NEW YORK, Sept. 8, 2021 /PRNewswire/ -- The flower and ornamental plants market is expected to grow by USD 27.18 billion, decelerating at a CAGR of 5.80% during the forecast period.
NEW YORK, Sept. 8, 2021 /PRNewswire/ -- The flower and ornamental plants market is expected to grow by USD 27.18 billion, decelerating at a CAGR of 5.80% during the forecast period.
The use of flowers and plants for decorative and aesthetic purposes, growth in floriculture, profitability associated with growing ornamental plants are some of the major factors propelling the market growth. However, factors such as dependence on climatic conditions, use of toxic chemicals, stiff competition in pricing, and product differentiation will hamper the market growth.
More details: https://www.technavio.com/report/flower-and-ornamental-plants-market-industry-analysis
Flower And Ornamental Plants Market: Product Landscape
The market is segmented by product into cut flowers and potted plants. The cut flowers segment led the market share and will continue to lead the market in the long run.
Flower And Ornamental Plants Market: Geography Landscape
In terms of Geography, 44% of the market's growth will originate from APAC during the forecast period. China will emerge as the key revenue-generating market for flower and ornamental plants market in APAC. The growth in floriculture will facilitate the flower and ornamental plants market growth in APAC over the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Related Reports:
Botanical Extracts Market by Application and Geography - Forecast and Analysis 2021-2025
Smart Farming Market by Product, Application, and Geography - Forecast and Analysis 2020-2024
Vertical Garden Construction Market by Type and Geography - Forecast and Analysis 2020-2024
Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article