Asia Pacific industry is predicted to hold largest revenue share by 2037, impelled by higher utilization of flowers in decoration and to make offerings to gods and goddesses and the rising cultivation of flowers.The growth of the market in the region can be accounted to the higher utilization of flowers in decoration and to make offerings to the gods and goddesses and the rising cultivation of flowers. For instance, the decoration segment in the Asia Pacific was estimated to generate total revenue of nearly USD 10 billion in 2022. Hence, such factors are estimated to hike the market growth in the region during the forecast period.
Author Credits: Abhishek Anil
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