Cut Flowers Market is expected to reach US$ 49,074.09 million by 2028

Published Date: 28 Apr 2021

Report : Cut Flowers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Flower Type (Rose, Carnation, Lilium, Chrysanthemum and Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores/Florists, Online Retail, and Others)

Increase in Demand for Cut Flowers for Decorative Purposes to Escalate Market Growth

 

According to the latest market study on “Cut Flowers Market to 2028 – COVID-19 Impact and Global Analysis – by Flower Type (Rose, Carnation, Lilium, Chrysanthemum and Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Store/Florists, Online Retail, and Others),” the market was valued at US$ 34,347.23 million in 2019 and is projected to reach US$ 49,074.09 million by 2028; it is expected to grow at a CAGR of 4.3% during 2020–2028. The report highlights key driving factors and prominent market players along with their developments in the market.

 

The five main type of cut flowers available are rose, carnation, lilium, chrysanthemum, and gerbera. Cut flowers are the flower buds that have been cut from the plant and are ordinarily removed from the plant for decoration. The common uses of cut flowers are in vase displays, wreaths, and garlands. The cut flowers are harvested by several gardeners from domestic gardens. There is a notable floral industry for cut flowers in most countries.

 

Fresh cut flowers are used commonly for decoration such as vase arrangements and bouquets at formal events; designs for weddings and funerals; gifts on occasions such as in times of illness, or during holidays such as Christmas and Easter; corsages and boutonnieres; and informal displays to beautify homes and public places. They may be used in boutonnieres, corsages, wreaths, formal and informal displays, and similar ornamental articles. Interior designers and wedding planners make use of decorative flowers to enhance the beauty of their work. Beautiful flowers, with respect to the common perception which people possess, are often in more demand. Flowers like roses, sun flowers, and carnation are always in high demand in festivals. Companies such as Karen roses and Multiflora provide cut flowers for the purpose of decoration.

 

The COVID-19 outbreak, which began in Wuhan, China, during December 2019, has spread across the globe. As of April 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are among the worst affected countries in terms of confirmed cases and reported deaths. The outbreak has affected economies and industries due to lockdowns, travel bans, and business shutdowns imposed by governments. Consumer goods, horticulture, and floriculture are among the world’s major industries suffering serious disruptions in the form of supply chain breaks as a result of this pandemic. The transport bans in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the delivery schedules and sales of various goods..


Afriflora Sher; Washington Bulb Co., Inc.; Oserian; Dümmen Orange; The Queen's Flowers; The Kariki Group; Selecta one; Karen Roses Company; MultiFlora; and Rosebud Limited
are among the well-established players in the global cut flowers market.


Geographic Overview of Cut Flowers Market

Geographic Overview of Cut Flowers Market

 

The report segments the global cut flowers market as follows:


By Flower Type

  • Rose
  • Carnation
  • Lilium
  • Chrysanthemum and Gerbera
  • Others

By Application

  • Home
  • Commercial

By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Store/Florists
  • Online Retail
  • Others


By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Sweden
    • Spain
    • Poland
    • Switzerland
    • Denmark
    • Portugal
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

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