Asia Pacific Cut Flowers Market Forecast to 2030
Asia Pacific Cut Flowers Market Forecast to 2030 – Regional Analysis – by Flower Type (Rose, Carnation, Lilium, Chrysanthemum and Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty stores/Florist, Online Retail, and Others)
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Description
Surging E-commerce Platform for Flower Delivery Boosts Asia Pacific Cut Flowers Market
E-commerce purchases are on the rise, which can be an opportunity for the flower industry. The number of retailers (florists, supermarkets, and online specialists) selling flowers online is increasing. The assortment of flowers that can be purchased online is also growing. The online sales trend increases the importance of product uniformity, supply chain efficiency, and information exchange standards. Online sales of cut flowers (both bouquets, mono-bunches, and individual flowers) are expected to increase further. Internet sales often involve florists who collectively or individually produce bouquets, flowers, or specialized bouquet producers. E-commerce offers availability of wide varieties of cut flowers, offers and discounts on different products, and customization of gifting purpose, thereby surging the purchase of cut flower through online platform. It will also give supermarkets valuable information about consumer interest and demand. Retailers are targeting the new generation of customers by offering a wide variety of cut flowers and new designs and ideas. Cut flower companies are now using social media platforms to launch marketing campaigns because social media offers many benefits, including targeting specific customer segments, broad reach, and adaptability, while being relatively inexpensive.
Asia Pacific Cut Flowers Market Overview
The cut flowers market in Asia Pacific is segmented into China, Japan, South Korea, Australia, India, and the Rest of Asia Pacific. Developed and developing countries in the region are witnessing growth in urbanization, coupled with the middle-class population, offering several opportunities for the market players in the cut flowers market. The cut flower industry in countries in Asia Pacific has experienced a huge demand in the last few years. Plant genome sequencing and advancements in the biotechnology of ornamental flowers have resulted in the development of new hybrid varieties of flowering plants, along with aiding in increased yields. Thus, floriculture is transforming into a lucrative business in Asia Pacific.
Flowers have been a crucial part of the Asian culture for a thousand years. They have also been an integral component of spiritual and cultural practices, and they also often symbolize royalty. In recent years, even the general public has considered cut flowers as an essential part of their everyday lives, associated with a healthy lifestyle and prosperity. Also, governments of countries in Asia Pacific operate as huge customers of cut flowers, as flower-lined streets have been a part of urban development and city beautification projects. This perception has increased domestic demand for cut flowers in Asia Pacific, especially in countries such as Japan, India, and China, which have a massive domestic flower industry. These factors have favored the market for cut flowers in the Asia Pacific. Thus, with the continuously flourishing Asian economies, the demand for cut flowers would continue to rise in the future.
Asia Pacific Cut Flowers Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Cut Flowers Market Segmentation
The Asia Pacific cut flowers market is segmented into flower type, application, distribution channel, and country.
Based on flower type, the Asia Pacific cut flowers market is segmented into rose, carnation, lilium, chrysanthemum and gerbera, and others. The rose segment held the largest share of the Asia Pacific cut flowers market in 2022.
In terms of application, the Asia Pacific cut flowers market is bifurcated into home and commercial. The commercial segment held a larger share of the Asia Pacific cut flowers market in 2022.
By distribution channel, the Asia Pacific cut flowers market is categorized into supermarkets and hypermarkets, specialty stores/florist, online retail, and others. The specialty stores/florist segment held the largest share of the Asia Pacific cut flowers market in 2022.
Based on country, the Asia Pacific cut flowers market is segmented int o China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. China dominated Asia Pacific cut flowers market in 2022.
Selecta Cut Flowers SAU, Multiflora Corp, Rosebud Ltd, Karen Roses Ltd, Dummen Orange Holding BV, and Marginpar BV are some of the leading companies operating in the Asia Pacific cut flowers market.
Summary Info
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According to the Research Team research, the Asia Pacific cut flowers market was valued at US$ 6,998.34 million in 2022 and is expected to reach US$ 9,985.36 million by 2030, registering a CAGR of 4.5% from 2022 to 2030. Various health benefits associated with cut flowers and increasing demand for cut flowers for decorative purposes are among the critical factor attributed to the Asia Pacific cut flowers market expansion.
Cut Flowers are used for medicinal purposes due to their various health benefits. Flowers are known to have an immediate impact on mood. Their vibrant colors and pleasant fragrances can help reduce stress, anxiety, and depression, improving mental well-being. Studies have shown that flowers can lower cortisol levels (a stress hormone), leading to decreased stress and a more relaxed smile.
