Cut Flowers, Pot Plants, Cut Foliage, Bedding Plants, and Others

By Demographic- Age, Gender, Income, Location

By Application- Gifts, Decoration, Cosmetics, Perfumes, and Pharmaceuticals

By Distribution Channel- Retail, Wholesale, Direct-to-Consumer

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product Type, Demographic, Application, Distribution Channel, and Region.

Segmentation:

By Product Type:

  • Cut Flowers
  • Pot Plants
  • Cut Foliage
  • Bedding Plants
  • Others

By Demographic:

  • Age
  • Gender
  • Income
  • Location

By Application:

  • Gifts
  • Decoration
  • Cosmetics
  • Perfumes
  • Pharmaceuticals 

By Distribution Channel:

  • Retail
  • Wholesale
  • Direct-to-Consumer

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    •  
    • South AfricaRest of Middle East & Africa

Global Floriculture Market By Product Key Players

The key players operating the Floriculture Market include Dümmen Orange, Syngenta Flowers, The Kariki Group, Finlays, Beekenkamp, Karuturi Global Limited, Oserian Development Company Limited, Selecta Klemm, Marginpar BV, Ruparelia Group, Multiflora Ltd, Karen Roses, Harvest Flower, Queens Group, Ball Horticultural Company, Afriflora, Benary, Danziger Group, and Ferns and Petals.

Global Floriculture Market By Product Key Issues Addressed

  • In March 2021, (India) Union Health Minister launched Dr. Harsh Vardhan launched new “CSIR Floriculture Mission” to focus on seasonal/annual crops, commercial floral crops, cultivation of flower crops for honey bee rearing and wild ornaments. This mission is approved for implementation in 21 States and Union Territories of India to raise nurseries, floriculture farming, to employ large number of people, and to provide entrepreneurship development for value addition, nursery trade and export.
  • In February 2022, Royal Van Zanten and the Queen’s Flowers (world leaders in floriculture) has joined forces to create brand new flower “Astranova”. Newly introduced “Astranova” is a flower with unique look, dark & bright color and has above average vase life.

Global Floriculture Market By Product Company Profile

  • Dümmen Orange
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Syngenta Flowers
  • The Kariki Group
  • Finlays
  • Beekenkamp
  • Karuturi Global Limited
  • Oserian Development Company Limited
  • Selecta Klemm
  • Marginpar BV
  • Ruparelia Group
  • Multiflora Ltd
  • Karen Roses
  • Harvest Flower
  • Queens Group
  • Ball Horticultural Company
  • Afriflora
  • Benary
  • Danziger Group
  • Ferns and Petals.

“*” marked represents similar segmentation in other categories in the respective section.

Global Floriculture Market By Product Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Demographic
    • Market Snippet, By Application
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Cut Flowers
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pot Plants
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cut Foliage
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Bedding Plants
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Demographic, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Age
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Gender
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Income
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Location
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Gifts
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Decoration
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cosmetics
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Perfumes
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Distribution Channel, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Retail
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wholesale
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Direct-to-Consumer 
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Demographic, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Demographic, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Demographic, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Demographic, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Demographic, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Dümmen Orange
  • Syngenta Flowers
  • The Kariki Group
  • Finlays
  • Beekenkamp
  • Karuturi Global Limited
  • Oserian Development Company Limited
  • Selecta Klemm
  • Marginpar BV
  • Ruparelia Group
  • Multiflora Ltd
  • Karen Roses
  • Harvest Flower
  • Queens Group
  • Ball Horticultural Company
  • Afriflora
  • Benary
  • Danziger Group
  • Ferns and Petals.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Floriculture Market Size was valued at USD 62.9 Billion in 2024 and is expected to reach USD 119.6 Billion by 2034, growing at a CAGR of 7.30%

The Floriculture Market is segmented into Product Type, Demographic, Application, Distribution Channel, and Region.

Factors driving the market include Demand for Personalized Products on the Rise and Environmental Sustainability Awareness

The Floriculture Market's restraints include Perishability of Products.

The Floriculture Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Floriculture Market include Dümmen Orange, Syngenta Flowers, The Kariki Group, Finlays, Beekenkamp, Karuturi Global Limited, Oserian Development Company Limited, Selecta Klemm, Marginpar BV, Ruparelia Group, Multiflora Ltd, Karen Roses, Harvest Flower, Queens Group, Ball Horticultural Company, Afriflora, Benary, Danziger Group, and Ferns and Petals.