
US Cut Flowers Market Forecast to 2028 - COVID-19 Impact and Analysis - by Flower Type (Rose, Carnation, Lilium, Chrysanthemum & Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty St
Description
US Cut Flowers Market Forecast to 2028 - COVID-19 Impact and Analysis - by Flower Type (Rose, Carnation, Lilium, Chrysanthemum & Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores/Florists, Online Retail, and Others)
The US cut flowers market is expected to grow from US$ 9,206.39 million in 2021 to US$ 12,771.94 million by 2028. It is expected to rise at a CAGR of 4.8% from 2021 to 2028.
The cultivation of cut flowers is intensive as it requires large amounts of highly toxic pesticides and residues. Based on application, the US cut flowers market is segmented into home and commercial. In 2020, the commercial segment accounted for a larger revenue share in the market. The increasing demand for cut flowers in weddings, birthdays, funerals, commercial offices, hotels, institutions, and other places and events is boosting this market significantly.
The pharmaceutical industry has surfaced as a key consumer of cut flowers. The popularity of these flowers as medicinal herbs is driving the growth of this market substantially. The increased use of cut flowers in pharmaceutical industries due to the rising awareness about their various health benefits is also aiding the demand for these flowers in the commercial sector.
In the US, the demand for cut flowers for decorative purposes is significantly high. According to Floral Purchase Tracking Study 2016, home decoration is one of the main reasons for a customer to purchase cut flowers in the US. 77% of US consumers buy cut flowers on special occasions, such as birthdays and anniversaries.
The increase in consumption of cut flowers, specifically for decorations, is driving the US cut flower market. Companies in the US are also providing cut flowers for decorations, especially. For instance, Continental Flowers grows Forever Young red roses in Colombia, with a deep red velvet color. It is particularly used for decorations as it has an exceptionally long vase life.
A few key players operating in the US cut flowers market Holland America Flowers, LLC; Continental Flowers; Farm Fresh Flowers; Dummen Flowers; Washington Bulb Co., Inc; Selecta One; Multiflora; The Queen's Flowers; Oserian; and The Kariki Group. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall US cut flowers market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the US cut flowers market.Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the US cut flowers market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the US cut flowers market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth US market trends and outlook coupled with the factors driving the cut flowers market as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The US cut flowers market is expected to grow from US$ 9,206.39 million in 2021 to US$ 12,771.94 million by 2028. It is expected to rise at a CAGR of 4.8% from 2021 to 2028.
The cultivation of cut flowers is intensive as it requires large amounts of highly toxic pesticides and residues. Based on application, the US cut flowers market is segmented into home and commercial. In 2020, the commercial segment accounted for a larger revenue share in the market. The increasing demand for cut flowers in weddings, birthdays, funerals, commercial offices, hotels, institutions, and other places and events is boosting this market significantly.
The pharmaceutical industry has surfaced as a key consumer of cut flowers. The popularity of these flowers as medicinal herbs is driving the growth of this market substantially. The increased use of cut flowers in pharmaceutical industries due to the rising awareness about their various health benefits is also aiding the demand for these flowers in the commercial sector.
In the US, the demand for cut flowers for decorative purposes is significantly high. According to Floral Purchase Tracking Study 2016, home decoration is one of the main reasons for a customer to purchase cut flowers in the US. 77% of US consumers buy cut flowers on special occasions, such as birthdays and anniversaries.
The increase in consumption of cut flowers, specifically for decorations, is driving the US cut flower market. Companies in the US are also providing cut flowers for decorations, especially. For instance, Continental Flowers grows Forever Young red roses in Colombia, with a deep red velvet color. It is particularly used for decorations as it has an exceptionally long vase life.
