Floriculture Market reached a value of US $ 50.50 Bn. in 2021. Cut Flower is one of the dominating segment of the Global Floriculture Market.
Floriculture Market Overview
The market size, market dynamics, strategies, market revenue, pricing analysis, micro and macro market trends and scenarios, and industry benchmarks are all thoroughly described in the industry overview.Market size, customer preferences according to location, and industrial competition are all thoroughly discussed.
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Floriculture Market Report Scope and Research Methodology
The Floriculture Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Floriculture industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. The PESTLE analysis was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Floriculture Market.
The industry's competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The critical figures arrived at following thorough market engineering and calculations for market statistics Floriculture market size estimations, market projections, market breakdown, and data triangulation—were confirmed and verified through extensive primary research. The company's annual reports, articles, paid and free databases, etc. were used to gather the secondary data. The bottom-up approach was used to calculate the size of the regional and global Floriculture market.
Market Segmentation
Based on the Type, the Floriculture Market is segmented into Cut Flowers, Bedding Plants, Potted Plants, and Others. The Cut Flowers segment held the largest market share accounting for 83% in 2021. The segment growth is attributed to the rising popularity of cut flowers among consumers, thanks to their sweet odor and beauty. In addition, Cut flowers are easy to handle and harvest, and they are resistant to disease and pests. The cut flowers segment is expected to witness a significant contribution to the GDP of Kenya, where they are the second-most exported products followed by tea. However, with changing consumer preferences for flowers and floral decoration, floral designers are mixing cut flowers with cut foliages and dried botanicals to get a beautiful texture.
Based on the Application, the Floriculture Market is segmented into conferences and Activities, Personal use, Gift, and Others. The Gift segment held the largest market share, accounting for 57% in 2021. The gift segment growth is attributed to increased use of flowers used for gifting on special events or occasions such as birthdays, family functions, valentine's day, mother's day, and among others are boosting the floriculture market growth across the globe. In 2021, more than 60% of all flowers and ornamental plants sold around the world will be bought as gifts, 20% will be bought for weddings or funerals, and about 20% will be bought for the home or workplace.
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Floriculture Market Key Players
• Kariki
• Multiflora
• Karen Roses
• Harvest Flower
• Queens Group
• Ball Horticultural
• Afriflora
• Karuturi
• Oserian
• Selecta One
• Washington Bulb
• Arcangeli Giovanni Figlio
• Carzan Flowers
• Rosebud
• Benary
• Danziger
• Sakata
Floriculture Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe Middle East and Africa. The report includes a detailed explanation of market size, trends, competition adoption of technology region wise.
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Key questions answered in the Floriculture Market are:
- What is Floriculture ?
- What are the global trends in the Floriculture Market?
- What was the Floriculture Total Market size in 2022?
- What is expected Floriculture Market size by 2029?
- Who held the largest market share in Floriculture Market?
- Who are the leading companies and what are their portfolios in Floriculture Market?
- What are the major challenges that the Floriculture Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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