Flower & Nursery Stock Wholesaling in Canada - Industry Market Research Report
Description
Flower & Nursery Stock Wholesaling in Canada
The Flower and Nursery Stock Wholesaling industry in Canada primarily sells flowers, including cut flowers, potted plants and nursery stock, like grasses, shrubs, bushes and vines. The industry has continued to fare with increasing external competition that have produced a long-term structural decline. However, favourable economic conditions have led to growth in disposable income and expenditure in residential renovations, despite the COVID-19 pandemic, which have led to a temporary reversal of fortunes for wholesalers. These trends have boosted demand in downstream markets for discretionary goods, like flowers and nursery stock. Structural changes in the industry have also given room for wholesale price increases that have supported this expansion. As a result, revenue is forecast to rise at a CAGR of 0.9% to $891.9 million over the five years to 2023, although revenue will contract an estimated 2.2% during the current year.
Operators in this industry sell flowers, nursery stock and florist supplies. Distributors purchase flowers and nursery stock from farmers, and they also purchase florist supplies from various manufacturers. This industry does not grow flowers or plants, nor does it distribute Christmas trees, plant seeds or bulbs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Flower and Nursery Stock Wholesaling industry in Canada primarily sells flowers, including cut flowers, potted plants and nursery stock, like grasses, shrubs, bushes and vines. The industry has continued to fare with increasing external competition that have produced a long-term structural decline. However, favourable economic conditions have led to growth in disposable income and expenditure in residential renovations, despite the COVID-19 pandemic, which have led to a temporary reversal of fortunes for wholesalers. These trends have boosted demand in downstream markets for discretionary goods, like flowers and nursery stock. Structural changes in the industry have also given room for wholesale price increases that have supported this expansion. As a result, revenue is forecast to rise at a CAGR of 0.9% to $891.9 million over the five years to 2023, although revenue will contract an estimated 2.2% during the current year.
Operators in this industry sell flowers, nursery stock and florist supplies. Distributors purchase flowers and nursery stock from farmers, and they also purchase florist supplies from various manufacturers. This industry does not grow flowers or plants, nor does it distribute Christmas trees, plant seeds or bulbs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
73 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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