Global Floral Gifting Market Size By Product (Personal Gifting, Corporate), By Application (Online, Offline), By Geographic Scope And Forecast

Floral Gifting Market Size And Forecast

Floral Gifting Market size was valued at USD 50.10 Billion in 2021 and is projected to reach USD 76.22 Billion by 2030, growing at a CAGR of 6.1% from 2022 to 2030.

Currently, florist gifting industries are switching to the online sales channel for their distribution. As it helps in delivering door service and provides several discounts. Most of the key industries are switching to the online channel either by their own website or are partnering with third-party providers. The Global Floral Gifting Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Floral Gifting Market Definition

Floral gifting is a gift with flowers that is to give on several occasions, such as birthdays, Valentine’s Day, Mother’s Day, Christmas, and others. It generally includes single flowers, mono-bunches, mixed bouquets, customized flower arrangements, and more. Floral gifting is considered to be an effective way of portraying and communicating various emotions related to affection, appreciation, sympathy, or apologies. The growth of the floral gifting market can be primarily attributed to the increasing consumer inclination towards customized gifting options based on a particular occasion.

Global Floral Gifting Market Overview

E-commerce is booming, and more and more people are using flower-gifting apps on their phones, which is really helping the floral gifting market grow. Lots of old-school flower shops in North America are even moving away from their brick-and-mortar stores and setting up shop online to reach more customers. It's all about convenience these days! Online floral services are becoming super popular because they offer easy checkouts, cool previews of flower arrangements using VR or 3D, custom designs, free gift cards, mobile coupons, subscriptions, and all sorts of other perks. Plus, to cut down on waste and handle those ups and downs in demand, floral gifting companies are increasingly using on-demand production methods. Learn more about floral trends and stay ahead of the curve!

Plus, in North America, everyone's trying to make more money by vertically farming flowers in smaller spaces, which is really helping the market grow. And get this – instead of those fancy, complicated bouquets, people are loving the farm-to-table thing, where they get flowers straight from local farms as gifts. It's a big trend! Soon, those cool infused-water capsules that keep bouquets fresh longer will become super popular, too, which will definitely boost the North American floral gifting market.

IMARC Group thinks the North American floral gifting market will keep growing at a pretty good pace for the next five years.

Global Floral Gifting MarketSegmentation Analysis

The Global Floral Gifting Market is segmented on the basis of Product, Application, and Geography.

Floral Gifting Market, By Product

• Personal Gifting• Corporate• Others

The market is segmented into Personal Gifting, Corporate, and Others based on product. During the forecast period, personal gifts are a tradition for many special occasions, such as giving chocolates to someone on Valentine’s Day. However, marketers of floral gifts have opportunities to reach new consumers and to promote their products for everyday occasions as well as holidays.

Floral Gifting Market, By Application

• Offline• Online

The market is segmented into online, and offline based on Application. Owing to the rising demand, the Vertical Farming segment accounted for the highest share of the Floral Gifting market. Online channel growing can be due to the high demand for several consumers.

Floral Gifting Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the market is classified into North America, Europe, Asia Pacific, and Rest of the world. In North America, the growth of the floral gifting market can be primarily attributed to the rising consumer inclination towards customized gifting options based on a particular occasion.

Key Players

The “Global Floral Gifting Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are FTD Companies, Flowerbud, 1-800-Flowers, From You Flowers, Avas Flowers, Teleflora, Farmgirl Flowers, BloomNation, Flora2000, Blooms Today, UrbanStems, H Bloom, Gotham Florist, Flowerpetal, Venus Et Fleur, KaBloom, The Bouqs, and Just Flowers. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In March 2021, 1-800-FLOWERS.COM, Inc. announced a new birthday gift guide for birthday gifting by providing customers with thoughtful ways to make the birthday special for their loved ones. This guide provides unique offerings and trending products from the company’s family of brands that includes bountiful gift baskets, special floral bouquets, gourmet treats, and customized décor.

• In April 2020, FTD, LLC, announced to offer an exclusive collection for Mother’s Day that features some of FTD’s most-loved bouquets along with Homesick’s Thank You, Mom candle.

Report Scope

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We'll take a close look at the market, breaking it down by both financial and other important factors. You'll get market value data (in USD Billion) for every segment and sub-segment. We'll pinpoint the region and segment poised for explosive growth and market leadership. Expect a regional analysis spotlighting product/service consumption and the key drivers in each area. The competitive landscape will be mapped out, showing major players' market ranking, their latest product launches, partnerships, expansions, and acquisitions over the last five years. We'll provide detailed company profiles, with overviews, insights, product comparisons, and SWOT analysis for key players. Get a clear picture of the industry's present and future, considering recent developments like growth opportunities, drivers, challenges, and restraints in both established and emerging regions. Our Porter's five forces analysis delivers a deep dive into the market from multiple angles, offering valuable insights through the Value Chain. Finally, we'll explore the market's dynamic scenario, uncovering future growth opportunities, and you'll even get 6 months of analyst support after your purchase.

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