A few key players operating in the US cut flowers market Holland America Flowers, LLC; Continental Flowers; Farm Fresh Flowers; Dummen Flowers; Washington Bulb Co., Inc; Selecta One; Multiflora; The Queen's Flowers; Oserian; and The Kariki Group. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall US cut flowers market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the US cut flowers market.Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the US cut flowers market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the US cut flowers market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth US market trends and outlook coupled with the factors driving the cut flowers market as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies - US Cut Flowers Market
1. Holland America Flowers, LLC
2. Continental Flowers
3. Farm Fresh Flowers
4. Dummen Flowers
5. Washington Bulb Co., Inc
6. Selecta One
7. Multiflora
8. The Queen’s Flowers
9. Oserian
10. The Kariki Group
1. Holland America Flowers, LLC
2. Continental Flowers
3. Farm Fresh Flowers
4. Dummen Flowers
5. Washington Bulb Co., Inc
6. Selecta One
7. Multiflora
8. The Queen’s Flowers
9. Oserian
10. The Kariki Group
Table of Contents
93 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
- 4. Cut Flowers Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 US
- 4.3 Expert Opinion
- 4.4 US Cut Flower Imports, By Country of Origin, 2019
- 5. US Cut Flowers Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increase in Demand for Cut Flowers for Decorative Purposes
- 5.1.2 Various Health Benefits Associated with Cut Flowers
- 5.2 Market Restraints
- 5.2.1 Stringent Conditions for US Cut Flowers
- 5.3 Market Opportunities
- 5.3.1 Growth in E-Commerce Penetration
- 5.4 Future Trends
- 5.4.1 Marketing Strategies Adopted by the Market Players
- 5.5 Impact Analysis Of Drivers And Restraints
- 6. US Cut Flowers – Market Analysis
- 6.1 Cut Flowers Market Overview
- 6.2 US Cut Flowers Market –Revenue and Forecast to 2028 (US$ Mn)
- 6.3 Market Positioning – Key Market Players
- 7. US Cut Flowers Market Analysis – By Flower Type
- 7.1 Overview
- 7.2 US Cut Flowers Market Breakdown, By Flower Type, 2020 & 2028
- 7.3 Rose
- 7.3.1 Overview
- 7.3.2 Rose: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Carnation
- 7.4.1 Overview
- 7.4.2 Carnations: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5 Lilium
- 7.5.1 Overview
- 7.5.2 Lilium: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 7.6 Chrysanthemum and Gerbera
- 7.6.1 Overview
- 7.6.2 Chrysanthemum and Gerbera: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 8. US Cut Flowers Market Analysis – By Application
- 8.1 Overview
- 8.2 US Cut Flowers Market Breakdown, By Application, 2020 & 2028
- 8.3 Home
- 8.3.1 Overview
- 8.3.2 Home: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Commercial
- 8.4.1 Overview
- 8.4.2 Commercial: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- 9. US Cut Flowers Market Analysis – By Distribution Channel
- 9.1 Overview
- 9.2 US Cut Flowers Market Breakdown, By Distribution Channel, 2020 & 2028
- 9.2.1 Supermarkets and Hypermarkets
- 9.2.1.1 Overview
- 9.2.1.2 Supermarkets and Hypermarkets: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- 9.2.2 Specialty Store/Florists
- 9.2.2.1 Overview
- 9.2.2.2 Specialty Store/Florists: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- 9.2.3 Online Retail
- 9.2.3.1 Overview
- 9.2.3.2 Online Retail: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- 9.2.4 Others
- 9.2.4.1 Overview
- 9.2.4.2 Others: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- 10. Impact of COVID-19 Pandemic on US Cut Flowers Market
- 10.1 Overview
- 11. Company Profiles
- 11.1 Holland America Flowers, LLC
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Continental Flowers
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Farm Fresh Flowers
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Dümmen Orange
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Washington Bulb Co., Inc
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Selecta one
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Multiflora
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 The Queen's Flowers
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Oserian
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 The Kariki Group
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary
- LIST OF TABLES
- Table 1. US Cut Flowers Market –Revenue and Forecast to 2028 (US$ Mn)
- Table 2. Glossary of Terms, US Cut Flowers Market
- LIST OF FIGURES
- Figure 1. US Cut Flowers Market Segmentation
- Figure 2. US Cut Flowers Market Overview
- Figure 3. Rose Segment Held Largest Share of US Cut Flowers Market
- Figure 4. US Cut Flowers Market, Key Market Players
- Figure 5. US: PEST Analysis
- Figure 6. Expert Opinion
- Figure 7. US Cut Flowers Market Impact Analysis Of Driver And Restraints
- Figure 8. US: Cut Flowers Market – Revenue and Forecast to 2028 (US$ Mn)
- Figure 9. US Cut Flowers Market Breakdown, By Flower Type, 2020 & 2028
- Figure 10. Rose: Cut Flower Market - Revenue and Forecast to 2028 (US$ Mn)
- Figure 11. Carnations: Cut Flower Market - Revenue and Forecast to 2028 (US$ Mn)
- Figure 12. Lilium: Cut Flower Market - Revenue and Forecast to 2028 (US$ Mn)
- Figure 13. Chrysanthemum and Gerbera: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Others: Cut Flower Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 15. US Cut Flowers Market Breakdown by Application, 2020 & 2028 (%)
- Figure 16. Home: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- Figure 17. Commercial: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- Figure 18. US Cut Flowers Market Breakdown by Distribution Channel, 2020 & 2028 (%)
- Figure 19. Supermarkets and Hypermarkets: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- Figure 20. Specialty Store/Florists: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- Figure 21. Online Retail: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
- Figure 22. Others: Cut Flower Market - Revenue and Forecast, to 2028 (US$ Mn)
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