Cut Flowers Market Size, Share, Growth, And Industry Analysis, By Type (Rose, Carnation, Lilium, Chrysanthemum and Gerbera, Tulips, and Others), By Application (Commercial and Home), Regional Forecast From 2022 To 2028

Updated On: 15 April 2024

Cut Flowers Market Report Overview

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The global cut flowers market size expanded rapidly in 2021. The global COVID-19 pandemic has been unprecedented and staggering, with cut flowers higher-than-anticipated/lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to generate substantial revenue by 2028, exhibiting a CAGR of 5.9% during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

A Cut Flower can basically be well-defined as any flower that is cut from the plant, spikes cropped, and are prepared to be used in a fresh flower preparation. Cut Flowers are accessible at the florist or can be cut from the home garden.

In recent years, there has been a steady rise in the demand for cut flowers. This is brought on by a variety of elements, such as the rising interest in special events like weddings and anniversaries and the rising standard of living in industrialized nations.

COVID-19 Impact: Lower Demand to Harm Market Growth

The sudden outbreak of COVID-19 impacted the demand for artificial flowers. Lower production activities and the closure of manufacturing units reduced market growth. Further, supply and chain disruption and lack of demand for home decoration. Increased demand to save human lives and the closure of commercial sectors hamper the market growth.

LATEST TRENDS

"Entry of New Farmers to Fuel Market Progress"

The necessity for producers to produce more flowers rises along with the market for cut flowers. As a result, the market for cut flowers is experiencing a boom due to the entry of numerous new farmers. But not all farmers can supply the rising demand. This is so because cultivating cut flowers calls for a great deal of expertise and knowledge. Growers also confront a variety of other difficulties, such as pests and illnesses.

Cut Flowers Market SEGMENTATION

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• By Type

Based on type, the market is divided into Rose, Carnation, Lilium, Chrysanthemum and Gerbera, Tulips, and Others.

• By Application

Based on the application, the market is divided into Commercial and Home.

DRIVING FACTORS

"Economic Globalization to Flourish Market Progress"

The commerce in cut flowers has been significantly impacted by economic globalization. Today, cut flowers are grown all over the world and shipped to all parts of the world. Customers may now order flowers online from anywhere in the world due to the growth of e-commerce, which has had a profound impact on the floral sector. Such factors are expected to drive the cut flowers market growth in the coming years.

"Increasing Demand on Occasions to Improve Market Growth "

Exotic flower consumption is rising in India, with metropolitan areas experiencing higher demand because to an increase in demand for special occasions including birthdays, festivals, anniversaries, Valentine's Day, and religious ceremonies, among others. Delhi, Bengaluru, Mumbai, Kolkata, and Hyderabad, which are the country's five largest cities, are among the important markets. During festival and wedding seasons, these locations experience an increase in demand that is excessive.

RESTRAINING FACTORS

"Short Supply to Limit Market Growth "

The demand for cut flowers in the last few years significantly amplified owing to speedy population progression, an advanced standard of living, more hotels, and eateries. The augmented demand caused more fabrication, nonetheless, there is still a short supply despite its added production.

Cut Flowers Market REGIONAL INSIGHTS

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"Increasing Demand for Product to Flourish Market in Europe"

The cut flowers market in Europe endures to propose valued development prospects, accounting for a cut flowers market share. The U.K. and Germany, on the backbone of the increasing demand for cut flowers and attractive plants, are fronting the regional market. Moreover, the Netherlands is the foremost local supplier of flowers, comprising chrysanthemums and tulips.

The U.S. is the third largest market for imported flowers. Germany, Japan, and the U.K. round out the top five importers of cut flowers.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Dummen Orange (Netherlands)
• Syngenta Flowers (Switzerland)
• Finlays (U.S.)
• Beekenkamp (Netherlands)
• Karuturi (India)
• Oserian (Indonesia)
• Selecta Once (Germany)
• Washington Bulb (U.S.)
• Carzan Flowers (Kenya)
• Rosebud (U.S.)
• Kariki (Kenya)
• Multiflora (U.S.)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.