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Report
Indian Exotic Flowers Market Report and Forecast 2024-2032
Market Report I 2024-02-08 I 190 Pages I EMR Inc.
Indian Exotic Flowers Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Indian exotic flowers market was supported by the growth of the Indian floriculture market, which reached a value of INR 320.14 billion in 2023. Aided by rise of online shopping specialising in selling a wide variety of local and exotic flowers and growing consumption of exotic flowers for various occasions, the floriculture industry is further expected to grow at a CAGR of around 19.50% in the forecast period of 2024-2032 to reach a value of around INR 1,591.17 billion by 2032.
Exotic flowers, typically native to foreign lands, have found a nurturing ground in India, owing to the country's diverse climatic conditions, which are conducive for the growth of various global species. These flowers, ranging from orchids, lilies, and anthuriums to the rarer breeds like heliconias and bird of paradise, have become pivotal elements in opulent arrangements, making them an intrinsic part of luxury weddings, corporate events, and celebrations.
One of the Indian exotic flowers market trends is the growing popularity of these blooms, arising from an increased disposable income and rising inclination towards luxurious products among the burgeoning middle class and affluent sections of the society. Their alluring aesthetics, combined with their fragrance, makes them a favoured choice for gifting, thereby driving their demand in the Indian scenario.
Further boosting the Indian exotic flowers market growth is their commercial utilisation in hotels, resorts, and other hospitality segments. These venues, aiming to offer a grandeur experience to their customers, leverage these exotic blooms to craft enticing ambiances that leave a mark on their client. Additionally, with India emerging as a popular wedding destination, the demand for these exotic flowers for thematic setups and decor has seen a remarkable rise.
The Indian exotic flowers market demand is supported by the rising preference for sustainably and organically grown flowers. Eco-conscious consumers, along with event managers and florists, are showing an inclination for flowers grown without the use of harmful pesticides or practices, even if it means a slightly elevated cost. This sustainable approach, combined with the ethereal beauty of the flowers, makes them an ideal choice for various occasions.
The Indian exotic flowers market analysis highlights the evolution of the distribution channel, especially the online segment. With digitalisation penetrating in every sector, online florists and e-commerce platforms dedicated to these premium flowers have also flourished. Offering convenience, a wide variety, and the promise of fresh deliveries, these platforms are further enhancing the market's scope, making these once-rare flowers more accessible to the Indian population.
Market Segmentation
The market can be divided based on type, variety, sector, distribution channel, and producing states.
Market Breakup by Type
- Loose Flowers
- Cut Flowers
Market Breakup by Variety
- Lotus
- Hibiscus
- Tulips
- Lavender
- Orchids
- Carnations
- Lily
- Daffodils
- Others
Market Breakup by Sector
- Organised Sector
- Unorganised Sector
Market Breakup by Distribution Channel
- Unorganized Retail
- Florist
- Supermarket/Hypermarket
- Online
- Others
Market Breakup by Producing States
- Indian Cut Flowers by Producing States
o West Bengal
o Karnataka
o Orissa
o Uttar Pradesh
o Maharashtra
o Others
- Indian Loose Flowers by Producing States
o Tamil Nadu
o Karnataka
o Madhya Pradesh
o Mizoram
o Gujarat
o Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Indian exotic flowers market. Some of the major players explored in the report by Expert Market Research are as follows:
- Ferns N Petals
- Phoolwala
- ArenaFlowers
- May Flower
- Elegant Floriculture & Agrotech (I) Limited
- Soex Flora
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 India
7 Opportunities and Challenges in the Market
8 Global Exotic Flowers Market
8.1 Global Exotic Flowers Historical Market (2018-2023)
8.2 Global Exotic Flowers Market Forecast (2024-2032)
