In 2023, the import value of non-fresh foliage and branches for bouquets to the US was approximately $72.92 million. From 2024 to 2028, this market is projected to grow steadily, starting at $74.55 million in 2024 and reaching $80.882 million by 2028. This indicates a consistent year-on-year growth around 2% and a compounded annual growth rate (CAGR) of approximately 2.1% over the five-year period.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly floral arrangements, potentially driving demand for non-fresh foliage.
- Impact of global supply chain stability and import regulations on market growth.
- Technological advancements in preservation methods that could enhance the appeal of non-fresh foliage products.