Flower and Ornamental Plants Market Size, Share, Growth, And Industry Analysis By Type (Potted Plants and Cut Flowers) By Application (Home and Commercial), Regional Insights, and Forecast From 2023 to 2031

Updated On: 20 November 2023

Flower and Ornamental Plants Market Report Overview

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global flower and ornamental plants market size was USD 50280 Million in 2021 and market is projected to touch 92624.93 Million by 2031, exhibiting a CAGR of 6.3% during the forecast period.

One of the most common plant types is the flower and decorative plants. They are frequently utilized to spruce up houses, gardens, and public areas. These plants enhance the beauty and interest of their surroundings, which is why many people enjoy planting them. There are many different shades, forms, and sizes of flowering and ornamental plants. Lilies, daffodils, tulips, and roses are a few common kinds. Many of these plants need little maintenance once they are established and can be planted in beds or containers.

You can choose from a wide variety of flowers and ornamental plants to enhance the beauty and intrigue of your house or garden. The most well-liked varieties are tulips, roses, lilies, daisies, and daffodils. Flowers are the ideal approach to convey your personality and sense of style because they each have distinctive appearances and meanings. Lilies represent innocence and purity, whereas roses are frequently used to symbolize love and admiration. Tulips represent rebirth and new beginnings, while daisies are recognized for their cheery disposition. Daffodils are connected to spring and rebirth. Whatever flower kind you decide on will undoubtedly give beauty and liveliness to your house or garden.

COVID-19 Impact: The Lockdown Restrictions Hampered the Market Growth

The covid-19 outbreak has significantly impacted the flowers and ornamental plants market. Due to the inability of people to leave their homes and the cancellation of numerous flower-related events, such as weddings, sales have dropped. Due to the oversupply of flowers caused by this, growers have trouble making ends meet. Although there is little chance that things will get better soon, there is still hope that once things start to get back to normal, demand for flowers will increase again. Growers are currently faced with the challenge of developing novel ways to market their goods and sustain their operations.

Latest Trends

"Using Large, Oversize Blooms In Arrangements Boost the Market Expansion"

Going big and bold is the newest trend in the flower and ornamental plants market. The era of exquisite, tiny arrangements is over. Now, it’s all about using flowers to make a statement. There are many ways to make a huge impression with flowers, whether searching for a dramatic arrangement for a special occasion or simply wanting to add some wow factor to your home décor. Using huge, oversized blooms in bouquets is one trendy trend. Think of enormous tulips, sunflowers, or peonies. This appearance is certain to draw attention and spark conversation.

Flower and Ornamental Plants Market Segmentation

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• By Type Analysis

The flower and ornamental plants market can be segmented into potted plants and cut flowers. Among these, potted plants are projected to experience rapid growth through 2031.

• By Application Analysis

The market can be divided based on application into home and commercial. Home is expected to hold the most significant flower and ornamental plants market share in the upcoming years.

Driving Factors

"Consumer Demand and Innovation to Propel the Market Expansion"

Several important variables drive the market for flower and ornamental plants. Consumer demand is among the most crucial. People adore purchasing flowers and decorative plants for their homes, workplaces, and gardens. Innovation is another important component. Growers are always thinking of new ways to create stunning flowers and plants. New kinds that are more resistant to disease and pests are also being developed. This makes these goods more affordable for customers and contributes to price stability.

"Environmental Concerns Fuel the Market Growth"

Environmental issues are another reason behind this market’s growth. People are becoming increasingly conscious of how their actions affect the environment. They prefer to buy goods produced ethically and without endangering fragile environments. This is encouraging for the flower and ornamental plants industries, which are constantly working to be more environmentally friendly.

Restraining Factors

"Competitive Market and Low-Profit Margin Hinder the Market Growth"

Consider a few deterrents when entering the flower and ornamental plant markets. First off, there is a lot of rivalry in this sector. There are currently a lot of well-established enterprises, and more are constantly opening. This implies that to differentiate yourself from the competition; you’ll need to be incredibly inventive and imaginative. Second, there is a possibility for fairly low-profit margins in this sector. You’ll need to manage your expenses wisely to turn a respectable profit. Finally, the demand for flower and ornamental plants might vary considerably from season to season. As a result, you will need additional goods or services to market throughout the year’s slower seasons. The flower and ornamental plants market might be a terrific chance for you if you know these obstacles and are ready to overcome them.

Flower and Ornamental Plants Market Regional Insights

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"U.S. to Dominate Market Due to the Consumer Demand and Innovation to Propel the Market Expansion"

Between 2022 and 2031, the flower and ornamental plants market will be dominated by U.S. Factors driving the market growth in this region include the user-friendly and streamlined ticket booking process.

Additionally, the market is anticipated to experience the fastest growth in European and Asian countries (India, China, Japan, and South East Asia). The environmental concerns fuels market expansion.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Dümmen Orange (Netherlands)
• Syngenta Flowers (Switzerland)
• Finlays (U.S.)
• Beekenkamp (Netherlands)
• Karuturi (India)
• Oserian (Kenya)
• Selecta One (Germany)
• Washington Bulb 
• Arcangeli Giovanni & Figlio (Italy)
• Carzan Flowers (Kenya)
• Rosebud (U.S.)
• Kariki 
• Multiflora (U.S.)
• Karen Roses (Kenya)
• Harvest Flower (England)
• Queens Group (U.S.)
• Ball Horticultural (U.S.)
• Afriflora (Netherlands)
• Double H (U.S.)

Report Coverage

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