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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 SWOT Analysis Chapter

The Florists industry has entered the declining stage of its life cycle. Florists' industry value added, a measure of an industry's contribution to the US economy, is expected remain a stagnant 0.0% over the 10 years to 2020. Comparatively, overall GDP is anticipated to grow 2.5% over the same period. GPD growth that outpaces IVA is highly indicative of a declining industry, reflecting its falling contribution to the overall economy. Products within this segment have remained relatively unchanged and the falling number of enterprises also indicate this industry is declining.

Increasing external competition from supermarkets and online retailers has constrained the volume of floral purchases made through local retailers... 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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