Global Florol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Petrochemicals and Flower Petals.

By Application;

Event Planning and Decoration, Funeral Services, Perfume and Cosmetics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn298848690 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Florol Market (USD Million), 2021 - 2031

In the year 2024, the Global Florol Market was valued at USD 65.99 million. The size of this market is expected to increase to USD 57.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of -2.0%.

The global floral market has witnessed significant growth over recent years, driven by increasing consumer interest in floral products for various occasions such as weddings, holidays, and home decor. This market encompasses a wide range of floral products, including fresh flowers, artificial flowers, and floral arrangements. The expanding middle class and rising disposable incomes worldwide have fueled demand for premium floral offerings, contributing to the market’s expansion.

Technological advancements and innovations in floral preservation and distribution have further propelled market growth. E-commerce platforms have also revolutionized the way consumers access floral products, offering convenience and a broad range of choices. This digital shift has made it easier for consumers to purchase flowers and floral arrangements, leading to increased market penetration and accessibility.

Despite its growth, the floral market faces several challenges, including the perishability of fresh flowers and concerns related to environmental sustainability. The short shelf life of flowers necessitates efficient supply chain management, while environmental issues such as pesticide use and carbon emissions impact market dynamics. Additionally, fluctuating flower prices and competition from high-quality artificial flowers present ongoing challenges.

Looking ahead, the global floral market presents ample opportunities for growth. Emerging markets offer new avenues for expansion, driven by urbanization and rising incomes. Innovations in floral design, coupled with a growing emphasis on sustainability, provide avenues for market differentiation and appeal to eco-conscious consumers. Cross-industry collaborations also promise to introduce novel products and services, further enhancing market potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Florol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for natural and organic ingredients
        2. Increasing awareness of health and wellness
        3. Rising popularity of floral-based products in cosmetics and fragrances
      2. Restraints
        1. High cost of floral extracts and essential oils
        2. Limited availability of specific floral ingredients
        3. Regulatory restrictions on floral product formulations
      3. Opportunities
        1. Expansion in emerging markets
        2. Growth in sustainable and eco-friendly product demand
        3. Innovations in floral-based food and beverage products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Florol Market, By Source, 2021- 2031(USD Million)
      1. Petrochemicals
      2. Flower Petals
    2. Global Florol Market, By Application, 2021- 2031(USD Million)
      1. Event Planning and Decoration
      2. Funeral Services
      3. Perfume
      4. Cosmetics
      5. Others
    3. Global Florol Market, By Industry Vertical, 2021- 2031(USD Million)
      1. Personal Care
      2. Perfumes
      3. Soaps & Detergents
      4. Others
    4. Global Florol Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Vigon International
      3. Penta Manufacturing Company
      4. PCW France
      5. Privi Organics
      6. Innospec
      7. Srs Aromatics Ltd
      8. John D. Walsh Company
  7. Analyst Views
  8. Future Outlook of the Market