Floriculture Market in Malaysia to Grow by USD 220.97 mn | Technavio

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NEW YORK, Feb. 19, 2022 /PRNewswire/ — The floriculture market in Malaysia is expected to grow by USD 220.97 mn from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 3.15% during the forecast period, according to Technavio. The report offers an up-to-date analysis as well as exact growth variance and the Y-O-Y growth rate. 

Attractive Opportunities in Floriculture Market in Malaysia by Type and Sales Type - Forecast and Analysis 2022-2026

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Floriculture Market in Malaysia 2022-2026: Scope

The floriculture market in Malaysia report covers the following areas:

  • Floriculture Market in Malaysia size
  • Floriculture Market in Malaysia trends
  • Floriculture Market in Malaysia industry analysis

Floriculture Market in Malaysia 2022-2026: Drivers and Challenges

One of the key drivers supporting the floriculture market growth in Malaysia is the use of flowers and plants for decorative/aesthetic purposes. The growing domestic and housing property market in Malaysia has led to high demand from the landscaping industry. Factors such as the rising disposable income of households are encouraging individuals to spend more on their gardens. Meanwhile, the availability of several varieties of flowering plants, and the awareness regarding environmental sustainability will continue to play a key role in market growth during the forecast period.

The floriculture market growth in Malaysia is hindered by the over-dependence on climatic conditions. The floriculture industry is highly dependent on the prevailing climatic conditions. The adverse impact of global climate change can also be seen in Malaysia. The country has seen below-average rainfall over the past several years. In addition, the limited supply of freshwater and drought-like conditions threaten flower production in the country and, in turn, the supply chain in the industry. Moreover, rising temperature as a result of global warming is adversely affecting flower pollination.

Floriculture Market in Malaysia 2022-2026: Segmentation

  • Type
    • Chrysanthemum
    • Rose
    • Carnation
    • Others
  • Sales type
    • Domestic
    • Exports

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Floriculture Market in Malaysia 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Floriculture Market in Malaysia, including Black Tulip Group, Dummen Orange, Floristika.com.my Sdn Bhd, I-Tech Farming Solution (M) Sdn Bhd, Paling Horticulture Sdn Bhd, Splendid Floriculture Sdn Bhd, Syngenta AG, Waltex Biotec Sdn. Bhd., Weeds and More Pte Ltd., and Yayasan Sabah Group, among others. The key offerings of some of these vendors are listed below:

  • Black Tulip Group – The company offers floriculture products such as roses, chrysanthemums, and carnations.
  • Dummen Orange – The company offers floriculture products such as limonium, carnation, and anthurium.
  • Floristika.com.my Sdn Bhd – The company offers floriculture products such as alstromeria, anthurium, and aster.

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Floriculture Market in Malaysia 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist floriculture market growth in Malaysia during the next five years
  • Estimation of the floriculture market size in Malaysia and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the floriculture market in Malaysia
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of floriculture market vendors in Malaysia

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Flower and Ornamental Plants Market by Product, End-user, Distribution Channel, and Geography – Forecast and Analysis 2020-2024

Floriculture Market In Malaysia Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 3.15%

Market growth 2022-2026

USD 220.97 million

Market structure

Concentrated

YoY growth (%)

3.35

Regional analysis

Malaysia

Performing market contribution

Malaysia at 100%

Key consumer countries

Malaysia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Black Tulip Group, Dummen Orange, Floristika.com.my Sdn Bhd, I-Tech Farming Solution (M) Sdn Bhd, Paling Horticulture Sdn Bhd, Splendid Floriculture Sdn Bhd, Syngenta AG, Waltex Biotec Sdn. Bhd., Weeds and More Pte Ltd., and Yayasan Sabah Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Chrysanthemum – Market size and forecast 2021-2026
  • Rose – Market size and forecast 2021-2026
  • Carnation – Market size and forecast 2021-2026
  • Others – Market size and forecast 2021-2026
  • Market opportunity by Type

Market Segmentation by Sales type

  • Market segments
  • Comparison by Sales type
  • Domestic – Market size and forecast 2021-2026
  • Exports – Market size and forecast 2021-2026
  • Market opportunity by Sales type

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Black Tulip Group
  • Dummen Orange
  • Floristika.com.my Sdn Bhd
  • I-Tech Farming Solution (M) Sdn Bhd
  • Paling Horticulture Sdn Bhd
  • Splendid Floriculture Sdn Bhd
  • Syngenta AG
  • Waltex Biotec Sdn. Bhd.
  • Weeds and More Pte Ltd.
  • Yayasan Sabah Group

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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