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Floriculture Market in Vietnam 2024-2028

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    Report

  • 134 Pages
  • March 2024
  • Region: Vietnam
  • TechNavio
  • ID: 5637119
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The floriculture market in Vietnam is forecasted to grow by USD 245.39 mn during 2023-2028, accelerating at a CAGR of 8.36% during the forecast period. The report on the floriculture market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the use of flowers and plants for decorative/aesthetic purposes, growing prominence for online flower shopping, and high profits associated with growing ornamental plants.

The floriculture market in Vietnam is segmented as below:

By Product

  • Cut flowers
  • Bedding plants
  • Potted plants
  • Others

By Application

  • Conferences and activities
  • Gifts
  • Personal and corporate use

By Type

  • Rose
  • Chrysanthemum
  • Carnation
  • Others
This study identifies the growing demand for premium flowers as one of the prime reasons driving the floriculture market in Vietnam growth during the next few years. Also, increasing focus on floral tourism and agrotourism experiences and rising use of biotechnology in floriculture will lead to sizable demand in the market.

The report on the floriculture market in Vietnam covers the following areas:

  • Floriculture market in Vietnam sizing
  • Floriculture market in Vietnam forecast
  • Floriculture market in Vietnam industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floriculture market in Vietnam vendors that include Dalat Hasfarm Co. Ltd., Dummen Orange Holding BV, Fresh Flower World Joint Stock Co., Selecta Cut Flowers SAU, and Syngenta Crop Protection AG. Also, the floriculture market in Vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Vietnam: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Floriculture market in Vietnam 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on floriculture market in Vietnam 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 27: Chart on Product - Market share 2023-2028 (%)
Exhibit 28: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 29: Chart on Comparison by Product
Exhibit 30: Data Table on Comparison by Product
6.3 Cut flowers - Market size and forecast 2023-2028
Exhibit 31: Chart on Cut flowers - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Cut flowers - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Cut flowers - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Cut flowers - Year-over-year growth 2023-2028 (%)
6.4 Bedding plants - Market size and forecast 2023-2028
Exhibit 35: Chart on Bedding plants - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Bedding plants - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Bedding plants - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Bedding plants - Year-over-year growth 2023-2028 (%)
6.5 Potted plants - Market size and forecast 2023-2028
Exhibit 39: Chart on Potted plants - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Data Table on Potted plants - Market size and forecast 2023-2028 ($ million)
Exhibit 41: Chart on Potted plants - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on Potted plants - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 43: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 45: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
Exhibit 47: Market opportunity by Product ($ million)
Exhibit 48: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 49: Chart on Application - Market share 2023-2028 (%)
Exhibit 50: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 51: Chart on Comparison by Application
Exhibit 52: Data Table on Comparison by Application
7.3 Conferences and activities - Market size and forecast 2023-2028
Exhibit 53: Chart on Conferences and activities - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Data Table on Conferences and activities - Market size and forecast 2023-2028 ($ million)
Exhibit 55: Chart on Conferences and activities - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Conferences and activities - Year-over-year growth 2023-2028 (%)
7.4 Gifts - Market size and forecast 2023-2028
Exhibit 57: Chart on Gifts - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Data Table on Gifts - Market size and forecast 2023-2028 ($ million)
Exhibit 59: Chart on Gifts - Year-over-year growth 2023-2028 (%)
Exhibit 60: Data Table on Gifts - Year-over-year growth 2023-2028 (%)
7.5 Personal and corporate use - Market size and forecast 2023-2028
Exhibit 61: Chart on Personal and corporate use - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Data Table on Personal and corporate use - Market size and forecast 2023-2028 ($ million)
Exhibit 63: Chart on Personal and corporate use - Year-over-year growth 2023-2028 (%)
Exhibit 64: Data Table on Personal and corporate use - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 65: Market opportunity by Application ($ million)
Exhibit 66: Data Table on Market opportunity by Application ($ million)
8 Market Segmentation by Type
8.1 Market segments
Exhibit 67: Chart on Type - Market share 2023-2028 (%)
Exhibit 68: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 69: Chart on Comparison by Type
Exhibit 70: Data Table on Comparison by Type
8.3 Rose - Market size and forecast 2023-2028
Exhibit 71: Chart on Rose - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Rose - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Rose - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Rose - Year-over-year growth 2023-2028 (%)
8.4 Chrysanthemum - Market size and forecast 2023-2028
Exhibit 75: Chart on Chrysanthemum - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Chrysanthemum - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Chrysanthemum - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Chrysanthemum - Year-over-year growth 2023-2028 (%)
8.5 Carnation - Market size and forecast 2023-2028
Exhibit 79: Chart on Carnation - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Carnation - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Carnation - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Carnation - Year-over-year growth 2023-2028 (%)
8.6 Others - Market size and forecast 2023-2028
Exhibit 83: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Others - Year-over-year growth 2023-2028 (%)
8.7 Market opportunity by Type
Exhibit 87: Market opportunity by Type ($ million)
Exhibit 88: Data Table on Market opportunity by Type ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 89: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 90: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 91: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 92: Overview on factors of disruption
11.4 Industry risks
Exhibit 93: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 94: Vendors covered
12.2 Market positioning of vendors
Exhibit 95: Matrix on vendor position and classification
12.3 Dalat Hasfarm Co. Ltd.
Exhibit 96: Dalat Hasfarm Co. Ltd. - Overview
Exhibit 97: Dalat Hasfarm Co. Ltd. - Product/Service
Exhibit 98: Dalat Hasfarm Co. Ltd. - Key offerings
