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Peony is a flowering plant in the genus Paeonia, the only genus in the family Paeoniaceae. Peony varieties with huge, double flowers will be the focal point of the garden when they bloom in early summer. Single-flowered types are more subtle and combine well with other perennials. Flower colors include pink, red, white, and yellow, and the plants grow 18 inches to 3 feet tall, depending on the variety. Peonies make an attractive low hedge. However, they can take up to 3 years to mature, and don't perform well in hot summer climates.
Market Analysis and Insights: Global Peony Market
Due to the COVID-19 pandemic, the global Peony market size is estimated to be worth US$ 508 million in 2021 and is forecast to a readjusted size of US$ 508 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Peony global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Peony key players include Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Arcieri's Peonies, Shaoyaomiao, etc.
Netherlands is the largest market, with a share over 15%, followed by US and China, both have a share over 25%.
In terms of product, Paeonia Lactiflora is the largest segment, with a share over 80%. And in terms of application, the largest application is Domestic, followed by Business, etc.
Global Peony Scope and Market Size
The global Peony market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Peony market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Paeonia Suffruticosa
Paeonia Lactiflora
Segment by Application
Domestic
Business
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Arcieri's Peonies
Kennicott
Adelman Peony Gardens
Castle Hayne Farms
Alaska Perfect Peony
Third Branch Flower
Pivoines Capano
Warmerdam Paeonia
3 Glaciers Farm
Echo Lake Farm
Meadowburn Farm
Spring Hill Peony Farm
Joslyn Peonies
Maple Ridge Peony Farm
Chilly Root Peony Farm
Simmons Paeonies
English Peonies
Heze Peony Lotus Horticulture
Zi Peony
Shenzhou Peony
Shaoyaomiao
APEONY
GuoSeTianXiang
Yongming Flowers
Zhongchuan Peony
Market Analysis and Insights: Global Peony Market
Due to the COVID-19 pandemic, the global Peony market size is estimated to be worth US$ 508 million in 2021 and is forecast to a readjusted size of US$ 508 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Peony global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Peony key players include Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Arcieri's Peonies, Shaoyaomiao, etc.
Netherlands is the largest market, with a share over 15%, followed by US and China, both have a share over 25%.
In terms of product, Paeonia Lactiflora is the largest segment, with a share over 80%. And in terms of application, the largest application is Domestic, followed by Business, etc.
Global Peony Scope and Market Size
The global Peony market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Peony market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Paeonia Suffruticosa
Paeonia Lactiflora
Segment by Application
Domestic
Business
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Arcieri's Peonies
Kennicott
Adelman Peony Gardens
Castle Hayne Farms
Alaska Perfect Peony
Third Branch Flower
Pivoines Capano
Warmerdam Paeonia
3 Glaciers Farm
Echo Lake Farm
Meadowburn Farm
Spring Hill Peony Farm
Joslyn Peonies
Maple Ridge Peony Farm
Chilly Root Peony Farm
Simmons Paeonies
English Peonies
Heze Peony Lotus Horticulture
Zi Peony
Shenzhou Peony
Shaoyaomiao
APEONY
GuoSeTianXiang
Yongming Flowers
Zhongchuan Peony
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
