South Korea Consumer Floriculture Market Size, Share, and COVID-19 Impact Analysis, By Flower Type (Cut Flowers, Bedding Plants, Potted Plants, and Others), By Application (Personal Use, Gift, and Decoration), and South Korea Consumer Floriculture Market Insights, Industry Trend, Forecasts to 2035
Industry: AgricultureSouth Korea Consumer Floriculture Market Insights Forecasts to 2035
- The South Korea Consumer Floriculture Market size is Expected to Grow at a CAGR of around 5.3% from 2025 to 2035
- The South Korea Consumer Floriculture Market size is expected to hold a significant Share by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Consumer Floriculture Market Size is Anticipated to Grow at a CAGR of 5.3% from 2025 to 2035. The market is driven by a strong flower gifting culture and increasing consumer interest in home décor and indoor plants. Growth in e-commerce, flower subscriptions, and government support for smart farming also contributes to expanding market demand.
Market Overview
The South Korea consumer floriculture market refers to the sale of flowers and ornamental plants to end-consumers for personal use, gifts, and decorations. The market includes cut flowers, potted plants, bedding plants, and other types of floral varieties that sold through retail and online sales. It has a steady rate of growth due to cultural impetus for giving flowers, increased availability of a higher disposable income, and rising interest in aesthetics of one’s home. There are also government initiatives to promote smart farming and driving campaigns to consume flowers which is encouraging demand. E-commerce platforms and subscription services for flowers are providing consumers with increased access to floral products and encouraging younger floral customers which will continue to drive positive consumer floriculture market outlook in Korea.
Report Coverage
This research report categorizes the market for the South Korea consumer floriculture market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea consumer floriculture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea consumer floriculture market.
South Korea Consumer Floriculture Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 5.3% d |
Historical Data for: | 2020-2023 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Flower Type, By Application and COVID-19 Impact Analysis. |
Companies covered:: | Syngenta Flowers, Inc., Beekenkamp Group, Selecta Klemm GmbH & Co. KG, Sakata Seed Corporation, PanAmerican Seed Company, Takii & Co., Ltd., Ernst Benary Samenzucht GmbH, Hem Genetics, and others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
South Korea consumer floriculture market is driven by a robust cultural tradition of giving flowers as gifts, increasing disposable incomes, and growing consumer interest in home décor and indoor gardening. Demand for floral arrangements for weddings, graduations, anniversaries, and other celebrations continues to drive demand. Government initiatives to grow flower consumption along with investments in smart farming and urban floriculture are enhancing the domestic supply. Additionally, the growth of online flower delivery and subscription models are increasing access and driving demand.
Restraining Factors
The South Korean consumer floriculture market is restrained by high production and retail prices that reduce flowers available for everyday use. Some other limitations are the ages of farmers, lack of cold-chain infrastructure, and a reliance on imports of premium varieties that reduce the reliability of supply for domestic producers and the long-term viability of the domestic floriculture sector.
Market Segmentation
The South Korea consumer floriculture market share is classified into flower type and application.
- The cut flowers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea consumer floriculture market is segmented by flower type into cut flowers, bedding plants, potted plants, and others. Among these, the cut flowers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Strong demand in gifting and ceremonial use, particularly of roses, chrysanthemums, and lilies which see healthy use surrounding graduations, anniversaries, and cultural events can help to explain this.
- The gift segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea consumer floriculture market is segmented by application into personal use, gift, and decoration. Among these, the gift segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This growth is attributed to Korea's strong flower gifting culture at major life events, a growing preference for more premium bouquets, and the fast uptake from online flower delivery companies.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea consumer floriculture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Syngenta Flowers, Inc.
- Beekenkamp Group
- Selecta Klemm GmbH & Co. KG
- Sakata Seed Corporation
- PanAmerican Seed Company
- Takii & Co., Ltd.
- Ernst Benary Samenzucht GmbH
- Hem Genetics
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea consumer floriculture market based on the below-mentioned segments:
South Korea Consumer Floriculture Market, By Flower Type
- Cut Flowers
- Bedding Plants
- Potted Plants
- Others
South Korea Consumer Floriculture Market, By Application
- Personal Use
- Gift
- Decoration
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