| Product Code: ETC408965 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
United Kingdom (UK) Carnation market currently, in 2023, has witnessed an HHI of 2438, Which has decreased slightly as compared to the HHI of 2535 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The carnation market in the United Kingdom is influenced by cultural preferences, seasonal demand, and the popularity of carnations as ornamental flowers. Carnations are widely used in floral arrangements, events, and celebrations due to their vibrant colors and long-lasting nature. The market benefits from the country`s robust horticultural industry and advancements in cultivation techniques. Import and export activities also play a significant role, with carnations being sourced from various countries to meet domestic demand. Additionally, the growing trend of online flower delivery services is boosting market growth by providing consumers with convenient access to a wide variety of carnations.
The UK carnation market is driven by diverse factors, including the ornamental value of carnations in floral arrangements and bouquets. Carnations are popular for their wide range of colors and long-lasting freshness, making them a preferred choice for both personal and commercial uses. Additionally, advancements in cultivation techniques and breeding programs have led to the development of new varieties with enhanced attributes, further expanding market opportunities. Moreover, increasing consumer spending on floral products and the growing trend of gifting flowers for various occasions sustain demand within the UK carnation market.
The UK carnation market faces challenges related to shifting consumer preferences and competitive pressures from imported flowers. Domestic growers must contend with seasonal production cycles and weather-related risks, impacting supply consistency and pricing dynamics. Moreover, changing retail trends towards online sales and direct-to-consumer models necessitate innovative marketing strategies and logistical efficiencies. Regulatory compliance and phytosanitary standards also influence market entry and export potential, posing additional hurdles for industry stakeholders.
The UK government`s agricultural policies and import regulations affect the carnation market. Support for local floriculture through grants and subsidies encourages domestic production of carnations. Import policies, including tariffs and phytosanitary regulations, impact the availability and pricing of imported carnations. Additionally, initiatives promoting sustainability in agriculture influence market practices and consumer preferences.