Dublin, March 06, 2024 (GLOBE NEWSWIRE) -- The "Cut Flowers Market Size and Forecasts 2020-2030, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Flower Type, Application, and Distribution Channel" report has been added to ResearchAndMarkets.com's offering.
Global Expansion in the Cut Flowers Market Fueled by Increased Demand for Decorative and Health-Beneficial Flora
This market analysis report reveals that the global cut flowers market is set to witness notable growth, projecting an upsurge from the current valuation of $36.83 billion to a staggering $53.36 billion by the year 2030. With a compound annual growth rate (CAGR) of 4.7% forecasted over the upcoming years, the market growth underscores the rising demand for decorative floral arrangements and the recognition of the health benefits associated with cut flowers.
Cut flowers, once primarily a gardener's delight, have turned into an extensive industry with high-intensity cultivation, leveraging technology and expertise to meet global demands. The application of pesticides and consideration of their residue are noted as integral to the successful growth of flowers for commercial purposes.
The Multifaceted Benefits of Cut Flowers Drive Market Growth
The report emphasizes the multifunctional attributes of cut flowers, ranging from their aesthetic appeal to their myriad health benefits, including stress relief and air purification. A Harvard Medical School study highlighting the mood-lifting effects of keeping flowers at home sheds light on the potent impact of these blooms on mental well-being and indoor environments.
From a commercial standpoint, the utilization of cut flowers spans diverse sectors including event decor, corporate settings, and hospitality industries. Trends such as bold floral installations and eco-friendly arrangements are particularly influential, augmenting the commercial segment of the market.
Regional Market Dynamics and Strategic Insights
Diving into geographical analysis, Europe surfaces as the dominant market contender, with North America following closely in terms of growth prospects. European supremacy within the cut flowers industry can be attributed to established players, efficient logistics, a tradition of flower gifting, and heightened activity around festive seasons.
To accurately gauge the current state and future trajectory of the cut flowers market, comprehensive research methods have been employed, combining secondary sources, primary validations by industry insiders, and analytical insights from experts within the field.
Strategic Implications for Market Players
The report offers valuable guidance to stakeholders within the cut flowers industry, urging companies to align their strategies with prevailing and emergent industry trends. Thorough analysis and recognition of influential factors - both propelling and restraining market growth - are vital to informed decision-making and the formulation of robust business plans that acknowledge global market variations.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 147 |
| Forecast Period | 2022-2030 |
| Estimated Market Value (USD) in 2022 | $36.83 Billion |
| Forecasted Market Value (USD) by 2030 | $53.36 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes:
- The Queen's Flowers Corp.
- Selecta Cut Flowers SAU
- Sher Holland B.V.
- Multiflora Corp.
- Rosebud Ltd.
- Karen Roses Ltd.
- Washington Bulb Co. Inc.
- Dummen Orange Holding B.V.
- Esmeralda Farms LLC
- Marginpar B.V.
For more information about this report visit https://www.researchandmarkets.com/r/g919xr
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