Different types of cut flowers have different properties, which help keep the environment fresh and boost mood. Some flowers, such as peace lilies and gerbera daisies, have air-purifying properties, helping to remove common indoor pollutants and improve indoor air quality. In addition, chrysanthemum has properties that help reduce blood pressure and cure dizziness and insomnia. Other flowers, such as pot marigolds, are used as a remedy for inflamed skin and prevent the spread of infection. In contrast, purple cornflower helps stimulate the immune system, improving the body’s resistance against viral and bacterial infection. Moreover, lavender’s aroma calms the nervous system, reduces muscle tension, and works as an antiseptic. Thus, various health benefits associated with cut flowers propel the market growth.
On the contrary, stringent regulations associated with cut flowers hampers the growth of Asia Pacific cut flowers market.
Based on flower type, the Asia Pacific cut flowers market is segmented into rose, carnation, lilium, chrysanthemum and gerbera, and others. The rose segment held 41.5% share of Asia Pacific cut flowers market in 2022, amassing US$ 2,904.13 million. It is projected to garner US$ 4,178.36 million by 2030 to expand at 4.7% CAGR during 2022–2030.
In terms of application, the Asia Pacific cut flowers market is bifurcated into home and commercial. The commercial segment held 81.2% share of Asia Pacific cut flowers market in 2022, amassing US$ 5,685.71 million. It is projected to garner US$ 8,174.75 million by 2030 to expand at 4.6% CAGR during 2022–2030.
By distribution channel, the Asia Pacific cut flowers market is categorized into supermarkets and hypermarkets, specialty stores/florist, online retail, and others. The specialty stores/florist segment held 38.2% share of Asia Pacific cut flowers market in 2022, amassing US$ 2,675.49 million. It is projected to garner US$ 3,737.76 million by 2030 to expand at 4.3% CAGR during 2022–2030.
Based on country, the Asia Pacific cut flowers market has been categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 29.4% share of Asia Pacific cut flowers market in 2022. It was assessed at US$ 2,056.11 million in 2022 and is likely to hit US$ 2,914.73 million by 2030, exhibiting a CAGR of 4.5% during 2022–2030.
Key players operating in the Asia Pacific cut flowers market are Selecta Cut Flowers SAU, Multiflora Corp, Rosebud Ltd, Karen Roses Ltd, Dummen Orange Holding BV, and Marginpar BV, among others.
In January 2022, Selecta One and Moraglia Breeding jointly announced that the two companies entered a new formal strategic alliance. This strategic partner powerfully strengthens our logistics capability and expertise, including a strong strategy, supply chain, and team management.
In May 2023, Marginpar and VBW, a trade association for florists, work together to inspire florists with their products and support their sales.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific cut flowers market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the cut flowers market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Cut Flowers Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
5. Asia Pacific Cut Flowers Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Cut Flowers for Decorative Purposes
5.1.2 Various Health Benefits Associated with Cut Flowers
5.2 Market Restraints
5.2.1 Stringent Regulations Associated with Cut Flowers
5.3 Market Opportunities
5.3.1 Surging E-commerce Platform for Flower Delivery
5.4 Future Trends
5.4.1 Marketing a Farm Story to Attract Customers
5.5 Impact of Drivers and Restraints:
6. Cut Flowers Market – Asia Pacific Market Analysis
6.1 Asia Pacific Cut Flowers Market Revenue (US$ Million), 2020 – 2030
6.2 Asia Pacific Cut Flowers Market Forecast and Analysis
7. Asia Pacific Cut Flowers Market Analysis – Flower Type
7.1 Rose
7.1.1 Overview
7.1.2 Rose: Market Revenue and Forecast to 2030 (US$ Million)
7.2 Carnation
7.2.1 Overview
7.2.2 Carnation: Market Revenue and Forecast to 2030 (US$ Million)
7.3 Lilium
7.3.1 Overview
7.3.2 Lilium: Market Revenue, and Forecast to 2030 (US$ Million)
7.4 Chrysanthemum and Gerbera
7.4.1 Overview
7.4.2 Chrysanthemum and Gerbera: Market Revenue, and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Market Revenue, and Forecast to 2030 (US$ Million)
8. Asia Pacific Cut Flowers Market Analysis – Application
8.1 Home
8.1.1 Overview
8.1.2 Home: Market Revenue and Forecast to 2030 (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial: Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Cut Flowers Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets: Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Specialty Store/Florists
9.2.1 Overview
9.2.2 Specialty Store/Florists: Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Market Revenue, and Forecast to 2030 (US$ Million)
10. Asia Pacific Cut Flowers Market – Country Analysis
10.1 Asia Pacific Cut Flowers Market Overview
10.1.1 Asia Pacific Cut Flowers Market, by key Country – Revenue (2022) (US$ Million)
10.1.2 Asia Pacific Cut Flowers Market Breakdown by Country
10.1.2.1 Japan Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.1.1 Japan Cut Flowers Market Breakdown by Flower Type
10.1.2.1.2 Japan Cut Flowers Market Breakdown by Application
10.1.2.1.3 Japan Cut Flowers Market Breakdown by Distribution Channel
10.1.2.2 China Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.2.1 China Cut Flowers Market Breakdown by Flower Type
10.1.2.2.2 China Cut Flowers Market Breakdown by Application
10.1.2.2.3 China Cut Flowers Market Breakdown by Distribution Channel
