Industry Analysis & Industry Trends
The United Kingdom is one of the largest markets for flowers and plants in Europe. Flowers such as roses, daffodils, tulips, chrysanthemums and lilies are popular at events such as weddings and funerals, as well as on occasions like Valentine's Day. Most flowers and plants are imported, with the Netherlands accounting for the vast majority of industry imports. The level of import competition has created a challenging operating climate for industry participants, and this has constrained the industry's performance over the past five years.
An increase in demand for locally sourced flowers and plants, driven by the wider economic recovery, has supported overall industry growth over the past five-year period... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the mature phase of its life cycle. Industry value added is estimated to grow at a compound annual rate of 1.7% over the 10 years through 2021-22. Over the same period, the UK GDP is expected to grow at a compound annual rate of 2.3%.
The industry has benefited from a number of positive trends during the past five years, notably rising demand for locally produced flowers and plants. However, the industry also faces stiff competition from cheaper, more efficient imports, as well as supply chain pressure from dominant supermarket chains. This has limited market price growth, acting as a barrier to entry for prospective small-scale market entrants. As .. purchase to read more