Floriculture Market: By Product Type (Bedding Plants, Cut Flowers, Cut foliage, Pod Plants and Others (Bulbs and corms)), By Price Range (Low Price, Medium and Premium Price), By Application (Cosmetics, Decoration, Perfumes, Pharmaceuticals and Others), By Sales Channel (Direct, Online Retailers, Specialty Stores, Supermarkets and Other Sales Channels) and Geography

Floriculture Market size was valued at USD 48.2 billion in 2023 and is poised to grow at a CAGR of 6.6% from 2024-2030. Some of the key factors fueling the market growth include rising internet penetration is helping create awareness for floriculture products among consumers, development of horticulture practices and greenhouse technology, increasing popularity of ayurveda and other therapies and growing specialized retail channels in emerging countries. Also, technological improvements provide huge opportunities for floriculture market growth. However, the growing demand for artificial flowers are hindering the market growth.

Floriculture Market Key Developments:
In Aug 2019, Ball Horticultural partnered with AGA Agro. The partnership will provide AGA access to the vast floriculture offering of Ball, and will lead to the expansion of its product assortment, including entry into new product categories such as indoor flowering plants and vegetative flower varieties.