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.
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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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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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