Flowers and Ornamental Plants Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges and Future Investment Strategies Till 2033

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Flowers and Ornamental Plants Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges and Future Investment Strategies Till 2033: SPER Market Research


 Category : Agriculture

 Published: Sep-2023
 Author: SPER Analyst


Europe Flowers and Ornamental Plants Market is projected to be worth USD 16.03 billion by 2033 and is anticipated to surge at a CAGR of 7.11%.

Floriculture, a significant part of horticulture, involves growing decorative plants, like flowers and ornamental plants that beautify and adapt to diverse environments. Flowers are found on certain ornamental plants. Flowers give the area colour. They are kept in homes, gardens, and outdoor settings. They can be used as cut flowers or potted plants indoors, which improves the beauty of the home. Ornamental Plants: For aesthetic purposes, these plants are cultivated in gardens and landscape design projects. They require little upkeep and are quite adaptable. Trees, shrubs, aquatic plants, perennial plants, and annual plants are a few types of decorative plants.

Europe Flowers and Ornamental Plants Market Driving Factors and Challenges

There are noticeable developments in the floral and ornamental plant markets in Europe. Consumers are increasingly looking for local and eco-friendly products, with sustainability as a main focus. Convenience and a larger selection are driving the growth of online plant marketplaces. Urban gardening and indoor plants are becoming more popular as a result of limited space and rising well-being awareness. Innovative plant breeding methods are creating rare and hardy plant species. Additionally, giving plants as gifts for important occasions is becoming more popular. The market for flowers and decorative plants in Europe is expanding as a result of the implementation of sustainable growing methods and rising customer demand for environmentally friendly products. Consumers are looking for ethically grown, locally sourced, and pesticide-free flowers due to rising environmental concern. This change is in line with the drive for greener urban environments and the strict EU laws on chemical use. Due to increased customer loyalty, market expansion, and the establishment of a healthy balance between aesthetics and ecological responsibility, floricultural firms that prioritise environmentally friendly methods are seeing success.

However, the increasingly strict environmental restrictions and sustainability issues are a major growth inhibitor for the European flowers and decorative plants business. The industry must contend with stringent regulations on pesticide usage, water conservation, and waste disposal as customers and governments prioritise eco-friendly practises. Costly investments in environmentally friendly methods and technology are frequently needed to meet these objectives. Additionally, the carbon footprint of the sector is increased by the cross-border shipping of decorative plants. Market participants face a tremendous challenge in balancing profitability with sustainability, making it crucial to respond swiftly to changing environmental criteria in order to compete in the European market.


Impact of COVID-19 on Europe Flowers and Ornamental Plants Market
The COVID-19 epidemic caused a significant disruption in the flower and decorative plant sectors in Europe. Lockdowns and restrictions impeded the supply chain, reduced consumer spending, and cancelled events, which had a negative impact on both production and sales. Nurseries and merchants struggled financially when demand fell. The economic repercussions of the pandemic had a negative overall impact on the sector, despite the change to internet sales and home gardening partially offsetting losses. Despite the challenges, the sector has become more resilient because to attempts to adjust to changing customer demands and digital platforms as restrictions steadily loosen.

Europe Flowers and Ornamental Plants Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; ARCANGELI GIOVANNI & FIGLIO, Ball Horticultural Company, Beekenkamp Group, Double H Nurseries Ltd., DUTCH FLOWER GROUP, Hofland flowering plants, KP Holland, MARGINPAR BV, SAKATA, Selecta Klemm, Syngenta, Walter Blom Plants BV, Others.


Europe Flowers and Ornamental Plants Market Segmentation:

By Product Type: Based on the Product Type, Europe Flowers and Ornamental Plants Market is segmented as; Cut Flowers, Cuttings, Mats, Potted Plants, Saplings.

By Plantation: Based on the Plantation, Europe Flowers and Ornamental Plants Market is segmented as; Indoor, Outdoor.

By Application: Based on the Application, Europe Flowers and Ornamental Plants Market is segmented as; Commercial, Home.

By Region: This research also includes data for Belgium, France, Germany, Italy, Netherlands, Russia, Spain, United Kingdom and rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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