PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638917
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638917
Floriculture Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Floriculture Market reached a valuation of USD 55.2 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2032. With increasing recognition of the mental health benefits of plants and flowers, demand is rising across settings such as hospitals, workplaces, and wellness centers. Research highlights how greenery can help reduce stress, elevate mood, and enhance productivity, making floral products desirable for creating calm and stimulating environments.
A key challenge in floriculture is managing the perishability of flowers and plants, which have limited shelf lives and require specific storage and handling conditions to preserve freshness. Cold-chain logistics are crucial, as even slight delays can result in rapid deterioration, leading to waste and financial setbacks. Efficient logistics and quality management are thus essential to ensure that products meet consumer expectations while maintaining profitability in the industry.
By product type, the market is segmented into foliage plants, cut flowers, bedding plants, potted plants, and others. In 2023, cut flowers led the market with a value of USD 20.7 billion and are anticipated to grow at a 4.3% CAGR through 2032. Their popularity is largely due to their visual appeal, variety, and cultural significance, which make them a staple for special events and gifts. This demand is reinforced by the aesthetic value they bring to decor and the symbolism they carry, which appeals to consumers worldwide.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $55.2 Billion |
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2023
Chapter 5 Market Estimates & Forecast, By Product Type, 2021 - 2032, (USD Billion)
Chapter 6 Market Estimates & Forecast, By Flower Type, 2021 - 2032, (USD Billion)
Chapter 7 Market Estimates & Forecast, By End Use, 2021 - 2032, (USD Billion)
Chapter 8 Market Estimates & Forecast, By Distribution Channel, 2021 - 2032, (USD Billion)
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032, (USD Billion)
Chapter 10 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
