Asia Pacific Floriculture Market

Asia Pacific Floriculture Market Size, Growth, Trends and Forecast:

Asia Pacific Floriculture Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026.

The study of growing flower-bearing plants and foliage is called floriculture also known as flower farming. It also includes cultivation of ornamental plants and production of seeds, grafting, buddings, cuttings, and other planting materials. It is the complete development of flowers and ornamentals from seeds to the point of sale.

The demand for flowers is very high in the past few years and is expected to sustain in the forecast period as well. Technological advances in biotechnology and genome sequencing in plants has resulted in the development of new hybrid varieties of flowering plants and also increased the yield. Floriculture is transforming into a lucrative business due to its high growth potential.

Asia Pacific Floriculture Market Drivers:

Developments in horticulture practices and greenhouse technology, advances in biotechnology and its applications on plants and rapidly growing commercial flower trade in developing countries are driving the market growth. However, lack of better transporting facilities in developing regions and increasing demand for artificial flowers are restraining the market growth to an extent.

Asia Pacific Floriculture Market Segmentation:

Asia Pacific Floriculture Market - By Product Type:

• Cut Flowers
• Foliage Plants
• Potted Plants              
• Bedding Plants
• Others

Asia Pacific Floriculture Market - By Application:

• Personal Use
• Cosmetics
• Pharmaceuticals
• Others

Geographical Analysis:

On the basis of region, the Asia Pacific Floriculture market is segmented into

• China
• India
• Japan
• Australia
• South Korea

Asia Pacific leads the floriculture market. It is due to the presence of the largest flower-producing countries such as China and India. Also, Japan is one of the largest flower consumers in the world.

Major Key Players:

Some of the major players in the Floriculture market are Syngenta Flowers, Karuturi, Rosebud, Beekenkamp, Queens Group, Dutch Flower Group, Washington Bulb, Finlays, Selecta One, and Dümmen Orange.