PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1777337
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1777337
Global Floriculture Market to Reach US$69.7 Billion by 2030
The global market for Floriculture estimated at US$56.3 Billion in the year 2024, is expected to reach US$69.7 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2024-2030. Cut flowers, one of the segments analyzed in the report, is expected to record a 4.9% CAGR and reach US$26.6 Billion by the end of the analysis period. Growth in the Potted plants segment is estimated at 2.3% CAGR over the analysis period.
The U.S. Market is Estimated at US$15.3 Billion While China is Forecast to Grow at 7.0% CAGR
The Floriculture market in the U.S. is estimated at US$15.3 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$14.2 Billion by the year 2030 trailing a CAGR of 7.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
Global Floriculture Market - Key Trends & Drivers Summarized
Why Is the Floriculture Market Flourishing Globally?
Floriculture, the cultivation and commercial trade of flowers and ornamental plants, is witnessing substantial growth due to increasing consumer demand for floral decorations, gift arrangements, and landscaping projects. The expansion of urban gardens, rising popularity of vertical farming, and growing preference for eco-friendly indoor plants are driving market expansion. Additionally, the floriculture industry plays a critical role in events such as weddings, corporate functions, and festivals, boosting seasonal flower sales. The surge in online flower retail and subscription-based floral services is also making fresh flowers more accessible to consumers. As sustainability trends rise, eco-conscious floriculture practices such as organic flower farming and reduced pesticide usage are shaping industry dynamics.
What Technological Advancements Are Improving Floriculture?
Advancements in hydroponic cultivation, LED-based grow lights, and AI-driven precision farming are revolutionizing the floriculture industry. Controlled environment agriculture (CEA) techniques are enhancing year-round flower production by optimizing temperature, humidity, and nutrient delivery. AI-powered monitoring systems are enabling real-time tracking of plant health, reducing waste, and improving yield efficiency. Additionally, genetic modification and selective breeding are leading to the development of longer-lasting, pest-resistant flowers. Innovations in post-harvest preservation, such as vacuum cooling and biodegradable packaging, are further extending the shelf life of flowers, enhancing supply chain efficiency. These technological improvements are making floriculture more sustainable, cost-effective, and scalable.
How Are Regulations and Market Trends Influencing Floriculture?
Regulatory policies on pesticide usage, water conservation, and sustainable farming practices are shaping the floriculture industry. The increasing demand for organic and fair-trade flowers is prompting growers to adopt environmentally friendly cultivation methods. Additionally, global trade agreements and phytosanitary regulations impact international flower exports, influencing supply chain logistics. The rise of e-commerce and digital marketing is transforming flower sales, enabling direct-to-consumer flower delivery services. As consumers prioritize eco-conscious purchasing, the floriculture market is shifting toward biodegradable floral arrangements, sustainable packaging, and carbon-neutral distribution methods.
What’s Driving the Future Growth of the Floriculture Market?
The future of floriculture is being shaped by AI-powered smart greenhouses, automation in floral farming, and the expansion of urban vertical gardens. The increasing adoption of robotic harvesters and automated irrigation systems will further improve efficiency in commercial flower farming. Additionally, the rise of eco-friendly floral arrangements, such as preserved flowers and zero-waste bouquets, is expected to create new market opportunities. The integration of blockchain-based supply chain tracking will enhance transparency in flower sourcing and trade. As the floriculture industry continues to embrace innovation, sustainable and tech-driven flower cultivation will dominate the market.
SCOPE OF STUDY:
The report analyzes the Floriculture market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (Cut flowers, Potted plants, Bedding plants, Foliage plants, Others); Flower Type (Rose, Chrysanthemum, Tulip, Lily, Gerbera, Carnations, Texas bluebell, Freesia, Hydrangea, Others); End-Use (Personal use, Institutions / events, Hotels & resorts & spas, Industrial, Others)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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