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Flower & Nursery Stock Wholesaling in the US - Industry Market Research Report

  • September 2017
  • 32 pages
  • Ibisworld
Report ID: 198885

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Wilting point: Import infiltration and downstream consolidation will stifle industry revenue

Abstract

Flower & Nursery Stock Wholesaling in the US

Long-term trends such as price competition, wholesale bypass and pressure from imports stifled growth for the Flower and Nursery Stock Wholesaling industry over the five years to 2017. While rising per capita disposable income somewhat alleviated demand pressure, the industry faced too many hurdles over the five-year period to achieve revenue gains. As a result of both internal and external pressures, IBISWorld expects industry revenue to decline at an annualized rate of 2.3% over the five years to 2017, totaling $9.9 billion.


The industry will continue to struggle in light of wholesale bypass, price competition and pressure from low-cost imports over the period, which will cause revenue to contract. Over the five years to 2022, IBISWorld expects industry revenue to decline at an annualized rate of 3.8%, totaling $8.2 billion. To combat these declines, some retailers will expand their operations into value-added services or complementary product lines.


Operators in this industry sell flowers, nursery stock and florists’ supplies to retail outlets. Distributors purchase flowers and nursery stock from farmers and buy florists’ supplies from various manufacturers. This industry does not grow flowers or plants, nor does it distribute Christmas trees, plant seeds or bulbs.


This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ref:plp2017

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