Saudi Arabia Flower and Ornamental Plants Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Flower and Ornamental Plants Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Saudi Arabia Flower and Ornamental Plants Market, including market size and trends, product mix, distribution channels, and supplier analysis. Ornamental plants are cultivated flora that are primarily grown for their aesthetic value, and can be found in gardens, landscape design initiatives, as indoor houseplants, for producing cut flowers, and as showcase specimens. Floriculture, the specialized cultivation of these plants, is an important subsector within the discipline of horticulture. There is a category under the realm of floriculture that comprises cut flowers and decorative plants.
- In September 2022, Plant World, a Dutch firm that specializes in the production of blooming and decorative plants, acquired Hoefnagels for an unknown sum. Plant World has been able to increase its selection of garden Hydrangeas, tropical foliage plants, and ornamental horticulture as a result of this calculated decision. Additionally, it increases the business's visibility in the worldwide houseplant market. Another Dutch company, Hoefnagels, focuses in decorative and tropical horticulture.
Market Opportunities and Challenges
Saudi Arabia Flower and Ornamental Plants market offers both large market possibilities and significant market challenges. Several important drivers affect the market for flowers and decorative plants in Saudi Arabia. Firstly, as the nation's urbanization and wealth have increased, so has the desire for decorative plants and flowers among people trying to spruce up their homes and public spaces. The government's programs to encourage landscaping and greenery as a component of urban development projects have also fueled the market's growth. The growing appeal of social gatherings and weddings, which usually include floral décor, has also fueled the industry's expansion.
However, the market faces a number of challenges. The harsh environment of Saudi Arabia, which is characterized by sweltering temperatures and arid conditions, is a major obstacle because it can be adverse for many species of ornamental plants. This calls for very sophisticated and resource-intensive production methods, such controlled environment agriculture. The requirement for water conservation in an area with scarce water supplies is another difficulty. This increases the cost of maintaining lovely gardens and may discourage buyers.
Market Competitive Landscape
Several domestic and foreign companies compete in Saudi Arabia's floral and decorative plant sector, with an emphasis on sustainability, quality, and variety. For firms in this sector, addressing issues with the local climate, conserving water, and satisfying consumer aesthetic tastes are crucial. Some of the market key players include Alkifah Holding Group, Saudi Greenhouse Company, Saudi Co. for Green Buildings, Al-Dawood Royal Gardens, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application
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| Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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| Companies Covered | Alkifah Holding Group, Saudi Greenhouse Company, Saudi Co. for Green Buildings, Al-Dawood Royal Gardens, Others
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COVID-19 Impact on Saudi Arabia Flower and Ornamental Plants Market
The COVID-19 outbreak originally caused supply chain disruptions and decreased demand for several products in Saudi Arabia's market for flowers and ornamental plants. However, it also brought about changes in consumer behavior, including a rise in interest in internet shopping and home gardening. The sector has had to adjust to these changes and work through the ongoing difficulties brought on by the epidemic, such as resolving health and safety issues while supplying the rising demand for greenery and ornamental plants.
Key Target Audience
- Residential Consumers
- Event Planners and Wedding Organizers
- Hotels and Hospitality Industry
- Commercial and Corporate Clients
- Landscaping and Gardening Services
- Retailers
- Government and Municipalities
- Interior Designers
Our in-depth analysis of the Saudi Arabia Flower and Ornamental Plants Market includes the following segments:
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By Product Type:
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Potted Plants
Cut Flowers
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By Application:
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Home
Commercial
Others
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Key Topics Covered in the Report
- Saudi Arabia Flower and Ornamental Plants Market Size (FY’2023-FY’2033)
- Overview of Saudi Arabia Flower and Ornamental Plants Market
- Segmentation of Saudi Arabia Flower and Ornamental Plants Market By Product Type (Potted Plants)
- Segmentation of Saudi Arabia Flower and Ornamental Plants Market By Application (Home, Commercial, Others)
- Statistical Snap of Saudi Arabia Flower and Ornamental Plants Market
- Expansion Analysis of Saudi Arabia Flower and Ornamental Plants Market
- Problems and Obstacles in Saudi Arabia Flower and Ornamental Plants Market
- Competitive Landscape in the Saudi Arabia Flower and Ornamental Plants Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Flower and Ornamental Plants Market
- Details on Current Investment in Saudi Arabia Flower and Ornamental Plants Market
- Competitive Analysis of Saudi Arabia Flower and Ornamental Plants Market
- Prominent Players in the Saudi Arabia Flower and Ornamental Plants Market
- SWOT Analysis of Saudi Arabia Flower and Ornamental Plants Market
- Saudi Arabia Flower and Ornamental Plants Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Flower And Ornamental Plants Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Flower And Ornamental Plants Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Flower And Ornamental Plants Market
7. Saudi Arabia Flower And Ornamental Plants Market, By Product Type (USD Million)
7.1. Saudi Arabia Flower And Ornamental Plants Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Potted Plants
7.3. Cut Flowers
8. Saudi Arabia Flower And Ornamental Plants Market , By Application (USD Million)
8.1. Saudi Arabia Flower And Ornamental Plants Market Value Share and Forecast, By Application, 2023-2033
8.2. Home
8.3. Commercial
8.4. Others
9. Saudi Arabia Flower And Ornamental Plants Market Forecast, 2019-2033 (USD Million)
9.1. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share
10. Saudi Arabia Flower And Ornamental Plants Market, By Product Type, 2019-2033 (USD Million)
10.1. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Product Type (2019-2026)
10.2. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Product Type (2027-2033)
11. Saudi Arabia Flower And Ornamental Plants Market, By Application, 2019-2033 (USD Million)
11.1. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Application (2019-2026)
11.2. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Application (2027-2033)
12. Saudi Arabia Flower And Ornamental Plants Market, By Region, 2019-2033 (USD Million)
12.1. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Region (2019-2026)
12.2. Saudi Arabia Flower And Ornamental Plants Market Size and Market Share By Region (2027-2033)
12.3. Eastern Region
12.4. Southern Region
12.5. Western Region
12.6. Norther Region
13. Company Profile
13.1. AlKifah Holding Group
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Saudi Greenhouses Company
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Saudi Co. for Green Buildings
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Al-Dawood Royal Gardens
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
