The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

Rapid Market Growth

• The nursery and floriculture production market is experiencing rapid growth, increasing from $321 billion in 2023 to $353.26 billion in 2024 at a CAGR of 10.0%.
• This expansion is driven by rising demand for ornamental plants, landscaping in commercial spaces, seasonal celebrations, the gifting culture, increased awareness of green spaces, and overall economic growth.

Factors Driving Growth

Growing Demand for Ornamental Plants

• Ornamental plants are becoming increasingly popular for home and office decoration.
• Their aesthetic appeal and health benefits are significant factors driving market demand.

Landscaping in Commercial Spaces

• Businesses are incorporating more green spaces for aesthetic and environmental benefits.
• Landscaping with plants and flowers enhances the visual appeal and sustainability of commercial properties.

Seasonal Celebrations and Gifting Culture

• Plants and flowers are popular choices for gifts and decorations during holidays and special occasions.
• This trend boosts the nursery and floriculture production market, especially during peak seasons.

Rising Awareness of Green Spaces

• Increasing awareness of the benefits of green spaces for mental and physical health supports market growth.
• Urban areas are focusing on creating more green spaces, boosting demand for plants and flowers.

Economic Growth

• Overall economic growth provides consumers with more disposable income to spend on decorative plants and flowers.
• This financial flexibility drives higher market demand.

Read The Full Nursery And Floriculture Production Market Report Here:
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Future Prospects and Trends

Sustainable Practices and E-commerce Growth

• Sustainable practices in production are becoming more important to consumers and producers alike.
• The growth of e-commerce platforms makes it easier for consumers to purchase plants and flowers online.

Customization in Plant Varieties

• Consumers are looking for unique and customized plant varieties to suit their personal tastes and spaces.
• This trend encourages producers to innovate and offer diverse options.

Pharmaceutical and Cosmetic Uses

• The use of plants in pharmaceuticals and cosmetics is expanding, opening new market segments.
• This growth is driven by the demand for natural and organic products.

Climate-Resilient Varieties

• Developing climate-resilient plant varieties ensures consistent supply and meets growing demand.
• These varieties are crucial in adapting to changing climate conditions.

Urban Agriculture

• The rise in urban agriculture, including vertical farming and rooftop gardens, drives market demand.
• Urban gardening initiatives support local food production and green spaces.

Major Trends in the Market

Online Sales Platforms

• Online platforms are revolutionizing how consumers purchase plants and flowers.
• Convenience and accessibility are key factors driving the shift to online sales.

Sustainable and Eco-friendly Practices

• Consumers are increasingly concerned about sustainability and eco-friendliness.
• Producers adopting these practices gain a competitive edge in the market.

Native and Unique Plant Varieties

• There is a growing interest in native and unique plant varieties for their adaptability and aesthetic appeal.
• These plants support biodiversity and local ecosystems.

Integration of Technology in Production

• Technology such as autonomous greenhouses and sensor technologies is transforming production processes.
• Innovations improve efficiency, yield, and product quality.

Urban Gardening and Small-Space Landscaping

• Urban gardening and small-space landscaping are trending due to limited space in urban areas.
• Creative solutions and products cater to this growing market segment.

Customized and Specialty Plant Products

• Consumers are seeking customized and specialty plant products for personalized experiences.
• Producers are responding with unique offerings and tailored services.

Commercial Real Estate Construction Boom

Driving Market Growth

• The surge in commercial real estate construction is propelling the nursery and floriculture production market.
• Decorative plants and flowers are essential for landscaping and enhancing commercial properties.

Increase in Commercial Real Estate Prices

• Commercial real estate prices have significantly increased, reflecting a robust market.
• This growth drives the demand for landscaping plants and flowers to enhance property value and appeal.

Key Players and Product Innovations

Leading Companies

• Major companies in the market include Costa Farms LLC, Altman Specialty Plants Inc., Kurt Weiss Greenhouses Inc., Rocket Farms Inc., and Bell Nursery Holdings LLC.
• Other notable players are Metrolina Greenhouses Inc., Bailey Nurseries Inc., and Coletta and Tyson Ltd.

Innovative Solutions

• Companies are advancing with innovative solutions like autonomous greenhouses and sensor technologies.
• For instance, Iron Ox launched Grover, a mobile support robot, enhancing efficiency and crop monitoring.

Strategic Partnerships

• In December 2022, Revol Greens partnered with Blue Radix to optimize greenhouse operations.
• This collaboration enhances crop output, reduces energy costs, and scales production efficiently.

Market Segmentation

By Type

1. Trees
2. Shrubs
3. Flowers
4. Vegetable Seeds
5. Other Types

By Application

1. Household
2. Plant Garden
3. Plant Research Center
4. Commercial Greenery
5. Other Applications

By End User

1. Business-To-Business (B2B)
2. Business-To-Consumer (B2C)

Regional Insights

Asia-Pacific Dominance

• Asia-Pacific was the largest region in the nursery and floriculture production market in 2023.
• The region’s dominance is due to favorable climate conditions, economic growth, and increasing urbanization.

Conclusion

The nursery and floriculture production market is set for significant growth, driven by increasing demand for ornamental plants, sustainable practices, and technological advancements. With rising consumer interest in green spaces and urban gardening, the market is poised to expand rapidly, offering diverse and innovative products to meet global demand.

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The Nursery And Floriculture Production Global Market Report 2024  provides an overview of the nursery and floriculture production market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The nursery and floriculture production market forecast analyzes nursery and floriculture production market size, nursery and floriculture production market share, leading competitor and their market positions.

The Table Of Content For The Nursery And Floriculture Production Market Include:
1. Nursery And Floriculture Production Market Executive Summary
2. Nursery And Floriculture Production Market Segments
3. Nursery And Floriculture Production Market Size And Nursery And Floriculture Production Market Growth Rate
4. Key Nursery And Floriculture Production Market Trends
5. Major Nursery And Floriculture Production Market Drivers
……
25. Key Mergers And Acquisitions In The Nursery And Floriculture Production Market
26. Top Nursery And Floriculture Production Companies
27. Nursery And Floriculture Production Market Opportunities And Strategies
28. Nursery And Floriculture Production Market, Conclusions And Recommendations
29. Appendix

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