Welcome to our blog post on flower industry statistics. Flowers are a beautiful and timeless way to express love, appreciation, and joy. They are a staple of many special occasions and holidays, and have been for centuries. In this article, we will explore the current state of the flower industry and the trends that are shaping it.
We’ll look at the size of the industry, the types of flowers that are most popular, and the impact of technology on the industry. We’ll also discuss the implications of these trends for the future of the flower industry. So, let’s get started.
Flower Industry: Most Important Statistics
The United States Floriculture Market is expected to register a CAGR of 6.0% between 2017 and 2027, with Florida having the biggest sales of USD 1,115 million among the ten largest states in 2021.
in AsiaThe Singapore floriculture market is expected to grow at a CAGR of 7.0% from 2021-2026, reaching USD 37,017 thousand in 2026.
Flower Industry: Statistics Overview
The worldwide market for Flower and Ornamental Plants is expected to grow 6.3% over the next five years, reaching $57.4 Billion USD in 2024.
The floristry and floriculture industry is rapidly evolving and is expected to continue to grow in the coming years. This growth is due to technological and farming advances, as well as shifts in production, employment, consumer sentiment, and floristry practices.
The global market for Cut Flowers is estimated to grow from US$33.3 Billion in 2022 to US$50.1 Billion by 2030, with a CAGR of 5.3%.
Rose is projected to record a 5.9% CAGR and reach US$15.8 Billion by the end of the analysis period. This growth in the flower industry is important as it shows the potential for businesses to thrive in the post-COVID-19 business landscape.
The floriculture sector has seen a significant boost in recent decades, reaching $42200 million in export revenue. However, the COVID-19 pandemic has impeded this impressive growth, affecting the satisfaction level of flower farmers, market prices, farm income, profitability, efficiency and technological shifts.
This provides insight into the effects of the pandemic on the sector, which can help inform strategies to mitigate the impacts and ensure the sector continues to grow.
The COVID-19 pandemic is expected to cause a 6.2% contraction in the Floriculture and Floristry Industry in 2020.
It will have a significant impact on the flower industry, which was already affected by other financial crises such as agrarian crisis, job crisis, rise in oil prices and trade renegotiations.
The United States Floriculture Market is expected to register a CAGR of 6.0% between 2017 and 2027, with Florida having the biggest sales of USD 1,115 million among the ten largest states in 2021.
This provides insight into the growth of the flower industry in the United States and the states that are leading the way. This information can be used by flower industry professionals to make informed decisions about their businesses and investments.
The US flower market is worth $7.9 billion and is the leading market in the world, with 33,000 florists.
This shows the size and scope of the flower industry in the US and the potential for growth in the industry.
It also shows the potential for competition among florists in the US, as well as the potential for new businesses to enter the market.
The Asia-Pacific Cut Flower Market is expected to grow from US$ 6,566.96 million in 2019 to US$ 8,624.78 million by 2027, with a CAGR of 3.7% from 2020 to 2027.
The demand for cut flowers is expected to increase significantly in the coming years due to the growth of e-commerce purchases.
This growth in demand will likely drive the cut flower market in the Asia-Pacific region, providing an opportunity for businesses to capitalize on this trend.
in AsiaThe Singapore floriculture market is expected to grow at a CAGR of 7.0% from 2021-2026, reaching USD 37,017 thousand in 2026.
This statistic is important for the flower industry in Asia as it provides an insight into the potential growth of the market, despite the disruption caused by the pandemic.
It also highlights the need for businesses to adapt to the changing environment in order to remain competitive and profitable.
The e-commerce market share of Flowers and Plants in Europe is expected to grow to 30% by 2027, with the consumer becoming less predictable.
There is a future for online sales of flowers and plants, and that the industry must be prepared to adapt to changing consumer behaviour.
The Europe Flowers and Ornamental Plants Market is expected to grow significantly up to 2029, which is beneficial for the flower industry.
The flower industry is expected to grow in Europe up to 2029, which is beneficial for the industry as a whole.
This growth can lead to more jobs, increased revenue, and more opportunities for businesses in the flower industry. Additionally, it can lead to more innovation and development in the industry, which can benefit both consumers and businesses.
Conclusion
The flower industry is a multi-billion dollar industry that continues to grow and expand. With the rise of online flower delivery services and the increasing demand for fresh-cut flowers, the industry is expected to continue to grow in the coming years.
The statistics show that the flower industry is a major contributor to the global economy and provides employment to thousands of people. With the right strategies and investments, the flower industry has the potential to become even more successful in the future.
References
1 – https://www.petalrepublic.com/floristry-and-floriculture-statistics/
2 – https://www.reportlinker.com/p05817698/Global-Cut-Flowers-Industry.html#:~:text=Global%20Cut%20Flowers%20Market%20to,the%20analysis%20period%202022%2D2030.
3 – https://www.sciencedirect.com/science/article/pii/S2666154322000837
4 – https://www.researchgate.net/publication/353972478_Impact_of_COVID_19_on_Floriculture_Industry_of_Nepal
5 – https://www.mordorintelligence.com/industry-reports/united-states-floriculture-market
6 – https://www.soocial.com/flower-industry-statistics/
7 – https://www.businessmarketinsights.com/reports/asia-pacific-cut-flowers-market
8 – https://www.mordorintelligence.com/industry-reports/singapore-floriculture-market
9 – https://ecommercenews.eu/ecommerce-share-floral-industry-europe-30-2027/
10 – https://www.databridgemarketresearch.com/reports/europe-flowers-and-ornamental-plants-market
