Pune, India -- (SBWIRE) -- 03/12/2019 -- Industry Overview of Floriculture Market
Floriculture is a branch of horticulture addressing flower and ornamental plant cultivation and propagation of flowering plants for gardens, greenhouses, nurseries and landscapes comprising the floral industry. Floriculture crops include bedding plants, houseplants, flowering gardens and potted plants, cut cultivated greens, and cut flowers.
According to this study, over the next five years the Floriculture market will register a 0.2% CAGR in terms of revenue, the global market size will reach US$ 48900 million by 2024, from US$ 48200 million in 2019.
Floriculture involves propagating, growing and marketing cut flowers, flower seeds and seedlings, bulb growing, nursery operation, chemical protection of plants, post-harvest storage and handling and use of preservatives. It is an international, multi-billion dollar industry.
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As for consumption, Europe is also the largest consumer of floriculture, with 50.94% consumption share in 2016. North America and China are also key consumers. In addition, on the consumption side of the business, the rise of online floriculture sales is definitely one of these trends.
In export market, the Netherlands is still a major junction in global cut flower trade, but the four cut flower exporters close to the equator—Colombia, Kenya, Ecuador and Ethiopia—are gathering speed. The Netherlands plays a key role in the global cut flowers trading as it has more than 40% export share. When refers to the import side, Europe, USA and Japan are the major importers.
Segmentation by product type: Cut Flowers, Bedding Plants, Potted Plants, Other,
Segmentation by application: Personal Use, Gift, Conference & Activities, Other
The key manufacturers covered in this report: Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb, Arcangeli Giovanni & Figlio, Carzan Flowers, Rosebud, Kariki, Multiflora, Karen Roses, Harvest Flower, Queens Group, Ball Horticultural, Afriflora, Benary, Danziger, Sakata
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What are the influencing factors that are mentioned in the report?
Key Market Dynamics: The Global Floriculture Market research report provides thorough forecasts on the latest market trends, development patterns, and research methodologies. Some of the factors that are directly influencing the market include the production strategies and methodologies, development platforms, and the product model itself, and even a minute change within the product profile would result in massive changes within the above mentioned factors. All of these factors are explained in detail in the research study.
Major Growth Prospects: The report also focuses on some of the key growth prospect, including new product launches, M&A, R&D, joint ventures, collaborations, agreements, partnerships, and growth of the key players functioning in the market, both in terms of regional and global scale.
Analytical Tools: The Global Floriculture Market report includes the precisely studied and evaluated data of the major market participants and their market scope using a number of analytical tools. The analytical tools include Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis, which have been used to study the growth of the key players operating in the market.
Potential Customers: The Floriculture Market report provides noteworthy insights to readers, service providers, suppliers, distributors, manufacturers, stakeholders, and individuals who are interested in evaluating and self-studying this market.
At last, It includes the methodical description of the various factors such as the Floriculture market growth and a detailed information about the different company's revenue, growth, technological developments, production and the various other strategic developments.
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