12.4 Dummen Orange Holding BV
Exhibit 99: Dummen Orange Holding BV - Overview
Exhibit 100: Dummen Orange Holding BV - Product/Service
Exhibit 101: Dummen Orange Holding BV - Key news
Exhibit 102: Dummen Orange Holding BV - Key offerings
12.5 Fresh Flower World Joint Stock Co.
Exhibit 103: Fresh Flower World Joint Stock Co. - Overview
Exhibit 104: Fresh Flower World Joint Stock Co. - Product/Service
Exhibit 105: Fresh Flower World Joint Stock Co. - Key offerings
12.6 Selecta Cut Flowers SAU
Exhibit 106: Selecta Cut Flowers SAU - Overview
Exhibit 107: Selecta Cut Flowers SAU - Product/Service
Exhibit 108: Selecta Cut Flowers SAU - Key offerings
12.7 Syngenta Crop Protection AG
Exhibit 109: Syngenta Crop Protection AG - Overview
Exhibit 110: Syngenta Crop Protection AG - Product/Service
Exhibit 111: Syngenta Crop Protection AG - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 112: Inclusions checklist
Exhibit 113: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 114: Currency conversion rates for US$
13.4 Research methodology
Exhibit 115: Research methodology
Exhibit 116: Validation techniques employed for market sizing
Exhibit 117: Information sources
13.5 List of abbreviations
Exhibit 118: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Vendor Market Positioning
Exhibits 8: Parent market
Exhibits 9: Market Characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibits 13: Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Chart on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibits 15: Data Table on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibits 16: Historic Market Size - Data Table on floriculture market in Vietnam 2018 - 2022 ($ million)
Exhibits 17: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Cut flowers - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Cut flowers - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Cut flowers - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Cut flowers - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Bedding plants - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Bedding plants - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Bedding plants - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Bedding plants - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Potted plants - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Potted plants - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Potted plants - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Potted plants - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Product ($ million)
Exhibits 48: Data Table on Market opportunity by Product ($ million)
Exhibits 49: Chart on Application - Market share 2023-2028 (%)
Exhibits 50: Data Table on Application - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Application
Exhibits 52: Data Table on Comparison by Application
Exhibits 53: Chart on Conferences and activities - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Conferences and activities - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Conferences and activities - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Conferences and activities - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Gifts - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Gifts - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Gifts - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Gifts - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Personal and corporate use - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Personal and corporate use - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Personal and corporate use - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Personal and corporate use - Year-over-year growth 2023-2028 (%)
Exhibits 65: Market opportunity by Application ($ million)
Exhibits 66: Data Table on Market opportunity by Application ($ million)
Exhibits 67: Chart on Type - Market share 2023-2028 (%)
Exhibits 68: Data Table on Type - Market share 2023-2028 (%)
Exhibits 69: Chart on Comparison by Type
Exhibits 70: Data Table on Comparison by Type
Exhibits 71: Chart on Rose - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Data Table on Rose - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Chart on Rose - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on Rose - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on Chrysanthemum - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on Chrysanthemum - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on Chrysanthemum - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on Chrysanthemum - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Carnation - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Data Table on Carnation - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Chart on Carnation - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Carnation - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 87: Market opportunity by Type ($ million)
Exhibits 88: Data Table on Market opportunity by Type ($ million)
Exhibits 89: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 90: Impact of drivers and challenges in 2023 and 2028
Exhibits 91: Overview on Criticality of inputs and Factors of differentiation
Exhibits 92: Overview on factors of disruption
Exhibits 93: Impact of key risks on business
Exhibits 94: Vendors covered
Exhibits 95: Matrix on vendor position and classification
Exhibits 96: Dalat Hasfarm Co. Ltd. - Overview
Exhibits 97: Dalat Hasfarm Co. Ltd. - Product/Service
Exhibits 98: Dalat Hasfarm Co. Ltd. - Key offerings
Exhibits 99: Dummen Orange Holding BV - Overview
Exhibits 100: Dummen Orange Holding BV - Product/Service
Exhibits 101: Dummen Orange Holding BV - Key news
Exhibits 102: Dummen Orange Holding BV - Key offerings
Exhibits 103: Fresh Flower World Joint Stock Co. - Overview
Exhibits 104: Fresh Flower World Joint Stock Co. - Product/Service
Exhibits 105: Fresh Flower World Joint Stock Co. - Key offerings
Exhibits 106: Selecta Cut Flowers SAU - Overview
Exhibits 107: Selecta Cut Flowers SAU - Product/Service
Exhibits 108: Selecta Cut Flowers SAU - Key offerings
Exhibits 109: Syngenta Crop Protection AG - Overview
Exhibits 110: Syngenta Crop Protection AG - Product/Service
Exhibits 111: Syngenta Crop Protection AG - Key offerings
Exhibits 112: Inclusions checklist
Exhibits 113: Exclusions checklist
Exhibits 114: Currency conversion rates for US$
Exhibits 115: Research methodology
Exhibits 116: Validation techniques employed for market sizing
Exhibits 117: Information sources
Exhibits 118: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the floriculture market in Vietnam: Dalat Hasfarm Co. Ltd., Dummen Orange Holding BV, Fresh Flower World Joint Stock Co., Selecta Cut Flowers SAU, and Syngenta Crop Protection AG.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for premium flowers.'

According to the report, one of the major drivers for this market is the use of flowers and plants for decorative/aesthetic purposes.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Dalat Hasfarm Co. Ltd.
  • Dummen Orange Holding BV
  • Fresh Flower World Joint Stock Co.
  • Selecta Cut Flowers SAU
  • Syngenta Crop Protection AG