Over the next five years, Analytical Research Cognizance) projects that Floriculture will register a 0.2% CAGR in terms of revenue, reach US$ 48900 million by 2023, from US$ 48200 million in 2017.
Floriculture is a branch of horticulture addressing flower and ornamental plant cultivation and propagation of flowering plants for gardens, greenhouses, nurseries and landscapes comprising the floral industry. Floriculture crops include bedding plants, houseplants, flowering gardens and potted plants, cut cultivated greens, and cut flowers.
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Floriculture involves propagating, growing and marketing cut flowers, flower seeds and seedlings, bulb growing, nursery operation, chemical protection of plants, post-harvest storage and handling and use of preservatives. It is an international, multi-billion dollar industry.
As for consumption, Europe is also the largest consumer of floriculture, with 50.94% consumption share in 2016. North America and China are also key consumers. In addition, on the consumption side of the business, the rise of online floriculture sales is definitely one of these trends.
In export market, the Netherlands is still a major junction in global cut flower trade, but the four cut flower exporters close to the equator—Colombia, Kenya, Ecuador and Ethiopia—are gathering speed. The Netherlands plays a key role in the global cut flowers trading as it has more than 40% export share. When refers to the import side, Europe, USA and Japan are the major importers.
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Within the last decade, the global Floriculture market has been witnessing a steady surge in the consumption of the products, industries being the majority shareholders in terms of the consumption. Home owners hold a substantially small percentage of the share since the applications for home use are quite limited. Industry experts have claimed that the rise in demand from other industry verticals is expected to rise, resulting in more demand and higher consumption in the future. According to the new report by Analytical Research Cognizance on the global Floriculture market, the consumption figures promising as the Floriculture market is expected to reach the value of US$ XX million at the end of 2023.
As per the survey conducted for gathering information for the research report, the information that has surfaced verifies the expert views. The Floriculture market has been estimated to have valued US$ XX million at the end of 2017 and the major factors affecting the market trend have been discussed in detail with its analysis in the report. The global Floriculture market research report dwells in the study of the Floriculture market, providing the customers with the latest developments in terms of market share, growth opportunities, sales and production statistics, and much more.
The Floriculture market is segmented by product as follows:
The consumption, sales, value, market share, etc. of each individual product is covered in the global Floriculture market research report.
Applications have a major influence on the consumption figures in the Floriculture market. The various applications analysis helps understand and accurately forecast the market.
The applications segmentation is done as follows:
Conference & Activities
Regional analysis provides the information to the customer as to which region is the largest consumer and which is the fastest growing consumer.
The regional segmentation of the Floriculture market is as follows:
The key players in the market have a major influence with their marketing plans to push the sales and hence consumption in the global Floriculture market.
Some of the top players covered within the Floriculture report include:
Arcangeli Giovanni & Figlio
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The global Floriculture market research report is a comprehensive study to analyze the Floriculture market in terms of various market segmentations and their sub-segments such as regions, applications, product types, etc. for the forecast period. It focuses on the major players in the Floriculture market in terms of the competition analysis, value, sales volumes, SWOT analysis, and detailed company profiles. The report further dwells into the various drivers, restraints, and trends in the market and their contribution in the Floriculture market. The products’ individual growth analysis, future prospects, major influencing factors, risks, opportunities, regional performance and its analysis are all included in the Floriculture market report. The mainstay of the global Floriculture market research report for the customers is the competitive developments which include the new product launches, agreements, expansions, and the mergers and acquisitions in the Floriculture market.
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