NEW YORK, February 19, 2022 /PRNewswire/ — The floriculture market in Malaysia should grow by $220.97 million from 2021 to 2026. However, the growth momentum of the market will slow down at a CAGR of 3.15% during the forecast period, according to Technavio. The report offers up-to-date analysis along with the exact growth variance and annual growth rate.
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Floriculture market in Malaysia 2022-2026: Scope
The floriculture market in Malaysia report covers the following areas:
Floriculture market in Malaysia 2022-2026: drivers and challenges
One of the major drivers for the growth of the floriculture market in Malaysia is the use of flowers and plants for decorative/aesthetic purposes. The growth of the residential and domestic real estate market in Malaysia has resulted in strong demand from the landscaping industry. Factors such as increased household disposable income encourage individuals to spend more on their gardens. Meanwhile, the availability of several varieties of flowering plants and awareness of environmental sustainability will continue to play a key role in driving the market growth over the forecast period.
The growth of the floriculture market in Malaysia is hampered by excessive dependence on climatic conditions. The floriculture industry is highly dependent on the prevailing climatic conditions. The adverse effects of global climate change are also manifesting in Malaysia. The country has experienced below average rainfall in recent years. Additionally, the limited supply of fresh water and drought conditions are threatening the flower production in the country and hence the industry supply chain. In addition, rising temperatures due to global warming negatively affect flower pollination.
Floriculture market in Malaysia 2022-2026: Segmentation
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Floriculture market in Malaysia 2022-2026: Supplier Analysis
We provide a detailed analysis of approximately 25 vendors operating in the Floriculture Market in Malaysia, including Black Tulip Group, Dummen Orange, Floristika.com.my Sdn Bhd, I-Tech Farming Solution (M) Sdn Bhd, Paling Horticulture Sdn Bhd, Splendid Floriculture Sdn Bhd, Syngenta AG, Waltex Biotec Sdn. Bhd., Weeds and More Pte Ltd. and Yayasan Sabah Group, among others. The top offerings from some of these providers are listed below:
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Group of black tulips – The company offers floriculture products such as roses, chrysanthemums and carnations.
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Dummen Orange – The company offers floriculture products such as limonium, carnation and anthurium.
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Floristika.com.my Sdn Bhd – The company offers floriculture products such as alstromeria, anthurium and aster.
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Floriculture market in Malaysia 2022-2026: Highlights
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Market CAGR over the forecast period 2022-2026
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Detailed information on the factors that will contribute to the growth of the floriculture market in Malaysia over the next five years
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Floriculture Market Size Estimation in Malaysia and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the floriculture market in Malaysia
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Market Competitive Landscape Analysis and Detailed Vendor Information
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Complete details of the factors that will challenge the growth of the Floriculture Market vendors in Malaysia
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Scope of the floriculture market in Malaysia |
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Report cover |
Details |
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Page number |
120 |
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base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum and CAGR |
Decelerate at a CAGR of 3.15% |
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Market Growth 2022-2026 |
$220.97 million |
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Market structure |
Concentrated |
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Annual growth (%) |
3.35 |
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Regional analysis |
Malaysia |
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Successful market contribution |
100% Malaysia |
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Main consumer countries |
Malaysia |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
Black Tulip Group, Dummen Orange, Floristika.com.my Sdn Bhd, I-Tech Farming Solution (M) Sdn Bhd, Paling Horticulture Sdn Bhd, Splendid Floriculture Sdn Bhd, Syngenta AG, Waltex Biotec Sdn. Bhd., Weeds and More Pte Ltd. and Yayasan Sabah Group |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period, |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents
Abstract
Market landscape
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by type
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Market segments
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Comparison by type
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Chrysanthemum – Market size and forecast 2021-2026
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Rose – Market size and forecast 2021-2026
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Carnation – Market size and forecast 2021-2026
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Others – Market size and forecast 2021-2026
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Market Opportunity by Type
Market segmentation by type of sales
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Market segments
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Comparison by type of sale
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National – Market size and forecast 2021-2026
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Exports – Market size and forecast 2021-2026
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Market opportunity by type of sale
Customer landscape
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Market factors
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Market challenges
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Market trends
Supplier Landscape
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Overview
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Landscape disturbance
Vendor analysis
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Suppliers Covered
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Positioning on the supplier market
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group of black tulips
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Dummen Orange
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Floristika.com.my Sdn Bhd
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I-Tech Farming Solution (M) Sdn Bhd
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Paling Horticulture Sdn Bhd
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Splendid Floriculture Sdn Bhd
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Syngenta AG
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Waltex Biotec Sdn. Bhd.
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Weeds and More Pte Ltd.
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Yayasan Sabah Group
appendix
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