Vietnam Floriculture Market - Growth, Trends, and Forecast (2020 - 2025)

Vietnam has two different climatic regions, namely the subtropical region in the north and the tropical region in the south. Moreover, there are regions with a, particularly temperate climate. Owing to varied climatic conditions, tropical, subtropical, and temperate flowers can be grown throughout the year, in the country. Lam Dong province is considered the ‘golden land’ for developing tropical and temperate flowers in the country, due to its ideal conditions, such as suitable day and night temperatures, and enough flat land for large-scale production. Vietnam accounts for a number of river deltas with fertile alluvial soil, which is suitable for large-scale production of cut flowers.

The export market value for roses in Vietnam to the rest of the world is projected to witness a CAGR of 3.06%, during the forecast period. In Vietnam, roses are the fourth largest category of cut flowers being exported to other countries, and with the sector taking shape, the share of roses is likely to improve, over the forecast period. The popular varieties are the white and red rose in Quang and light yellow, light pink, dark yellow, and dark red rose in Dalat, and black red and creeping rose in other places. The favorable conditions of Vietnam for growing flowers have helped attract an increasing number of foreign investors to the Lam Dong province. These investments have developed growing areas, provided cultivation techniques, and have also helped establish distribution centers.