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.
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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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