Feb. 15 – China Ornamental Plants consumption is growing. According to a related study, over the next five years the flower and ornamental plants market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 57400 million by 2024. China floral retail value to hit 100 billion RMB by 2020.China has become the largest consumption country of flowers and ornamental plants in the world.
China Ornamental Plants Market
With rising trends of Chinese consumers taking up a more cultured lifestyle, their spending habits are moving beyond necessity consumer products. According to a related report, as Chinese economy continuing growth, the demand of high quality living standard is raising in China that also stimulates the consumption of flowers and ornamental plants for home decor and gardens. The average income and expenditure of the people have been increasing during the past decade, especially in the coastal cities in China. The consumption trend of horticultural plant and flower in China has reached not only the dynamic traditionally coastal cities to 2nd & 3rd tier cities, but also get into the remote local counties, districts, villages and towns like Yuna Dali areas. Parallel to this trend is more creative and diverse plant products have growth popular with clients. As indicated by a related report that with this trend of market consumption, some Chinese horticulture growers have started to focus on innovating and differentiating ornamental plant and flower products. Today, Chinese consumers are taking on a more sophisticated new lifestyle trends in greater numbers, mirrored in their spending on Ornamental Plants & Flowers. Growers in the house plants and gardens flowers horticultural industry should also be vigilant for new niche segments.
China Floral Retail Value is Projected to Hit RMB 100 Billion by 2020
China ornament plants and flowers market remains a great potential for traders, producers, growers, imports/ exports businesses, China floral retail value is projected to hit RMB 100 billion by 2020, according to China market insiders. Today, the imported fresh plants and flowers market in China looks ever brighter than decade before, and exceed its notable growth rates of the past years. For ornamental plants and flowers, with a population of nearly 1.4 billion, market opportunities in China is enormous, there are also many unexploited potentials in local China regions, mainly in the 2nd and 3rd Tier cities, in those local regions driven by rising disposable income, especially among an ever-expanding middle class are increasing appetite for foreign imported plants and flowers. Today, China is expected to import more than $30 trillion worth of goods and $10 trillion worth of services over the next 15 years, which accelerated China foreign trade with consumer goods in all aspects, including environmental friendly green plants and colorful flowers for home and public species decorations that’s an important part of consumption which is promoting healthy living environments. With the grander picture, China market is a stable source for global economic growth, comes to the seemingly minor sector of ornamental plants and flowers businesses, it can’t be overshadow by the bigger picture, seizing the chances from China market further opening up, import to China the green plants and flowers you are growing or producing, be a part of flora trading with China which projected to hit retail value 100 billion RMB by 2020.
China Ornamental Plants Industry Today
China’s ornamental plant and flower sectors make for billions market. Parallel to this growth is China’s rapidly expanding horticultural industry, which is projected to hit RMB 200 billion (US$29.56 billion) by 2020, according to China related market insider. The progress of Chinese horticultural industry stimulating the consumption of green plants, flowers and other interior home and public spaces decoration in China, ornamental plants and flowers has never been so attractive and profitable in today’s China’s horticulture industry. At the present time, China’s mass consumption of horticultural products is strongly rising, there appears more and more personalized consumption of ornamental plants and flowers in China. Today, China’s horticulture industry has greatly promoted the flower retail industry with more and more Chinese consumers got the chances to appreciate and enjoy the pleasure and scenery that green plants and colorful flowers bringing to their homes and public spaces. Further flourishing of China horticultural industry is combined with local plants retailer shops open up plant & flower training courses, skill customers to see flower management is a state of art, and to take the angle of art to manage the ornamental plants and flowers, in turn, these training courses (such as: floral arts, potted plant combinations, succulents’ combination and pressed flower crafts) have stimulated the progress of China’s ornamental plants industry. According to statistics, China has an average annual planting area growth rate of 1.05%, an average annual sales growth rate of 21% and an annual average exports growth rate of 28%.
China’s Foreign Trade in Ornamental Plants & Flowers
Parallel to other China’s consumer goods trade, today, China’s foreign trade in ornamental plants & flowers is a billion dollars business, it is still growing, and China has become the largest potential market of horticultural products. Nowadays, institutional consumption (larger buyers such as hotels, hospitals, shopping centers etc.) maintains the largest market share (85%) in the current flowers and ornamental plants in China, in addition, local Chinese landscape firms are the major retailers in the institutional ornamental plants market, there has been a massive demand for great quality and watering automatically ornamental plant In China local retail market, water-grown (hydroponic) plant is already popular in China market. Demand for higher quality plants and flowers are also on the rise in line with living standards. The number of industry wholesalers has been growing at an annualized rate of 3.2% to 4,049 in 2018. ACMR-IBISWorld forecasts that the plants and flowers imports and Wholesalers industry in China will continue growing steadily in the next five years (2019-2023).
Chinese Importers for Ornamental Plants and Flowers
China is the world’s level market, among other, in the category of consumer goods, ornamental plants and flowers imports to China is also growing, and it’s not surprising bigger business, China floral retail value 100 billion RMB by 2020 means that the China flora market offers plenty opportunities for producers, traders, growers and imports and exports companies around the global. The rise in demand as well as higher demand for quality and differentiated flowers is helping to push up imports. For international Ornamental Plants growers or producers, Ornamental Plants imports/exports companies attempt to seize the market opportunities in China, DCCC provides you with the right contact you search for right away. The List of Chinese Importers/Distributors for Ornamental Plants in China is available. Please contact DCCC– the organization assists foreign companies to connect with reliable Chinese importers, distributors for Consumers Goods, Food-Beverages. Email: email@example.com