Malaysia Floriculture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The Malaysian floriculture market is projected to register a CAGR of 3.1% during the forecast period (2021-2026). The COVID-19 affected the Malaysia floriculture market very badly. The lockdown imposed to control the transmission of the COVID-19 made people confined to their homes while many non-essential businesses shut shop, leaving thousands of growers helpless as their long preparation and planning to raise a variety of flowers came to naught. Tonnes of orchid, carnation, rose, aster, chrysanthemums, lily and other flowers that were transported to wholesale markets lay dumped as there were no buyers. Among the temperate flowers, Chrysanthemum accounted for a significant share of 44.8%, followed by Rose with 25.8% in 2019. Growers in the country play an essential role in the distribution channel of flowers in both domestic and foreign markets. China, India, the Netherlands, and Indonesia are the major countries exporting cut flowers to Malaysia, while Japan, Thailand, Singapore, and Australia are the major countries importing cut flowers from Malaysia.

Scope of the Report

Floriculture is a type of horticulture practice, which focuses on the cultivation of flowering and ornamental plants for gardens, as well as for commercial use. The Malaysian Floriculture Market is Segmented by Type of Flower into Orchids (Rosa, Chrysanthemum, Carnation, Aster, Gerbera, Lily, Nursery Stock, and Others). The report also includes Import Analysis (Value and Volume) and Export Analysis (Value and Volume). The report presents an in-depth analysis of the market size and trade analysis of different types of flowers popular in the Malaysian floriculture market, import analysis (value and volume), export analysis (value and volume), and a detailed analysis of flower farming and flower farms in Malaysia.

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Key Market Trends

Growing Demand For Temperate Flowers

Malaysia due to its climate and topography condition mainly focuses on two main groups of floral products, temperate flowers, particularly chrysanthemum grown in the highlands of the country, and exotic flowers, such as orchids, thriving in the hot, humid lowlands. The most important temperate flower types are rose which accounted for 25.8%, followed by chrysanthemum and carnation with 44.7% and 12.1%, respectively. These three flower types contributed 82.6% of total temperate cut flower production in 2018. These temperate flowers are cultivated in the highland cultivation area under simple plastic shelters. In Malaysia, temperate cut flowers are primarily produced in the Cameron Highlands, Gua Musang, and Ranau regions. For instance, highlands, such as the Cameron Highlands, are the major growing areas of temperate flowers. topography condition, Malaysia mainly focuses on two main groups of floral products, temperate flowers grown in the highlands of the country and exotic flowers, such as orchids, thriving in the hot, humid lowlands.

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