Global Floral Foam Market Size, Share, and COVID-19 Impact Analysis By Type (Dry Foam, and Wet Foam), By Application (Residential, and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Chemicals & MaterialsGlobal Floral Foam Market Insights Forecasts to 2033
- The Global Floral Foam Market Size was estimated at USD 5.60 Billion in 2023
- The Global Floral Foam Market Size is Expected to Grow at a CAGR of around 5.36% from 2023 to 2033
- The Worldwide Floral Foam Market Size is Expected to Reach USD 9.44 Billion by 2033
- Asia Pacific is expected to grow the fastest during the forecast period.
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The Global Floral Foam Market Size is expected to cross USD 9.44 Billion by 2033, growing at a CAGR of 5.36% from 2023 to 2033. The growing demand for environmentally friendly substitutes is a significant trend in the floral foam market. The two buyers and organizations in the flower industry are searching for more environmentally friendly and practical products as awareness of environmental concerns grows.
Market Overview
The industry focused on the manufacture, marketing, and distribution of floral foam products is known as the floral foam market. Florists use floral foam to hold cut flowers in place while supporting and arranging their bouquets. It contributes to stability and water retention, extending the freshness of the flowers. Floral foam comes in a variety of sizes and forms to accommodate different kinds of flower arrangements and is usually composed of a synthetic substance, most frequently phenolic foam. The rising need for decorative designs in a variety of contexts, such as weddings, business gatherings, and celebrations, is a key factor driving the growth of the floral foam market. The market for floral foam is driven by several reasons, including the ongoing trend for product plan advancement and growing interest in beautiful patterns. The rising usage of flowers for weddings, business gatherings, and holidays is driving the need for the floral foam market.
Report Coverage
This research report categorizes the floral foam market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the floral foam market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the floral foam market.
Global Floral Foam Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 5.60 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.36% |
2033 Value Projection: | USD 9.44 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 201 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Application, By Region |
Companies covered:: | Assa Horticultural Co., Ltd., Mosy, Hiwonder, VND-Plast Cell, Oasis floral, Kg Enterprises, Aspac Floral Foam Co., Floratex, Trident Foams, SUNFLOWER FLORAL FOAM, Floracraft, and other key players |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
Growing demand for ornamental flower arrangements for ceremonies and occasions, as well as the growing acceptance of sustainable and environmentally friendly floral foam substitutes, are the main factors driving the floral foam market. Leading manufacturers are responding to growing consumer demand for environmentally friendly alternatives by investing in creative projects aimed at creating sustainable and biodegradable flower foam products. The new eco-friendly products are being embraced by the business floral industry in particular, which is helping businesses drive the growth of the floral foam market.
Restraining Factors
One of the primary restrictions is the ecological worries encompassing the utilization of the conventional floral foam market. Numerous conventional foam items are produced using non-biodegradable materials that require a very long time to break down, prompting huge ecological waste.
Market Segmentation
The floral foam market share is classified into type and application.
- The wet foam segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the type, the floral foam market is divided into dry foam and wet foam. Among these, the wet foam segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The most commonly used kind of foam is wet foam, which is designed to retain water and keep flowers moist. It is mostly used in live ornamental arrangements for events such as memorial services and weddings.
- The commercial segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the application, the floral foam market is divided into commercial, and residential. Among these, the commercial segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. A large amount of floral foam is used in the commercial sector, which includes florists, event planners, wedding coordinators, and corporate event organizations.
Regional Segment Analysis of the Floral Foam Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the floral foam market over the predicted timeframe.
North America is anticipated to hold the largest share of the floral foam market over the predicted timeframe. The robust flower industry in the United States, which caters to both private ornamental design enthusiasts and large-scale business events, is the main driver of the floral foam market in this region. Flower foam products are very popular on popular occasions like Mother's Day, Valentine's Day, and wedding season. Floral foam is essential to flower dealers and event planners in the United States due to the keeps flowers hydrated and firm.
Asia Pacific is expected to grow at the fastest CAGR growth of the floral foam market during the forecast period. Asia's floral foam industry is expanding rapidly, particularly in countries like China, India, and Japan where festive arrangements are essential to social customs, festivals, and celebrations. The need for flower foam is being driven by the growing working class and disposable income in these countries, which are contributing to a more notable interest in floral products.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the floral foam market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Assa Horticultural Co., Ltd.
- Mosy
- Hiwonder
- VND-Plast Cell
- Oasisfloral
- Kg Enterprises
- Aspac Floral Foam Co.
- Floratex
- Trident Foams
- SUNFLOWER FLORAL FOAM
- Floracraft
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2025, OASIS® Renewal™ Floral Foam, a plant-based breakthrough designed to revolutionize the floral business, was launched by Smithers-Oasis.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the floral foam market based on the below-mentioned segments:
Global Floral Foam Market, By Type
- Dry foam
- Wet foam
Global Floral Foam Market, By Application
- Commercial
- Residential
Global Floral Foam Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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