Cut Flowers Global Market to Reach $50.1 Billion by 2030: Focus on Aromatherapy & Natural Therapies Fuels Demand for Essential Oils, Driving Cut Flowers Market


Dublin, March 24, 2023 (GLOBE NEWSWIRE) -- The "Cut Flowers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cut Flowers estimated at US$33.3 Billion in the year 2022, is projected to reach a revised size of US$50.1 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.

Rose, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$15.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Chrysanthemum & Gerbera segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 7.1% CAGR

The Cut Flowers market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2030.

Select Competitors (Total 111 Featured) -

  • Afriflora Sher
  • Danziger Group
  • DOS GRINGOS, LLC
  • Dummen Orange
  • Esmeralda Farms
  • Flamingo Horticulture Ltd
  • Florance Flora (India)
  • Florensis Flower Seeds UK Ltd
  • Karen Roses Company
  • Marginpar BV
  • MultiFlora
  • Rosebud Limited
  • Selecta Cut Flowers S.A.U.
  • Washington Bulb Co., Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages455
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$33.3 Billion
Forecasted Market Value (USD) by 2030$50.1 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 and a Looming Global Recession
  • Year 2021 in Review and Near-term Outlook
  • Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
  • Global Demand for Flowers Collapses Amidst the COVID-19 Outbreak
  • COVID-19 Outbreak Adversely Impacts Cut Flowers Market
  • Pandemic and Unfavorable Weather Conditions Lead to Short Supply of Flowers
  • Cut Flowers - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • An Introduction to Cut Flowers
  • Cultivation of Cut Flowers
  • Types of Fresh Cut Flowers
  • Global Market Prospects & Outlook
  • Global Production of Cut Flowers: Percentage Breakdown of Production Volume by Country
  • Global Cut Flowers Export Value Breakdown (in %) by Country
  • Netherlands: The Hub of Flower Trade Faces Hardships Amidst COVID-19 Pandemic
  • World Brands
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Cut Flower Industry: Varied Applications Drive Market Growth
  • Rising Demand for Cut Flowers for Decorative Purposes
  • Cultural Trend Towards Gifting Flowers to Support Market Growth
  • Health Benefits of Cut Flowers Presents Favorable Outlook
  • Medicinal Properties of Flowers Drive Demand for Cut Flowers
  • Focus on Aromatherapy & Natural Therapies Fuels Demand for Essential Oils, Driving Cut Flowers Market
  • Global Aromatherapy Market Size (in US$ Million) for the Years 2019, 2022 and 2025
  • Organic Cut Flowers Gain Prominence
  • With Wedding Industry on the Revival Path, Demand for Flowers Set to Grow
  • Annual Number of Marriages Worldwide per 1000 People for Major Countries: 2019
  • Number of Weddings in the US: 2015-2022
  • Global Wedding Spend by Expense Category (2021)
  • Growing Role of E-Commerce Platform in Driving Cut Flower Sales
  • Global E-Commerce Market Growth Outlook (in %) for the Years 2019 through 2025
  • European Floral Market Breakdown of Value Sales (in %) by Distribution Channel: 2020
  • Innovative Packaging Solutions Drive Growth of Cut Flower Packaging Market
  • Researchers Look to Increase Shelf Life of Cut Flowers
  • Environmental Impact of Cut Flower Industry
  • Flower Cultivation Adds to Global Greenhouse Gas Emissions
  • Cut Flower Business Raises Risk of Chemical Pollution
  • Flower Production Affecting Laborers and Nearby Communities
  • 'Slow Flower' Movement Roots for Locally and Sustainably Grown Cut Flowers
  • Sustainability Gains Prominence in Cut Flowers Industry
  • Marketing Initiatives Considerably Impact Sales Prospects of Cut Flowers

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/cin9it

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Global Market for Cut Flowers

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