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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

Operators in the Florists industry retail cut flowers, floral arrangements, potted plants and other related merchandise. Supermarkets and e-commerce websites, which are not included in this industry, have eroded sales and placed increasing price pressures on florists in the five years to 2015. Several operators have been forced to exit the industry, and layoffs have grown increasingly prominent amid increasing competition. While some operators have posted gains in line with economic recovery, only 25.0% of florists showed sales growth in 2012 and a mere 12.0% had sales higher than prior to the recession, according to a survey by the Society of American Florists (latest data available)... 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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