Global Floriculture Market 2020-2024
Technavio has been monitoring the floriculture market and it is poised to grow by USD 15.20 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our report on floriculture market 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high profits associated with growing ornamental plants and use of flowers and plants for decorative/aesthetic purposes. In addition, high profits associated with growing ornamental plants is anticipated to boost the growth of the market as well.
The floriculture market analysis includes the product segment, application segment, and geographical landscapes.
Technavio's floriculture market is segmented as below:
- Cut flowers
- Bedding plants
- Potted plants
- Conferences and activities, gifts
- Personal and corporate use
By Geographical Landscapes
- North America
- South America
This study identifies the growing prominence for online shopping as one of the prime reasons driving the floriculture market growth during the next few years.
Technavio 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. Our report on floriculture market covers the following areas:
- Floriculture market sizing
- Floriculture market forecast
- Floriculture market industry analysis
Technavio's 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 vendors that include Beekenkamp Group, Danziger Group, Dummen Orange, Flamingo Horticulture Investments, Karen Roses, Kurt Weiss Greenhouses Inc., Marginpar BV, Ruparelia Group, Selecta Klemm GmbH & Co. KG, and Syngenta Seeds BV. Also, the floriculture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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.