The global flower box market is projected to experience significant growth over the next decade, with its market size estimated to be worth USD 3,018.1 million in 2024 and anticipated to reach a value of USD 4,467.6 million by 2034. The market is expected to expand at a compound annual growth rate (CAGR) of 4.0% between 2024 and 2034. In 2023, the flower box market generated USD 2,899.2 million in revenue.
Paper and paperboard flower boxes are set to capture a significant portion of the market, accounting for 27.1% of the total share in 2024. These eco-friendly, biodegradable, and recyclable materials are gaining traction due to growing consumer awareness of sustainable packaging solutions.
With increasing concerns over plastic waste, paper-based flower boxes are becoming the preferred choice for both residential and commercial use, such as gift packaging, event décor, and corporate gifting.
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The institutional sector, which includes schools, hospitals, and libraries, is expected to capture more than 34.1% of the market share during the forecast period. The demand from this segment is driven by the use of flower boxes to create aesthetic and welcoming environments in public spaces, enhancing the ambiance for visitors, clients, and employees. Additionally, these boxes contribute to outdoor décor by adding greenery to institutional environments.
Gloss-laminated flower boxes are expected to dominate the market with a growth rate of 3.7% in the coming years. Their premium appearance, luxurious finish, and suitability for special occasions make them popular among consumers. Furthermore, the ability to customize these boxes with printed designs, logos, and messages enhances their appeal for gifting purposes.
Key Takeaways from the Flower Box Market
- The flower box market generated USD 2,899.2 million in revenue in 2023.
- The global market experienced a CAGR of 3.2% between 2019 and 2023.
- In the USA, the flower box industry is projected to grow at a CAGR of 3.6% by 2034, outperforming other North American countries.
- India is anticipated to see strong growth, with a projected CAGR of 4.3% during the evaluation period.
- By 2034, paper and paperboard materials are expected to hold a 27.1% market share.
- The institutional segment is forecasted to dominate the end-use category, with a 34.1% share by 2034.
Competitive Landscape
Key players in the flower box industry are creating and bringing new items into the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
Key Players in Flower Box Manufacturers
- DS Smith plc
- Smurfit Kappa Group plc
- the Packaging Pro.
- Fleur Box
- Packman Packaging Private Limited
- ZEE Packaging
- Packtek
- Guangzhou Huaisheng Packaging Inc., Ltd.
- Dongguan Changfa Craft Packing Product Co., Ltd
- Oyeboxes
Key Developments in Flower Box Market
- In June 2024, Smurfit Kappa invested over €30 million in Spain to reduce CO2 emissions and demonstrate its commitment to delivering on its sustainability goals.
- In February 2024, Linflowers introduced renewed flower box with increased quality, strength and colors.
- In January 2024, Royal FloraHolland, a Dutch conglomerate of florists launched first new reusable flower box Fc520.
Flower Box Market Segmentation
By Material:
In terms of material, the flower box market is divided into paper & paperboard, plastic, fabrics, wooden, bamboo and recycled plastic.
By End Use:
Some of end users related to flower box market include institutional, residential and commercial.
By Finish:
Few of the finish types in flower box market include matte lamination, gloss lamination, varnishing, embossing and hot stamping.
By Distribution Channel:
Various distribution channels related to the flower box market include supermarkets, retail stores, florist and online sales.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
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