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Asia Pacific Cut Flowers Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Flower Type, and Application

Asia Pacific Cut Flowers Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Flower Type, and Application

  • November 2020
  • 64 pages
  • ID: 5999641
  • Format: PDF
  • The Insight Partners
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The cut flower market in Asia Pacific is expected to grow from US$ 6,566.96 million in 2019 to US$ 8,624.78 million by 2027; it is anticipated to grow at a CAGR of 3.7% from 2020 to 2027. Numerous health benefits associated with flowers boost their demand in the market. For instance, chrysanthemum has properties that help in reducing blood pressure and curing dizziness and insomnia. Pot marigold is used as a remedy for inflamed skin, and it also prevents the spread of infection in human body. Purple corn flower helps in stimulating the immune system, thereby improving body’s resistance against viral and bacterial infections. Moreover, lavender’s aroma oil calms down the nervous system, reduces muscle tension, and works as an antiseptic. Moreover, scent preparations of various fresh flowers help address the issues such as insomnia, disturbed sleep patterns, and drowsiness. An anticancer drug, vincristine is an alkaloid produced from flowers and other parts of the Vinca plant. Carnation petals are brewed to make tea that helps reduce anxiety, agitation, stress, and fatigue. The consumption of tea prepared by steeping Chrysanthemum flowers in hot water provides relief to patients suffering from fever, headache, or common cold. Moreover, the application of its cooled liquid to eyes can provide soothing effects to tired eyes. Roses are enriched with Vitamin C, and the consumption of raw rose petals helps increase blood circulation and relieve depression. Also, rose tea acts as a mild laxative. The use of paste or cream made from the petals improves the condition of skin, especially the face skin. It can also be used as a wash for gargling in cases of sore throats. Increasing demand for cut flowers for decorative purposes is expected to boost their demand across North America during the forecast period.

Based on flower type, the rose segment led the Asia Pacific cut flower market in 2019.There are over three hundred species of roses and numerous cultivars.

Roses form a group of plants that can be erect shrubs, climbing, or trailing, with stems that are often armed with sharp prickles.Flowers vary in size and shape, and are usually large and showy in colors such as white, yellow, and red.

Rose plants range in size from compact, miniature roses, to climbers that can reach seven meters in height.Different hybrid varieties of roses are also available, which are cultivated using various grafting methods and genetic modifications.

The cultivation of roses for the cut flower applications is profitable for farmers. The selection of a right variety of flowers is an important tool in commercial floriculture. The rose should be cut with the help of sharp cut & hold secateurs. Ground shoot cutting should be done on the 5th of five-leaf pairs, and then one or two eye buds should sprout from the lower leaf below the cut. In the span of 35 to 50 days, these sprouts can develop into flowers. It varies from variety to variety.
The COVID-19 is anticipated to cause the loss of 3 billion in the Asia Pacific region.The impact of the pandemic is likely to worsen in the next couple of months, and it depends on the spread of the virus.

The Airports Council International (ACI) Asia-Pacific warned that the prolonged duration of the COVID-19 outbreak would adversely affect the airports’ connectivity and economic sustainability across the region, significantly restricting them from achieving previously projected growth prospects. These conditions are restraining the growth of the Asia Pacific cut flower market.
The overall Asia Pacific cut flower market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the Asia Pacific cut flower market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Asia Pacificcut flower market. A few players operating in the market are Oserian, Dümmen Orange, The Kariki Group, Selecta one, and MultiFlora.

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Market Introduction Cut flowers refers to flower or flower buds that is cut from the plant on which it is grown.It is usually taken out from plants for its use in decorative purposes. Most of the gardeners ...

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