Global Consumer Flower Market Size By Product Types, By Distribution Channels, By Price Range, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Consumer Flower Market Size By Product Types, By Distribution Channels, By Price Range, By Geographic Scope And Forecast
Consumer Flower Market Size And Forecast
Consumer Flower Market size was valued at USD 52,496.36 Million in 2023 and is projected to reach USD 94,734.60 Million by 2030, growing at a CAGR of 5.6% during the forecast period 2024-2030.
Global Consumer Flower Market Drivers
The Consumer Flower Market is growing due to several factors, including
Gifting CultureWhen it comes to birthdays, anniversaries, marriages, and other festivities, flowers are a well-liked and customary present option. The consumer flower sector is still driven by the cultural custom of giving flowers as gifts.
Expressing EmotionsLove, sympathy, excitement, and gratitude are among the emotions that flowers are frequently used to communicate. Different flowers have symbolic significance that make them a potent and expressive gift that consistently drives demand.
Growing Online RetailOrdering and sending flowers has become more convenient for customers thanks to the expansion of e-commerce and online flower delivery services. An international audience can now purchase flowers thanks to the multitude of possibilities available on online platforms.
Religious and Cultural SignificanceIn many countries, flowers have religious and cultural significance. Flowers are frequently used in rituals, celebrations, and religious gatherings, which fuels continued demand in the Consumer Flower Market.
Trends in Wellness and Mental HealthThere is growing recognition of the link between flowers, nature, and wellbeing. Demand for flowers in homes and offices is being driven by the growing perception of flowers as stress relievers and mood boosters.
Growing Interest in GardeningAs people’s tastes in interior design and gardening have grown, there is a growing market for flowers for both home gardens and as presents. This pattern supports the consumer flower business as a whole, which includes potted plants and cut flowers.
Environmental AwarenessCustomers may favor sustainably sourced and regionally grown flowers as there is an increasing focus on sustainability and eco-friendly techniques. Demand for flowers grown using environmentally friendly methods may increase as a result of this knowledge.
Global Consumer Flower Market Restraints
Although the consumer flower business has expanded, various limitations may hinder its future growth
PerishabilityFlowers have a brief shelf life and are quite perishable. This trait may cause problems with inventory control, storage, and transportation, which could have an impact on the supply chain as a whole.
Seasonal VariabilityThere are variations in supply and price due to the seasonal availability of specific flower kinds. Businesses may face difficulties as a result of this seasonality, which also affects the year-round availability of some flowers.
WeatherThe cultivation of flowers can be negatively impacted by adverse weather conditions, such as severe heat, storms, or natural catastrophes, which can also cause supply chain disruptions. Crop shortages and damage can result from unfavorable weather conditions.
Logistics & Transportation CostsIn order to preserve freshness, flowers must frequently be transported swiftly. Increasing transportation expenses might affect a company’s overall cost structure, particularly when it comes to rapid shipment for consumer flowers.
Competition from Artificial FlowersArtificial flowers, which are thought to stay longer and be less perishable, are a competitor in the market. Because artificial flowers require less upkeep and are more durable, some consumers might choose to purchase them.
Environmental ConcernsAlthough flower production is natural and biodegradable, there may be worries about how it may affect the environment, particularly if it uses a lot of chemicals, water, or electricity. Some buyers who care about the environment can look for flowers that are farmed sustainably.
Price SensitivityFor consumers who are sensitive to price, the cost of flowers, particularly the more expensive or exotic types, may be a barrier. Consumer expenditure on floral items may be impacted by downturns in the economy or changes in disposable income.
Changing Customer tastesChanges in customer tastes can affect market demand. Examples of these include a preference for unusual presents or experiences over conventional flowers. Companies must continue to monitor changing consumer preferences.
Import and Export RulesThe international trade of flowers may be impacted by regulatory limitations such as phytosanitary standards or import/export rules. The variety of flower kinds that are accessible in some areas may be impacted by these laws.
Global Consumer Flower Market Segmentation Analysis
The Global Consumer Flower Market is Segmented based on Product Types, Distribution Channels, Price Range, and Geography.
Consumer Flower Market, By Product Types
Cut Flowers Freshly cut flowers, commonly arranged in bouquets or sold as individual stems.
Potted Plants Live plants sold in pots or containers, including flowering plants and greenery.
Bouquets and Arrangements Pre-arranged bouquets or floral arrangements for various occasions.
Artificial Flowers Synthetic flowers made from materials like silk, plastic, or fabric.
Consumer Flower Market, By Distribution Channels
Retail Stores Flowers sold in brick-and-mortar stores, including florists, supermarkets, and specialty stores.
Online Retail Growing segment with the rise of e-commerce, offering consumers the convenience of ordering flowers online.
Flower Markets Traditional flower markets where wholesalers and retailers source fresh flowers.
Consumer Flower Market, By Price Range
Affordable RangeBudget-friendly options for cost-conscious consumers.
Premium RangeHigh-end and luxury floral products for consumers seeking premium quality.
Consumer Flower Market, By Geography
North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
EuropeAnalysis of the Consumer Flower Market in European countries.
Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
Middle East and AfricaExamining market dynamics in the Middle East and African regions.
Latin AmericaCovering market trends and developments in countries across Latin America.
Key Players
The major players in the Consumer Flower Market are
Dümmen Orange
Syngenta Flowers
Finlays
Beekenkamp
Karuturi
Oserian
Selecta One
Washington Bulb Company
Arcangeli Giovanni & Figlio
Carzan Flowers Carzan
Report Scope
Report Attributes
Details
Study Period
2020-2030
Base Year
2023
Forecast Period
2024-2030
Historical Period
2020-2022
Unit
Value (USD Million)
Key Companies Profiled
Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb Company
Segments Covered
By Product Types, By Distribution Channels, By Price Range, and By Geography.
Customization scope
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
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