Peru Flower and Ornamental Plants Market (2023-2029) | Trends, Size, Forecast, Growth, Revenue, Industry, Value, Analysis, Segmentation, Share, Outlook & COVID-19 IMPACT

Topics Covered in Peru Flower and Ornamental Plants Market Report

Peru Flower and Ornamental Plants Market report thoroughly covers the market by product type and application. The market outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Peru Flower and Ornamental Plants Market Synopsis

Peru Flower and Ornamental Plants Market is projected to grow in the forecast year. The floral market in Peru is growing rapidly due to the rise in demand from the local and international markets. The country has a wide range of flowers and ornamental plants. The country has a suitable climate and soil conditions for the growth of flowers.

According to 6Wresearch, Peru Flower and Ornamental Plants Market size is projected to grow during 2023-2029. The government is providing monetary help to the farmers for the growth of the sector. The major factor leading to the expansion of the market is consumer spending on home decorative items and a rise in awareness of the environmental advantage of plants and flowers. The various government initiatives, increasing income, and demand for flowers and ornamental plants is the key factor for the growth of the market. Flowers are gaining popularity as gifts and decorative items due to their aesthetic appeal leading to the expansion of the Peru Flower and Ornamental Plants Industry. There are some major challenges faced by the industry. The high cost of inputs used in the production of flowers, the cost of labor, limited monetary access, and the inability of manufacturers to obtain new technologies are hampering the growth of the market. The majority of producers in the industry are small-scale producers which makes it difficult for them to compete in the global market.

COVID-19 Impact on Peru Flower and Ornamental Plants Market

Due to the outbreak of COVID-19, the flower and ornamental market have witnessed a significant impact. Due to lockdowns and restrictions on travel, businesses were shut down. The export of flowers consists of a major portion of the economy of Peru, but the pandemic led to a decline in the Peru Flower and Ornamental Plants Market Growth. The sales of the flower declined due to the closedown of borders and transportation emerged as a major concern for the producers. The supply chain got disturbed and finding labors became a major challenge.

Peru Flower and Ornamental Plants Market: Key Players

DanPer Trujillo SAC, Flores Silvestres SAC, Flor de Arena, and La Huerta de San Vicente are the major players in the market. These companies are focusing on sustainable growth, and premium and quality products. DanPer is a top producer of roses and other varieties of flowers. Flores Silvestres SAC offers unique and exotic flowers. There has also been the emergence of small-scale producers, who are making their presence felt in the industry, leading to Peru Flower and Ornamental Plants Market Share.  Organic methods are also embraced by the producer to manufacture flowers of high quality.

Market by Product Type

On the basis of product type, the market is segmented into Potted Plants, Cut Flowers. The plants which are grown in containers are known as potted plants. They are used in decoration. The famous type of potted plants is roses and orchids. Cut flowers have been cut from their stems and used in bouquets.

Market by Application

According to Ravi Bhandari, Research Head, 6Wresearch on basis of application, the market is divided into Home and Commercial. Flower and ornamental plants are used for accessorizing indoor and outdoor living spaces. Flowers are widely used in Commercial spaces such as offices, hotels, and restaurants.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Peru Flower and Ornamental Plants Market Outlook
• Market Size of Peru Flower and Ornamental Plants Market, 2022
• Forecast of Peru Flower and Ornamental Plants Market, 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Revenues & Volume for the Period 2019 - 2029
• Peru Flower and Ornamental Plants Market Trend Evolution
• Peru Flower and Ornamental Plants Market Drivers and Challenges
• Peru Flower and Ornamental Plants Price Trends
• Peru Flower and Ornamental Plants Porter's Five Forces
• Peru Flower and Ornamental Plants Industry Life Cycle
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Product Type for the Period 2019 - 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Potted Plants for the Period 2019 - 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Cut Flowers for the Period 2019 - 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Application for the Period 2019 - 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Home for the Period 2019 - 2029
• Historical Data and Forecast of Peru Flower and Ornamental Plants Market Revenues & Volume By Commercial for the Period 2019 - 2029
• Peru Flower and Ornamental Plants Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Application
• Peru Flower and Ornamental Plants Top Companies Market Share
• Peru Flower and Ornamental Plants Competitive Benchmarking By Technical and Operational Parameters
• Peru Flower and Ornamental Plants Company Profiles
• Peru Flower and Ornamental Plants Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Product type

• Potted plants
• Cut flowers

By application

• Home
• Commercial