Market Highlights: Floral gifting is the act of giving flowers as a gift on a variety of occasions, including birthdays, Valentine's Day, Mother's Day, Christmas, and etc. Single flowers, mono-bunches, mixed bouquets, customized flower arrangements, and so forth are common examples. Floral gifts are said to be an excellent way of expressing and communicating a variety of emotions such as affection, gratitude, pity, or apologies. Massive consolidation is taking place in the supply chain. Major flower producers are pursuing vertical integration as a means of increasing profitability, and they are acquiring small farms, resulting in fierce competition. The market study is being classified by Type (Steams, Bunches, Bouquets & Arrangements and Single Flower) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Floral Gifting are FTD Companies (United States), BloomNation (United States), Teleflora (United States), Bloomex (United States), Farmgirl Flowers, Inc. (United States), Flowerdot Ltd (United Kingdom), Florists' Transworld Delivery (FTD), LLC (United States), Gotham Florist (United States), Arena Online Ltd (United Kingdom), H.Bloom, Just Flowers, Inc. (United States) and The Bouqs Company (United States).
In April 2020, FTD Companies and Homesick announced an exclusive Mother's Day collection that includes some of FTD's most popular bouquets as well as Homesick's Thank You, Mom candle.
Key Questions Answered in the Report What will the Floral Gifting Market size and the growth rate be in Future? What are the key factors driving the Floral Gifting Market? What are the key market trends and macro-economic impacting the growth of the Floral Gifting Market? What are the challenges to market growth? Who are the key vendors in the Floral Gifting Market? What are the market opportunities and threats faced by the vendors in the Floral Gifting Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Floral Gifting Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Floral Gifting market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Floral Gifting market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Customers/Public, Florist Business Plan and Floral Customers. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.