The Cut Flowers Global Market Report 2023, provides comprehensive information on the cut flowers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/cut-flowers-global-market-report
As per The Business Research Company’s Cut Flowers Global Market Report 2023, the market size is expected to grow from $32.00 billion in 2022 to $33.83 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cut flowers market size is expected to reach $41.53 billion in 2027 at a CAGR of 5.3%.
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The rising demand for cut flowers for decorative purposes is expected to propel the growth of the cut flowers market going forward. Cut flowers for decorative purposes refer to flowers that are grown specifically to be cut and used in various decorative applications, such as floral arrangements, bouquets, and centerpieces. As more consumers purchase cut flowers for decorative purposes for floral arrangements, bouquets, and centerpieces, the demand for cut flowers is increasing which will boost the market. For instance, in January 2022, according to the report published by the International Association of Horticultural Producers (AIPH), a UK-based trade association dedicated to promoting horticultural producers, the global cut flower industry experienced an overall growth of 40% between 2015 and 2020. Therefore, the rising demand for cut flowers for decorative purposes will increase the demand for the cut flowers.
The cut flowers market is segmented:
1) By Flower Type: Rose, Chrysanthemum, Carnation, Gerbera, Lilium, Other Flower Types
2) By Application: Personal Use, Parties And Special Days, Wedding And Mega Cultural Events, Welcoming And Greeting, Conference And Activities, Other Applications
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Store Or Florists, Online Retail, Other Distribution Channels
Europe was the largest region in the cut flowers market in 2022.
The table of contents in TBRC’s cut flowers market report includes:
- Executive Summary
- Food Processing Machinery Market Characteristics
- Food Processing Machinery Market Trends And Strategies
- Food Processing Machinery Market – Macro Economic Scenario
- Food Processing Machinery Market Size And Growth
…..
- Africa Food Processing Machinery Market
- Food Processing Machinery Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Food Processing Machinery Market
- Food Processing Machinery Market Future Outlook and Potential Analysis
- Appendix
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