The import of artificial flowers, foliage, and fruit to Thailand stands at 17.595 million USD in 2024, based on forecast data. The values are expected to grow year-on-year, reaching 20.325 million USD by 2028. The year-on-year variations indicate a steady increase: 4.0% from 2024 to 2025, 3.8% from 2025 to 2026, 3.6% from 2026 to 2027, and 3.4% from 2027 to 2028. These consistent growth rates yield a CAGR of approximately 3.7% over the five-year period from 2024 to 2028.
Future trends to watch for include advancements in material quality and durability of artificial flowers, rising environmental awareness leading to higher artificial flower adoption, and potential changes in international trade policies impacting import strategies. Monitoring these trends can provide insights into the evolving market dynamics and help in strategic planning for businesses involved in this sector.
