Waste disposal issues result from waste produced by these plants' decomposition. Therefore, it is anticipated that during the projected period, difficulties in keeping the freshness of flowers and water, as well as issues with waste disposal, will restrain market expansion. The Floriculture Market was valued at US$ 43.23 billion in 2018, and it is anticipated that it would grow at a CAGR of 5.7% in terms of revenue over the forecast period (2019–2027), to reach US$ 70.85 billion by 2027.
In 2018, Europe had the greatest revenue share (40.3%) in the worldwide Floriculture Market, and it is anticipated that it would maintain its leadership during the forecast period. According to Eurostat, the Netherlands had the largest amount of land covered with flowers, ornamental plants, and nursery plants in 2015, at about 45.8 thousand hectares. This number climbed to 50.4 thousand hectares in 2016. This demonstrates that during the predicted period, there will be an increase in demand for flowers and potted plants in Europe.
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