Thailand Floriculture Market | Revenue, Industry, Forecast, Size, Share, Analysis, COVID-19 IMPACT, Growth, Trends, Companies & Value

Thailand Floriculture Market Synopsis

The floriculture market in Thailand was valued at around THB 19 billion in 2020, up from nearly THB 18 billion a year earlier. Exports have been on the rise since 2017 due to increasing demand from key markets such as Japan and Singapore. Cut flowers accounted for more than half of Thai floricultural exports last year, while foliage plants made up another 30%. The Netherlands has been one of the top destinations for Thai flower exports over recent years with total shipments worth close to US$226 million annually.

Drivers of the Market

The Thailand floriculture market benefits from the country`s diverse climate and fertile land, making it conducive to the cultivation of various flowers and ornamental plants. The market is driven by domestic and international demand for decorative plants, landscaping, and special occasions.

Challenges of the Market

The floriculture market in Thailand faces challenges related to climate sensitivity and market demands. Ensuring optimal growing conditions for various flower varieties can be demanding, and market trends may shift preferences, necessitating adaptability in production.

Trends & Oppourtunites of the Market

The aesthetics-driven market for flowers and ornamental plants is burgeoning. Entrepreneurs can cultivate and supply a diverse range of flora to meet the demand for decorative purposes, events, and landscaping.

COVID-19 Impact on the Market

In the Thailand Floriculture Market, the pandemic disrupted the traditional demand patterns for flowers. With the closure of events, weddings, and reduced tourism, the demand for ornamental flowers diminished significantly. Moreover, international flower trade faced challenges due to export limitations and logistic disruptions. The floriculture industry had to adapt to these abrupt changes by diversifying sales channels, focusing on domestic markets, and exploring innovative ways to cater to altered consumer preferences.

Key Players in the Market

The Thailand floriculture market features players like Pattaya Orchid Farm and Saraburi Flower Industry Co., Ltd., contributing to the cultivation and trade of ornamental plants and flowers.

Key Highlights of the Report:

• Thailand Floriculture Market Outlook
• Market Size of Thailand Floriculture Market, 2023
• Forecast of Thailand Floriculture Market, 2030
• Historical Data and Forecast of Thailand Floriculture Revenues & Volume for the Period 2020-2030
• Thailand Floriculture Market Trend Evolution
• Thailand Floriculture Market Drivers and Challenges
• Thailand Floriculture Price Trends
• Thailand Floriculture Porter's Five Forces
• Thailand Floriculture Industry Life Cycle
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Flower Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Cut Flowers for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Loose Flowers for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Sector for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Retail for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Institutional for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Unorganised Retail for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Florists for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Online for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Aesthetic and Decorative Purposes for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Flavours and Fragrances for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Natural Colours for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Medicines for the Period 2020-2030
• Historical Data and Forecast of Thailand Floriculture Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Floriculture Import Export Trade Statistics
• Market Opportunity Assessment By Flower Type
• Market Opportunity Assessment By Sector
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Application
• Thailand Floriculture Top Companies Market Share
• Thailand Floriculture Competitive Benchmarking By Technical and Operational Parameters
• Thailand Floriculture Company Profiles
• Thailand Floriculture Key Strategic Recommendations