The Cut Flowers Market Size is estimated to be valued at USD 36.4 billion in 2022. It is projected to reach USD 45.5 billion by 2027, recording a CAGR of 4.6% during the forecast period.
Cut flowers are plant parts that include the blooms or “inflorescences” and some attached plant materials but not the roots or soil. Fresh-cut flowers are highly perishable because they only sustain a limited number of life-sustaining processes by sucking water up through their stems. These flowers are used for decorative purposes such as vase arrangements and bouquets at formal events; designs for weddings and funerals; gifts for Mother’s Day, Valentine’s Day, illnesses, and holidays such as Christmas and Easter; corsages and boutonnieres; and informal displays to beautify homes and public places.
The global cut flowers market is dominated by top cut flowers companies such as Dummen Orange (Netherlands), Danziger Group (Israel), Dos Gringos LLC. (US), Esmeralda Farms (US), Flamingo (UK), Florance Flora (India), Karen Roses Company (Kenya), Marginpar BV (Netherlands), Multiflora (US), Rosebud Limited (Uganda), Selecta One (Germany), Washington Bulb Co., Inc. (US), Soex Flora (India), and Florius Flowers (UAE).
Danziger Group is a leading player in the cut flowers industry and one of the leading floriculture innovation companies. The company engages in research, development, breeding, sales, and marketing of high-quality cut flowers. It produces perennials and annual flowers for all parts of the supply chain. The company is present globally, with 500 million cuttings of Danziger varieties planted each year in 60 countries. It also has 600 elite varieties of superior-quality flowers that have superior genetics.
Dummen Orange is an ornamental breeding floriculture company. It is a platform where all breeders are represented under one brand, and the company assists them with modern and traditional technologies to produce high-quality ornamental plants. The company specializes in breeding, producing, and marketing bedding plants, potted plants, cut flowers, and perennials. Dummen Orange has a strong global network and operates primarily in Europe, the Middle East, Africa, and Asia Pacific. Under its cut flowers range, the company currently sells Gerbera, Carnations, Chrysanthemum Roses, Limonium, and Mum Africa.
Asia Pacific is to grow by 5.5% CAGR during the forecast period
The Asia Pacific region is the most densely populated in the world. Asia is noted for several cut flowers, tropical and seasonal. Several cultures in Asia regard flowers as an important part of their heritage. They are an essential part of celebrations, mourning as well as decoration. The floriculture industry in Asia is thriving because of the increased importance of flowers for weddings, offerings in religious places, as well as home and commercial decorations. The cut flowers industry has developed in Asia because of low-cost flower demand in European countries.