PUBLISHER: Lucintel | PRODUCT CODE: 1523065
PUBLISHER: Lucintel | PRODUCT CODE: 1523065
Cut Flowers Trends and Forecast
The future of the global cut flower market looks promising with opportunities in the home and commercial markets. The global cut flower market is expected to reach an estimated $42.1 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand for exotic and seasonal flowers, rising trend towards DIY floral arrangements and floral subscriptions, and rapid expansion of e-commerce platforms.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cut Flowers by Segment
The study includes a forecast for the global cut flowers by type, application, distribution channel, and region.
List of Cut Flowers Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cut flowers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cut flowers companies profiled in this report include-
Cut Flowers Market Insights
Lucintel forecasts that carnation is expected to witness the highest growth over the forecast period due to its substantial usage in floral arrangements, corsages, and boutonnieres.
Within this market, commercial will remain larger segment over the forecast period.
Europe will remain the largest region over the forecast period due to rising demand for floral decor in homes and workplaces, existence of favorable climate and modern agricultural techniques, and presence of major online retailers in the region.
Features of the Global Cut Flowers Market
Market Size Estimates: Cut flowers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cut flowers market size by type, application, distribution channel, and region in terms of value ($B).
Regional Analysis: Cut flowers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, distribution channels, and regions for the cut flowers market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cut flowers market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the cut flowers market size?
Answer: The global cut flowers market is expected to reach an estimated $42.08 billion by 2030.
Q2. What is the growth forecast for cut flowers market?
Answer: The global cut flowers market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cut flowers market?
Answer: The major drivers for this market are growing demand for exotic and seasonal flowers, rising trend towards DIY floral arrangements and floral subscriptions, and rapid expansion of e-commerce platforms.
Q4. What are the major segments for cut flowers market?
Answer: The future of the cut flower market looks promising with opportunities in the home and commercial markets.
Q5. Who are the key cut flowers market companies?
Answer: Some of the key cut flowers companies are as follows:
Q6. Which cut flowers market segment will be the largest in future?
Answer: Lucintel forecasts that carnation is expected to witness the highest growth over the forecast period due to its substantial usage in floral arrangements, corsages, and boutonnieres.
Q7. In cut flowers market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to rising demand for floral decor in homes and workplaces, existence of favorable climate and modern agricultural techniques, and presence of major online retailers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.