UAE Cut Flower Market Outlook (2021-2027)
Market Forecast By Flower Types (Rose, Carnation, Tulip, Lily, Orchid, Hydrangea, Chrysanthemum And Gerbera, Others (Sunflowers, Lisianthus, Veronica Etc.)), By Applications (Commercial (Hospitality, Corporate, Events), Residential (Gifting, Personal)), By Sales Channels (Online, Offline), By Emirates (Dubai, Abu Dhabi, Other Emirates (Sharjah, Ajman, Ras Al Khaimah, Fujairah, Umm Al Quawain)) And Competitive Landscape
According to 6Wresearch, UAE Cut
Flower Market size is projected to grow at a CAGR of 13.3% during
2021-2027. The government has established Dubai Flower center as an
economic zone with an aim of offering tax concessions and customs duty benefits
to the expatriate investors and thus facilitating floriculture industry in the
country. To attract investments from expatriate, government is allowing
complete foreign ownership, no currency restrictions, 100% import & export
tax exemption, 100% repatriation of capital, and profits and others benefits
for people setting up business in DFC. Increasing government investment in floriculture
industry would augment cut flower market in the country.
UAE cut flower market saw a sharp
decline in 2020 on account of lockdowns and restrictions imposed in the country
to curtail spread of COVID-19 which resulted in supply chain disruptions and
halted exhibitions and corporate events. However, the decline in market is
expected to be temporary and the market is anticipated to return to a healthy
growth rate on account of upliftment of lockdowns restrictions and resumption
of business activities such as the upcoming mega event Dubai Expo 2020 which is
expected to run from October 2021 to March 2022 and is expected to attract 25
million visitors.
For Latest Press Release : https://www.6wresearch.com/press-release/uae-cut-flower-market-size-is-projected-to-grow-at-a-cagr-of-133-during-2021-2027
Market by Flower Type Analysis
In terms of flower types, the
segments rose, tulip and chrysanthemum & gerbera cumulatively have captured
65% of the market revenues in 2020, with rose leading the market.
Key Highlights of the Report
- UAE Cut Flower Market Overview
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- UAE Cut Flower Market Outlook
- UAE Cut Flower Market Forecast
- Market Drivers and Restraints
- UAE Cut Flower Market Trends and Industry Life Cycle
- UAE Cut Flower Market Revenue Ranking, By Company
- UAE Cut Flower Market – Trade Statistics
- UAE Cut Flower Market – Key Untapped Areas to Explore
- UAE Cut Flower Market – Consumer Analysis
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Historical Data and Forecast of UAE Cut Flower Market Revenues for the Period 2017-2027F
- Historical Data and Forecast of Revenues, By Flower Types, Sales Channel, Applications and Emirates for the Period 2017-2027F
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