Floriculture Market in Vietnam 2024-2028

Description

List of Tables

The floriculture market in Vietnam is forecasted to grow by USD 245.39 mn during 2023-2028, accelerating at a CAGR of 8.36% during the forecast period. The report on the floriculture market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the use of flowers and plants for decorative/aesthetic purposes, growing prominence for online flower shopping, and high profits associated with growing ornamental plants.

Technavio's floriculture market in Vietnam is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.65%
CAGR	8.36%
Incremental Value	$245.39mn

By Product

Cut flowers
Bedding plants
Potted plants
Others

By Application

Conferences and activities
Gifts
Personal and corporate use

By Type

Rose
Chrysanthemum
Carnation
Others

This study identifies the growing demand for premium flowers as one of the prime reasons driving the floriculture market in Vietnam growth during the next few years. Also, increasing focus on floral tourism and agrotourism experiences and rising use of biotechnology in floriculture will lead to sizable demand in the market.

The report on the floriculture market in Vietnam covers the following areas:

Floriculture market in Vietnam sizing
Floriculture market in Vietnam forecast
Floriculture market in Vietnam industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floriculture market in Vietnam vendors that include Dalat Hasfarm Co. Ltd., Dummen Orange Holding BV, Fresh Flower World Joint Stock Co., Selecta Cut Flowers SAU, and Syngenta Crop Protection AG. Also, the floriculture market in Vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73971

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Floriculture market in Vietnam 2018 - 2022
4.2 Product Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Type Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments
6.2 Comparison by Product
6.3 Cut flowers - Market size and forecast 2023-2028
6.4 Bedding plants - Market size and forecast 2023-2028
6.5 Potted plants - Market size and forecast 2023-2028
6.6 Others - Market size and forecast 2023-2028
6.7 Market opportunity by Product

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Conferences and activities - Market size and forecast 2023-2028
7.4 Gifts - Market size and forecast 2023-2028
7.5 Personal and corporate use - Market size and forecast 2023-2028
7.6 Market opportunity by Application

8 Market Segmentation by Type

8.1 Market segments
8.2 Comparison by Type
8.3 Rose - Market size and forecast 2023-2028
8.4 Chrysanthemum - Market size and forecast 2023-2028
8.5 Carnation - Market size and forecast 2023-2028
8.6 Others - Market size and forecast 2023-2028
8.7 Market opportunity by Type

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Dalat Hasfarm Co. Ltd.
12.4 Dummen Orange Holding BV
12.5 Fresh Flower World Joint Stock Co.
12.6 Selecta Cut Flowers SAU
12.7 Syngenta Crop Protection AG

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations