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Florists in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Florists Market Research Report | NAICS 45311 | Jan 2015

Late bloomer: Disposable income growth will spur demand, but consumers will turn to alternative operators

IBISWorld’s Florists market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
-1.2%
Annual Growth 15-20
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Profit
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Employment
80,487
Businesses
35,710
Industry Analysis & Industry Trends

The Florists industry has been withering away over the past five years. Poor economic conditions during the recession reduced disposable income, deterring households from making discretionary purchases on flowers and plants. In addition, heightened competition has exacerbated declining demand; discounted prices for comparable goods online and in supermarkets have led consumers to buy fewer flowers from traditional florists... purchase to read more

Industry Report - Industry Investment Chapter

The Florists industry requires a low capital investment because it relies primarily on human labor rather than machinery. For every dollar spent on labor, the average firm will invest about $0.08 in capital. Capital expenditure for the Florists industry includes cooling units and cash registers, which require few upgrades. As such, capital expenditures for the industry are incurred at the inception of the business and remain minimal. Capital intensity is anticipated to remain low; floral arrangements and bouquets require special skills that cannot be mechanized. Furthermore, florists often have their own personal creative style that they use to differentiate their businesses. .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Florists Industry?

This industry retails cut flowers, floral arrangements and potted plants. Industry operators purchase these goods from domestic and international flower farms and wholesalers, and then sell them to the general public. This industry excludes operators that primarily function as electronic shopping websites and mail-order companies.

Industry Products
Arranged cut flowersUnarranged cut flowersPotted plantsGiftware and other
 
Industry Activities
Retailing cut flowersRetailing floral arrangementsRetailing potted plantsRetailing complimentary gift items


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