9 Indian Exotic Flowers Market Analysis
9.1 Key Industry Highlights
9.2 Indian Exotic Flowers Historical Market (2018-2023)
9.3 Indian Exotic Flowers Market Forecast (2024-2032)
9.4 Indian Exotic Flowers Market by Type
9.4.1 Loose Flowers
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Cut Flowers
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.5 Indian Exotic Flowers Market by Variety
9.5.1 Lotus
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Hibiscus
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Tulips
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Lavender
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Orchids
9.5.5.1 Historical Trend (2018-2023)
9.5.5.2 Forecast Trend (2024-2032)
9.5.6 Carnations
9.5.6.1 Historical Trend (2018-2023)
9.5.6.2 Forecast Trend (2024-2032)
9.5.7 Lily
9.5.7.1 Historical Trend (2018-2023)
9.5.7.2 Forecast Trend (2024-2032)
9.5.8 Daffodils
9.5.8.1 Historical Trend (2018-2023)
9.5.8.2 Forecast Trend (2024-2032)
9.5.9 Others
9.6 Indian Exotic Flowers Market by Sector
9.6.1 Organized Sector
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Unorganized Sector
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
9.7 Indian Exotic Flowers Market by Distribution Channel
9.7.1 Unorganized Retail
9.7.1.1 Historical Trend (2018-2023)
9.7.1.2 Forecast Trend (2024-2032)
9.7.2 Florist
9.7.2.1 Historical Trend (2018-2023)
9.7.2.2 Forecast Trend (2024-2032)
9.7.3 Supermarket/Hypermarket
9.7.3.1 Historical Trend (2018-2023)
9.7.3.2 Forecast Trend (2024-2032)
9.7.4 Online
9.7.4.1 Historical Trend (2018-2023)
9.7.4.2 Forecast Trend (2024-2032)
9.7.5 Others
9.8 Indian Exotic Flowers Market by Producing States
9.8.1 Indian Cut Flowers by Producing States
9.8.1.1 West Bengal
9.8.1.1.1 Historical Trend (2018-2023)
9.8.1.1.2 Forecast Trend (2024-2032)
9.8.1.2 Karnataka
9.8.1.2.1 Historical Trend (2018-2023)
9.8.1.2.2 Forecast Trend (2024-2032)
9.8.1.3 Orissa
9.8.1.3.1 Historical Trend (2018-2023)
9.8.1.3.2 Forecast Trend (2024-2032)
9.8.1.4 Uttar Pradesh
9.8.1.4.1 Historical Trend (2018-2023)
9.8.1.4.2 Forecast Trend (2024-2032)
9.8.1.5 Maharashtra
9.8.1.5.1 Historical Trend (2018-2023)
9.8.1.5.2 Forecast Trend (2024-2032)
9.8.1.6 Others
9.8.2 Indian Loose Flowers by Producing States
9.8.2.1 Tamil Nadu
9.8.2.1.1 Historical Trend (2018-2023)
9.8.2.1.2 Forecast Trend (2024-2032)
9.8.2.2 Karnataka
9.8.2.2.1 Historical Trend (2018-2023)
9.8.2.2.2 Forecast Trend (2024-2032)
9.8.2.3 Madhya Pradesh
9.8.2.3.1 Historical Trend (2018-2023)
9.8.2.3.2 Forecast Trend (2024-2032)
9.8.2.4 Mizoram
9.8.2.4.1 Historical Trend (2018-2023)
9.8.2.4.2 Forecast Trend (2024-2032)
9.8.2.5 Gujarat
9.8.2.5.1 Historical Trend (2018-2023)
9.8.2.5.2 Forecast Trend (2024-2032)
9.8.2.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ferns N Petals
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Phoolwala
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 ArenaFlowers
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 May Flower
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Elegant Floriculture & Agrotech (I) Limited
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Soex Flora
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Indian Exotic Flowers Market: Key Industry Highlights, 2018 and 2032
2. Indian Exotic Flowers Historical Market: Breakup by Type (INR Billion), 2018-2023
3. Indian Exotic Flowers Market Forecast: Breakup by Type (INR Billion), 2024-2032
4. Indian Exotic Flowers Historical Market: Breakup by Variety (INR Billion), 2018-2023
5. Indian Exotic Flowers Market Forecast: Breakup by Variety (INR Billion), 2024-2032
6. Indian Exotic Flowers Historical Market: Breakup by Sector (INR Billion), 2018-2023
7. Indian Exotic Flowers Market Forecast: Breakup by Sector (INR Billion), 2024-2032
8. Indian Exotic Flowers Historical Market: Breakup by Distribution Channel (INR Billion), 2018-2023
9. Indian Exotic Flowers Market Forecast: Breakup by Distribution Channel (INR Billion), 2024-2032
10. Indian Exotic Flowers Historical Market: Breakup by Producing States (INR Billion), 2018-2023
11. Indian Exotic Flowers Market Forecast: Breakup by Producing States (INR Billion), 2024-2032
12. Indian Exotic Flowers Market Structure
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