Malaysia Floriculture Market - Growth, Trends, and Forecast (2019 - 2024)

SKU ID : INH- 13486906

Publishing Date : 01-Feb-2019

No. of pages : 85

PRICE
3250
7850

  • Market Overview

    The Malaysian floriculture market was valued at USD 87.1 million in 2018 and is expected to register a CAGR of 3.1% during the forecast period (2019-2024). Among the temperate flowers, Chrysanthemum accounted for the major share of 44.8%, followed by Rosa with 25.8%, in 2018.

    China, India, the Netherlands, and Indonesia are the major countries exporting cut flowers to Malaysia, while, Japan, Thailand, Singapore, and Australia are the major countries importing cut flowers from Malaysia. Growers in the country play an important role in the distribution of flowers to retailers in the local market and in the foreign market.

    Scope of the Report

    Floriculture is a type of horticulture practice, which focuses on the cultivation of flowering and ornamental plants for gardens, as well as for commercial use. The report presents an in-depth analysis of the market size and trade analysis of different types of flowers popular in the Malaysia floriculture market, and a detailed analysis of flower farming and flower farms in Malaysia.

    Key Market Trends

    The Fastest-growing Segment by Flower Type – Temperate Flowers

    Due to its climate and topography condition, Malaysia mainly focuses on two main groups of floral products, temperate flowers (particularly chrysanthemums) grown in the highlands of the country and exotic flowers, such as orchids, thriving in the hot, humid lowlands. The most important temperate flower types are rose (25.8%), chrysanths (44.7%), and carnation (12.1%). These three flower types contributed 82.7% of total temperate cut flower production. These temperate flowers are cultivated in highland cultivation area under simple plastic shelters. In Malaysia, temperate cut flowers are primarily produced in the Cameron Highlands, Gua Musang, and Ranau regions. For instance, highlands, such as the Cameron Highlands, are the major growing areas of temperate flowers.

    Growing Export Potential for Floral Products

    Malaysia is one of the major exporters of cut flowers, worldwide. The export value of fresh cut flowers reaches more than USD 100.0 million per year. Simple climate flowers, such as roses, carnations, and lilies, leaves cuttings, and decorative plants are also exported by the country. Most floriculture products in Malaysia are produced to meet export market needs. The main export markets of floriculture are Japan, followed by Thailand, Singapore, Australia, and China. The main export destinations for fresh orchids are Singapore, Australia, Japan, and Saudi Arabia. The largest variety of exported orchids comprises Dendrobium, Aranda, and Mokara. The largest variety of highland flowers exported is Kekwa (Chrysanthemum). Malaysia has been the largest exporter for the Japanese market for Chrysanthemum since 2004, with its value reaching USD 72,580 thousand in 2017. Chrysanthemum is one of the biggest and stable flowers from this region, grown in Cameron Highlands, Malaysia.

    Reasons to Purchase this report:

    - The market estimate (ME) sheet in Excel format
    - Report customization as per the client's requirements
    - 3 months of analyst support

    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.
    market Reports market Reports