Australia Floriculture Market Size

Australia Floriculture Market Analysis

The Australia Floriculture Market size is estimated at USD 2.70 billion in 2024, and is expected to reach USD 3.30 billion by 2029, growing at a CAGR of 4.10% during the forecast period (2024-2029).

• Flower cultivation occurs in high-tech glasshouses, lower-tech protected cropping, and outdoor fields. Perth, Wimmera, South East Queensland, Northern Rivers, Central Coast, and Melbourne are the major flower-producing areas in Australia. Desert flame, grevillea, kangaroo paws, Canberra bells, pink rock lily, Aussie box, bottle brushes, and chorizema are some of the popular flowers grown in Australia.
• In the past ten years, there has been an expansion of the native flower industry, with the entry of large numbers of new growers. Most of the industry is now located along the coast, with a strong focus on the Mid-North Coast and North Coast regions. This expansion has occurred due to the development of crop-based and locally-based grower networks and stronger collaboration between the research and development institutions and industry.
• In the financial year 2021, the production value of cut flowers in Australia amounted to just over 277 million Australian dollars. The value of cut flowers produced in the country has increased continually over the measured period. Therefore, growing consumer demand and the market's high export potential are the key factors supporting market growth.
• According to the Australian Horticulture Statistics Handbook 2020/21, the production occurs in high-tech glasshouses, lower-tech protected cropping, and outdoor fields. The majority of cut flowers grown in Australia are grown in Victoria. For the year ending June 2021, the local wholesale value of the fresh supply was USD 380.5 million.