What Is The Current and Historic Market Size Analysis Of The Nursery And Floriculture Production Market?
The nursery and floriculture production market has seen considerable growth due to a variety of factors.
• The market size of nursery and floriculture production has seen a robust expansion in the past few years. The market, which was valued at $353.26 billion in 2024, is predicted to reach $387.01 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%.
The surge in market growth during the history period is attributed to an increase in demand for decorative plants, commercial space landscaping, seasonal festivities, gift-giving traditions, growing consciousness about green spaces, and economic development.
What Are The Predictions for The Nursery And Floriculture Production Market in the Coming Years?
The nursery and floriculture production market is expected to maintain its strong growth trajectory in upcoming years.
• We anticipate a swift expansion in the market size of the nursery and floriculture production sector in the forthcoming years. The rise to $569.46 billion by 2029 signifies a compound annual growth rate (CAGR) of 10.1%.
This expansion during the forecast period could be credited to sustainable practices, the boom of e-commerce, diversification in plant types, pharmaceutical and cosmetic applications, climate-resilient varietals, and the increase in urban agriculture. Noteworthy trends during this forecast period encompass online sales platforms, environment-friendly and sustainable practices, rare and indigenous plant types, technology integration in production, urbanized gardening, and small-space landscaping, as well as bespoke and specialty plant products.
Which Drivers Are Accelerating Growth In The Nursery And Floriculture Production Market?
The nursery and floriculture production market is predicted to expand, fueled by the boom in commercial real estate construction. Commercial real estate, or CRE, refers to properties used exclusively for business or as workspaces, as opposed to residential usage. These properties are rented out to tenants, providing a source of income. Decorative flora is employed in real estate construction for landscaping and architectural uses, adding a green and eco-friendly vibe. This usage heightens the demand for nursery and floriculture goods. For example, the International Monetary Fund, a US-based global financial body, reported in December 2022 that commercial real estate values had risen by 4.84% in the first quarter of 2021, and this increase rocketed to 13.99% in the first quarter of 2022. Hence, the growth in commercial real estate builds will fuel the market for nursery and floriculture production.
What Are The Core Segments Of The Global Nursery And Floriculture Production Market?
The nursery and floriculture production market covered in this report is segmented –
1) By Type: Trees, Shrubs, Flowers, Vegetable Seeds, Other Types
2) By Application: Household, Plant Garden, Plant Research Center, Commercial Greenery, Other Applications
3) By End User: Business-To-Business (B2B), Business-To-Consumer (B2C)
Subsegments:
1) By Trees: Deciduous Trees, Evergreen Trees, Fruit Trees
2) By Shrubs: Ornamental Shrubs, Flowering Shrubs, Evergreen Shrubs
3) By Flowers: Cut Flowers, Potted Flowers, Dried Flowers
4) By Vegetable Seeds: Hybrid Seeds, Open-Pollinated Seeds, Heirloom Seeds
5) By Other Types: Grasses, Ground Covers, Perennials
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Which Emerging Market Trends Are Altering The Nursery And Floriculture Production Industry?
Leading companies in the nursery and floriculture production market are shifting their focus towards the launch of inventive plant catalogs as a strategic move to stand out in the market. Plant catalogs, whether in print or digital format, offer comprehensive data on diverse plant species. For instance, ThinkPlants, a horticultural organization located in the U.S., unveiled over 40 new species in their 2023-2024 New Catalog, supplementing their 2022-2023 edition. This catalog boasts over 40 new plant species, like perennials, shrubs, and trees. It also includes advanced growing systems and implements for gardening enthusiasts. These innovative plant specimens aim to amplify the aesthetics of gardens and address various landscaping challenges. The 2023-2024 New Catalog is accessible online at no cost via their website.
Who Are the Key Players In The Nursery And Floriculture Production Market?
Major companies operating in the nursery and floriculture production market include:
• Costa Farms LLC
• Altman Specialty Plants Inc.
• Kurt Weiss Greenhouses Inc.
• Rocket Farms Inc.
• Bell Nursery Holdings LLC
• Metrolina Greenhouses Inc.
• Bailey Nurseries Inc.
• Coletta and Tyson Ltd.
• Daleys Fruit Tree Nursery Pty Ltd.
• Double H Nurseries Ltd.
• Dutch Flower Group BV
• Farplants Sales Ltd.
• H Andreas GmbH
• Hofland Flowering Plants
• Beekenkamp Verpakkingen B.V.
• Javado B.V.
• Kientzler Jungpflanzen GmbH & Co. KG
• Klasmann-Deilmann GmbH
• Kordes Rosen GmbH
• Limgroup B.V.
• MNP flowers B.V.
• Morel Diffusion S.A.S.
• Ball Horticultural International Inc.
• Green Fuse Botanicals LLC
• Syngenta Flower Seeds B.V.
• Terra Nova Nurseries Inc.
• Van Belle Nursery Inc.
• Suntory Global Flowers Inc.
• Color Spot Nurseries
• Sun Valley Nurseries
What Are The Regional Insights Into The Nursery And Floriculture Production Market?
Asia-Pacific was the largest region in the nursery and floriculture production market in 2024. The regions covered in the nursery and floriculture production market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
