Flowers And Ornamental Plants Market can add value to a smaller or larger space. These flowers and ornamental plants add beauty and lift the décor a few notches. Flowers and ornamental plants come in a variety of sizes, shapes, and colours and can be easily adapted to a variety of climates, gardening needs, and landscapes.
Data Bridge Market Research analyses that flowers and ornamental plants market was valued at USD 27.23 billion in 2021 and is expected to reach the value of USD 45.07 billion by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Market Definition
Flowers and ornamental plants are frequently used as decorative elements in special occasions, social gatherings, and festivals. They are extremely important and contribute a substantial portion of the budget in wedding ceremonies, particularly in the Indian market. Flowers such as sweet peas, gardenias, stephanotis, buttercups, peonies, hydrangeas, lily, tulips, and roses are popular in western markets and used in various ceremonies.
Flowers and Ornamental Plants Market Dynamics
Drivers
Increasing popularity of flowers and ornamental plants as interior decoration
The flowers and ornamental plants come in various colors, including white, pink, and violet, making it popular for interior decoration in parties and ceremonies. The growing popularity of the flowers and ornamental plants plant as a decorative element is expected to drive market growth in the forecast period of 2022-2029.
Growing trend of plant breeding
Plant breeding, including cross breeding and multi-breeding, has recently been widely used by many flower and plant production centres. The primary goal of plant breeding is to create plants that outperform existing ones in terms of economic value. Flowers have many beneficial components for the consumer that can be created, enhanced, or improved through flower breeding programs that use various research and traditional techniques. Finally, the ultimate goal of breeding research programs is to increase economic productivity yield. This increases demand for flowers and ornamental plants, creating opportunities in the global flowers and ornamental plants market.
Competitive Landscape and Flowers and Ornamental Plants Market Share Analysis
Flowers and ornamental plants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to flowers and ornamental plants market.
Some of the major players operating in flowers and ornamental plants market are:
DÜMMEN ORANGE (U.S)
Syngenta (Switzerland)
Beekenkamp Group (Netherlands)
Hofland flowering plants (Netherlands)
SAKATA (U.S)
DUTCH FLOWER GROUP (Netherlands)
MARGINPAR BV (Netherlands)
Walter Blom Plants BV (Netherlands)
Selecta Klemm (Germany)
Double H Nurseries Ltd, (UK)
ARCANGELI GIOVANNI (Italy)
KP Holland (Netherlands)
Ball Horticultural Company (U.S)
Global Flowers and Ornamental Plants Market Scope
Flowers and ornamental plants market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Potted Plants
Cut Flowers
Application
Commercial
Home
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Flowers and Ornamental Plants Market Regional Analysis/Insights
Flowers and ornamental plants market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the flowers and ornamental plants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific currently dominates and is expected to foster the flowers and ornamental plants market due to an increase in the emphasis on improving aesthetics and an increase in the number of weddings in this region, where flowers are considered a sign of good luck.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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