New Delhi, Oct. 25, 2022 (GLOBE NEWSWIRE) -- The demand for cut flowers has been increasing steadily in recent years. This is due to a number of factors, including the growing popularity of special occasions such as weddings and anniversaries, and the increasing disposable income of people in developed countries.
As the demand for cut flowers market continues to grow, so does the need for growers to produce more flowers. This has led to a boom in the cut flower industry, with many new growers entering the market. However, not all growers are able to meet the growing demand. This is because growing cut flowers requires a lot of skill and experience. There are also a number of other challenges that growers face, such as pests and diseases.
Despite these challenges, the future looks bright for the cut flowers market. With the right support and investment, it is poised for continued growth in the years ahead.
From farmers to florists, the global trade in cut flowers is worth an estimated $28.89 billion a year. It's a business that has been transformed by technology and economic change over the past three decades. Today, more than 60% of all cut flowers sold in UK are imported - most of them from the Netherlands, Colombia and Kenya. The vast majority are grown under glass in huge commercial greenhouses using intensive farming techniques.
Farmers have to work hard to meet the demands of supermarkets and other customers who want their flowers to look perfect and last for as long as possible. Yet despite the industrialized nature of the global cut flowers market, it's still labor-intensive: workers painstakingly cut each stem before it's packaged for shipment around the world.
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The globalization of the economy has had a major impact on the cut flower trade. Cut flowers are now grown all over the world, and they are transported to every corner of the globe. The rise of e-commerce has also been a game changer for the industry, as customers can now order flowers online from anywhere in the world. In fact, over 83% of distribution is done through online orders. This is an immense leap the trade of market in the last few years.
Europe Generates Over 57.4% Revenue of Global Cut Flowers Market
The global cut flowers market has undergone transformation in recent years. Today, cut flowers are grown in more than 80 countries and imported into over 150. The value of the trade has grown significantly, with the Netherlands leading the way as the world’s largest exporter. As per Astute Analytica, Europe is responsible for attracting over 57.4% global consumers and responsible for holding the same market share. The United States is the third largest market for imported flowers. Germany, Japan, and the United Kingdom round out the top five importers of cut flowers.
Africa has become a key region has become a key region in the global cut flowers market, with several countries across the continent now boasting large export businesses. South America has also seen an uptick in exports in recent years. The majority of cut flowers traded globally are between these two continents and Europe.
The industry has been transformed by globalization, with the vast majority of flowers now grown in heated greenhouses in countries such as Kenya, Ethiopia and Colombia. It's a highly competitive business and farmers are constantly looking for ways to make their operations more efficient. The use of pesticides is widespread and many workers are paid very low wages.
As the demand for flowers continues to grow, the cut flowers market is likely to continue to transform, with more farms moving into even more remote locations and using ever more advanced technology to increase yields.
Over 80% of cut Flowers are Used in Commercial Applications
The demand for cut flowers is always high, which makes it a very profitable industry. However, it is also a very competitive business. There are many different growers all vying for the same customers.
It's no secret that a large majority of cut flowers are used for commercial purposes, with over 80% of them being sold to businesses in the global cut flowers market. This is due to the fact that cut flowers have a wide range of uses, from being used as decorations or gifts, to being used in events or as part of marketing campaigns.
As per Astute Analytica, the remaining 20% are sold for personal use. Cut flowers are a perishable commodity with a short vase life. Thus, they must be harvested when they are at their peak of freshness and shipped quickly to ensure they arrive in pristine condition.
There are many reasons for this, including the fact that cut flowers add a touch of elegance and beauty to any setting. They also help to create a pleasant atmosphere, which can boost morale and make people more productive. In addition, businesses choose to use cut flowers as opposed to other types of decorations. For one, they can be quite cost-effective, especially when compared to things like artificial flowers.
However, cut flowers have a much shorter shelf life than most other types of decorations, which means that they need to be replaced more often. This can be seen as an advantage or a disadvantage, depending on the business's needs in the cut flowers market.
Despite the challenges, the cut flower industry is still thriving. In fact, it’s expected to grow even more in the coming years as more and more people discover the joy of having fresh flowers in their homes or workplaces.
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Rose, Chrysanthemums, and Orchids Collectively Generates Over 73% Revenue of Cut Flowers Market
The most popular cut flowers are roses, carnations, chrysanthemums, lilies, and tulips. These five varieties account for over two-thirds of all cut flowers sold. Roses are by far the most popular type of flower, with over $1 billion in sales annually. Carnations are a close second, followed by chrysanthemums, lilies, and tulips.
Global cut flowers market is worth an estimated $28.9 billion annually. Wherein, Roses are the most popular type of cut flowers, accounting for around 41.9% of all sales. They have been associated with love and romance for centuries, and continue to be one of the most popular choices for giving as a gift or show of affection on special occasions such as anniversaries, birthdays, and Valentine's Day. Roses come in a wide range of colors, from traditional red to more unusual shades like blue or black.
Chrysanthemums come in third place, with a market share of around 12.8%. Orchids are the second most popular type of cut flower, accounting for around 18.6% of all sales in the global cut flowers market.
Major Players in Global Cut Flowers Market
- Afriflora Sher
- Dümmen Orange
- Karen Roses
- MultiFlora
- Oserian
- Rosebud Limited
- Selecta one
- The Kariki Group
- The Queen's Flowers
- Washington Bulb Co., Inc.
- Other Prominent Players
Global Cut Flowers Market Scope
| Report Attribute | Details |
| Market Size Value in 2021 | US$ 28,891.5 Million |
| Market Outlook for 2030 | US$ 47,965.5 Million |
| Expected CAGR Growth | 5.8% |
| Historic Data | 2017-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Companies Profiled | Afriflora Sher, Dümmen Orange, Karen Roses, MultiFlora, Oserian, Rosebud Limited, Selecta one, The Kariki Group, The Queen's Flowers, Washington Bulb Co., Inc., Other Prominent Players |
| Segments Covered | By Type, By Application, By Flower Color, By Distribution Channel, By Region |
| Geographies Covered | North America, Europe, Middle East & Africa, Rest of the World |
| Customization Options | Get your customized report as per your preference. Ask for customization |
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