10.1.2.3 India Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.3.1 India Cut Flowers Market Breakdown by Flower Type
10.1.2.3.2 India Cut Flowers Market Breakdown by Application
10.1.2.3.3 India Cut Flowers Market Breakdown by Distribution Channel
10.1.2.4 Australia Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.4.1 Australia Cut Flowers Market Breakdown by Flower Type
10.1.2.4.2 Australia Cut Flowers Market Breakdown by Distribution Channel
10.1.2.5 South Korea Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.5.1 South Korea Cut Flowers Market Breakdown by Flower Type
10.1.2.5.2 South Korea Cut Flowers Market Breakdown by Application
10.1.2.5.3 South Korea Cut Flowers Market Breakdown by Distribution Channel
10.1.2.6 Rest of Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.6.1 Rest of Asia Pacific Cut Flowers Market Breakdown by Flower Type
10.1.2.6.2 Rest of Asia Pacific Cut Flowers Market Breakdown by Application
10.1.2.6.3 Rest of Asia Pacific Cut Flowers Market Breakdown by Distribution Channel
11. Company Profiles
11.1 Selecta Cut Flowers SAU
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Multiflora Corp
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Rosebud Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Karen Roses Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Dummen Orange Holding BV
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Marginpar BV
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
LIST OF TABLES
Table 1.            Asia Pacific Cut Flowers Market Segmentation
Table 2.            Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Table 3.            Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 4.            Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 5.            Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 6.            Japan Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 7.            Japan Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 8.            Japan Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 9.            China Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 10.         China Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 11.         China Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 12.         India Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 13.         India Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 14.         India Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 15.         Australia Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 16.         Australia Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 17.         Australia Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 18.         South Korea Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 19.         South Korea Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 20.         South Korea Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 21.         Rest of Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 22.         Rest of Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 23.         Rest of Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
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LIST OF FIGURES
Figure 1.          Asia Pacific Cut Flowers Market Segmentation, By Country
Figure 2.          Porter’s Five Forces Analysis
Figure 3.          Ecosystem: Cut Flowers Market
Figure 4.          Asia Pacific Cut Flowers Market – Key Industry Dynamics
Figure 5.          Impact Analysis of Drivers and Restraints
Figure 6.          Asia Pacific Cut Flowers Market Revenue (US$ Million), 2020 – 2030
Figure 7.          Asia Pacific Cut Flowers Market Share (%) – Flower Type, 2022 and 2030
Figure 8.          Rose: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9.          Carnation: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10.       Lilium: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11.       Chrysanthemum and Gerbera: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12.       Others: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13.       Asia Pacific Cut Flowers Market Share (%) – Application, 2022 and 2030
Figure 14.       Home: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15.       Commercial: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16.       Asia Pacific Cut Flowers Market Share (%) –Distribution Channel, 2022 and 2030
Figure 17.       Supermarkets and Hypermarkets: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18.       Specialty Store/Florists: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19.       Online Retail: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20.       Others: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21.       Asia Pacific Cut Flowers Market, by Key Country – Revenue (2022) (US$ Million)
Figure 22.       Asia Pacific Cut Flowers Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 23.       Japan Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24.       China Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25.       India Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26.       Australia Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27.       South Korea Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28.       Rest of Asia Pacific Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
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The List of Companies – Asia Pacific Cut Flowers Market
o Selecta Cut Flowers SAU
o Multiflora Corp
o Rosebud Ltd
o Karen Roses Ltd
o Dummen Orange Holding BV
o Marginpar BV
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