Category : Consumer Goods | Published Date : Aug 2023
The report highlights that increasing the production of ornamental flowers is benefiting the market growth, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the consumer floriculture market.
The consumer floriculture market is bifurcated into type, application, and distribution channels. Based on type the market is segmented into potted plants, cut flowers, bedding plants, and others (annuals, flower bulbs, etc.). In 2022, the cut flowers segment dominate in the overall consumer floriculture market. The application segment is categorized into personal use, gifts, conferences & activities, and others. In 2022, the conferences & activities segment accounted for the highest market share in the consumer floriculture market. Based on the distribution channel the market is segmented into online channels and offline channels. In 2022, the offline segment dominate in the overall consumer floriculture market.
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Report Attributes | Report Details |
By Type | Potted Plants, Cut Flowers, Bedding Plants, and Others (Annuals, Flower Bulbs, etc.) |
By Application | Personal Use, Gifts, Conferences & Activities, and Others |
By Distribution Channel | Online Channel and Offline Channel |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
As per the study, the market is dominated by certain major companies such as Dazinger Group, Dummen Orange, Karen Roses, and Kurt Weiss Greenhouses Inc. which has a strong market position in current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more durable, ensure superior functioning, and others. Furthermore, the consumer floriculture market is expected to witness substantial growth in the coming years due to the Increasing consumer spending on decorations on special occasions will favor the market growth in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.