philippines cut flowers market Synopsis
The Philippines cut flowers market is valued at Php 473 million (US$ 9 million) as per estimates for 2025 and is projected to reach a value of Php 679 million (US$ 13 million) by the estimated years with an estimated compound annual growth rate (CAGR) of 8. 1%. Cut flower exports were approximately US$ 2 Million in 2025 and are expected to grow steadily over the forecast period according to reports published by the Department of Agriculture - Bureau Of Agricultural Statistics (BAS).
Drivers of the Market
The Philippines cut flowers market is driven by cultural and emotional factors, including celebrations, events, and gifting practices. Flowers hold a significant place in Filipino traditions and are used in various religious, social, and personal contexts. The growing influence of Western customs, such as the exchange of flowers on special occasions, has further boosted the demand. Urbanization and the expansion of organized retail also play a role in the market`s growth.
Challenges of the Market
The Philippines cut flowers market is vulnerable to factors such as seasonality, weather conditions, and transportation issues. The perishable nature of cut flowers requires efficient supply chain management and cold storage facilities, especially during peak demand periods like Valentine`s Day. Ensuring that flowers reach consumers in fresh and pristine condition is an ongoing challenge.
COVID-19 Impact on the Market
The Philippines cut flowers market faced a severe blow due to the COVID-19 pandemic. With events, celebrations, and public gatherings being curtailed or canceled, the demand for cut flowers plummeted. Flower farmers encountered difficulties in harvesting and distributing their products, leading to supply wastage. The market`s heavy reliance on traditional retail channels also posed challenges during lockdowns. While the market explored opportunities in online sales and direct-to-consumer models, the overall outlook remained challenging until social activities returned to normalcy.
Key Players in the Market
Dangwa Flower Market (consists of various local suppliers), Holland Tulips Philippines, and The Flower Farm.
Key Highlights of the Report:
- Philippines Cut Flowers Market Outlook
- Market Size of Philippines Cut Flowers Market, 2024
- Forecast of Philippines Cut Flowers Market, 2031
- Historical Data and Forecast of Philippines Cut Flowers Revenues & Volume for the Period 2021-2031
- Philippines Cut Flowers Market Trend Evolution
- Philippines Cut Flowers Market Drivers and Challenges
- Philippines Cut Flowers Price Trends
- Philippines Cut Flowers Porter's Five Forces
- Philippines Cut Flowers Industry Life Cycle
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Flower Type for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Rose for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Carnation for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Lilium for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Chrysanthemum & Gerbera for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Home for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Specialty Store/Florists for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Online Retail for the Period 2021-2031
- Historical Data and Forecast of Philippines Cut Flowers Market Revenues & Volume By Others for the Period 2021-2031
- Philippines Cut Flowers Import Export Trade Statistics
- Market Opportunity Assessment By Flower Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Distribution Channel
- Philippines Cut Flowers Top Companies Market Share
- Philippines Cut Flowers Competitive Benchmarking By Technical and Operational Parameters
- Philippines Cut Flowers Company Profiles
- Philippines Cut Flowers Key Strategic Recommendations