Demand blooms: Strong export growth due to the weak pound has supported expansion

The Flower and Plant Growing industry involves the growing of non-perennial crops such as bulbs, tubers and roots; plants for mushroom spawn; alfalfa; and beet seeds. The industry also produces shrubs, trees, pot plants and flowers. In the current year, industry revenue is estimated to grow by 1.8% to reach £1.4 billion. This is slightly slower than the previous year, as levels of consumer confidence are anticipated to decrease discretionary spending. A more muted drop in the value of the pound may also slow the rate of export growth.The industry's revenue is expected to grow at a compound annual rate of 1.7% over the five years through 2018-19...read more.

Industry Statistics & Market Size
Revenue
£1.4bn
Annual Growth 14-19
1.7%
Forecast Growth 19-24
Profit
Employment
12,247
Businesses
623
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Poor weather and prevailing uncertainties have induced volatility in the industry’s revenue
  • Growing demand for local produce has led to the entry of a number of niche flower and plant growers
  • Import penetration is expected to remain strong, even if barriers to trade are erected in the future
  • Industry Report - Industry Investment Chapter

    The industry has a moderate level of capital intensity, with an estimated capital-to-labour ratio of 1:4.09. This means that for every £1.00 industry operators spend on capital, approximately £4.09 is spent on labour. The industry is reliant on manual labour as a result of the delicate nature of flower cultivation. Additionally, the bulk of harvested flowers are still cut by hand and picked by trained harvest crews. Labour is usually required to carry out weeding, land preparation, pruning, disease control and harvesting. Harvest season necessitates extra labour. Some sectors of the industry, such as flower growing, require a higher degree of manual labour due to the extra care involved in their cultivation. Tec...purchase to read more.

    Additional Insights for the Flower & Plant Growing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Flower & Plant Growing Industry are

  • Prompt delivery to market
  • Access to the latest available and most efficient technology and techniques
  • Automation - reduces costs, particularly those associated with labour
  • IBISWorld analysts also discuss how external factors such as Demand from flower and plant wholesaling and Real effective exchange rate in the Flower & Plant Growing industry impact industry performance..

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    What's in this report

    What is the Flower & Plant Growing Industry?

    This industry involves businesses that grow and propagate plants and bulbs. Industry players supply retail and wholesale businesses, landscapers, councils, and other horticulture businesses, such as fruit and vegetable growers. The industry also includes the growing of turf, flowers and foliage for cutting and displaying, and seed collection.

    Industry Products
  • Flowers and bloom
  • Pot plants
  • Hardy ornamental nursery stock
  • Industry Activities
  • Growing plants for planting and ornamental uses
  • Growing plants for bulbs, tubers and roots
  • Growing plants for cuttings and slips
  • Growing plants for mushroom spawn
  • Growing mangolds, fodder roots, clover, alfalfa, sainfoin, fodder maize and other grasses
  • Growing beet seeds (excluding sugar beet seeds) and seeds for forage plants
  • Floriculture
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from flower and plant wholesaling
  • Real effective exchange rate
  • Real household disposable income
  • Demand from supermarkets
  • Demand from garden centres and pet shops
  • Level of annual rainfall

  • Current Performance
  • Varied performance
  • Seasonal fluctuations
  • Local growth
  • Pruning prices
  • Chart: Revenue Growth

  • Industry Outlook
  • Import penetration
  • Margin driver divergence
  • Growth opportunities
  • Table: Flower & Plant Growing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Flower & Plant Growing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Flower & Plant Growing
  • Flower & Plant Wholesaling
  • Supermarkets
  • Department Stores
  • Garden Centres & Pet Shops

  • Key Selling Industries
  • Agricultural & Forestry Machinery Manufacturing
  • Agricultural Machinery & Equipment Wholesaling
  • Chemical Product Wholesaling
  • Fertiliser & Nitrogen Compound Manufacturing
  • Flower & Plant Growing
  • Pesticide & Other Agrochemical Manufacturing

  • Products & Services
  • Hardy ornamental nursery stock
  • Pot plants
  • Flowers and bloom
  • Chart: Flower & Plant Growing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Wholesalers
  • Retailers
  • Flower and plant growers
  • Chart: Major Market Segmentation for the Flower & Plant Growing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesUtilitiesRentOther
  • Chart: Cost Structure Benchmarking – Sector vs Flower & Plant Growing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Flower & Plant Growing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Flower & Plant Growing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Flower & Plant Growing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Genetically Modified
  • Plants that have had their genome modified through genetic-engineering techniques involving the transfer of genetic material from one organism to another.
  • Micropropagation
  • A propagation method that involves implanting cells in tissue culture. It can be used to produce disease-free plants.
  • Organic Produce
  • Vegetables, fruit, meat, eggs, plants and flowers that are grown without the use of artificial chemicals, pesticides, fertilisers or genetically modified organisms.
  • Phytosanitary
  • Measures for the control of plant diseases especially in agricultural crops relating to the health of plants, especially with respect to the requirements of international trade.
  • What Our Customers Say

    Why buy this report?

    The Flower & Plant Growing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Flower & Plant Growing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Flower & Plant Growing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Flower & Plant Growing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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