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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 2014

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

The Florists 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 09-14
0.6%
Annual Growth 14-19
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Profit
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Employment
90,427
Businesses
36,613
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 to reach 0.2% over the 10 years to 2019, falling short of overall GDP growth of 2.7% over the same period. Products within this segment have remained relatively unchanged and the falling number of enterprises also indicate a declining industry.

Increasing external competition from supermarkets and online retailers has constrained the volume of floral purchases made through local retailers. By providing comparable goods at discounted prices, external retail industries have attracted price-sensitive customers, which were ample during the recession... 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 flowersIndoor potted plantsGiftware and other
 
Industry Activities
Retailing cut flowersRetailing floral arrangementsRetailing potted plantsRetailing complimentary gift items


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