Product Code: ETC382469 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippine floriculture market is estimated to be worth around 4. 5 billion pesos, with an annual growth rate of 11%. The top five provinces in terms of sales volume for flowers are Cavite, Laguna, Bulacan, Pampanga and Metro Manila. In 2018, the total number of registered flower nurseries was 2,637 while 1,561 were located in rural areas.
The Philippines greenhouse nursery and flowers market is driven by increasing consumer demand for ornamental plants and flowers for decoration and gifting purposes. The trend towards urbanization and smaller living spaces has boosted the popularity of indoor plants, driving the demand for greenhouse-grown plants that are suitable for such environments. Additionally, the country`s growing tourism and events industry contribute to the demand for flowers. The controlled environment provided by greenhouses allows for year-round production and protection against adverse weather conditions, further boosting the market.
The Philippines greenhouse nursery and flowers market could face challenges related to market demand fluctuations, as well as the need to provide appropriate care and management to different flower and plant varieties within greenhouse settings.
The Philippines Greenhouse Nursery and Flowers Market experienced a mixed impact from the COVID-19 pandemic. While there was a decline in demand for flowers and ornamental plants due to the cancellation of events, weddings, and other celebrations, the market showed resilience through increased online sales and a growing domestic interest in gardening. Nurseries that adapted to online platforms and offered delivery services managed to mitigate some losses. The pandemic prompted a shift in consumer preferences towards home beautification and outdoor spaces, driving interest in flowers and plants. The market is expected to recover as social gatherings resume, but the lessons from the pandemic may continue to influence consumer behavior.
King Louis Flowers, Dangwa Flower Shop, Quezon City Flower Market.