Flower and Ornamental market,The internet searching trend and the data from Google indicated that the search for household plants has risen 10 times from the year 2010. However, this growing interest in household plants is predicted to boost the growth of the market during the forecast period.
Introduction-
Ornamental plants are cultivated in gardens in landscape design projects for decoration purposes, can be used as houseplants, and for cut flowers and specimen display. ‘Floriculture’ is known as the cultivation of ornamental plants and it forms a major branch of horticulture.
The ornamental plants and cut flowers belong to a floriculture family. Where, floriculture includes propagation, flower seed, and seedlings, growing and marketing cut flowers, nursery operation, bulb growing, chemical protection for plants, storage of post-harvesting, use of preservatives and handling and it’s a multi-billion-dollar international company.
Overview of the Ornamental Flower Market-
An increase in the accessibility of tremendous varieties of decorative plants is the important factor boosting the growth of the market. Whereas, growth in focusing the attractiveness and beautifulness, rise in the number of wedding and functions and growth in the requirement from the emerging economies are the important considerations for the growth of flower and ornamental plants market. Furthermore, the increase in the field of research and development activities in the market can create further new opportunities for the flower and ornamental plant market during the forecast period of 2021 to 2028.
The rise in the research and development activities cost in the market function as a prime factor between those who are acting as restraints and can challenge the growth of the flower and ornamental plant market during the forecast period.
Importance of Ornamental flower-
The ornamental flowers deliver beauty around homes, shades, markets, schools, and shopping centers, along highways and streets, places of work, in the city park, and other areas too. The ornamental plants also assist to conserve energy, water, soil, and quality of water.
It can be used indoors and outdoors for beautiful decoration purposes and in landscape design projects like walkways parks and houses.
The market size of Ornamental Flower Market-
In 2020, the global Flower and Ornamental Plants was estimated at the US $54,670 million and is predicted to reach the US $78,870 million by the end of the year 2027 and grow at a CAGR of 6.3% during the year 2022 to 2027.
Segmentation of the Market-
The Flower and Ornamental market are segmented on the basis of types, Applications, and Region.
By types-
- Cut Flowers
- Plotted Plants
The Cut flowers acquire the largest segment of the industry with large shareholding with respect to the flowering pot plants, nursery crops, and trees, flower bulbs along other propagation materials.
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By Application-
- Commercial
- Residential
The residential sector is predicted to boost the market in the future with a considerable growth rate.
By Region-
- Europe
- APAC
- North America
- South America
- MEA
The Asia Pacific presently dominates the market and due to the rise in weddings in countries and focus on improving the aesthetics where flowers are considered as a sign of a good luck.
Key Market Vendors of Ornamental Flower Market-
- 1800 Flowerrs.com Inc.
- Astra Fund Holland BV
- Bailey Nurseries Inc.
- Dutch Flower Group
- Ball Horticultural Co.
- Farplants Dales Ltd.
- FTD LLC
- Kurt Weiss Greenhouses Inc.
- Sakata Seed Corp.
- Royal Flora Holland.
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