Flower Box Market

Flower Box Market Overvier

The flower box market is anticipated to record a CAGR of 5.2% during the forecast period. The flower box market is likely to garner strength and reach a valuation of US$ 4.27 Bn by 2032 up from US$ 2.57 Bn in 2022.

Sales of flower box are predicted to rise as they provide excellent packaging solutions for flowers. In addition to this, demand for flower box is rising as they promote brand enhancement.

Flower box are made up of solid cardboard, which ensures stability and ensures minimal damage during transit. As a result of this stability, the global flower box market share is anticipated to rise.

Most of the manufacturers focus on offering customized prints and textures according to the occasion to increase the sales of flower box and appeal to a wider clientele. It is also observed that most of the flower box manufacturers notice increased sales of flower box, and demand for flower box during the festive seasons. 

Flower boxes are 100% recyclable as they are made from renewable sources. This is a major factor that is anticipated to increase the demand for flower box. As a result of this increased demand, the sales of flower box is also anticipated to rise during the forecasted period.

What are the Key Drivers to the Flower Box Market?

In recent years, corporate gifting has emerged as a major driving force contributing to the increasing demand for flower boxes and overall flower box market share. All kinds of corporate events involve an exchange of flowers that are usually packaged in box.

Many companies take such initiatives to foster their relationships with the employees, which gradually increased the sales of flower box over the years.

Also, the demand for flower box is also rising due to rising events such as welcoming delegates, farewells, and other cultural programs being inaugurated by presenting flowers or bouquets. This is expected to be another driver for the flower box market share during the forecast period.

Eye-catching presentation of flower boxes increases sales rate. Moreover, minimal shipping costs due to light material weight tend to increase demand for flower boxes during the forecast period.

The sales of flower box are rising as people present bouquets and use flower boxes for packaging in events such as weddings, inaugurations, birthdays, etc. This is another major end-use for flower box packaging and is anticipated to be a key driver in fuelling the demand for flower box in the market.   

Nowadays, distribution channel plays a vital role in the cumulative success of any enterprise. Increasing consumer inclination towards convenience stores and online sales channels has created high-growth prospects for flower box market share.

Ismail Sutaria

Principal Consultant

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Which Region holds the Highest Growth Potential in the Flower Box Market?

Due to increased corporate culture in developing regions such as India to drive the flower box market during the forecast period. Geographically, the flower box market can be segmented into eight regions that are Europe, North and Latin America, South and East Asia, Oceania, and Middle-East & Africa. 

37% of the flower boxer market share will originate from Europe during the forecast period. The Netherlands and the UK are the other key markets for flower box in Europe. Market growth in this region is likely to be faster than the growth of the market in MEA, North America, and South America.

The growing demand for flower box and the increasing sales of flower box at supermarkets will facilitate the flower packaging market growth in Europe over the forecast period.

Who are the Key Players in the Flower Box Market?

Some of the key manufacturing in the flower box market are DS Smith, Smurfit Kappa, Atlas Packaging, Hawaii Box & Packaging, Inc.

In flower box market, vendors’ landscape remains highly splintered. There are various unorganized players in the flower box market.

Recent Developments

• Smurfit Kappa & D.S. Smith is expanding its manufacturing capability through acquisition and merger strategy
• In 2018, the company expanded its manufacturing capability by acquiring Raparenco, a containerboard mill in Netherlands.
• On March 2018, D.S. Smith completed the acquisition of EcoPack and EcoPaper.

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