The latest research document on “Global Ornamental Peony Market Size, Share, Sales and Forecast 2024–2030” Published by HTF MI with 143+ pages. The Study is segmented by key a region that is accelerating the marketization. Ornamental Peony study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Major Key Players in This Report Include:
Adelman Peony Gardens (United States), Hollingsworth Peonies (United States), Peony’s Envy (United States), Cricket Hill Garden (United States), Primrose Hall Peonies (United Kingdom), Kelways Plants (United Kingdom), Fina Gardens (New Zealand), Green Works International BV (Netherlands), Warmerdam Paeonia B.V. (Netherlands), Alaska Perfect Peony (United States), Heze Zhenhua Peony Co., Ltd (China).
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According to HTF Market Intelligence, the Global Ornamental Peony market is expected to grow from 700 Million USD in 2023 to 1 Billion USD by 2030, with a CAGR of 7% from 2024 to 2030. The market is segmented by Global Ornamental Peony Market Breakdown by Application (Residential Gardening, Commercial Landscaping) by Type (Herbaceous Peonies, Tree Peonies, Intersectional (Itoh) Peonies, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
The Ornamental Peony, sometimes referred to as the Flower of Wealth and Honor, is prized for its intricate petal count and delicate, alluring look. They differ from many other flowers in that they have a wide, bushy structure, an attractive perfume, and a range of hues from white to pink to scarlet. The blossoms are usually up to six inches in diameter, with a layered structure like a ruffled ball. The blossoms of these flowering plants bloom from late spring to early summer, and they thrive in well-drained soil and full sun. Because they are low maintenance and have a long lifespan, peonies are utilized in ornamental gardening.
Market Trends:
- Biotechnology and tissue culture improve peony propagation and plant quality.
- E-commerce and digital marketing enhance global reach and optimize growth conditions.
Market Drivers:
- Rising interest in home gardening and low-maintenance plants boosts Ornamental Peony demand.
- Social media trends and floral arrangements for events drive sales and market expansion.
Market Opportunities:
- Emerging gardening trends and unique peony varieties drive global market growth.
- Collaborations with event organizers and eco-friendly practices enhance market appeal.
Dominating Region:
- North America
Fastest-Growing Region:
- Europe
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter’s five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Ornamental Peony market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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