From 2013 to 2015, the ornamental plants and flowers area in Sweden showed an initial recovery, growing from 150.0 hectares to 180.0 hectares, and maintaining this level through 2023. The most notable increases were in 2014 and 2015, with year-on-year growth rates of 6.67% and 12.5% respectively. Consistently stable levels of 180.0 hectares have been sustained from 2016 onwards, with a 0% year-on-year growth rate and 0% CAGR observed through 2023.
Moving forward, the forecast indicates that the area dedicated to ornamental plants and flowers will remain stable at 180.0 hectares through 2028, maintaining a 0% forecasted 5-year CAGR and growth rate. This suggests a plateau in expansion, likely due to mature market conditions.
Future Trends to Watch For:
- Potential impact of climate change on cultivation practices and plant variety.
- Technological advancements in horticulture and their adoption rates.
- Market demands and consumer preferences shifting towards sustainable and locally sourced ornamental plants.