In 2023, the import of live trees, plants, bulbs, roots, and cut flowers into the US stood at a considerable level. Forecasts predict a steady growth trajectory with annual figures rising each year from 2024 to 2028, reaching around $2.9659 billion by 2028. The year-on-year growth is slightly incremental, indicating a stable market recovery and consistent demand across the forecasted period.
Future trends to watch for include:
- An increasing consumer preference for sustainable and eco-friendly floral products.
- Potential impacts from environmental policies affecting global trade dynamics.
- Shifts in consumer trends towards indoor and outdoor gardening due to lifestyle changes.