Plant & Flower Growing in Canada - Industry Market Research Report
Description
Plant & Flower Growing in Canada
Plant and flower growers have endured volatility in recent years amid overall revenue growth. Growers work with nursery and floriculture products, including shrubbery, cut flowers, ornamental plants and short rotation woody crops, like Christmas trees. The industry has performed well through the end of 2023, aided by economic growth domestically and in the United States. Unlike many industries, revenue grew in 2020 despite the spread of COVID-19 as disposable income grew alongside demand for flowers and plants. Revenue growth has been supported by strong export growth, which has also contributed to a growing level of profit. Plant and flower growing revenue is expected to grow at a CAGR of 1.4% to $2.4 billion through the end of 2023, despite a decline of 2.1% in 2023 alone when profit will account for 12.2% of revenue.
Operators in the Plant and Flower Growing industry in Canada grow 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.
Plant and flower growers have endured volatility in recent years amid overall revenue growth. Growers work with nursery and floriculture products, including shrubbery, cut flowers, ornamental plants and short rotation woody crops, like Christmas trees. The industry has performed well through the end of 2023, aided by economic growth domestically and in the United States. Unlike many industries, revenue grew in 2020 despite the spread of COVID-19 as disposable income grew alongside demand for flowers and plants. Revenue growth has been supported by strong export growth, which has also contributed to a growing level of profit. Plant and flower growing revenue is expected to grow at a CAGR of 1.4% to $2.4 billion through the end of 2023, despite a decline of 2.1% in 2023 alone when profit will account for 12.2% of revenue.
Operators in the Plant and Flower Growing industry in Canada grow 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.
Table of Contents
41 Pages
- TABLE OF CONTENTS
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
Search Inside Report
Pricing
Currency Rates
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