In the past five years, the Canadian dollar has appreciated, making Canadian products more expensive on the global market. As a result, demand from export markets has fallen significantly in the past five years, pushing Plant and Flower Growing industry revenue downward. In the next five years, the domestic market for plants and flowers is expected to continue declining as consumers lead more fast-paced lifestyles and have less time for gardening. Nevertheless, the market for cut flowers that sell for a premium will partially sustain the industry as these become staple gifts for holidays and birthdays.
This industry grows nursery and floriculture products, such as shrubbery, cut flowers, ornamental plants and short rotation woody crops, such as Christmas trees. These plants may be grown under cover or in an open field.
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.